InvenTrust Properties (NYSE:IVT) Upgraded to “Hold” at Wall Street Zen

Wall Street Zen upgraded shares of InvenTrust Properties (NYSE:IVT) from a sell rating to a hold rating in a research note published on Saturday.

Several other equities analysts also recently weighed in on the company. Weiss Ratings reissued a “buy (b)” rating on shares of InvenTrust Properties in a research report on Monday, December 29th. Jefferies Financial Group restated a “buy” rating and issued a $33.00 price objective (up from $32.00) on shares of InvenTrust Properties in a research report on Monday, December 15th. Finally, KeyCorp initiated coverage on InvenTrust Properties in a research note on Friday. They set an “overweight” rating and a $35.00 price objective on the stock. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $32.17.

InvenTrust Properties Stock Down 0.4%

Shares of NYSE IVT opened at $31.09 on Friday. The firm’s 50-day moving average is $29.71 and its two-hundred day moving average is $28.98. The company has a market capitalization of $2.42 billion, a PE ratio of 21.74, a price-to-earnings-growth ratio of 2.91 and a beta of 0.84. InvenTrust Properties has a 12-month low of $25.21 and a 12-month high of $31.91. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.17 and a quick ratio of 1.17.

InvenTrust Properties (NYSE:IVT) last issued 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 return on equity of 6.22% and a net margin of 37.24%.The business had revenue of $77.38 million for the quarter, compared to analysts’ expectations of $76.23 million. InvenTrust Properties has set its FY 2026 guidance at 1.910-1.950 EPS. Equities analysts anticipate that InvenTrust Properties will post 1.79 EPS for the current fiscal year.

InvenTrust Properties Dividend Announcement

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

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in IVT. Loomis Sayles & Co. L P acquired a new stake in shares of InvenTrust Properties during the second quarter worth $26,000. Heritage Wealth Advisors acquired a new position in InvenTrust Properties in the second quarter valued at $34,000. EverSource Wealth Advisors LLC increased its stake in InvenTrust Properties by 44.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock valued at $38,000 after purchasing an additional 418 shares during the last quarter. Global Retirement Partners LLC lifted its position in InvenTrust Properties by 82.3% during the fourth quarter. Global Retirement Partners LLC now owns 1,376 shares of the company’s stock worth $39,000 after buying an additional 621 shares during the period. Finally, Avalon Trust Co acquired a new stake in InvenTrust Properties in the 3rd quarter worth about $43,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

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.