InvenTrust Properties Corp. (NYSE:IVT) Shares Bought by Swiss National Bank

Swiss National Bank boosted its holdings in shares of InvenTrust Properties Corp. (NYSE:IVTGet Rating) by 1.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 162,800 shares of the company’s stock after buying an additional 3,000 shares during the quarter. Swiss National Bank’s holdings in InvenTrust Properties were worth $3,853,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Russell Investments Group Ltd. increased its stake in InvenTrust Properties by 206.3% during the fourth quarter. Russell Investments Group Ltd. now owns 16,741 shares of the company’s stock worth $396,000 after acquiring an additional 11,275 shares during the last quarter. Warwick Investment Management Inc. acquired a new stake in InvenTrust Properties during the fourth quarter worth $795,000. Arizona State Retirement System increased its stake in InvenTrust Properties by 3.9% during the fourth quarter. Arizona State Retirement System now owns 19,026 shares of the company’s stock worth $450,000 after acquiring an additional 713 shares during the last quarter. LDR Capital Management LLC increased its stake in InvenTrust Properties by 88.6% during the fourth quarter. LDR Capital Management LLC now owns 71,860 shares of the company’s stock worth $1,701,000 after acquiring an additional 33,760 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in InvenTrust Properties by 2.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 141,526 shares of the company’s stock worth $3,350,000 after acquiring an additional 3,283 shares during the last quarter. Institutional investors and hedge funds own 51.76% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on IVT shares. TheStreet lowered InvenTrust Properties from a “c” rating to a “d+” rating in a research report on Friday, April 28th. Compass Point lowered their price target on InvenTrust Properties from $25.00 to $23.00 and set a “neutral” rating for the company in a research report on Monday, March 27th.

InvenTrust Properties Trading Down 1.9 %

IVT opened at $21.65 on Friday. The firm has a market cap of $1.46 billion, a P/E ratio of 33.31, a P/E/G ratio of 5.78 and a beta of 1.34. The business has a fifty day simple moving average of $22.38 and a 200-day simple moving average of $23.57. InvenTrust Properties Corp. has a 52 week low of $20.82 and a 52 week high of $32.93. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 0.53.

InvenTrust Properties Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 14th. Investors of record on Friday, March 31st were issued a $0.2155 dividend. The ex-dividend date of this dividend was Thursday, March 30th. This is a positive change from InvenTrust Properties’s previous quarterly dividend of $0.21. This represents a $0.86 dividend on an annualized basis and a yield of 3.98%. InvenTrust Properties’s dividend payout ratio (DPR) is 132.31%.

InvenTrust Properties Profile

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InvenTrust Properties Corp. engages in the ownership, management, acquisition and development of multi-tenant retail platform. Its retail properties includes grocery-anchored community, neighborhood centers and necessity-based power centers. The company was founded on October 4, 2004 and is headquartered in Downers Grove, IL.

Further Reading

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

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