Commonwealth Equity Services LLC Sells 12,847 Shares of InvenTrust Properties Corp. (NYSE:IVT)

Commonwealth Equity Services LLC trimmed its position in shares of InvenTrust Properties Corp. (NYSE:IVT) by 5.6% during the 2nd quarter, HoldingsChannel reports. The fund owned 218,453 shares of the company’s stock after selling 12,847 shares during the quarter. Commonwealth Equity Services LLC’s holdings in InvenTrust Properties were worth $5,409,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Principal Securities Inc. acquired a new stake in shares of InvenTrust Properties during the 4th quarter worth approximately $28,000. Hantz Financial Services Inc. bought a new position in InvenTrust Properties in the second quarter worth $57,000. Beacon Capital Management LLC boosted its stake in InvenTrust Properties by 23.3% during the second quarter. Beacon Capital Management LLC now owns 3,663 shares of the company’s stock worth $91,000 after buying an additional 693 shares in the last quarter. EntryPoint Capital LLC increased its holdings in InvenTrust Properties by 899.3% in the 1st quarter. EntryPoint Capital LLC now owns 4,077 shares of the company’s stock valued at $105,000 after buying an additional 3,669 shares during the period. Finally, Global Financial Private Client LLC raised its stake in shares of InvenTrust Properties by 20.0% in the 2nd quarter. Global Financial Private Client LLC now owns 5,992 shares of the company’s stock valued at $148,000 after buying an additional 1,000 shares in the last quarter. Institutional investors and hedge funds own 61.70% of the company’s stock.

Analysts Set New Price Targets

Separately, Wells Fargo & Company lifted their target price on shares of InvenTrust Properties from $29.00 to $32.00 and gave the company an “overweight” rating in a research report on Wednesday, August 28th.

InvenTrust Properties Trading Down 0.8 %

IVT stock opened at $29.14 on Friday. InvenTrust Properties Corp. has a 1-year low of $22.61 and a 1-year high of $29.95. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.53. The business’s 50 day moving average is $27.25 and its 200-day moving average is $25.68. The firm has a market cap of $1.98 billion, a P/E ratio of 291.40, a P/E/G ratio of 4.75 and a beta of 0.99.

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.