AlphaQuest LLC Sells 28,011 Shares of InvenTrust Properties Corp. $IVT

Key Points

• AlphaQuest LLC reduced its stake in InvenTrust Properties Corp. by 66.4%, selling 28,011 shares and holding 14,176 shares worth $416,000 at the end of the reporting period.
• InvenTrust Properties has increased its quarterly dividend to $0.2377 per share, reflecting a yield of 3.3% and an annualized dividend of $0.95.
• The company's stock performance shows a 52-week range between $25.21 and $31.65, with a current opening price of $29.25.

AlphaQuest LLC lowered its position in InvenTrust Properties Corp. (NYSE:IVT - Free Report) by 66.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,176 shares of the company's stock after selling 28,011 shares during the period. AlphaQuest LLC's holdings in InvenTrust Properties were worth $416,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of IVT. Avalon Trust Co bought a new stake in shares of InvenTrust Properties in the first quarter worth $36,000. GF Fund Management CO. LTD. bought a new stake in shares of InvenTrust Properties in the fourth quarter worth $42,000. Quarry LP bought a new stake in shares of InvenTrust Properties in the fourth quarter worth $53,000. BI Asset Management Fondsmaeglerselskab A S bought a new stake in shares of InvenTrust Properties in the first quarter worth $57,000. Finally, Ameriflex Group Inc. purchased a new position in InvenTrust Properties during the fourth quarter valued at $60,000. Institutional investors own 61.70% of the company's stock.

InvenTrust Properties Stock Performance

NYSE:IVT opened at $29.25 on Wednesday. The stock has a 50-day simple moving average of $27.65 and a two-hundred day simple moving average of $28.15. InvenTrust Properties Corp. has a 52-week low of $25.21 and a 52-week high of $31.65. The company has a debt-to-equity ratio of 0.41, a quick ratio of 5.26 and a current ratio of 5.26. The firm has a market capitalization of $2.27 billion, a PE ratio of 20.31, a P/E/G ratio of 3.21 and a beta of 0.88.

InvenTrust Properties Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were issued a dividend of $0.2377 per share. This is a boost from InvenTrust Properties's previous quarterly dividend of $0.24. This represents a $0.95 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Monday, June 30th. InvenTrust Properties's dividend payout ratio is presently 65.97%.

About InvenTrust Properties

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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