InvenTrust Properties Corp. (NYSE:IVT) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of InvenTrust Properties Corp. (NYSE:IVT) have been assigned an average rating of “Moderate Buy” from the seven analysts that are covering the company, MarketBeat reports. Two analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $35.14.

IVT has been the topic of a number of research reports. Jefferies Financial Group raised shares of InvenTrust Properties to a “strong-buy” rating in a research report on Friday, June 26th. Bank of America upped their price target on shares of InvenTrust Properties from $37.00 to $38.00 and gave the stock a “buy” rating in a research report on Monday, June 29th. Truist Financial set a $32.00 price objective on shares of InvenTrust Properties and gave the company a “hold” rating in a research note on Thursday. Wall Street Zen lowered shares of InvenTrust Properties from a “hold” rating to a “sell” rating in a report on Saturday, July 18th. Finally, Weiss Ratings downgraded shares of InvenTrust Properties from a “buy (b)” rating to a “hold (c)” rating in a research note on Thursday, August 13th.

InvenTrust Properties Trading Down 2.0%

Shares of NYSE IVT opened at $29.81 on Thursday. InvenTrust Properties has a twelve month low of $26.81 and a twelve month high of $37.22. The firm has a market cap of $2.32 billion, a PE ratio of 149.03, a price-to-earnings-growth ratio of 2.47 and a beta of 0.77. The business has a fifty day simple moving average of $32.43 and a two-hundred day simple moving average of $32.96. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 0.62.

InvenTrust Properties (NYSE:IVT) last posted its quarterly earnings results on Monday, August 3rd. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). The firm had revenue of $82.83 million for the quarter, compared to the consensus estimate of $82.44 million. InvenTrust Properties had a return on equity of 0.85% and a net margin of 4.80%.InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. Analysts expect that InvenTrust Properties will post 1.95 earnings per share for the current fiscal year.

InvenTrust Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a $0.25 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.4%. InvenTrust Properties’s dividend payout ratio (DPR) is currently 500.00%.

Institutional Investors Weigh In On InvenTrust Properties

Institutional investors have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio purchased a new stake in InvenTrust Properties during the second quarter valued at approximately $3,209,000. Sei Investments Co. grew its holdings in InvenTrust Properties by 61.7% in the first quarter. Sei Investments Co. now owns 106,373 shares of the company’s stock worth $3,240,000 after purchasing an additional 40,600 shares during the last quarter. Quantinno Capital Management LP grew its holdings in InvenTrust Properties by 264.2% in the first quarter. Quantinno Capital Management LP now owns 95,087 shares of the company’s stock worth $2,896,000 after purchasing an additional 68,976 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of InvenTrust Properties during the second quarter worth $4,006,000. Finally, Wellington Management Group LLP increased its position in shares of InvenTrust Properties by 1,843.1% during the second quarter. Wellington Management Group LLP now owns 647,037 shares of the company’s stock worth $22,905,000 after purchasing an additional 613,738 shares in the last quarter. Institutional investors own 61.70% of the company’s stock.

About InvenTrust Properties

InvenTrust Properties Corp. (NYSE: IVT) is a self-managed real estate investment trust that owns, manages and develops open-air, grocery-anchored shopping centers. Its properties are designed to serve everyday consumer needs and typically include supermarkets, restaurants, pharmacies, fitness operators, service providers and other essential retailers.

The company focuses primarily on high-growth markets across the Sun Belt, with properties in communities throughout the Southern and Western United States.