InvenTrust Properties (NYSE:IVT) Lowered to "Sell" Rating by Wall Street Zen

Key Points

• Wall Street Zen downgraded InvenTrust Properties (NYSE:IVT) from a hold to a sell rating, even as other analysts remain more constructive on the stock.
• Recent analyst sentiment is mixed but generally positive overall: Wells Fargo, KeyCorp, and Weiss Ratings have bullish views, while JPMorgan is neutral. MarketBeat data shows a Moderate Buy consensus with an average target price of $33.20.
• InvenTrust recently beat quarterly expectations, reporting $0.07 EPS on revenue of $82.58 million, and the stock opened at $31.38 with a market cap of about $2.45 billion.

InvenTrust Properties (NYSE:IVT - Get Free Report) was downgraded by stock analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a research note issued on Saturday.

Several other research analysts have also weighed in on IVT. Wells Fargo & Company increased their price objective on InvenTrust Properties from $33.00 to $34.00 and gave the stock an "overweight" rating in a research report on Thursday, March 19th. KeyCorp assumed coverage on InvenTrust Properties in a research report on Friday, March 6th. They issued an "overweight" rating and a $35.00 price objective for the company. Weiss Ratings reiterated a "buy (b)" rating on shares of InvenTrust Properties in a research report on Wednesday. Finally, JPMorgan Chase & Co. increased their price objective on InvenTrust Properties from $31.00 to $33.00 and gave the stock a "hold neutral" rating in a research report on Wednesday. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $33.20.

InvenTrust Properties Price Performance

IVT stock opened at $31.38 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.46 and a quick ratio of 1.46. The business has a 50 day simple moving average of $31.45 and a 200-day simple moving average of $29.74. The firm has a market capitalization of $2.45 billion, a PE ratio of 22.25, a price-to-earnings-growth ratio of 2.61 and a beta of 0.80. InvenTrust Properties has a 1 year low of $26.52 and a 1 year high of $33.19.

InvenTrust Properties (NYSE:IVT - Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.06 by $0.01. The business had revenue of $82.58 million during the quarter, compared to analyst estimates of $78.79 million. InvenTrust Properties had a return on equity of 6.10% and a net margin of 35.66%.InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. Equities research analysts anticipate that InvenTrust Properties will post 1.97 earnings per share for the current fiscal year.

Institutional Trading of InvenTrust Properties

A number of hedge funds and other institutional investors have recently bought and sold shares of IVT. Cassaday & Co Wealth Management LLC acquired a new stake in InvenTrust Properties in the first quarter valued at $29,000. EverSource Wealth Advisors LLC raised its stake in InvenTrust Properties by 44.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company's stock valued at $38,000 after buying an additional 418 shares in the last quarter. Global Retirement Partners LLC raised its stake in InvenTrust Properties by 82.3% in the fourth quarter. Global Retirement Partners LLC now owns 1,376 shares of the company's stock valued at $39,000 after buying an additional 621 shares in the last quarter. Avalon Trust Co acquired a new stake in InvenTrust Properties in the third quarter valued at $43,000. Finally, Danske Bank A S raised its stake in InvenTrust Properties by 220.0% in the fourth quarter. Danske Bank A S now owns 1,600 shares of the company's stock valued at $45,000 after buying an additional 1,100 shares in the last quarter. 61.70% of the stock is currently owned by institutional investors and hedge funds.

About InvenTrust Properties

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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