InvenTrust Properties Corp. (NYSE:IVT) Stock Position Lowered by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its stake in shares of InvenTrust Properties Corp. (NYSE:IVT - Free Report) by 76.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 107,938 shares of the company's stock after selling 354,941 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.14% of InvenTrust Properties worth $3,252,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in IVT. Voloridge Investment Management LLC lifted its position in shares of InvenTrust Properties by 62.3% during the fourth quarter. Voloridge Investment Management LLC now owns 235,376 shares of the company's stock worth $7,092,000 after purchasing an additional 90,362 shares during the last quarter. Squarepoint Ops LLC grew its position in shares of InvenTrust Properties by 129.9% in the 4th quarter. Squarepoint Ops LLC now owns 31,626 shares of the company's stock worth $953,000 after acquiring an additional 17,870 shares in the last quarter. Two Sigma Advisers LP bought a new stake in shares of InvenTrust Properties in the 4th quarter valued at approximately $548,000. Two Sigma Investments LP increased its holdings in shares of InvenTrust Properties by 135.1% in the 4th quarter. Two Sigma Investments LP now owns 72,046 shares of the company's stock valued at $2,171,000 after acquiring an additional 41,398 shares during the last quarter. Finally, State of Wyoming raised its position in shares of InvenTrust Properties by 186.6% during the 4th quarter. State of Wyoming now owns 10,846 shares of the company's stock valued at $327,000 after acquiring an additional 7,061 shares in the last quarter. 61.70% of the stock is owned by institutional investors and hedge funds.

InvenTrust Properties Stock Performance

NYSE IVT traded up $0.16 on Monday, hitting $28.28. The stock had a trading volume of 286,038 shares, compared to its average volume of 423,767. The company's 50-day moving average is $27.66 and its two-hundred day moving average is $29.05. InvenTrust Properties Corp. has a one year low of $24.06 and a one year high of $31.65. The stock has a market cap of $2.19 billion, a price-to-earnings ratio of 157.08, a P/E/G ratio of 3.34 and a beta of 0.90. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 0.42.

InvenTrust Properties Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a dividend of $0.2376 per share. This represents a $0.95 dividend on an annualized basis and a yield of 3.36%. The ex-dividend date was Monday, March 31st. This is a positive change from InvenTrust Properties's previous quarterly dividend of $0.23. InvenTrust Properties's payout ratio is 413.04%.

Analysts Set New Price Targets

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

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.