InvenTrust Properties (IVT) Scheduled to Release Quarterly Earnings on Tuesday

InvenTrust Properties (NYSE:IVTGet Free Report) will announce its earnings results after the market closes on Tuesday, February 13th. Analysts expect the company to announce earnings of $0.40 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

InvenTrust Properties Trading Up 0.9 %

NYSE:IVT opened at $25.55 on Friday. The company has a current ratio of 2.26, a quick ratio of 2.26 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $1.73 billion, a price-to-earnings ratio of 638.91, a PEG ratio of 3.46 and a beta of 1.07. The firm has a fifty day simple moving average of $25.40 and a two-hundred day simple moving average of $24.71. InvenTrust Properties has a 12 month low of $20.76 and a 12 month high of $27.25.

InvenTrust Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, January 15th. Shareholders of record on Thursday, December 28th were issued a $0.215 dividend. This represents a $0.86 dividend on an annualized basis and a yield of 3.37%. The ex-dividend date was Wednesday, December 27th. InvenTrust Properties’s payout ratio is 2,150.54%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. The Manufacturers Life Insurance Company grew its holdings in shares of InvenTrust Properties by 1.8% during the second quarter. The Manufacturers Life Insurance Company now owns 26,195 shares of the company’s stock valued at $606,000 after buying an additional 472 shares during the last quarter. Investmark Advisory Group LLC boosted its holdings in InvenTrust Properties by 5.5% during the first quarter. Investmark Advisory Group LLC now owns 10,135 shares of the company’s stock worth $237,000 after purchasing an additional 526 shares during the last quarter. Ameritas Investment Partners Inc. boosted its holdings in InvenTrust Properties by 10.5% during the second quarter. Ameritas Investment Partners Inc. now owns 5,618 shares of the company’s stock worth $130,000 after purchasing an additional 535 shares during the last quarter. Great West Life Assurance Co. Can boosted its holdings in InvenTrust Properties by 3.1% during the second quarter. Great West Life Assurance Co. Can now owns 22,850 shares of the company’s stock worth $532,000 after purchasing an additional 690 shares during the last quarter. Finally, Integrated Wealth Concepts LLC boosted its holdings in InvenTrust Properties by 6.6% during the second quarter. Integrated Wealth Concepts LLC now owns 13,056 shares of the company’s stock worth $302,000 after purchasing an additional 812 shares during the last quarter. 57.70% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Wells Fargo & Company reduced their price target on shares of InvenTrust Properties from $28.00 to $27.00 and set an “overweight” rating for the company in a report on Monday, November 13th.

View Our Latest Analysis on InvenTrust Properties

About InvenTrust Properties

(Get Free Report)

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.

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