SG Americas Securities LLC Buys 145,845 Shares of InvenTrust Properties Corp. $IVT

SG Americas Securities LLC lifted its stake in shares of InvenTrust Properties Corp. (NYSE:IVT) by 64.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 373,157 shares of the company’s stock after purchasing an additional 145,845 shares during the quarter. SG Americas Securities LLC’s holdings in InvenTrust Properties were worth $11,366,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of IVT. EverSource Wealth Advisors LLC raised 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 in the last quarter. Lazard Asset Management LLC increased its holdings in InvenTrust Properties by 1.0% in the 2nd quarter. Lazard Asset Management LLC now owns 47,391 shares of the company’s stock valued at $1,298,000 after buying an additional 465 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its holdings in InvenTrust Properties by 33.5% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,269 shares of the company’s stock valued at $64,000 after buying an additional 570 shares during the period. International Assets Investment Management LLC raised its position in shares of InvenTrust Properties by 7.5% in the 4th quarter. International Assets Investment Management LLC now owns 8,138 shares of the company’s stock valued at $230,000 after buying an additional 571 shares in the last quarter. Finally, Global Retirement Partners LLC raised its position in shares of InvenTrust Properties by 82.3% in the 4th quarter. Global Retirement Partners LLC now owns 1,376 shares of the company’s stock valued at $39,000 after buying an additional 621 shares in the last quarter. Institutional investors and hedge funds own 61.70% of the company’s stock.

InvenTrust Properties Trading Up 0.9%

IVT opened at $36.20 on Friday. The company’s 50 day moving average is $33.09 and its 200-day moving average is $31.06. InvenTrust Properties Corp. has a 1-year low of $26.52 and a 1-year high of $36.27. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.54. The company has a market cap of $2.82 billion, a P/E ratio of 25.67, a PEG ratio of 2.94 and a beta of 0.80.

InvenTrust Properties (NYSE:IVT) last released 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 business had revenue of $82.58 million during the quarter, compared to analysts’ expectations 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. Equities research analysts predict that InvenTrust Properties Corp. will post 1.99 earnings per share for the current fiscal year.

InvenTrust Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.25 per share. The ex-dividend date is Tuesday, June 30th. This represents a $1.00 annualized dividend and a dividend yield of 2.8%. InvenTrust Properties’s dividend payout ratio is 70.92%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on IVT shares. JPMorgan Chase & Co. increased their price target on shares of InvenTrust Properties from $31.00 to $33.00 and gave the stock a “hold neutral” rating in a research report on Wednesday, May 6th. Bank of America upped their target price on InvenTrust Properties from $36.00 to $37.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Wells Fargo & Company reaffirmed 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. BTIG Research reiterated a “buy” rating and issued a $37.00 price target on shares of InvenTrust Properties in a research note on Friday, June 12th. Finally, Weiss Ratings raised InvenTrust Properties from a “buy (b)” rating to a “buy (a-)” rating in a report on Wednesday, June 17th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, InvenTrust Properties presently has a consensus rating of “Buy” and an average target price of $34.57.

About InvenTrust Properties

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.