Vanderbilt University Decreases Holdings in InvenTrust Properties Corp. (NYSE:IVT)

Vanderbilt University reduced its holdings in shares of InvenTrust Properties Corp. (NYSE:IVT) by 21.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,438 shares of the company’s stock after selling 5,727 shares during the period. Vanderbilt University’s holdings in InvenTrust Properties were worth $616,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Principal Financial Group Inc. boosted its position in InvenTrust Properties by 21.9% in the third quarter. Principal Financial Group Inc. now owns 4,117,296 shares of the company’s stock valued at $116,808,000 after buying an additional 738,784 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of InvenTrust Properties by 5.4% in the 3rd quarter. Geode Capital Management LLC now owns 1,816,716 shares of the company’s stock valued at $51,550,000 after acquiring an additional 92,367 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in 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. FMR LLC boosted its holdings in InvenTrust Properties by 22,456.4% in the third quarter. FMR LLC now owns 580,602 shares of the company’s stock valued at $16,472,000 after purchasing an additional 578,028 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in InvenTrust Properties by 6.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 552,774 shares of the company’s stock worth $15,682,000 after purchasing an additional 35,428 shares during the period. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group raised shares of InvenTrust Properties from a “hold” rating to a “buy” rating and increased their price target for the stock from $33.00 to $34.00 in a report on Thursday, January 2nd.

InvenTrust Properties Price Performance

InvenTrust Properties stock opened at $29.77 on Thursday. The company has a current ratio of 3.59, a quick ratio of 3.59 and a debt-to-equity ratio of 0.42. The company has a 50-day moving average price of $29.97 and a 200 day moving average price of $29.40. InvenTrust Properties Corp. has a 12-month low of $23.53 and a 12-month high of $31.65. The stock has a market cap of $2.30 billion, a P/E ratio of 330.80, a PEG ratio of 3.27 and a beta of 0.96.

InvenTrust Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Monday, December 30th were paid a $0.2263 dividend. The ex-dividend date was Monday, December 30th. This is a boost from InvenTrust Properties’s previous quarterly dividend of $0.23. This represents a $0.91 dividend on an annualized basis and a dividend yield of 3.04%. InvenTrust Properties’s payout ratio is presently 1,011.22%.

InvenTrust Properties Company 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.