InvenTrust Properties Corp. (NYSE:IVT) Shares Acquired by Cwm LLC

Cwm LLC lifted its stake in shares of InvenTrust Properties Corp. (NYSE:IVT) by 9.3% during the third quarter, Holdings Channel.com reports. The fund owned 9,022 shares of the company’s stock after purchasing an additional 766 shares during the period. Cwm LLC’s holdings in InvenTrust Properties were worth $256,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Handelsbanken Fonder AB increased its stake in shares of InvenTrust Properties by 36.2% during the third quarter. Handelsbanken Fonder AB now owns 22,200 shares of the company’s stock valued at $630,000 after acquiring an additional 5,900 shares during the period. SG Americas Securities LLC acquired a new position in shares of InvenTrust Properties during the third quarter valued at approximately $410,000. Creative Planning increased its stake in shares of InvenTrust Properties by 6.1% during the second quarter. Creative Planning now owns 40,862 shares of the company’s stock valued at $1,012,000 after acquiring an additional 2,360 shares during the period. Algert Global LLC increased its stake in shares of InvenTrust Properties by 15.5% during the second quarter. Algert Global LLC now owns 50,911 shares of the company’s stock valued at $1,261,000 after acquiring an additional 6,827 shares during the period. Finally, Susquehanna Fundamental Investments LLC increased its stake in shares of InvenTrust Properties by 9.8% during the second quarter. Susquehanna Fundamental Investments LLC now owns 31,488 shares of the company’s stock valued at $780,000 after acquiring an additional 2,822 shares during the period. Institutional investors and hedge funds own 61.70% of the company’s stock.

InvenTrust Properties Trading Down 0.1 %

Shares of NYSE:IVT opened at $29.23 on Wednesday. The stock has a market capitalization of $1.98 billion, a price-to-earnings ratio of 292.30, a PEG ratio of 3.52 and a beta of 0.98. InvenTrust Properties Corp. has a 1-year low of $23.53 and a 1-year high of $30.33. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.24 and a current ratio of 1.24. The company has a 50 day moving average price of $29.08 and a 200 day moving average price of $26.64.

InvenTrust Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a $0.226 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 3.09%. The ex-dividend date was Monday, September 30th. InvenTrust Properties’s dividend payout ratio is 900.00%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on IVT shares. Bank of America upgraded shares of InvenTrust Properties from a “neutral” rating to a “buy” rating and raised their target price for the stock from $30.00 to $33.00 in a report on Thursday, October 3rd. Compass Point raised their target price on shares of InvenTrust Properties from $28.00 to $29.00 and gave the stock a “neutral” rating in a report on Tuesday, September 10th. Finally, Wells Fargo & Company raised their target price on shares of InvenTrust Properties from $29.00 to $32.00 and gave the stock an “overweight” rating in a report on Wednesday, August 28th.

InvenTrust Properties 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.