InvenTrust Properties Corp. (NYSE:IVT) Shares Purchased by Schonfeld Strategic Advisors LLC

Schonfeld Strategic Advisors LLC grew its holdings in InvenTrust Properties Corp. (NYSE:IVT - Free Report) by 2,006.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 229,560 shares of the company's stock after buying an additional 218,660 shares during the quarter. Schonfeld Strategic Advisors LLC owned 0.30% of InvenTrust Properties worth $6,917,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Millstone Evans Group LLC purchased a new stake in shares of InvenTrust Properties in the fourth quarter valued at approximately $27,000. Bernard Wealth Management Corp. acquired a new position in InvenTrust Properties during the fourth quarter worth $50,000. Quarry LP acquired a new stake in shares of InvenTrust Properties in the 4th quarter worth $53,000. Jones Financial Companies Lllp increased its stake in shares of InvenTrust Properties by 123.3% in the 4th quarter. Jones Financial Companies Lllp now owns 1,858 shares of the company's stock worth $56,000 after acquiring an additional 1,026 shares during the last quarter. Finally, NewEdge Advisors LLC raised its holdings in shares of InvenTrust Properties by 29.4% during the 4th quarter. NewEdge Advisors LLC now owns 2,046 shares of the company's stock worth $62,000 after acquiring an additional 465 shares during the period. 61.70% of the stock is owned by institutional investors and hedge funds.

InvenTrust Properties Trading Up 0.4 %

InvenTrust Properties stock traded up $0.13 during midday trading on Wednesday, reaching $28.10. 68,016 shares of the stock traded hands, compared to its average volume of 416,400. The firm has a market cap of $2.18 billion, a PE ratio of 155.89, a price-to-earnings-growth ratio of 3.34 and a beta of 0.93. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 0.42. The company has a 50-day simple moving average of $28.26 and a two-hundred day simple moving average of $29.42. InvenTrust Properties Corp. has a 12-month low of $23.69 and a 12-month high of $31.65.

InvenTrust Properties (NYSE:IVT - Get Free Report) last announced its quarterly earnings data on Tuesday, February 11th. The company reported $0.43 earnings per share for the quarter, beating analysts' consensus estimates of $0.04 by $0.39. InvenTrust Properties had a net margin of 4.99% and a return on equity of 0.83%. Research analysts expect that InvenTrust Properties Corp. will post 1.79 earnings per share for the current fiscal year.

InvenTrust Properties Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a $0.2376 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.95 dividend on an annualized basis and a yield of 3.38%. This is a positive change from InvenTrust Properties's previous quarterly dividend of $0.23. InvenTrust Properties's dividend payout ratio (DPR) is currently 413.04%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. BTIG Research began coverage on shares of InvenTrust Properties in a research report on Monday, April 28th. They set a "buy" rating and a $31.00 price objective for the company. Wells Fargo & Company reduced their price target on shares of InvenTrust Properties from $33.00 to $32.00 and set an "overweight" rating on the stock in a research report on Wednesday, March 26th. Finally, Wolfe Research started coverage on InvenTrust Properties in a research report on Thursday, March 20th. They issued a "peer perform" rating for the company. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, InvenTrust Properties presently has a consensus rating of "Moderate Buy" and a consensus price target of $31.80.

InvenTrust Properties Company Profile

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.