J.W. Cole Advisors Inc. Has $225,000 Holdings in InvenTrust Properties Corp. (NYSE:IVT)

J.W. Cole Advisors Inc. lessened its holdings in shares of InvenTrust Properties Corp. (NYSE:IVT) by 10.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,071 shares of the company’s stock after selling 1,086 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in InvenTrust Properties were worth $225,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in IVT. Victory Capital Management Inc. acquired a new stake in InvenTrust Properties during the 4th quarter worth $230,000. Charles Schwab Investment Management Inc. raised its stake in InvenTrust Properties by 2.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 874,699 shares of the company’s stock worth $22,165,000 after buying an additional 16,760 shares during the period. Principal Securities Inc. acquired a new stake in InvenTrust Properties during the 4th quarter worth $28,000. Jump Financial LLC acquired a new stake in shares of InvenTrust Properties in the 4th quarter valued at about $460,000. Finally, Nomura Asset Management Co. Ltd. raised its stake in shares of InvenTrust Properties by 1.3% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 75,980 shares of the company’s stock valued at $1,925,000 after purchasing an additional 980 shares during the period. Institutional investors and hedge funds own 61.70% of the company’s stock.

InvenTrust Properties Stock Performance

IVT opened at $29.80 on Thursday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.24 and a quick ratio of 1.24. The business’s 50-day moving average price is $28.06 and its two-hundred day moving average price is $25.93. The company has a market capitalization of $2.02 billion, a price-to-earnings ratio of 298.00, a P/E/G ratio of 4.68 and a beta of 0.99. InvenTrust Properties Corp. has a 1 year low of $22.61 and a 1 year high of $30.33.

InvenTrust Properties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be given a $0.226 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date of this dividend is Monday, September 30th. InvenTrust Properties’s dividend payout ratio is currently 900.00%.

Analyst Ratings Changes

Several research firms have issued reports on IVT. Wells Fargo & Company lifted their price target on InvenTrust Properties from $29.00 to $32.00 and gave the company an “overweight” rating in a research note on Wednesday, August 28th. Compass Point lifted their price target on InvenTrust Properties from $28.00 to $29.00 and gave the company a “neutral” rating in a research note on Tuesday, September 10th.

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.