Calton & Associates Inc. Grows Holdings in InvenTrust Properties Corp. (NYSE:IVT)

Calton & Associates Inc. increased its holdings in shares of InvenTrust Properties Corp. (NYSE:IVT - Free Report) by 327.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 116,780 shares of the company's stock after acquiring an additional 89,478 shares during the period. Calton & Associates Inc. owned about 0.15% of InvenTrust Properties worth $3,430,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of IVT. New York State Common Retirement Fund raised its stake in InvenTrust Properties by 18.8% during the 1st quarter. New York State Common Retirement Fund now owns 23,974 shares of the company's stock worth $704,000 after buying an additional 3,800 shares during the period. Cerity Partners LLC raised its stake in shares of InvenTrust Properties by 3.8% in the 1st quarter. Cerity Partners LLC now owns 14,844 shares of the company's stock valued at $436,000 after purchasing an additional 545 shares during the period. Allworth Financial LP raised its stake in shares of InvenTrust Properties by 12.3% in the 1st quarter. Allworth Financial LP now owns 10,098 shares of the company's stock valued at $279,000 after purchasing an additional 1,106 shares during the period. Significant Wealth Partners LLC raised its stake in shares of InvenTrust Properties by 18.7% in the 1st quarter. Significant Wealth Partners LLC now owns 21,487 shares of the company's stock valued at $631,000 after purchasing an additional 3,380 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in shares of InvenTrust Properties by 2.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 143,392 shares of the company's stock valued at $4,211,000 after purchasing an additional 3,741 shares during the period. 61.70% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

IVT has been the subject of several recent research reports. Wells Fargo & Company cut their price target on InvenTrust Properties from $33.00 to $32.00 and set an "overweight" rating for the company in a research note on Wednesday, March 26th. BTIG Research began coverage on InvenTrust Properties in a research note on Monday, April 28th. They set a "buy" rating and a $31.00 target price for the company. Two investment 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 currently has an average rating of "Moderate Buy" and an average price target of $31.80.

InvenTrust Properties Price Performance

IVT traded up $0.32 during trading on Tuesday, hitting $27.53. 79,754 shares of the company traded hands, compared to its average volume of 428,124. The company has a market cap of $2.14 billion, a PE ratio of 119.64, a P/E/G ratio of 3.05 and a beta of 0.88. The stock's 50-day simple moving average is $27.65 and its two-hundred day simple moving average is $28.42. InvenTrust Properties Corp. has a 1 year low of $25.21 and a 1 year high of $31.65. The company has a current ratio of 2.43, a quick ratio of 2.43 and a debt-to-equity ratio of 0.42.

InvenTrust Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were paid a dividend of $0.2377 per share. This represents a $0.95 annualized dividend and a dividend yield of 3.45%. The ex-dividend date was Monday, June 30th. This is a positive change from InvenTrust Properties's previous quarterly dividend of $0.24. InvenTrust Properties's payout ratio is 413.04%.

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.