J.W. Cole Advisors Inc. Acquires Shares of 10,866 InvenTrust Properties Corp. (NYSE:IVT)

J.W. Cole Advisors Inc. acquired a new stake in shares of InvenTrust Properties Corp. (NYSE:IVTGet Rating) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 10,866 shares of the company’s stock, valued at approximately $334,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IVT. Cedar Brook Financial Partners LLC purchased a new position in InvenTrust Properties during the first quarter valued at $1,436,000. Bremer Bank National Association purchased a new position in InvenTrust Properties during the first quarter worth about $340,000. Executive Wealth Management LLC purchased a new position in InvenTrust Properties during the first quarter worth about $4,254,000. Redpoint Investment Management Pty Ltd purchased a new position in InvenTrust Properties during the first quarter worth about $225,000. Finally, AdvisorNet Financial Inc purchased a new position in InvenTrust Properties during the first quarter worth about $1,116,000. 51.04% of the stock is owned by hedge funds and other institutional investors.

InvenTrust Properties Price Performance

Shares of IVT stock opened at $24.92 on Wednesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.49 and a quick ratio of 2.49. The firm’s 50-day moving average is $27.21 and its two-hundred day moving average is $28.31. InvenTrust Properties Corp. has a 12 month low of $1.10 and a 12 month high of $32.93. The company has a market capitalization of $1.68 billion and a PE ratio of 37.76.

InvenTrust Properties (NYSE:IVTGet Rating) last issued its earnings results on Monday, August 1st. The company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.03. InvenTrust Properties had a net margin of 19.64% and a return on equity of 2.76%.

InvenTrust Properties Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 14th. Shareholders of record on Friday, September 30th will be paid a dividend of $0.205 per share. This represents a $0.82 dividend on an annualized basis and a yield of 3.29%. The ex-dividend date of this dividend is Thursday, September 29th. InvenTrust Properties’s dividend payout ratio (DPR) is presently 124.24%.

InvenTrust Properties Company Profile

(Get Rating)

InvenTrust Properties Corp. is a premier multi-tenant retail REIT that owns, leases, redevelops, acquires and manages grocery-anchored neighborhood centers, and select power centers that often have a grocery component, predominantly in Sun Belt markets with favorable demographics. We seek to continue to execute our strategy to enhance our multi-tenant retail platform by further investing in grocery-anchored centers with essential retail in our current markets, while exhibiting focused and disciplined capital allocation.

Read More

Want to see what other hedge funds are holding IVT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for InvenTrust Properties Corp. (NYSE:IVTGet Rating).

Institutional Ownership by Quarter for InvenTrust Properties (NYSE:IVT)

Receive News & Ratings for InvenTrust Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InvenTrust Properties and related companies with MarketBeat.com's FREE daily email newsletter.