InvenTrust Properties (NYSE:IVT) Hits New 1-Year High – What’s Next?

InvenTrust Properties Corp. (NYSE:IVT)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $31.50 and last traded at $30.6770, with a volume of 27239 shares. The stock had previously closed at $30.59.

Analyst Ratings Changes

Several research firms have weighed in on IVT. Weiss Ratings reissued a “buy (b)” rating on shares of InvenTrust Properties in a research report on Monday, December 29th. JPMorgan Chase & Co. initiated coverage on shares of InvenTrust Properties in a research report on Friday, October 17th. They issued a “neutral” rating and a $30.00 price objective on the stock. Wall Street Zen cut shares of InvenTrust Properties from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. Wells Fargo & Company initiated coverage on shares of InvenTrust Properties in a research note on Tuesday, October 21st. They set an “overweight” rating and a $33.00 price target for the company. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $33.00 price target (up previously from $32.00) on shares of InvenTrust Properties in a report on Monday, December 15th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, InvenTrust Properties has a consensus rating of “Moderate Buy” and an average price target of $31.60.

InvenTrust Properties Trading Up 1.0%

The company has a market cap of $2.40 billion, a P/E ratio of 20.18, a price-to-earnings-growth ratio of 3.17 and a beta of 0.86. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.42. The firm’s 50-day moving average price is $28.90 and its 200-day moving average price is $28.58.

InvenTrust Properties (NYSE:IVT) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.42). InvenTrust Properties had a net margin of 40.46% and a return on equity of 6.65%. The business had revenue of $77.38 million during the quarter, compared to analysts’ expectations of $76.23 million. InvenTrust Properties has set its FY 2026 guidance at 1.910-1.950 EPS. As a group, equities research analysts expect that InvenTrust Properties Corp. will post 1.79 earnings per share for the current fiscal year.

InvenTrust Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Tuesday, December 30th were paid a $0.2377 dividend. The ex-dividend date was Tuesday, December 30th. This represents a $0.95 annualized dividend and a yield of 3.1%. InvenTrust Properties’s dividend payout ratio (DPR) is currently 62.09%.

Hedge Funds Weigh In On InvenTrust Properties

A number of large investors have recently modified their holdings of IVT. Comerica Bank increased its holdings in InvenTrust Properties by 80.5% during the 1st quarter. Comerica Bank now owns 2,245 shares of the company’s stock worth $66,000 after acquiring an additional 1,001 shares during the period. Amundi grew its position in shares of InvenTrust Properties by 9.8% during the 1st quarter. Amundi now owns 45,205 shares of the company’s stock valued at $1,268,000 after purchasing an additional 4,018 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of InvenTrust Properties by 29.3% in the first quarter. AQR Capital Management LLC now owns 10,282 shares of the company’s stock worth $302,000 after purchasing an additional 2,331 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of InvenTrust Properties by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,121 shares of the company’s stock worth $1,355,000 after buying an additional 2,014 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in 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 buying an additional 276,474 shares during the period. 61.70% of the stock is currently owned by institutional investors.

About InvenTrust Properties

InvenTrust Properties Corp is a self‐managed real estate investment trust specializing in suburban and urban retail real estate. Headquartered in Downers Grove, Illinois, the company focuses on the acquisition, leasing and management of open‐air shopping centers that serve everyday consumer needs.

The company’s portfolio is concentrated in neighborhood and community retail assets anchored by grocery stores, pharmacies and national service tenants. InvenTrust engages in active leasing strategies, property management services and selective development and redevelopment initiatives designed to enhance long‐term cash flow and tenant mix.

InvenTrust Properties was created in 2019 through the spin‐off of its predecessor, Inland Real Estate Investment Corp, and adopted its current name upon separation.