Harbor Capital Advisors Inc. Grows Holdings in InvenTrust Properties Corp. (NYSE:IVT)

Harbor Capital Advisors Inc. raised its holdings in shares of InvenTrust Properties Corp. (NYSE:IVT - Free Report) by 38.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 65,332 shares of the company's stock after buying an additional 18,003 shares during the quarter. Harbor Capital Advisors Inc. owned about 0.08% of InvenTrust Properties worth $1,919,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in IVT. FIL Ltd grew its stake in shares of InvenTrust Properties by 17.4% during the fourth quarter. FIL Ltd now owns 2,240 shares of the company's stock valued at $67,000 after buying an additional 332 shares during the last quarter. Allworth Financial LP lifted its holdings in InvenTrust Properties by 4.4% in the fourth quarter. Allworth Financial LP now owns 8,992 shares of the company's stock worth $258,000 after buying an additional 383 shares during the period. NewEdge Advisors LLC lifted its holdings in InvenTrust Properties by 29.4% in the fourth quarter. NewEdge Advisors LLC now owns 2,046 shares of the company's stock worth $62,000 after buying an additional 465 shares during the period. EntryPoint Capital LLC lifted its holdings in shares of InvenTrust Properties by 7.5% during the fourth quarter. EntryPoint Capital LLC now owns 9,823 shares of the company's stock valued at $296,000 after purchasing an additional 682 shares during the last quarter. Finally, US Bancorp DE lifted its holdings in shares of InvenTrust Properties by 19.8% during the fourth quarter. US Bancorp DE now owns 4,566 shares of the company's stock valued at $138,000 after purchasing an additional 756 shares during the last quarter. Institutional investors own 61.70% of the company's stock.

Analyst Ratings Changes

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

InvenTrust Properties Price Performance

Shares of NYSE IVT traded down $0.40 during trading on Friday, hitting $27.76. The company had a trading volume of 332,258 shares, compared to its average volume of 422,862. The firm has a market capitalization of $2.15 billion, a price-to-earnings ratio of 154.22, a price-to-earnings-growth ratio of 3.34 and a beta of 0.90. InvenTrust Properties Corp. has a fifty-two week low of $24.13 and a fifty-two week high of $31.65. The stock has a fifty day simple moving average of $27.75 and a two-hundred day simple moving average of $28.97. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 0.42.

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.