Wolverine Asset Management LLC Buys 27,371 Shares of InvenTrust Properties Corp. (NYSE:IVT)

Wolverine Asset Management LLC lifted its position in shares of InvenTrust Properties Corp. (NYSE:IVT) by 2,203.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 28,613 shares of the company’s stock after purchasing an additional 27,371 shares during the period. Wolverine Asset Management LLC’s holdings in InvenTrust Properties were worth $725,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Handelsbanken Fonder AB purchased a new position in InvenTrust Properties during the fourth quarter worth about $398,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in InvenTrust Properties by 10.4% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 28,905 shares of the company’s stock valued at $732,000 after buying an additional 2,726 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. grew its holdings in InvenTrust Properties by 9.6% in the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 79,477 shares of the company’s stock worth $2,014,000 after acquiring an additional 6,962 shares during the last quarter. Koshinski Asset Management Inc. grew its stake in shares of InvenTrust Properties by 10.4% in the fourth quarter. Koshinski Asset Management Inc. now owns 48,266 shares of the company’s stock worth $1,223,000 after purchasing an additional 4,558 shares during the last quarter. Finally, Tennessee Valley Asset Management Partners bought a new stake in InvenTrust Properties in the fourth quarter valued at $252,000. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

InvenTrust Properties Trading Down 0.4 %

Shares of IVT opened at $25.18 on Friday. The firm’s 50-day moving average price is $24.93 and its 200-day moving average price is $25.07. The company has a current ratio of 2.28, a quick ratio of 2.28 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $1.71 billion, a price-to-earnings ratio of 314.79, a PEG ratio of 4.29 and a beta of 1.04. InvenTrust Properties Corp. has a 1-year low of $20.76 and a 1-year high of $27.25.

InvenTrust Properties Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Sunday, March 31st were paid a $0.226 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.90 annualized dividend and a dividend yield of 3.59%. This is a boost from InvenTrust Properties’s previous quarterly dividend of $0.22. InvenTrust Properties’s payout ratio is currently 1,125.14%.

InvenTrust Properties 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.