Barclays PLC Boosts Stock Holdings in InvenTrust Properties Corp. (NYSE:IVT)

Barclays PLC grew its position in shares of InvenTrust Properties Corp. (NYSE:IVT - Free Report) by 24.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 135,879 shares of the company's stock after purchasing an additional 26,852 shares during the quarter. Barclays PLC owned about 0.18% of InvenTrust Properties worth $4,094,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in IVT. JPMorgan Chase & Co. raised its holdings in shares of InvenTrust Properties by 6.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 552,774 shares of the company's stock worth $15,682,000 after acquiring an additional 35,428 shares during the last quarter. Entropy Technologies LP bought a new stake in shares of InvenTrust Properties during the 4th quarter worth $536,000. New Age Alpha Advisors LLC purchased a new stake in InvenTrust Properties during the fourth quarter worth about $848,000. Rhumbline Advisers increased its position in InvenTrust Properties by 11.2% in the fourth quarter. Rhumbline Advisers now owns 135,797 shares of the company's stock worth $4,092,000 after buying an additional 13,722 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in InvenTrust Properties by 8.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,278,033 shares of the company's stock worth $38,507,000 after purchasing an additional 98,366 shares during the period. 61.70% of the stock is owned by institutional investors.

InvenTrust Properties Trading Up 0.0 %

IVT traded up $0.00 on Friday, hitting $28.18. 49,480 shares of the company were exchanged, compared to its average volume of 416,330. The stock has a market capitalization of $2.18 billion, a PE ratio of 156.70, a price-to-earnings-growth ratio of 3.34 and a beta of 0.93. InvenTrust Properties Corp. has a 12 month low of $23.69 and a 12 month high of $31.65. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.99 and a current ratio of 1.99. The firm has a fifty day simple moving average of $28.34 and a two-hundred day simple moving average of $29.45.

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

InvenTrust Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a dividend of $0.2376 per share. This represents a $0.95 annualized dividend and a yield of 3.37%. This is an increase from InvenTrust Properties's previous quarterly dividend of $0.23. The ex-dividend date was Monday, March 31st. InvenTrust Properties's dividend payout ratio is 527.78%.

Analyst Ratings Changes

A number of research firms recently issued reports on IVT. BTIG Research assumed coverage on InvenTrust Properties in a research note on Monday. They set a "buy" rating and a $31.00 price objective on the stock. Wells Fargo & Company dropped their price objective on shares of InvenTrust Properties from $33.00 to $32.00 and set an "overweight" rating for the company in a report on Wednesday, March 26th. Wolfe Research started coverage on InvenTrust Properties in a report on Thursday, March 20th. They set a "peer perform" rating on the stock. Finally, Jefferies Financial Group upgraded shares of InvenTrust Properties from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $33.00 to $34.00 in a report on Thursday, January 2nd. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $31.80.

InvenTrust Properties 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.