Moran Wealth Management LLC Sells 15,939 Shares of InvenTrust Properties Corp. $IVT

Moran Wealth Management LLC cut its position in InvenTrust Properties Corp. (NYSE:IVT) by 29.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,365 shares of the company’s stock after selling 15,939 shares during the period. Moran Wealth Management LLC’s holdings in InvenTrust Properties were worth $1,138,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in IVT. EverSource Wealth Advisors LLC boosted its holdings in InvenTrust Properties by 44.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock worth $38,000 after acquiring an additional 418 shares in the last quarter. Lazard Asset Management LLC grew its stake in InvenTrust Properties by 1.0% in the second quarter. Lazard Asset Management LLC now owns 47,391 shares of the company’s stock valued at $1,298,000 after acquiring an additional 465 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of InvenTrust Properties by 33.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,269 shares of the company’s stock valued at $64,000 after acquiring an additional 570 shares in the last quarter. International Assets Investment Management LLC increased its holdings in shares of InvenTrust Properties by 7.5% during the fourth quarter. International Assets Investment Management LLC now owns 8,138 shares of the company’s stock valued at $230,000 after acquiring an additional 571 shares in the last quarter. Finally, Global Retirement Partners LLC raised its position in shares of 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 purchasing an additional 621 shares during the period. 61.70% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on IVT. Wall Street Zen raised shares of InvenTrust Properties from a “sell” rating to a “hold” rating in a research report on Saturday, June 27th. Weiss Ratings downgraded shares of InvenTrust Properties from a “buy (a-)” rating to a “buy (b)” rating in a report on Wednesday, July 1st. JPMorgan Chase & Co. raised their price objective on shares of InvenTrust Properties from $31.00 to $33.00 and gave the company a “hold neutral” rating in a research note on Wednesday, May 6th. Bank of America lifted their price objective on shares of InvenTrust Properties from $37.00 to $38.00 and gave the company a “buy” rating in a report on Monday, June 29th. Finally, BTIG Research restated a “buy” rating and issued a $37.00 target price on shares of InvenTrust Properties in a report on Friday, June 12th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $34.71.

InvenTrust Properties Stock Up 1.5%

NYSE IVT traded up $0.51 on Tuesday, reaching $35.82. The company had a trading volume of 34,037 shares, compared to its average volume of 693,287. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.54. The company’s fifty day moving average is $33.46 and its 200 day moving average is $31.36. InvenTrust Properties Corp. has a 52-week low of $26.52 and a 52-week high of $36.27. The stock has a market capitalization of $2.79 billion, a P/E ratio of 25.37, a P/E/G ratio of 2.91 and a beta of 0.78.

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

InvenTrust Properties Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.00 annualized dividend and a dividend yield of 2.8%. InvenTrust Properties’s dividend payout ratio (DPR) 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.