115,566 Shares in InvenTrust Properties Corp. (NYSE:IVT) Purchased by Maven Securities LTD

Maven Securities LTD bought a new position in InvenTrust Properties Corp. (NYSE:IVT) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 115,566 shares of the company’s stock, valued at approximately $3,279,000. Maven Securities LTD owned approximately 0.15% of InvenTrust Properties as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Farmers & Merchants Investments Inc. bought a new stake in InvenTrust Properties during the third quarter valued at about $27,000. Creekmur Asset Management LLC boosted its position in shares of InvenTrust Properties by 96.7% during the third quarter. Creekmur Asset Management LLC now owns 1,617 shares of the company’s stock valued at $46,000 after buying an additional 795 shares during the period. Hantz Financial Services Inc. bought a new stake in shares of InvenTrust Properties during the second quarter worth $57,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of InvenTrust Properties by 34.9% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,634 shares of the company’s stock valued at $75,000 after purchasing an additional 681 shares during the period. Finally, Beacon Capital Management LLC increased its position in InvenTrust Properties by 23.3% during the 2nd quarter. Beacon Capital Management LLC now owns 3,663 shares of the company’s stock valued at $91,000 after purchasing an additional 693 shares during the period. Hedge funds and other institutional investors own 61.70% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Jefferies Financial Group began coverage on shares of InvenTrust Properties in a report on Tuesday, November 19th. They set a “hold” rating and a $33.00 price objective on the stock. Compass Point increased their target price on shares of InvenTrust Properties from $28.00 to $29.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 10th. Bank of America raised shares of InvenTrust Properties from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $30.00 to $33.00 in a research note on Thursday, October 3rd. Finally, Wells Fargo & Company raised their price target on shares of InvenTrust Properties from $29.00 to $32.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 28th.

InvenTrust Properties Trading Down 0.2 %

IVT opened at $30.74 on Wednesday. The firm has a market cap of $2.37 billion, a P/E ratio of 341.59, a P/E/G ratio of 3.55 and a beta of 0.97. InvenTrust Properties Corp. has a 52 week low of $23.53 and a 52 week high of $31.65. The company has a quick ratio of 3.59, a current ratio of 3.59 and a debt-to-equity ratio of 0.42. The business has a fifty day simple moving average of $29.84 and a 200-day simple moving average of $27.78.

InvenTrust Properties (NYSE:IVT) last announced its quarterly earnings data on Tuesday, October 29th. The company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.44). The firm had revenue of $68.52 million during the quarter. InvenTrust Properties had a net margin of 2.52% and a return on equity of 0.42%. During the same quarter last year, the firm earned $0.41 EPS. On average, equities analysts expect that InvenTrust Properties Corp. will post 1.73 earnings per share for the current year.

InvenTrust Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a dividend of $0.226 per share. This represents a $0.90 annualized dividend and a yield of 2.94%. The ex-dividend date of this dividend was Monday, September 30th. InvenTrust Properties’s dividend payout ratio is presently 1,011.22%.

InvenTrust Properties Company Profile

InvenTrust Properties Corp. (the “Company,” “IVT,” or “InvenTrust”) is a premier Sun Belt, multi-tenant essential retail REIT that owns, leases, redevelops, acquires and manages grocery-anchored neighborhood and community centers as well as high-quality power centers that often have a grocery component.