Allworth Financial LP reduced its position in InvenTrust Properties Corp. (NYSE:IVT – Get Rating) by 14.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,386 shares of the company's stock after selling 1,083 shares during the quarter. Allworth Financial LP's holdings in InvenTrust Properties were worth $136,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IVT. JPMorgan Chase & Co. bought a new stake in InvenTrust Properties in the first quarter valued at about $3,915,000. Raymond James & Associates bought a new stake in InvenTrust Properties in the first quarter valued at about $274,000. Raymond James Financial Services Advisors Inc. bought a new stake in InvenTrust Properties in the first quarter valued at about $2,227,000. Bank of New York Mellon Corp bought a new stake in InvenTrust Properties in the first quarter valued at about $1,310,000. Finally, US Bancorp DE bought a new stake in InvenTrust Properties in the first quarter valued at about $48,000. 51.76% of the stock is owned by institutional investors.

InvenTrust Properties Stock Up 2.5 %

NYSE:IVT opened at $23.57 on Friday. The firm has a market capitalization of $1.59 billion, a PE ratio of 38.64, a price-to-earnings-growth ratio of 1.40 and a beta of 1.50. The stock has a 50 day moving average of $24.34 and a 200-day moving average of $25.34. InvenTrust Properties Corp. has a 52 week low of $20.82 and a 52 week high of $32.93. The company has a current ratio of 4.26, a quick ratio of 4.26 and a debt-to-equity ratio of 0.50.

InvenTrust Properties Increases Dividend

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. TheStreet lowered InvenTrust Properties from a "c-" rating to a "d" rating in a report on Tuesday, November 1st. Bank of America assumed coverage on InvenTrust Properties in a report on Thursday, September 29th. They set a "neutral" rating and a $26.00 target price for the company.

InvenTrust Properties Profile

(Get Rating)

InvenTrust Properties Corp. is a premier multi-tenant retail REIT that owns, leases, redevelops, acquires and manages grocery-anchored neighborhood centers, and select power centers that often have a grocery component, predominantly in Sun Belt markets with favorable demographics. We seek to continue to execute our strategy to enhance our multi-tenant retail platform by further investing in grocery-anchored centers with essential retail in our current markets, while exhibiting focused and disciplined capital allocation.

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