InvenTrust Properties (NYSE:IVT) Downgraded by Wall Street Zen to “Sell”

Wall Street Zen downgraded shares of InvenTrust Properties (NYSE:IVT) from a hold rating to a sell rating in a report released on Saturday morning.

A number of other equities research analysts have also recently commented on the stock. BTIG Research reaffirmed a “buy” rating and issued a $37.00 target price on shares of InvenTrust Properties in a report on Friday, June 12th. Bank of America raised their price target on InvenTrust Properties from $37.00 to $38.00 and gave the stock a “buy” rating in a report on Monday, June 29th. JPMorgan Chase & Co. boosted their price target on InvenTrust Properties from $31.00 to $33.00 and gave the company a “hold neutral” rating in a research report on Wednesday, May 6th. Jefferies Financial Group raised InvenTrust Properties to a “strong-buy” rating in a research note on Friday, June 26th. Finally, Weiss Ratings raised InvenTrust Properties from a “buy (b)” rating to a “buy (b+)” rating in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $34.71.

InvenTrust Properties Stock Performance

Shares of InvenTrust Properties stock opened at $36.72 on Friday. The firm’s fifty day simple moving average is $34.11 and its 200-day simple moving average is $31.79. The stock has a market capitalization of $2.86 billion, a price-to-earnings ratio of 26.04, a PEG ratio of 3.01 and a beta of 0.78. InvenTrust Properties has a 12 month low of $26.81 and a 12 month high of $37.22. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.46 and a quick ratio of 1.46.

InvenTrust Properties (NYSE:IVT) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.06 by $0.01. InvenTrust Properties had a net margin of 35.66% and a return on equity of 6.10%. The firm had revenue of $82.58 million during the quarter, compared to the consensus estimate of $78.79 million. InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. As a group, equities analysts forecast that InvenTrust Properties will post 1.99 earnings per share for the current year.

InvenTrust Properties Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Tuesday, June 30th. InvenTrust Properties’s dividend payout ratio (DPR) is 70.92%.

Institutional Trading of InvenTrust Properties

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Cassaday & Co Wealth Management LLC purchased a new position in InvenTrust Properties during the first quarter worth about $29,000. EverSource Wealth Advisors LLC boosted its holdings in InvenTrust Properties by 44.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock valued at $38,000 after purchasing an additional 418 shares in the last quarter. Global Retirement Partners LLC boosted its holdings in InvenTrust Properties by 82.3% in the 4th quarter. Global Retirement Partners LLC now owns 1,376 shares of the company’s stock valued at $39,000 after purchasing an additional 621 shares in the last quarter. Danske Bank A S increased its position in InvenTrust Properties by 220.0% during the 4th quarter. Danske Bank A S now owns 1,600 shares of the company’s stock worth $45,000 after purchasing an additional 1,100 shares during the period. Finally, Prosperity Bancshares Inc acquired a new position in InvenTrust Properties during the 4th quarter worth approximately $47,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

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.