Susquehanna Fundamental Investments LLC Buys Shares of 40,048 InvenTrust Properties Corp. (NYSE:IVT)

Susquehanna Fundamental Investments LLC purchased a new position in InvenTrust Properties Corp. (NYSE:IVT - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 40,048 shares of the company's stock, valued at approximately $1,207,000. Susquehanna Fundamental Investments LLC owned 0.05% of InvenTrust Properties at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Price T Rowe Associates Inc. MD lifted its position in InvenTrust Properties by 22.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 47,392 shares of the company's stock worth $1,428,000 after purchasing an additional 8,712 shares during the period. Dark Forest Capital Management LP bought a new position in InvenTrust Properties during the fourth quarter valued at about $571,000. Susquehanna International Group LLP boosted its stake in InvenTrust Properties by 127.2% during the fourth quarter. Susquehanna International Group LLP now owns 103,804 shares of the company's stock valued at $3,128,000 after buying an additional 58,122 shares in the last quarter. Hsbc Holdings PLC raised its position in InvenTrust Properties by 15.3% in the fourth quarter. Hsbc Holdings PLC now owns 102,096 shares of the company's stock worth $3,066,000 after acquiring an additional 13,570 shares in the last quarter. Finally, Vision Capital Corp bought a new stake in InvenTrust Properties in the fourth quarter worth about $2,698,000. 61.70% of the stock is currently owned by institutional investors.

InvenTrust Properties Trading Up 1.2 %

NYSE IVT opened at $28.20 on Friday. The firm's 50 day moving average price is $28.34 and its two-hundred day moving average price is $29.45. The stock has a market cap of $2.18 billion, a price-to-earnings ratio of 156.67, a PEG ratio of 3.34 and a beta of 0.93. InvenTrust Properties Corp. has a twelve month low of $23.69 and a twelve month high of $31.65. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.99 and a current ratio of 1.99.

InvenTrust Properties (NYSE:IVT - Get Free Report) last posted its quarterly earnings results on Tuesday, February 11th. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.39. InvenTrust Properties had a return on equity of 0.83% and a net margin of 4.99%. Equities analysts anticipate that InvenTrust Properties Corp. will post 1.79 EPS for the current year.

InvenTrust Properties Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a dividend of $0.2376 per share. This is a boost from InvenTrust Properties's previous quarterly dividend of $0.23. This represents a $0.95 annualized dividend and a dividend yield of 3.37%. The ex-dividend date of this dividend was Monday, March 31st. InvenTrust Properties's dividend payout ratio (DPR) is currently 527.78%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. BTIG Research started coverage on shares of InvenTrust Properties in a research note on Monday. They issued a "buy" rating and a $31.00 price objective on the stock. Jefferies Financial Group raised InvenTrust Properties from a "hold" rating to a "buy" rating and upped their price target for the company from $33.00 to $34.00 in a report on Thursday, January 2nd. Wolfe Research started coverage on InvenTrust Properties in a research note on Thursday, March 20th. They set a "peer perform" rating for the company. Finally, Wells Fargo & Company cut their target price on 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 equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $31.80.

InvenTrust Properties Company Profile

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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