Certified Advisory Corp Has $491,000 Position in InvenTrust Properties Corp. (NYSE:IVT)

Certified Advisory Corp reduced its position in shares of InvenTrust Properties Corp. (NYSE:IVT) by 13.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,818 shares of the company’s stock after selling 2,957 shares during the period. Certified Advisory Corp’s holdings in InvenTrust Properties were worth $491,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in InvenTrust Properties by 1.0% during the first quarter. Vanguard Group Inc. now owns 9,588,192 shares of the company’s stock worth $246,512,000 after acquiring an additional 91,579 shares in the last quarter. Principal Financial Group Inc. raised its stake in InvenTrust Properties by 26.4% in the second quarter. Principal Financial Group Inc. now owns 3,378,512 shares of the company’s stock valued at $83,652,000 after buying an additional 706,437 shares during the period. Dimensional Fund Advisors LP raised its stake in InvenTrust Properties by 4.5% in the second quarter. Dimensional Fund Advisors LP now owns 812,825 shares of the company’s stock valued at $20,125,000 after buying an additional 35,051 shares during the period. Bank of New York Mellon Corp raised its stake in InvenTrust Properties by 8.6% in the second quarter. Bank of New York Mellon Corp now owns 327,598 shares of the company’s stock valued at $8,111,000 after buying an additional 25,918 shares during the period. Finally, Makena Capital Management LLC bought a new stake in InvenTrust Properties in the fourth quarter valued at approximately $6,427,000. 61.70% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Wells Fargo & Company upped their price objective 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 upped their price objective 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 Trading Up 0.2 %

Shares of NYSE:IVT opened at $29.49 on Tuesday. The company has a market capitalization of $2.00 billion, a P/E ratio of 294.90, 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. 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 simple moving average is $28.30 and its 200 day simple moving average is $26.03.

InvenTrust Properties Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be given a dividend of $0.226 per share. This represents a $0.90 dividend on an annualized basis and a yield of 3.07%. The ex-dividend date is Monday, September 30th. InvenTrust Properties’s dividend payout ratio is currently 900.00%.

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.