Sei Investments Co. Has $3.24 Million Stock Holdings in InvenTrust Properties Corp. $IVT

Sei Investments Co. grew its stake in InvenTrust Properties Corp. (NYSE:IVT - Free Report) by 61.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 106,373 shares of the company's stock after acquiring an additional 40,600 shares during the period. Sei Investments Co. owned 0.14% of InvenTrust Properties worth $3,240,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of IVT. Principal Financial Group Inc. raised its holdings in InvenTrust Properties by 24.9% during the first quarter. Principal Financial Group Inc. now owns 7,729,381 shares of the company's stock worth $235,438,000 after acquiring an additional 1,539,672 shares in the last quarter. Centersquare Investment Management LLC boosted its holdings in shares of InvenTrust Properties by 600.3% in the 4th quarter. Centersquare Investment Management LLC now owns 1,287,805 shares of the company's stock valued at $36,329,000 after buying an additional 1,103,911 shares during the last quarter. Deprince Race & Zollo Inc. bought a new position in shares of InvenTrust Properties in the fourth quarter valued at $26,941,000. Vision Capital Corp grew its stake in shares of InvenTrust Properties by 182.7% in the second quarter. Vision Capital Corp now owns 989,472 shares of the company's stock valued at $27,112,000 after buying an additional 639,472 shares in the last quarter. Finally, Millennium Management LLC increased its holdings in InvenTrust Properties by 40.8% during the fourth quarter. Millennium Management LLC now owns 1,910,142 shares of the company's stock worth $53,885,000 after buying an additional 553,184 shares during the last quarter. Institutional investors and hedge funds own 61.70% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Bank of America increased their price target on shares of InvenTrust Properties from $37.00 to $38.00 and gave the company a "buy" rating in a research note on Monday, June 29th. BTIG Research reaffirmed a "buy" rating and issued a $37.00 target price on shares of InvenTrust Properties in a report on Friday, June 12th. Wells Fargo & Company set a $39.00 target price on shares of InvenTrust Properties and gave the company an "overweight" rating in a research note on Thursday, July 23rd. JPMorgan Chase & Co. lifted their price target on InvenTrust Properties from $31.00 to $33.00 and gave the stock a "hold neutral" rating in a report on Wednesday, May 6th. Finally, Wall Street Zen downgraded InvenTrust Properties from a "hold" rating to a "sell" rating in a research report on Saturday, July 18th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of $35.14.

InvenTrust Properties Stock Performance

NYSE:IVT opened at $33.19 on Friday. The company has a current ratio of 1.73, a quick ratio of 1.46 and a debt-to-equity ratio of 0.62. The stock has a 50 day simple moving average of $35.01 and a 200 day simple moving average of $32.50. InvenTrust Properties Corp. has a 1-year low of $26.81 and a 1-year high of $37.22. The stock has a market cap of $2.59 billion, a P/E ratio of 165.97, a PEG ratio of 2.78 and a beta of 0.78.

InvenTrust Properties (NYSE:IVT - Get Free Report) last posted its earnings results on Monday, August 3rd. The company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by ($0.02). The firm had revenue of $82.83 million for the quarter, compared to analyst estimates of $82.44 million. InvenTrust Properties had a return on equity of 0.85% and a net margin of 4.80%.InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. Research analysts anticipate that InvenTrust Properties Corp. will post 1.95 earnings per share for the current year.

InvenTrust Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $1.00 dividend on an annualized basis and a yield of 3.0%. InvenTrust Properties's payout ratio is currently 500.00%.

InvenTrust Properties Company 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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