InvenTrust Properties (NYSE:IVT) Stock Rating Lowered by Wall Street Zen

InvenTrust Properties (NYSE:IVT) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Saturday.

A number of other analysts also recently issued reports on IVT. Bank of America raised their price target on InvenTrust Properties from $37.00 to $38.00 and gave the stock a “buy” rating in a research report on Monday, June 29th. BTIG Research reiterated a “buy” rating and set a $37.00 price objective on shares of InvenTrust Properties in a research report on Friday, June 12th. Weiss Ratings raised shares of InvenTrust Properties from a “buy (b)” rating to a “buy (b+)” rating in a research note on Wednesday. JPMorgan Chase & Co. increased their target price on shares of InvenTrust Properties from $31.00 to $33.00 and gave the company a “hold neutral” rating in a research note on Wednesday, May 6th. Finally, Jefferies Financial Group upgraded shares of InvenTrust Properties to a “strong-buy” rating in a report on Friday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, InvenTrust Properties currently has an average rating of “Buy” and an average target price of $34.71.

InvenTrust Properties Trading Down 0.0%

Shares of IVT stock opened at $36.72 on Friday. The company has a market cap of $2.86 billion, a PE ratio of 26.04, a price-to-earnings-growth ratio of 3.01 and a beta of 0.78. InvenTrust Properties has a 1 year low of $26.81 and a 1 year high of $37.22. The stock’s 50 day simple moving average is $34.11 and its two-hundred day simple moving average is $31.81. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.46 and a quick ratio of 1.46.

InvenTrust Properties (NYSE:IVT) last announced its earnings results on Tuesday, April 28th. The company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.01. The firm had revenue of $82.58 million during the quarter, compared to analysts’ expectations of $78.79 million. InvenTrust Properties had a return on equity of 6.10% and a net margin of 35.66%.InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. Research analysts predict that InvenTrust Properties will post 1.99 earnings per share for the current year.

Hedge Funds Weigh In On InvenTrust Properties

A number of large investors have recently bought and sold shares of IVT. Cassaday & Co Wealth Management LLC purchased a new stake in InvenTrust Properties in the first quarter worth $29,000. EverSource Wealth Advisors LLC boosted its stake in shares of InvenTrust Properties by 44.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock valued at $38,000 after purchasing an additional 418 shares during the period. Global Retirement Partners LLC boosted its stake in shares of InvenTrust Properties by 82.3% during the fourth quarter. Global Retirement Partners LLC now owns 1,376 shares of the company’s stock valued at $39,000 after purchasing an additional 621 shares during the period. Danske Bank A S grew its holdings in shares of InvenTrust Properties by 220.0% in the fourth quarter. Danske Bank A S now owns 1,600 shares of the company’s stock worth $45,000 after purchasing an additional 1,100 shares during the last quarter. Finally, Prosperity Bancshares Inc bought a new position in shares of InvenTrust Properties in the fourth quarter worth about $47,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

About InvenTrust Properties

InvenTrust Properties Corp is a self‐managed real estate investment trust specializing in suburban and urban retail real estate. Headquartered in Downers Grove, Illinois, the company focuses on the acquisition, leasing and management of open‐air shopping centers that serve everyday consumer needs.

The company’s portfolio is concentrated in neighborhood and community retail assets anchored by grocery stores, pharmacies and national service tenants. InvenTrust engages in active leasing strategies, property management services and selective development and redevelopment initiatives designed to enhance long‐term cash flow and tenant mix.

InvenTrust Properties was created in 2019 through the spin‐off of its predecessor, Inland Real Estate Investment Corp, and adopted its current name upon separation.