InvenTrust Properties Corp. (NYSE:IVT) Stake Lowered by Wealthstar Advisors LLC

Wealthstar Advisors LLC reduced its stake in shares of InvenTrust Properties Corp. (NYSE:IVT) by 3.9% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,715 shares of the company’s stock after selling 435 shares during the period. Wealthstar Advisors LLC’s holdings in InvenTrust Properties were worth $275,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of IVT. Principal Securities Inc. purchased a new position in shares of InvenTrust Properties during the 4th quarter valued at $28,000. McGlone Suttner Wealth Management Inc. acquired a new position in InvenTrust Properties during the 4th quarter worth $34,000. VitalStone Financial LLC lifted its position in InvenTrust Properties by 2,093.8% during the 3rd quarter. VitalStone Financial LLC now owns 7,020 shares of the company’s stock worth $172,000 after acquiring an additional 6,700 shares during the last quarter. Allworth Financial LP lifted its position in InvenTrust Properties by 8.1% during the 4th quarter. Allworth Financial LP now owns 8,103 shares of the company’s stock worth $205,000 after acquiring an additional 604 shares during the last quarter. Finally, Madden Advisory Services Inc. acquired a new position in InvenTrust Properties during the 4th quarter worth $207,000. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

InvenTrust Properties Stock Performance

InvenTrust Properties stock traded down $0.10 on Thursday, reaching $24.41. 74,232 shares of the stock were exchanged, compared to its average volume of 355,267. The stock has a market cap of $1.66 billion, a PE ratio of 244.10, a PEG ratio of 4.13 and a beta of 0.98. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 0.53. InvenTrust Properties Corp. has a twelve month low of $22.61 and a twelve month high of $27.25. The firm has a fifty day moving average price of $24.76 and a two-hundred day moving average price of $25.01.

InvenTrust Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Sunday, June 30th will be given a dividend of $0.226 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 3.70%. The ex-dividend date is Friday, June 28th. InvenTrust Properties’s dividend payout ratio is currently 910.00%.

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.