InvenTrust Properties (NYSE:IVT) Reaches New 12-Month High – Should You Buy?

InvenTrust Properties Corp. (NYSE:IVT) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $33.25 and last traded at $33.18, with a volume of 11335 shares traded. The stock had previously closed at $32.89.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on IVT shares. Weiss Ratings raised InvenTrust Properties from a “buy (b)” rating to a “buy (b+)” rating in a research report on Wednesday, May 20th. JPMorgan Chase & Co. boosted their price target on InvenTrust Properties from $31.00 to $33.00 and gave the stock a “hold neutral” rating in a research report on Wednesday, May 6th. Wells Fargo & Company reissued an “overweight” rating and issued a $36.00 price target (up from $34.00) on shares of InvenTrust Properties in a research report on Tuesday. KeyCorp started coverage on InvenTrust Properties in a research report on Friday, March 6th. They issued an “overweight” rating and a $35.00 price target for the company. Finally, Wall Street Zen lowered InvenTrust Properties from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $33.60.

InvenTrust Properties Trading Up 0.5%

The company has a 50 day moving average of $31.65 and a two-hundred day moving average of $30.05. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.46 and a current ratio of 1.46. The stock has a market capitalization of $2.58 billion, a PE ratio of 23.45, a P/E/G ratio of 2.69 and a beta of 0.80.

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

InvenTrust Properties Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a dividend of $0.25 per share. This is a positive change from InvenTrust Properties’s previous quarterly dividend of $0.24. The ex-dividend date was Tuesday, March 31st. This represents a $1.00 annualized dividend and a yield of 3.0%. InvenTrust Properties’s dividend payout ratio (DPR) is presently 70.92%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE grew its stake in InvenTrust Properties by 27.9% during the 1st quarter. Bank of America Corp DE now owns 244,896 shares of the company’s stock valued at $7,460,000 after purchasing an additional 53,425 shares during the last quarter. Amundi grew its stake in InvenTrust Properties by 0.9% during the 1st quarter. Amundi now owns 44,139 shares of the company’s stock valued at $1,344,000 after purchasing an additional 392 shares during the last quarter. Quantinno Capital Management LP grew its stake in InvenTrust Properties by 264.2% during the 1st quarter. Quantinno Capital Management LP now owns 95,087 shares of the company’s stock valued at $2,896,000 after purchasing an additional 68,976 shares during the last quarter. SummitTX Capital L.P. grew its stake in InvenTrust Properties by 11.9% during the 1st quarter. SummitTX Capital L.P. now owns 124,750 shares of the company’s stock valued at $3,800,000 after purchasing an additional 13,302 shares during the last quarter. Finally, Entropy Technologies LP grew its stake in InvenTrust Properties by 145.5% during the 1st quarter. Entropy Technologies LP now owns 25,272 shares of the company’s stock valued at $770,000 after purchasing an additional 14,976 shares during the last quarter. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

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.