InvenTrust Properties Corp. $IVT Shares Sold by Vision Capital Corp

Vision Capital Corp lessened its position in InvenTrust Properties Corp. (NYSE:IVT) by 8.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 1,017,381 shares of the company’s stock after selling 88,493 shares during the period. InvenTrust Properties makes up about 12.6% of Vision Capital Corp’s holdings, making the stock its 2nd largest position. Vision Capital Corp owned 1.31% of InvenTrust Properties worth $28,700,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in IVT. Comerica Bank grew its stake in InvenTrust Properties by 80.5% in the first quarter. Comerica Bank now owns 2,245 shares of the company’s stock valued at $66,000 after acquiring an additional 1,001 shares during the period. Amundi grew its stake in InvenTrust Properties by 9.8% in the first quarter. Amundi now owns 45,205 shares of the company’s stock valued at $1,268,000 after acquiring an additional 4,018 shares during the period. AQR Capital Management LLC grew its stake in InvenTrust Properties by 29.3% in the first quarter. AQR Capital Management LLC now owns 10,282 shares of the company’s stock valued at $302,000 after acquiring an additional 2,331 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in InvenTrust Properties by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,121 shares of the company’s stock valued at $1,355,000 after acquiring an additional 2,014 shares during the period. Finally, Goldman Sachs Group Inc. grew 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 valued at $20,420,000 after acquiring an additional 276,474 shares during the period. Institutional investors and hedge funds own 61.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on IVT shares. Wall Street Zen lowered InvenTrust Properties from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Bank of America raised their target price 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 restated an “overweight” rating and issued a $36.00 target price (up from $34.00) on shares of InvenTrust Properties in a report on Tuesday, May 26th. KeyCorp started coverage on InvenTrust Properties in a report on Friday, March 6th. They issued an “overweight” rating and a $35.00 target price on the stock. Finally, JPMorgan Chase & Co. raised their target price on InvenTrust Properties from $31.00 to $33.00 and gave the company a “hold neutral” rating in a report on Wednesday, May 6th. Six analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, InvenTrust Properties has a consensus rating of “Moderate Buy” and a consensus price target of $34.57.

InvenTrust Properties Stock Down 0.1%

IVT stock opened at $34.99 on Friday. The stock’s 50 day moving average is $32.40 and its 200-day moving average is $30.60. The firm has a market capitalization of $2.73 billion, a PE ratio of 24.81, a P/E/G ratio of 2.87 and a beta of 0.80. InvenTrust Properties Corp. has a twelve month low of $26.52 and a twelve month high of $35.54. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.54.

InvenTrust Properties (NYSE:IVT) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.01. The business had revenue of $82.58 million for the quarter, compared to analyst estimates of $78.79 million. InvenTrust Properties had a return on equity of 6.10% and a net margin of 35.66%.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 EPS for the current fiscal year.

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.