InvenTrust Properties Corp. (NYSE:IVT – Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $32.63 and last traded at $31.64, with a volume of 41060 shares changing hands. The stock had previously closed at $31.24.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on the stock. KeyCorp began coverage on shares of InvenTrust Properties in a research report on Friday, March 6th. They issued an “overweight” rating and a $35.00 price target on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of InvenTrust Properties in a research report on Monday, December 29th. Wall Street Zen cut shares of InvenTrust Properties from a “hold” rating to a “sell” rating in a research note on Sunday. Finally, Jefferies Financial Group restated a “buy” rating and issued a $33.00 target price (up from $32.00) on shares of InvenTrust Properties in a report on Monday, December 15th. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, InvenTrust Properties presently has a consensus rating of “Moderate Buy” and a consensus price target of $32.17.
Read Our Latest Stock Report on InvenTrust Properties
InvenTrust Properties Stock Performance
InvenTrust Properties (NYSE:IVT – Get Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.42). InvenTrust Properties had a net margin of 37.24% and a return on equity of 6.22%. The firm had revenue of $77.38 million for the quarter, compared to the consensus estimate of $76.23 million. InvenTrust Properties has set its FY 2026 guidance at 1.910-1.950 EPS. On average, sell-side analysts anticipate that InvenTrust Properties Corp. will post 1.79 EPS for the current year.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the business. Loomis Sayles & Co. L P bought a new stake in shares of InvenTrust Properties during the 2nd quarter worth approximately $26,000. Heritage Wealth Advisors purchased a new stake in InvenTrust Properties in the second quarter worth $34,000. EverSource Wealth Advisors LLC lifted its position 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 worth $38,000 after purchasing an additional 418 shares during the last quarter. 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. Finally, Avalon Trust Co bought a new position in shares of InvenTrust Properties in the third quarter worth about $43,000. 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.
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