Johnson Financial Group LLC Invests $297,000 in InvenTrust Properties Corp. (NYSE:IVT)

Johnson Financial Group LLC acquired a new position in shares of InvenTrust Properties Corp. (NYSE:IVT) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 11,984 shares of the company’s stock, valued at approximately $297,000.

Several other institutional investors also recently modified their holdings of IVT. CANADA LIFE ASSURANCE Co boosted its holdings in shares of InvenTrust Properties by 2.0% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 28,975 shares of the company’s stock worth $745,000 after buying an additional 565 shares during the period. Van ECK Associates Corp boosted its holdings in shares of InvenTrust Properties by 6.9% during the 2nd quarter. Van ECK Associates Corp now owns 10,426 shares of the company’s stock worth $258,000 after buying an additional 674 shares during the period. Beacon Capital Management LLC boosted its holdings in InvenTrust Properties by 23.3% in the 2nd 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 period. VitalStone Financial LLC boosted its holdings in InvenTrust Properties by 10.0% in the 4th quarter. VitalStone Financial LLC now owns 7,721 shares of the company’s stock valued at $196,000 after purchasing an additional 701 shares during the period. Finally, ProShare Advisors LLC boosted its holdings in InvenTrust Properties by 8.5% in the 1st quarter. ProShare Advisors LLC now owns 12,223 shares of the company’s stock valued at $314,000 after purchasing an additional 961 shares during the period. 61.70% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Wells Fargo & Company boosted their price objective on shares of InvenTrust Properties from $29.00 to $32.00 and gave the company an “overweight” rating in a report on Wednesday, August 28th.

InvenTrust Properties Stock Performance

NYSE IVT traded down $0.02 during trading on Tuesday, reaching $29.66. The company’s stock had a trading volume of 1,496 shares, compared to its average volume of 329,578. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $2.01 billion, a price-to-earnings ratio of 296.80, a price-to-earnings-growth ratio of 4.75 and a beta of 0.99. InvenTrust Properties Corp. has a 12 month low of $22.61 and a 12 month high of $29.72. The firm has a 50 day moving average price of $26.87 and a 200 day moving average price of $25.58.

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.