Nebula Research & Development LLC lowered its holdings in shares of InvenTrust Properties Corp. (NYSE:IVT - Free Report) by 73.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,665 shares of the company's stock after selling 21,646 shares during the quarter. Nebula Research & Development LLC's holdings in InvenTrust Properties were worth $231,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also recently made changes to their positions in the company. Barclays PLC grew its position in InvenTrust Properties by 285.3% in the third quarter. Barclays PLC now owns 109,027 shares of the company's stock worth $3,093,000 after acquiring an additional 80,728 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of InvenTrust Properties by 21.9% in the 3rd quarter. Principal Financial Group Inc. now owns 4,117,296 shares of the company's stock worth $116,808,000 after purchasing an additional 738,784 shares during the period. JPMorgan Chase & Co. boosted 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 purchasing an additional 35,428 shares during the period. Harbor Capital Advisors Inc. increased its position in shares of InvenTrust Properties by 8.7% during the 4th quarter. Harbor Capital Advisors Inc. now owns 47,329 shares of the company's stock valued at $1,426,000 after purchasing an additional 3,783 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in InvenTrust Properties by 12.3% during the 4th quarter. Geneos Wealth Management Inc. now owns 17,416 shares of the company's stock valued at $525,000 after buying an additional 1,910 shares during the period. 61.70% of the stock is currently owned by institutional investors.
InvenTrust Properties Trading Up 0.1 %
Shares of NYSE:IVT traded up $0.02 on Wednesday, hitting $27.99. 56,777 shares of the company's stock were exchanged, compared to its average volume of 416,353. The business's 50 day simple moving average is $28.26 and its two-hundred day simple moving average is $29.42. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.99 and a quick ratio of 1.99. The stock has a market capitalization of $2.17 billion, a price-to-earnings ratio of 155.50, 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.
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%. Analysts anticipate that InvenTrust Properties Corp. will post 1.79 EPS for the current fiscal 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 paid a $0.2376 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.95 annualized dividend and a yield of 3.40%. This is a boost from InvenTrust Properties's previous quarterly dividend of $0.23. InvenTrust Properties's dividend payout ratio is 413.04%.
Analyst Ratings Changes
IVT has been the subject of several recent analyst 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. BTIG Research started coverage on shares of InvenTrust Properties in a research note on Monday, April 28th. They set a "buy" rating and a $31.00 price target for the company. Finally, Wells Fargo & Company reduced their price objective 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. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, InvenTrust Properties currently has a consensus rating of "Moderate Buy" and an average price target of $31.80.
Read Our Latest Report on IVT
About InvenTrust Properties
(
Free Report)
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.
Read More

Before you consider InvenTrust Properties, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and InvenTrust Properties wasn't on the list.
While InvenTrust Properties currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.