InvenTrust Properties Corp. (IVT) - What Are Investment Firms Saying About This Stock?

Key Points

• Analysts maintain a “Moderate Buy” consensus on InvenTrust Properties, with four buy ratings, one strong buy and two holds. The average 12-month price target is $34.57, above the stock’s reported $30.11 price.
• Institutional investors and hedge funds own 61.7% of IVT, with several firms recently increasing their positions. However, analyst opinions have been mixed, including recent downgrades from Weiss Ratings and Wall Street Zen.
• InvenTrust reported quarterly EPS of $0.02, missing the $0.04 consensus estimate, while revenue of $82.83 million slightly exceeded expectations. The company pays a quarterly dividend of $0.25, equivalent to a 3.3% annual yield.

Shares of InvenTrust Properties Corp. (NYSE:IVT - Get Free Report) have been given a consensus rating of "Moderate Buy" by the seven research firms that are presently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $34.57.

Several research firms have commented on IVT. Weiss Ratings cut InvenTrust Properties from a "buy (b)" rating to a "hold (c)" rating in a research note on Thursday, August 13th. Wall Street Zen downgraded shares of InvenTrust Properties from a "hold" rating to a "sell" rating in a report on Saturday, July 18th. Bank of America lifted their price objective on shares of InvenTrust Properties from $37.00 to $38.00 and gave the company a "buy" rating in a report on Monday, June 29th. Wells Fargo & Company set a $34.00 price objective on shares of InvenTrust Properties and gave the stock an "overweight" rating in a research report on Friday. Finally, Truist Financial set a $32.00 target price on shares of InvenTrust Properties and gave the stock a "hold" rating in a report on Thursday, October 1st.

Hedge Funds Weigh In On InvenTrust Properties

A number of large investors have recently modified their holdings of IVT. NewEdge Advisors LLC raised its holdings in shares of InvenTrust Properties by 24.0% during the first quarter. NewEdge Advisors LLC now owns 1,717 shares of the company's stock valued at $52,000 after purchasing an additional 332 shares during the period. Amundi grew its stake in shares of InvenTrust Properties by 0.9% in the 1st quarter. Amundi now owns 44,139 shares of the company's stock valued at $1,344,000 after buying an additional 392 shares during the period. Integrated Wealth Concepts LLC increased its position in InvenTrust Properties by 4.6% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 10,588 shares of the company's stock valued at $375,000 after buying an additional 462 shares in the last quarter. Versant Capital Management Inc increased its position in InvenTrust Properties by 37.3% in the 3rd quarter. Versant Capital Management Inc now owns 2,078 shares of the company's stock valued at $63,000 after buying an additional 565 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC bought a new stake in InvenTrust Properties in the 1st quarter valued at about $29,000. 61.70% of the stock is currently owned by institutional investors and hedge funds.

InvenTrust Properties Trading Up 0.1%

IVT opened at $30.11 on Monday. The stock has a market capitalization of $2.35 billion, a P/E ratio of 150.57, a P/E/G ratio of 2.45 and a beta of 0.77. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 0.62. InvenTrust Properties has a 12 month low of $26.81 and a 12 month high of $37.22. The firm's fifty day simple moving average is $31.22 and its 200 day simple moving average is $32.87.

InvenTrust Properties (NYSE:IVT - Get Free Report) last released its earnings results on Monday, August 3rd. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by ($0.02). The firm had revenue of $82.83 million for the quarter, compared to the consensus estimate of $82.44 million. InvenTrust Properties had a return on equity of 0.85% and a net margin of 4.80%. InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. As a group, research analysts anticipate that InvenTrust Properties will post 1.95 EPS for the current fiscal year.

InvenTrust Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 3.3%. The ex-dividend date was Wednesday, September 30th. InvenTrust Properties's payout ratio is presently 500.00%.

About InvenTrust Properties

InvenTrust Properties Corp. NYSE: IVT is a self-managed real estate investment trust that owns, leases and manages open-air, grocery-anchored shopping centers. Its properties are generally focused on necessity-based retail, including grocery stores, restaurants, health and wellness providers, and other service-oriented businesses.

The company's portfolio is concentrated in high-growth markets across the Sun Belt region of the United States, including communities in the Southeast, Southwest and Texas.

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