Independent Financial Group LLC Buys Shares of 19,626 InvenTrust Properties Corp. $IVT

Independent Financial Group LLC bought a new stake in shares of InvenTrust Properties Corp. (NYSE:IVT) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 19,626 shares of the company’s stock, valued at approximately $598,000.

Other large investors also recently modified their holdings of the company. Comerica Bank lifted its stake in InvenTrust Properties by 80.5% in the first quarter. Comerica Bank now owns 2,245 shares of the company’s stock valued at $66,000 after purchasing an additional 1,001 shares during the last quarter. Amundi increased its position in InvenTrust Properties by 9.8% in the first quarter. Amundi now owns 45,205 shares of the company’s stock worth $1,268,000 after buying an additional 4,018 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of InvenTrust Properties by 29.3% in the first quarter. AQR Capital Management LLC now owns 10,282 shares of the company’s stock valued at $302,000 after buying an additional 2,331 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of InvenTrust Properties by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,121 shares of the company’s stock valued at $1,355,000 after buying an additional 2,014 shares during the period. Finally, Goldman Sachs Group Inc. raised its stake in shares of InvenTrust Properties by 66.0% in the first quarter. Goldman Sachs Group Inc. now owns 695,263 shares of the company’s stock valued at $20,420,000 after buying an additional 276,474 shares during the period. Hedge funds and other institutional investors own 61.70% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on IVT. Jefferies Financial Group upgraded InvenTrust Properties to a “strong-buy” rating in a research note on Friday, June 26th. JPMorgan Chase & Co. boosted their price objective on InvenTrust Properties from $31.00 to $33.00 and gave the company a “hold neutral” rating in a research note on Wednesday, May 6th. Wall Street Zen downgraded shares of InvenTrust Properties from a “hold” rating to a “sell” rating in a report on Saturday, July 18th. Bank of America increased their target price 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. Finally, Wells Fargo & Company reiterated an “overweight” rating and issued a $36.00 target price (up from $34.00) on shares of InvenTrust Properties in a research note on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $34.71.

InvenTrust Properties Trading Down 1.0%

NYSE:IVT opened at $36.12 on Thursday. The company has a market cap of $2.82 billion, a P/E ratio of 25.62, a P/E/G ratio of 2.99 and a beta of 0.78. The stock’s fifty day moving average price is $34.42 and its two-hundred day moving average price is $31.98. InvenTrust Properties Corp. has a 1 year low of $26.81 and a 1 year high of $37.22. 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 posted its quarterly 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 analyst estimates 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. As a group, analysts expect that InvenTrust Properties Corp. will post 1.99 EPS for the current year.

InvenTrust Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.25 per share. The ex-dividend date was Tuesday, June 30th. This represents a $1.00 annualized dividend and a dividend yield of 2.8%. InvenTrust Properties’s dividend payout ratio is currently 70.92%.

InvenTrust Properties Company Profile

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.