Analysts Set InvenTrust Properties Corp. (NYSE:IVT) Price Target at $31.80

InvenTrust Properties Corp. (NYSE:IVT - Get Free Report) has received a consensus rating of "Moderate Buy" from the six analysts that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $31.80.

A number of equities research analysts have recently weighed in on the stock. BTIG Research assumed coverage on shares of InvenTrust Properties in a report on Monday, April 28th. They issued a "buy" rating and a $31.00 price objective on the stock. Wolfe Research started coverage on InvenTrust Properties in a report on Thursday, March 20th. They issued a "peer perform" rating on the stock. Finally, Wells Fargo & Company decreased their price target on InvenTrust Properties from $33.00 to $32.00 and set an "overweight" rating for the company in a report on Wednesday, March 26th.

InvenTrust Properties Stock Down 0.7%

Shares of IVT stock traded down $0.20 during trading hours on Tuesday, reaching $27.83. 213,742 shares of the stock were exchanged, compared to its average volume of 424,853. The business's fifty day moving average is $27.84 and its two-hundred day moving average is $28.91. The firm has a market capitalization of $2.16 billion, a P/E ratio of 121.31, a P/E/G ratio of 3.16 and a beta of 0.90. InvenTrust Properties has a 12-month low of $24.13 and a 12-month high of $31.65. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.43 and a quick ratio of 2.43.

Hedge Funds Weigh In On InvenTrust Properties

Several hedge funds have recently made changes to their positions in the company. Millstone Evans Group LLC acquired a new stake in shares of InvenTrust Properties in the fourth quarter valued at approximately $27,000. Avalon Trust Co acquired a new stake in InvenTrust Properties during the 1st quarter worth $36,000. GF Fund Management CO. LTD. acquired a new stake in InvenTrust Properties during the 4th quarter worth $42,000. Bernard Wealth Management Corp. purchased a new position in InvenTrust Properties during the 4th quarter worth $50,000. Finally, Quarry LP acquired a new position in InvenTrust Properties in the fourth quarter valued at $53,000. Hedge funds and other institutional investors own 61.70% of the company's stock.

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.