Dimensional Fund Advisors LP Has $27.37 Million Stock Holdings in InvenTrust Properties Corp. (NYSE:IVT)

Dimensional Fund Advisors LP raised its position in shares of InvenTrust Properties Corp. (NYSE:IVT - Free Report) by 9.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 908,307 shares of the company's stock after purchasing an additional 77,299 shares during the period. Dimensional Fund Advisors LP owned approximately 1.18% of InvenTrust Properties worth $27,366,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Millstone Evans Group LLC acquired a new position in shares of InvenTrust Properties during the 4th quarter worth $27,000. Bernard Wealth Management Corp. bought a new position in InvenTrust Properties in the fourth quarter valued at about $50,000. Jones Financial Companies Lllp lifted its holdings in shares of InvenTrust Properties by 123.3% in the fourth quarter. Jones Financial Companies Lllp now owns 1,858 shares of the company's stock worth $56,000 after acquiring an additional 1,026 shares during the last quarter. NewEdge Advisors LLC lifted its stake in InvenTrust Properties by 29.4% in the 4th quarter. NewEdge Advisors LLC now owns 2,046 shares of the company's stock valued at $62,000 after purchasing an additional 465 shares during the last quarter. Finally, FIL Ltd lifted its stake in shares of InvenTrust Properties by 17.4% in the 4th quarter. FIL Ltd now owns 2,240 shares of the company's stock valued at $67,000 after acquiring an additional 332 shares during the last quarter. 61.70% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Wells Fargo & Company cut their price target on InvenTrust Properties from $33.00 to $32.00 and set an "overweight" rating on the stock in a research note on Wednesday, March 26th. Wolfe Research assumed coverage on shares of InvenTrust Properties in a report on Thursday, March 20th. They set a "peer perform" rating on the stock. Finally, BTIG Research assumed coverage on shares of InvenTrust Properties in a research note on Monday, April 28th. They set a "buy" rating and a $31.00 price target for the company. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $31.80.

InvenTrust Properties Trading Down 1.6 %

IVT opened at $27.94 on Tuesday. InvenTrust Properties Corp. has a twelve month low of $23.69 and a twelve month high of $31.65. The company has a fifty day moving average of $28.29 and a 200-day moving average of $29.43. The stock has a market cap of $2.17 billion, a PE ratio of 155.22, a price-to-earnings-growth ratio of 3.34 and a beta of 0.93. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 0.42.

InvenTrust Properties (NYSE:IVT - Get Free Report) last posted its quarterly earnings data on Tuesday, February 11th. The company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.39. InvenTrust Properties had a return on equity of 0.83% and a net margin of 4.99%. On average, sell-side analysts predict that InvenTrust Properties Corp. will post 1.79 EPS for the current year.

InvenTrust Properties Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were issued a dividend of $0.2376 per share. This represents a $0.95 dividend on an annualized basis and a dividend yield of 3.40%. This is a boost from InvenTrust Properties's previous quarterly dividend of $0.23. The ex-dividend date was Monday, March 31st. InvenTrust Properties's dividend payout ratio is presently 413.04%.

InvenTrust Properties Profile

InvenTrust Properties Corp. (the "Company," "IVT," or "InvenTrust") is a premier Sun Belt, multi-tenant essential retail REIT that owns, leases, redevelops, acquires and manages grocery-anchored neighborhood and community centers as well as high-quality power centers that often have a grocery component.

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