Public Employees Retirement System of Ohio Takes Position in InvenTrust Properties Corp. $IVT

Public Employees Retirement System of Ohio bought a new position in shares of InvenTrust Properties Corp. (NYSE:IVT) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 90,649 shares of the company’s stock, valued at approximately $3,209,000.

Other institutional investors have also modified their holdings of the company. Cassaday & Co Wealth Management LLC purchased a new stake in InvenTrust Properties in the 1st quarter valued at $29,000. EverSource Wealth Advisors LLC raised its holdings in shares of InvenTrust Properties by 44.0% in the second 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 last quarter. Global Retirement Partners LLC boosted its stake in shares of 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 period. Danske Bank A S grew its holdings in shares of InvenTrust Properties by 220.0% during the fourth quarter. Danske Bank A S now owns 1,600 shares of the company’s stock worth $45,000 after buying an additional 1,100 shares during the last quarter. Finally, Prosperity Bancshares Inc acquired a new position in InvenTrust Properties in the 4th quarter valued at about $47,000. 61.70% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have weighed in 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 $38.00 target price on InvenTrust Properties and gave the stock an “overweight” rating in a research note on Tuesday. Weiss Ratings downgraded shares of InvenTrust Properties from a “buy (b)” rating to a “hold (c)” rating in a report on Thursday, August 13th. Wall Street Zen downgraded InvenTrust Properties from a “hold” rating to a “sell” rating in a research note on Saturday, July 18th. Finally, Bank of America upped their target price on InvenTrust Properties from $37.00 to $38.00 and gave the company a “buy” rating in a report on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $35.00.

InvenTrust Properties Stock Up 0.0%

Shares of NYSE IVT opened at $32.56 on Friday. InvenTrust Properties Corp. has a 12-month low of $26.81 and a 12-month high of $37.22. The company has a market capitalization of $2.54 billion, a PE ratio of 162.80, a price-to-earnings-growth ratio of 2.65 and a beta of 0.77. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.73 and a quick ratio of 1.73. The firm’s 50-day moving average is $34.43 and its two-hundred day moving average is $32.95.

InvenTrust Properties (NYSE:IVT) last issued its quarterly earnings data on Monday, August 3rd. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). InvenTrust Properties had a return on equity of 0.85% and a net margin of 4.80%.The business 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. Equities analysts anticipate that InvenTrust Properties Corp. will post 1.95 EPS for the current fiscal year.

InvenTrust Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders 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 yield of 3.1%. The ex-dividend date was Tuesday, June 30th. InvenTrust Properties’s dividend payout ratio is 500.00%.

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.