InvenTrust Properties’ (IVT) Buy Rating Reiterated at BTIG Research

BTIG Research reaffirmed their buy rating on shares of InvenTrust Properties (NYSE:IVT) in a research report sent to investors on Friday,Benzinga reports. BTIG Research currently has a $37.00 price target on the stock.

Several other research analysts have also issued reports on the company. Jefferies Financial Group raised InvenTrust Properties to a “strong-buy” rating in a research report on Friday, June 26th. Wells Fargo & Company set a $39.00 price objective on InvenTrust Properties and gave the company an “overweight” rating in a research report on Thursday, July 23rd. JPMorgan Chase & Co. upped their price objective on shares of InvenTrust Properties from $31.00 to $33.00 and gave the stock a “hold neutral” rating in a report on Wednesday, May 6th. Wall Street Zen cut InvenTrust Properties from a “hold” rating to a “sell” rating in a research report on Saturday, July 18th. Finally, Weiss Ratings downgraded InvenTrust Properties from a “buy (b)” rating to a “hold (c)” rating in a research note on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $35.14.

InvenTrust Properties Price Performance

Shares of InvenTrust Properties stock opened at $32.60 on Friday. InvenTrust Properties has a 12-month low of $26.81 and a 12-month high of $37.22. The firm has a market cap of $2.54 billion, a PE ratio of 163.00, a price-to-earnings-growth ratio of 2.65 and a beta of 0.78. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 0.62. The company’s fifty day simple moving average is $34.72 and its two-hundred day simple moving average is $32.89.

InvenTrust Properties (NYSE:IVT) last issued its quarterly earnings data on Monday, August 3rd. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). InvenTrust Properties had a net margin of 4.80% and a return on equity of 0.85%. The company had revenue of $82.83 million for the quarter, compared to analysts’ expectations of $82.44 million. InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. As a group, equities analysts expect that InvenTrust Properties will post 1.95 EPS for the current year.

InvenTrust Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Tuesday, June 30th. InvenTrust Properties’s dividend payout ratio (DPR) is presently 500.00%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cassaday & Co Wealth Management LLC bought a new stake in InvenTrust Properties in the 1st quarter worth approximately $29,000. EverSource Wealth Advisors LLC lifted its holdings in shares of InvenTrust Properties by 44.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock valued at $38,000 after buying an additional 418 shares during the period. Nykredit A S purchased a new position in shares of InvenTrust Properties in the 2nd quarter worth $39,000. Global Retirement Partners LLC boosted its stake in shares of InvenTrust Properties by 82.3% in the 4th quarter. Global Retirement Partners LLC now owns 1,376 shares of the company’s stock worth $39,000 after buying an additional 621 shares during the last quarter. Finally, Danske Bank A S grew its holdings in shares of InvenTrust Properties by 220.0% in the fourth quarter. Danske Bank A S now owns 1,600 shares of the company’s stock worth $45,000 after acquiring an additional 1,100 shares during the period. 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.