Nebula Research & Development LLC Lowers Position in InvenTrust Properties Corp. (NYSE:IVT)

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.

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.