14,420 Shares in InvenTrust Properties Corp. (NYSE:IVT) Acquired by Quantbot Technologies LP

Quantbot Technologies LP acquired a new stake in shares of InvenTrust Properties Corp. (NYSE:IVT) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 14,420 shares of the company’s stock, valued at approximately $409,000.

A number of other institutional investors have also modified their holdings of the company. Principal Financial Group Inc. increased its holdings in InvenTrust Properties by 21.9% in the 3rd quarter. Principal Financial Group Inc. now owns 4,117,296 shares of the company’s stock valued at $116,808,000 after purchasing an additional 738,784 shares in the last quarter. FMR LLC raised its holdings in shares of InvenTrust Properties by 22,456.4% during the 3rd quarter. FMR LLC now owns 580,602 shares of the company’s stock valued at $16,472,000 after buying an additional 578,028 shares during the period. International Assets Investment Management LLC lifted its position in InvenTrust Properties by 1,823.0% during the 3rd quarter. International Assets Investment Management LLC now owns 261,657 shares of the company’s stock worth $7,423,000 after acquiring an additional 248,050 shares in the last quarter. Savant Capital LLC acquired a new stake in InvenTrust Properties in the second quarter valued at approximately $4,445,000. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of InvenTrust Properties by 17.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,179,667 shares of the company’s stock valued at $33,467,000 after purchasing an additional 175,838 shares during the period. Hedge funds and other institutional investors own 61.70% of the company’s stock.

InvenTrust Properties Stock Down 0.2 %

IVT stock opened at $30.74 on Wednesday. The firm has a market cap of $2.37 billion, a PE ratio of 341.59, a P/E/G ratio of 3.55 and a beta of 0.97. The company has a debt-to-equity ratio of 0.42, a current ratio of 3.59 and a quick ratio of 3.59. The firm has a 50 day simple moving average of $29.84 and a 200 day simple moving average of $27.78. InvenTrust Properties Corp. has a 12 month low of $23.53 and a 12 month high of $31.65.

InvenTrust Properties (NYSE:IVT) last posted its quarterly earnings results on Tuesday, October 29th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.43 by ($0.44). The company had revenue of $68.52 million for the quarter. InvenTrust Properties had a return on equity of 0.42% and a net margin of 2.52%. During the same period in the prior year, the company posted $0.41 EPS. Equities research analysts forecast that InvenTrust Properties Corp. will post 1.73 earnings per share for the current fiscal year.

InvenTrust Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a $0.226 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 2.94%. The ex-dividend date of this dividend was Monday, September 30th. InvenTrust Properties’s dividend payout ratio is 1,011.22%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Jefferies Financial Group began coverage on InvenTrust Properties in a research note on Tuesday, November 19th. They issued a “hold” rating and a $33.00 price target on the stock. 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 report on Wednesday, August 28th. Compass Point raised their price objective 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, 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 report on Thursday, October 3rd.

About InvenTrust Properties

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.