GSI Capital Advisors LLC Buys 73,454 Shares of InvenTrust Properties Corp. $IVT

GSI Capital Advisors LLC grew its stake in shares of InvenTrust Properties Corp. (NYSE:IVT) by 91.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 153,441 shares of the company’s stock after buying an additional 73,454 shares during the period. InvenTrust Properties makes up 2.4% of GSI Capital Advisors LLC’s portfolio, making the stock its 18th biggest position. GSI Capital Advisors LLC’s holdings in InvenTrust Properties were worth $4,329,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Principal Financial Group Inc. boosted its holdings in InvenTrust Properties by 30.8% during the fourth quarter. Principal Financial Group Inc. now owns 6,189,709 shares of the company’s stock worth $174,612,000 after buying an additional 1,456,918 shares during the last quarter. Centersquare Investment Management LLC boosted its holdings in InvenTrust Properties by 600.3% during the fourth quarter. Centersquare Investment Management LLC now owns 1,287,805 shares of the company’s stock worth $36,329,000 after buying an additional 1,103,911 shares during the last quarter. Vision Capital Corp boosted its holdings in InvenTrust Properties by 11.8% during the third quarter. Vision Capital Corp now owns 1,105,874 shares of the company’s stock worth $31,650,000 after buying an additional 116,402 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in InvenTrust Properties by 5.1% during the third quarter. Dimensional Fund Advisors LP now owns 1,008,310 shares of the company’s stock worth $28,858,000 after buying an additional 49,336 shares during the last quarter. Finally, Balyasny Asset Management L.P. boosted its holdings in InvenTrust Properties by 111.1% during the second 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. Institutional investors own 61.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on IVT shares. KeyCorp began coverage on InvenTrust Properties in a report on Friday, March 6th. They set an “overweight” rating and a $35.00 target price on the stock. JPMorgan Chase & Co. lifted their price objective on InvenTrust Properties from $31.00 to $33.00 and gave the company a “hold neutral” rating in a report on Wednesday, May 6th. Bank of America lifted their price objective on InvenTrust Properties from $36.00 to $37.00 and gave the company a “buy” rating in a report on Friday, May 29th. Wells Fargo & Company reiterated an “overweight” rating and set a $36.00 price objective (up from $34.00) on shares of InvenTrust Properties in a report on Tuesday, May 26th. Finally, Weiss Ratings cut InvenTrust Properties from a “buy (b+)” rating to a “buy (b)” rating in a report on Wednesday, June 3rd. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $34.17.

InvenTrust Properties Trading Up 0.6%

NYSE:IVT opened at $34.98 on Friday. InvenTrust Properties Corp. has a fifty-two week low of $26.52 and a fifty-two week high of $35.54. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.46 and a quick ratio of 1.46. The stock has a market capitalization of $2.73 billion, a PE ratio of 24.81, a price-to-earnings-growth ratio of 2.84 and a beta of 0.80. The business’s 50-day simple moving average is $32.31 and its 200-day simple moving average is $30.57.

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

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.