Brookstone Capital Management Sells 1,535 Shares of InvenTrust Properties Corp. (NYSE:IVT)

Brookstone Capital Management decreased its holdings in shares of InvenTrust Properties Corp. (NYSE:IVT) by 15.2% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 8,541 shares of the company’s stock after selling 1,535 shares during the period. Brookstone Capital Management’s holdings in InvenTrust Properties were worth $220,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Principal Securities Inc. acquired a new position in shares of InvenTrust Properties in the 4th quarter valued at $28,000. McGlone Suttner Wealth Management Inc. acquired a new position in shares of InvenTrust Properties in the 4th quarter valued at $34,000. VitalStone Financial LLC grew its holdings in shares of InvenTrust Properties by 2,093.8% in the 3rd quarter. VitalStone Financial LLC now owns 7,020 shares of the company’s stock valued at $172,000 after buying an additional 6,700 shares during the period. Allworth Financial LP grew its holdings in shares of InvenTrust Properties by 8.1% in the 4th quarter. Allworth Financial LP now owns 8,103 shares of the company’s stock valued at $205,000 after buying an additional 604 shares during the period. Finally, Madden Advisory Services Inc. acquired a new position in shares of InvenTrust Properties in the 4th quarter valued at $207,000. Institutional investors own 61.70% of the company’s stock.

InvenTrust Properties Price Performance

Shares of NYSE IVT opened at $24.51 on Wednesday. The firm has a market cap of $1.66 billion, a PE ratio of 245.10, a PEG ratio of 4.17 and a beta of 0.98. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 0.53. InvenTrust Properties Corp. has a 1-year low of $22.61 and a 1-year high of $27.25. The company has a fifty day moving average price of $24.78 and a 200 day moving average price of $25.01.

InvenTrust Properties Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Sunday, June 30th will be paid a $0.226 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 3.69%. The ex-dividend date is Friday, June 28th. InvenTrust Properties’s payout ratio is presently 910.00%.

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.