InvenTrust Properties (NYSE:IVT) Reaches New 12-Month High at $27.34

InvenTrust Properties Corp. (NYSE:IVT) reached a new 52-week high on Tuesday . The stock traded as high as $27.34 and last traded at $27.34, with a volume of 185590 shares trading hands. The stock had previously closed at $26.44.

InvenTrust Properties Stock Performance

The company has a 50 day moving average of $25.01 and a two-hundred day moving average of $25.05. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.38 and a quick ratio of 2.38. The company has a market capitalization of $1.88 billion, a PE ratio of 264.55, a PEG ratio of 4.49 and a beta of 0.98.

InvenTrust Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Sunday, June 30th were issued a dividend of $0.226 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 3.26%. The ex-dividend date was Friday, June 28th. InvenTrust Properties’s dividend payout ratio (DPR) is presently 910.00%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of IVT. Principal Securities Inc. bought a new stake in InvenTrust Properties during the fourth quarter worth about $28,000. Beacon Capital Management LLC lifted its holdings in shares of InvenTrust Properties by 23.3% during the second quarter. Beacon Capital Management LLC now owns 3,663 shares of the company’s stock valued at $91,000 after purchasing an additional 693 shares during the last quarter. EntryPoint Capital LLC boosted its position in shares of InvenTrust Properties by 899.3% in the 1st quarter. EntryPoint Capital LLC now owns 4,077 shares of the company’s stock worth $105,000 after purchasing an additional 3,669 shares in the last quarter. Global Financial Private Client LLC grew its stake in shares of InvenTrust Properties by 20.0% in the 2nd quarter. Global Financial Private Client LLC now owns 5,992 shares of the company’s stock worth $148,000 after buying an additional 1,000 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its position in InvenTrust Properties by 4,944.5% during the 1st quarter. Russell Investments Group Ltd. now owns 7,365 shares of the company’s stock valued at $189,000 after buying an additional 7,219 shares in the last quarter. 61.70% of the stock is currently owned by institutional investors.

About InvenTrust Properties

InvenTrust Properties Corp. (the "Company," "IVT," or "InvenTrust") is a premier Sun Belt, multi-tenant essential retail REIT that owns, leases, redevelops, acquires and manages grocery-anchored neighborhood and community centers as well as high-quality power centers that often have a grocery component.