International Assets Investment Management LLC Purchases New Stake in InvenTrust Properties Corp. (NYSE:IVT)

International Assets Investment Management LLC purchased a new stake in InvenTrust Properties Corp. (NYSE:IVT - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 29,876 shares of the company's stock, valued at approximately $757,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Wolverine Asset Management LLC acquired a new position in shares of InvenTrust Properties in the 3rd quarter valued at about $30,000. McGlone Suttner Wealth Management Inc. acquired a new position in InvenTrust Properties during the 4th quarter valued at about $34,000. Quantbot Technologies LP boosted its stake in InvenTrust Properties by 8.0% during the 3rd quarter. Quantbot Technologies LP now owns 5,735 shares of the company's stock valued at $137,000 after purchasing an additional 425 shares during the period. VitalStone Financial LLC boosted its stake in InvenTrust Properties by 2,093.8% during the 3rd quarter. VitalStone Financial LLC now owns 7,020 shares of the company's stock valued at $172,000 after purchasing an additional 6,700 shares during the period. Finally, Allworth Financial LP boosted its stake in InvenTrust Properties by 9.6% during the 3rd quarter. Allworth Financial LP now owns 7,499 shares of the company's stock valued at $179,000 after purchasing an additional 657 shares during the period. 61.70% of the stock is owned by institutional investors and hedge funds.

InvenTrust Properties Stock Performance

InvenTrust Properties stock traded down $0.06 during midday trading on Wednesday, reaching $25.43. 252,097 shares of the stock traded hands, compared to its average volume of 335,252. The company has a current ratio of 2.28, a quick ratio of 2.28 and a debt-to-equity ratio of 0.52. The firm has a fifty day moving average price of $24.95 and a two-hundred day moving average price of $25.06. The firm has a market cap of $1.72 billion, a price-to-earnings ratio of 317.91, a PEG ratio of 4.27 and a beta of 1.04. InvenTrust Properties Corp. has a fifty-two week low of $20.76 and a fifty-two week high of $27.25.

InvenTrust Properties Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Sunday, March 31st were paid a dividend of $0.226 per share. This represents a $0.90 dividend on an annualized basis and a yield of 3.55%. This is a positive change from InvenTrust Properties's previous quarterly dividend of $0.22. The ex-dividend date was Wednesday, March 27th. InvenTrust Properties's payout ratio is presently 1,125.14%.

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.