InvenTrust Properties (NYSE:IVT) Downgraded by Wall Street Zen to “Sell”

Wall Street Zen lowered shares of InvenTrust Properties (NYSE:IVT) from a hold rating to a sell rating in a research note issued to investors on Sunday.

Several other analysts have also commented on the company. KeyCorp started coverage on InvenTrust Properties in a report on Friday, March 6th. They issued an “overweight” rating and a $35.00 price objective on the stock. Jefferies Financial Group reaffirmed a “buy” rating and set a $33.00 target price (up from $32.00) on shares of InvenTrust Properties in a research note on Monday, December 15th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of InvenTrust Properties in a research report on Monday, December 29th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, InvenTrust Properties has an average rating of “Moderate Buy” and an average target price of $32.17.

InvenTrust Properties Trading Up 1.1%

Shares of NYSE:IVT opened at $31.22 on Friday. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.46. InvenTrust Properties has a 12-month low of $25.21 and a 12-month high of $31.91. The business has a 50 day moving average of $29.99 and a two-hundred day moving average of $29.04. The company has a market capitalization of $2.43 billion, a PE ratio of 21.83, a PEG ratio of 2.96 and a beta of 0.84.

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

Institutional Investors Weigh In On InvenTrust Properties

Several large investors have recently bought and sold shares of IVT. Principal Financial Group Inc. lifted its position in shares of InvenTrust Properties by 30.8% in the fourth quarter. Principal Financial Group Inc. now owns 6,189,709 shares of the company’s stock valued at $174,612,000 after acquiring an additional 1,456,918 shares in the last quarter. Centersquare Investment Management LLC raised its stake in InvenTrust Properties by 600.3% in the 4th quarter. Centersquare Investment Management LLC now owns 1,287,805 shares of the company’s stock valued at $36,329,000 after purchasing an additional 1,103,911 shares during the last quarter. Deprince Race & Zollo Inc. purchased a new position in InvenTrust Properties in the 4th quarter valued at $26,941,000. Hudson Bay Capital Management LP purchased a new position in InvenTrust Properties in the 3rd quarter valued at $23,581,000. Finally, Vision Capital Corp boosted its stake in InvenTrust Properties by 182.7% during 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 during the last quarter. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

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.