Hsbc Holdings PLC Purchases 13,952 Shares of InvenTrust Properties Corp. $IVT

Hsbc Holdings PLC raised its holdings in shares of InvenTrust Properties Corp. (NYSE:IVT) by 10.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 144,211 shares of the company’s stock after acquiring an additional 13,952 shares during the period. Hsbc Holdings PLC owned about 0.19% of InvenTrust Properties worth $4,394,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Principal Financial Group Inc. increased its position in shares of InvenTrust Properties by 30.8% in the fourth quarter. Principal Financial Group Inc. now owns 6,189,709 shares of the company’s stock valued at $174,612,000 after acquiring an additional 1,456,918 shares during the period. Millennium Management LLC boosted its holdings in shares of InvenTrust Properties by 40.8% during the fourth quarter. Millennium Management LLC now owns 1,910,142 shares of the company’s stock worth $53,885,000 after purchasing an additional 553,184 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of InvenTrust Properties by 0.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,380,478 shares of the company’s stock worth $38,943,000 after purchasing an additional 12,176 shares during the last quarter. Centersquare Investment Management LLC grew its stake in shares of InvenTrust Properties by 600.3% in the fourth quarter. Centersquare Investment Management LLC now owns 1,287,805 shares of the company’s stock worth $36,329,000 after purchasing an additional 1,103,911 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in InvenTrust Properties by 5.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,008,310 shares of the company’s stock valued at $28,858,000 after purchasing an additional 49,336 shares during the period. 61.70% of the stock is owned by hedge funds and other institutional investors.

InvenTrust Properties Stock Up 1.7%

InvenTrust Properties stock opened at $36.42 on Friday. InvenTrust Properties Corp. has a 12 month low of $26.81 and a 12 month high of $37.22. The stock has a fifty day simple moving average of $34.61 and a two-hundred day simple moving average of $32.07. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.54. The firm has a market cap of $2.84 billion, a price-to-earnings ratio of 25.83, a PEG ratio of 2.93 and a beta of 0.78.

InvenTrust Properties (NYSE:IVT) last issued its earnings results on Tuesday, April 28th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.01. InvenTrust Properties had a net margin of 35.66% and a return on equity of 6.10%. The company had revenue of $82.58 million for the quarter, compared to analysts’ expectations of $78.79 million. InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. Equities analysts predict that InvenTrust Properties Corp. will post 1.99 EPS for the current fiscal year.

InvenTrust Properties Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Tuesday, June 30th. InvenTrust Properties’s dividend payout ratio is currently 70.92%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on IVT shares. Weiss Ratings raised shares of InvenTrust Properties from a “buy (b)” rating to a “buy (b+)” rating in a research report on Wednesday, July 15th. Bank of America increased their price target on shares of InvenTrust Properties from $37.00 to $38.00 and gave the stock a “buy” rating in a research note on Monday, June 29th. BTIG Research restated a “buy” rating and issued a $37.00 price objective on shares of InvenTrust Properties in a report on Friday, June 12th. Jefferies Financial Group raised InvenTrust Properties to a “strong-buy” rating in a research report on Friday, June 26th. Finally, Wells Fargo & Company set a $39.00 target price on InvenTrust Properties and gave the stock an “overweight” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $35.14.

About InvenTrust Properties

InvenTrust Properties Corp is a self‐managed real estate investment trust specializing in suburban and urban retail real estate. Headquartered in Downers Grove, Illinois, the company focuses on the acquisition, leasing and management of open‐air shopping centers that serve everyday consumer needs.

The company’s portfolio is concentrated in neighborhood and community retail assets anchored by grocery stores, pharmacies and national service tenants. InvenTrust engages in active leasing strategies, property management services and selective development and redevelopment initiatives designed to enhance long‐term cash flow and tenant mix.

InvenTrust Properties was created in 2019 through the spin‐off of its predecessor, Inland Real Estate Investment Corp, and adopted its current name upon separation.