Moran Wealth Management LLC Cuts Stock Position in InvenTrust Properties Corp. $IVT

Moran Wealth Management LLC lessened its holdings in InvenTrust Properties Corp. (NYSE:IVT) by 29.9% in the first quarter, Holdings Channel reports. The firm owned 37,365 shares of the company’s stock after selling 15,939 shares during the period. Moran Wealth Management LLC’s holdings in InvenTrust Properties were worth $1,138,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC raised its stake 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 worth $38,000 after purchasing an additional 418 shares during the period. Lazard Asset Management LLC grew its position in InvenTrust Properties by 1.0% during the second quarter. Lazard Asset Management LLC now owns 47,391 shares of the company’s stock valued at $1,298,000 after buying an additional 465 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its position in InvenTrust Properties by 33.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,269 shares of the company’s stock valued at $64,000 after buying an additional 570 shares during the period. International Assets Investment Management LLC increased its holdings in InvenTrust Properties by 7.5% during the fourth quarter. International Assets Investment Management LLC now owns 8,138 shares of the company’s stock worth $230,000 after buying an additional 571 shares during the last quarter. Finally, Global Retirement Partners LLC increased its holdings in InvenTrust Properties by 82.3% during the fourth 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. 61.70% of the stock is owned by hedge funds and other institutional investors.

InvenTrust Properties Stock Performance

Shares of NYSE:IVT traded up $0.51 during trading on Tuesday, hitting $35.82. 34,037 shares of the company were exchanged, compared to its average volume of 693,287. InvenTrust Properties Corp. has a 52-week low of $26.52 and a 52-week high of $36.27. The stock has a 50 day moving average of $33.46 and a 200 day moving average of $31.36. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.46 and a quick ratio of 1.46. The company has a market cap of $2.79 billion, a PE ratio of 25.37, a P/E/G ratio of 2.91 and a beta of 0.78.

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

InvenTrust Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.00 annualized dividend and a yield of 2.8%. InvenTrust Properties’s payout ratio is currently 70.92%.

Wall Street Analyst Weigh In

IVT has been the topic of a number of research analyst reports. BTIG Research reiterated a “buy” rating and issued a $37.00 target price on shares of InvenTrust Properties in a research note on Friday, June 12th. Bank of America raised their price target on shares of InvenTrust Properties from $37.00 to $38.00 and gave the stock a “buy” rating in a research note on Monday, June 29th. JPMorgan Chase & Co. upped their price objective on InvenTrust Properties from $31.00 to $33.00 and gave the company a “hold neutral” rating in a research note on Wednesday, May 6th. Wall Street Zen raised InvenTrust Properties from a “sell” rating to a “hold” rating in a research report on Saturday, June 27th. Finally, Weiss Ratings cut InvenTrust Properties from a “buy (a-)” rating to a “buy (b)” rating in a research report on Wednesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, InvenTrust Properties currently has an average rating of “Buy” and a consensus target price of $34.71.

InvenTrust Properties Profile

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.