Bank of America Corp DE Increases Stock Holdings in InvenTrust Properties Corp. $IVT

Key Points

• Bank of America increased its InvenTrust Properties stake by 27.9% in the first quarter, bringing its holdings to 244,896 shares worth approximately $7.46 million. Institutional investors collectively own 61.7% of IVT.
• InvenTrust reported quarterly EPS of $0.02, below the $0.04 analyst estimate, while revenue of $82.83 million slightly exceeded expectations. The company maintained fiscal 2026 EPS guidance of $1.92–$1.96.
• The REIT pays a quarterly dividend of $0.25, equal to a 3.1% annualized yield, and analysts hold a consensus “Moderate Buy” rating with an average price target of $35.14.

Bank of America Corp DE lifted its position in shares of InvenTrust Properties Corp. (NYSE:IVT - Free Report) by 27.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 244,896 shares of the company's stock after buying an additional 53,425 shares during the quarter. Bank of America Corp DE owned approximately 0.31% of InvenTrust Properties worth $7,460,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cassaday & Co Wealth Management LLC purchased a new stake in InvenTrust Properties in the 1st quarter valued at approximately $29,000. EverSource Wealth Advisors LLC grew its holdings in InvenTrust Properties by 44.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company's stock valued at $38,000 after buying an additional 418 shares during the last quarter. Global Retirement Partners LLC increased its position in InvenTrust Properties by 82.3% during the fourth quarter. Global Retirement Partners LLC now owns 1,376 shares of the company's stock worth $39,000 after buying an additional 621 shares in the last quarter. Danske Bank A S increased its position in InvenTrust Properties by 220.0% during the fourth quarter. Danske Bank A S now owns 1,600 shares of the company's stock worth $45,000 after buying an additional 1,100 shares in the last quarter. Finally, Prosperity Bancshares Inc acquired a new position in shares of InvenTrust Properties in the fourth quarter worth $47,000. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

InvenTrust Properties Stock Performance

InvenTrust Properties stock opened at $32.72 on Wednesday. The stock has a fifty day moving average price of $34.82 and a 200 day moving average price of $32.85. InvenTrust Properties Corp. has a 52 week low of $26.81 and a 52 week high of $37.22. The firm has a market capitalization of $2.55 billion, a P/E ratio of 163.59, a PEG ratio of 2.67 and a beta of 0.78. 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 (NYSE:IVT - Get Free Report) last issued its quarterly 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). InvenTrust Properties had a return on equity of 0.85% and a net margin of 4.80%.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 research analysts anticipate that InvenTrust Properties Corp. will post 1.95 earnings per share for the current year.

InvenTrust Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date was Tuesday, June 30th. InvenTrust Properties's payout ratio is presently 500.00%.

Analyst Ratings Changes

Several analysts have recently issued reports on IVT shares. Wells Fargo & Company set a $39.00 price objective on InvenTrust Properties and gave the company an "overweight" rating in a research report on Thursday, July 23rd. Bank of America lifted their price objective on InvenTrust Properties from $37.00 to $38.00 and gave the stock a "buy" rating in a research report on Monday, June 29th. Wall Street Zen downgraded shares of InvenTrust Properties from a "hold" rating to a "sell" rating in a research note on Saturday, July 18th. Jefferies Financial Group raised shares of InvenTrust Properties to a "strong-buy" rating in a research note on Friday, June 26th. Finally, Weiss Ratings downgraded shares of InvenTrust Properties from a "buy (b)" rating to a "hold (c)" rating in a report on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, InvenTrust Properties has a consensus rating of "Moderate Buy" and an average price target of $35.14.

InvenTrust Properties Profile

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.

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