XTX Topco Ltd Invests $692,000 in InvenTrust Properties Corp. $IVT

XTX Topco Ltd bought a new stake 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 (SEC). The firm bought 25,265 shares of the company’s stock, valued at approximately $692,000.

A number of other institutional investors also recently modified their holdings of IVT. Vanguard Group Inc. increased its stake in shares of InvenTrust Properties by 1.7% in the first quarter. Vanguard Group Inc. now owns 10,906,195 shares of the company’s stock worth $320,315,000 after purchasing an additional 181,423 shares during the period. Millennium Management LLC lifted its position in shares of InvenTrust Properties by 6.8% in the 1st quarter. Millennium Management LLC now owns 2,624,186 shares of the company’s stock worth $77,072,000 after acquiring an additional 166,881 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of InvenTrust Properties by 2.8% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,314,430 shares of the company’s stock worth $38,605,000 after purchasing an additional 36,397 shares in the last quarter. Nuveen LLC bought a new stake in shares of InvenTrust Properties during the first quarter valued at approximately $30,620,000. Finally, Goldman Sachs Group Inc. increased its position in shares of InvenTrust Properties by 66.0% during the first quarter. Goldman Sachs Group Inc. now owns 695,263 shares of the company’s stock valued at $20,420,000 after purchasing an additional 276,474 shares during the period. Institutional investors own 61.70% of the company’s stock.

Wall Street Analysts Forecast Growth

IVT has been the subject of several research reports. Wall Street Zen cut InvenTrust Properties from a “hold” rating to a “sell” rating in a research report on Saturday, November 8th. Wells Fargo & Company started coverage on shares of InvenTrust Properties in a research report on Tuesday, October 21st. They set an “overweight” rating and a $33.00 target price on the stock. JPMorgan Chase & Co. began coverage on shares of InvenTrust Properties in a research report on Friday, October 17th. They issued a “neutral” rating and a $30.00 price target for the company. Weiss Ratings restated a “buy (b-)” rating on shares of InvenTrust Properties in a research note on Monday. Finally, LADENBURG THALM/SH SH started coverage on InvenTrust Properties in a report on Tuesday, September 9th. They set a “neutral” rating and a $31.00 price objective on the stock. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $31.80.

InvenTrust Properties Stock Performance

NYSE IVT opened at $28.32 on Wednesday. InvenTrust Properties Corp. has a 1-year low of $25.21 and a 1-year high of $31.51. The company has a 50 day moving average of $28.08 and a 200-day moving average of $28.12. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 0.42. The firm has a market cap of $2.20 billion, a price-to-earnings ratio of 18.51, a PEG ratio of 3.12 and a beta of 0.85.

InvenTrust Properties (NYSE:IVT) last released its quarterly earnings results on Tuesday, October 28th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.37). InvenTrust Properties had a net margin of 40.46% and a return on equity of 6.65%. The business had revenue of $74.47 million during the quarter, compared to the consensus estimate of $73.57 million. InvenTrust Properties has set its FY 2025 guidance at 1.800-1.830 EPS. On average, equities analysts forecast that InvenTrust Properties Corp. will post 1.79 earnings per share for the current fiscal year.

InvenTrust Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were issued a dividend of $0.2377 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.95 annualized dividend and a yield of 3.4%. InvenTrust Properties’s dividend payout ratio is currently 62.09%.

InvenTrust Properties 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.