Adelante Capital Management LLC bought a new position in InvenTrust Properties Corp. (NYSE:IVT - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 378,545 shares of the company's stock, valued at approximately $13,400,000. InvenTrust Properties comprises about 0.9% of Adelante Capital Management LLC's portfolio, making the stock its 28th largest position. Adelante Capital Management LLC owned approximately 0.49% of InvenTrust Properties as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of the stock. Principal Financial Group Inc. lifted its stake in shares of InvenTrust Properties by 24.9% during the 1st quarter. Principal Financial Group Inc. now owns 7,729,381 shares of the company's stock valued at $235,438,000 after buying an additional 1,539,672 shares in the last quarter. Centersquare Investment Management LLC boosted its stake in InvenTrust Properties by 600.3% during the fourth quarter. Centersquare Investment Management LLC now owns 1,287,805 shares of the company's stock worth $36,329,000 after buying an additional 1,103,911 shares during the period. Vision Capital Corp increased its position in InvenTrust Properties by 182.7% during the second quarter. Vision Capital Corp now owns 989,472 shares of the company's stock valued at $27,112,000 after acquiring an additional 639,472 shares during the last quarter. Millennium Management LLC raised its position in InvenTrust Properties by 40.8% in the 4th quarter. Millennium Management LLC now owns 1,910,142 shares of the company's stock worth $53,885,000 after purchasing an additional 553,184 shares during the period. Finally, Bank of New York Mellon Corp bought a new stake in InvenTrust Properties in the second quarter worth about $19,354,000. Hedge funds and other institutional investors own 61.70% of the company's stock.
InvenTrust Properties Trading Down 0.1%
NYSE:IVT opened at $32.66 on Thursday. InvenTrust Properties Corp. has a 12-month low of $26.81 and a 12-month high of $37.22. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 0.62. The stock's 50 day simple moving average is $34.78 and its 200-day simple moving average is $32.86. The firm has a market cap of $2.55 billion, a P/E ratio of 163.30, a PEG ratio of 2.66 and a beta of 0.78.
InvenTrust Properties (NYSE:IVT - Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.02). InvenTrust Properties had a net margin of 4.80% and a return on equity of 0.85%. The business had revenue of $82.83 million during the quarter, compared to analyst estimates of $82.44 million. InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. Equities analysts anticipate that InvenTrust Properties Corp. will post 1.95 EPS for the current year.
InvenTrust Properties Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a $0.25 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $1.00 dividend on an annualized basis and a yield of 3.1%. InvenTrust Properties's payout ratio is currently 500.00%.
Analysts Set New Price Targets
Several equities analysts have issued reports on IVT shares. Wells Fargo & Company set a $39.00 target price on InvenTrust Properties and gave the company an "overweight" rating in a research note on Thursday, July 23rd. Weiss Ratings lowered shares of InvenTrust Properties from a "buy (b)" rating to a "hold (c)" rating in a report on Thursday, August 13th. JPMorgan Chase & Co. upped their price objective on shares of InvenTrust Properties from $31.00 to $33.00 and gave the company a "hold neutral" rating in a report on Wednesday, May 6th. BTIG Research restated a "buy" rating and issued a $37.00 price objective on shares of InvenTrust Properties in a research report on Friday, June 12th. Finally, Jefferies Financial Group upgraded InvenTrust Properties to a "strong-buy" rating in a research report on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, InvenTrust Properties presently has an average rating of "Moderate Buy" and an average target price of $35.14.
Get Our Latest Stock Report on IVT
InvenTrust Properties Company Profile
(
Free Report)
InvenTrust Properties Corp is a self‐managed real estate investment trust specializing in suburban and urban retail real estate. Headquartered in Downers Grove, Illinois, the company focuses on the acquisition, leasing and management of open‐air shopping centers that serve everyday consumer needs.
The company’s portfolio is concentrated in neighborhood and community retail assets anchored by grocery stores, pharmacies and national service tenants. InvenTrust engages in active leasing strategies, property management services and selective development and redevelopment initiatives designed to enhance long‐term cash flow and tenant mix.
InvenTrust Properties was created in 2019 through the spin‐off of its predecessor, Inland Real Estate Investment Corp, and adopted its current name upon separation.
Featured Stories
Want to see what other hedge funds are holding IVT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for InvenTrust Properties Corp. (NYSE:IVT - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider InvenTrust Properties, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and InvenTrust Properties wasn't on the list.
While InvenTrust Properties currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead.
This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
