InvenTrust Properties Corp. (NYSE:IVT) Receives Average Recommendation of “Buy” from Analysts

InvenTrust Properties Corp. (NYSE:IVT) has been assigned an average rating of “Buy” from the six research firms that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $35.6667.

Several equities research analysts have issued reports on IVT shares. Wall Street Zen downgraded InvenTrust Properties from a “hold” rating to a “sell” rating in a report on Saturday, July 18th. Bank of America lifted their price objective on InvenTrust Properties from $37.00 to $38.00 and gave the company a “buy” rating in a report on Monday, June 29th. BTIG Research reiterated a “buy” rating and set a $37.00 price objective on shares of InvenTrust Properties in a report on Friday, August 28th. Weiss Ratings cut InvenTrust Properties from a “buy (b)” rating to a “hold (c)” rating in a research note on Thursday, August 13th. Finally, Wells Fargo & Company set a $38.00 target price on shares of InvenTrust Properties and gave the stock an “overweight” rating in a report on Tuesday, September 1st.

Institutional Investors Weigh In On InvenTrust Properties

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. NewEdge Advisors LLC lifted its stake in InvenTrust Properties by 24.0% during the first quarter. NewEdge Advisors LLC now owns 1,717 shares of the company’s stock worth $52,000 after purchasing an additional 332 shares during the last quarter. Amundi increased its stake in shares of InvenTrust Properties by 0.9% in the 1st quarter. Amundi now owns 44,139 shares of the company’s stock valued at $1,344,000 after purchasing an additional 392 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of InvenTrust Properties by 44.0% in the 2nd 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 during the last quarter. Integrated Wealth Concepts LLC raised its holdings in shares of InvenTrust Properties by 4.6% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 10,588 shares of the company’s stock worth $375,000 after buying an additional 462 shares in the last quarter. Finally, Lazard Asset Management LLC raised its holdings in shares of InvenTrust Properties by 1.0% during the 2nd quarter. Lazard Asset Management LLC now owns 47,391 shares of the company’s stock worth $1,298,000 after buying an additional 465 shares in the last quarter. 61.70% of the stock is currently owned by institutional investors and hedge funds.

InvenTrust Properties Trading Down 0.4%

Shares of NYSE IVT opened at $31.90 on Friday. InvenTrust Properties has a twelve month low of $26.81 and a twelve month high of $37.22. The stock has a market cap of $2.49 billion, a price-to-earnings ratio of 159.48, a P/E/G ratio of 2.59 and a beta of 0.77. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 0.62. The company’s fifty day moving average is $34.11 and its 200-day moving average is $33.00.

InvenTrust Properties (NYSE:IVT) last released its quarterly earnings data on Monday, August 3rd. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). The firm had revenue of $82.83 million during the quarter, compared to the consensus estimate of $82.44 million. InvenTrust Properties had a net margin of 4.80% and a return on equity of 0.85%. InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. Equities research analysts predict that InvenTrust Properties will post 1.95 EPS for the current year.

InvenTrust Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $1.00 annualized dividend and a dividend yield of 3.1%. InvenTrust Properties’s dividend payout ratio is currently 500.00%.

InvenTrust Properties Company Profile

InvenTrust Properties Corp. (NYSE: IVT) is a real estate investment trust focused on owning, leasing, developing and managing open-air retail properties. Its portfolio primarily consists of grocery-anchored neighborhood and community shopping centers designed to serve daily consumer needs.

The company concentrates on high-growth markets across the Sun Belt, including the Southeast, Southwest and other expanding regions of the United States. Its properties typically feature grocery stores, pharmacies, restaurants, service businesses and other necessity-oriented retailers, with tenant mixes intended to support recurring customer traffic.

InvenTrust traces its history to Inland American Real Estate Trust and became a publicly traded company on the New York Stock Exchange in 2021.