Calton & Associates Inc. bought a new position in InvenTrust Properties Corp. (NYSE:IVT - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 30,611 shares of the company's stock, valued at approximately $776,000.
A number of other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of InvenTrust Properties by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 9,536,627 shares of the company's stock worth $227,067,000 after purchasing an additional 32,500 shares during the period. Principal Financial Group Inc. boosted its position in InvenTrust Properties by 2.0% during the 3rd quarter. Principal Financial Group Inc. now owns 2,666,130 shares of the company's stock valued at $63,480,000 after acquiring an additional 51,106 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of InvenTrust Properties by 2.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 874,699 shares of the company's stock valued at $22,165,000 after acquiring an additional 16,760 shares during the period. Northern Trust Corp raised its position in shares of InvenTrust Properties by 1.6% in the 3rd quarter. Northern Trust Corp now owns 829,420 shares of the company's stock worth $19,748,000 after acquiring an additional 13,115 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp lifted its stake in shares of InvenTrust Properties by 6.1% during the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 677,372 shares of the company's stock worth $16,128,000 after purchasing an additional 38,787 shares during the last quarter. 61.70% of the stock is owned by hedge funds and other institutional investors.
InvenTrust Properties Stock Down 0.6 %
IVT traded down $0.14 on Friday, hitting $25.03. The company had a trading volume of 705,379 shares, compared to its average volume of 274,777. The stock has a market capitalization of $1.70 billion, a price-to-earnings ratio of 250.30, a P/E/G ratio of 4.39 and a beta of 1.03. The stock has a fifty day moving average price of $24.92 and a 200-day moving average price of $25.08. InvenTrust Properties Corp. has a 12-month low of $20.76 and a 12-month high of $27.25. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.38 and a current ratio of 2.38.
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 $0.226 dividend. This represents a $0.90 annualized dividend and a yield of 3.61%. This is an increase from InvenTrust Properties's previous quarterly dividend of $0.22. The ex-dividend date was Wednesday, March 27th. InvenTrust Properties's dividend payout ratio (DPR) is 900.00%.
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.
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