Aberdeen Group plc Buys 111,695 Shares of InvenTrust Properties Corp. $IVT

Aberdeen Group plc increased its stake in InvenTrust Properties Corp. (NYSE:IVT) by 25.5% in the 3rd quarter, Holdings Channel reports. The fund owned 549,136 shares of the company’s stock after buying an additional 111,695 shares during the quarter. Aberdeen Group plc’s holdings in InvenTrust Properties were worth $15,799,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in IVT. Vision Capital Corp boosted its holdings in shares of InvenTrust Properties by 182.7% in the 2nd quarter. Vision Capital Corp now owns 989,472 shares of the company’s stock worth $27,112,000 after purchasing an additional 639,472 shares in the last quarter. Balyasny Asset Management L.P. lifted its position in InvenTrust Properties by 111.1% in the 2nd quarter. Balyasny Asset Management L.P. now owns 968,157 shares of the company’s stock worth $26,528,000 after buying an additional 509,518 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in InvenTrust Properties by 443.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 586,825 shares of the company’s stock worth $17,235,000 after buying an additional 478,887 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in InvenTrust Properties by 66.0% in the first quarter. Goldman Sachs Group Inc. now owns 695,263 shares of the company’s stock worth $20,420,000 after buying an additional 276,474 shares in the last quarter. Finally, Marshall Wace LLP bought a new position in InvenTrust Properties during the second quarter valued at approximately $3,702,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Wall Street Zen lowered shares of InvenTrust Properties from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. Jefferies Financial Group reissued a “buy” rating and issued a $33.00 price target (up from $32.00) on shares of InvenTrust Properties in a research note on Monday, December 15th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of InvenTrust Properties in a research report on Monday, December 29th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $31.60.

InvenTrust Properties Trading Down 1.6%

Shares of IVT opened at $30.60 on Thursday. The stock has a market capitalization of $2.38 billion, a P/E ratio of 21.40, a PEG ratio of 3.11 and a beta of 0.86. InvenTrust Properties Corp. has a twelve month low of $25.21 and a twelve month high of $31.50. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.46. The firm has a fifty day simple moving average of $29.18 and a two-hundred day simple moving average of $28.70.

InvenTrust Properties (NYSE:IVT) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.42). The firm had revenue of $77.38 million during the quarter, compared to analysts’ expectations of $76.23 million. InvenTrust Properties had a net margin of 37.24% and a return on equity of 6.22%. InvenTrust Properties has set its FY 2026 guidance at 1.910-1.950 EPS. On average, research analysts anticipate that InvenTrust Properties Corp. will post 1.79 EPS for the current year.

InvenTrust Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Tuesday, December 30th were issued a $0.2377 dividend. The ex-dividend date was Tuesday, December 30th. This represents a $0.95 annualized dividend and a yield of 3.1%. InvenTrust Properties’s dividend payout ratio (DPR) is 66.43%.

InvenTrust Properties 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.