Focus Financial Network Inc. Cuts Holdings in InvenTrust Properties Corp. (NYSE:IVT)

Focus Financial Network Inc. trimmed its holdings in shares of InvenTrust Properties Corp. (NYSE:IVT) by 6.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,157 shares of the company’s stock after selling 849 shares during the quarter. Focus Financial Network Inc.’s holdings in InvenTrust Properties were worth $324,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of IVT. Principal Financial Group Inc. increased its holdings in InvenTrust Properties by 17.0% during the first quarter. Principal Financial Group Inc. now owns 2,672,075 shares of the company’s stock valued at $68,699,000 after buying an additional 387,397 shares during the period. Makena Capital Management LLC acquired a new stake in InvenTrust Properties in the fourth quarter valued at approximately $6,427,000. Vanguard Group Inc. boosted its stake in InvenTrust Properties by 1.0% in the first quarter. Vanguard Group Inc. now owns 9,588,192 shares of the company’s stock valued at $246,512,000 after acquiring an additional 91,579 shares in the last quarter. HighPoint Advisor Group LLC acquired a new stake in InvenTrust Properties in the fourth quarter valued at approximately $1,142,000. Finally, Quest Partners LLC acquired a new stake in InvenTrust Properties in the fourth quarter valued at approximately $1,014,000. 61.70% of the stock is owned by hedge funds and other institutional investors.

InvenTrust Properties Stock Down 0.2 %

IVT traded down $0.05 during trading on Wednesday, hitting $27.96. The stock had a trading volume of 45,278 shares, compared to its average volume of 328,969. The company has a market capitalization of $1.90 billion, a PE ratio of 278.90, a PEG ratio of 4.83 and a beta of 0.99. InvenTrust Properties Corp. has a twelve month low of $22.61 and a twelve month high of $28.57. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.38 and a current ratio of 1.24. The stock has a 50 day simple moving average of $26.09 and a two-hundred day simple moving average of $25.34.

InvenTrust Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Sunday, June 30th were paid a dividend of $0.226 per share. The ex-dividend date was Friday, June 28th. This represents a $0.90 annualized dividend and a dividend yield of 3.23%. InvenTrust Properties’s payout ratio is currently 900.00%.

InvenTrust Properties Company Profile

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.