Chilton Capital Management LLC Decreases Stake in InvenTrust Properties Corp. (NYSE:IVT)

Chilton Capital Management LLC trimmed its position in InvenTrust Properties Corp. (NYSE:IVT - Free Report) by 6.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 248,664 shares of the company's stock after selling 17,367 shares during the period. Chilton Capital Management LLC owned approximately 0.32% of InvenTrust Properties worth $7,355,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Millennium Management LLC raised its position in shares of InvenTrust Properties by 51.9% during the fourth quarter. Millennium Management LLC now owns 2,457,305 shares of the company's stock worth $74,039,000 after purchasing an additional 839,541 shares during the period. Nuveen Asset Management LLC raised its holdings in InvenTrust Properties by 35.9% during the fourth quarter. Nuveen Asset Management LLC now owns 1,193,690 shares of the company's stock worth $35,966,000 after buying an additional 315,380 shares during the last quarter. Northern Trust Corp lifted its stake in shares of InvenTrust Properties by 37.3% in the fourth quarter. Northern Trust Corp now owns 1,014,739 shares of the company's stock valued at $30,574,000 after buying an additional 275,737 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of InvenTrust Properties during the fourth quarter valued at about $7,109,000. Finally, Schonfeld Strategic Advisors LLC increased its position in shares of InvenTrust Properties by 2,006.1% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 229,560 shares of the company's stock worth $6,917,000 after acquiring an additional 218,660 shares in the last quarter. 61.70% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

IVT has been the subject of a number of analyst reports. BTIG Research assumed coverage on InvenTrust Properties in a research note on Monday, April 28th. They set a "buy" rating and a $31.00 price target for the company. Wolfe Research began coverage on InvenTrust Properties in a research report on Thursday, March 20th. They issued a "peer perform" rating for the company. Finally, Wells Fargo & Company cut their price objective on shares of InvenTrust Properties from $33.00 to $32.00 and set an "overweight" rating on the stock in a report on Wednesday, March 26th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, InvenTrust Properties currently has an average rating of "Moderate Buy" and an average price target of $31.80.

InvenTrust Properties Stock Performance

IVT traded down $0.30 during trading on Monday, hitting $27.16. 570,400 shares of the company traded hands, compared to its average volume of 426,188. InvenTrust Properties Corp. has a one year low of $24.28 and a one year high of $31.65. The stock's fifty day moving average is $27.88 and its 200 day moving average is $28.62. The company has a quick ratio of 2.43, a current ratio of 2.43 and a debt-to-equity ratio of 0.42. The firm has a market cap of $2.11 billion, a P/E ratio of 118.09, a price-to-earnings-growth ratio of 3.10 and a beta of 0.88.

InvenTrust Properties Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be paid a dividend of $0.2377 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $0.95 annualized dividend and a dividend yield of 3.50%. This is a positive change from InvenTrust Properties's previous quarterly dividend of $0.24. InvenTrust Properties's dividend payout ratio (DPR) is presently 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.