InvenTrust Properties Corp. (NYSE:IVT) Shares Sold by Dark Forest Capital Management LP

Dark Forest Capital Management LP reduced its holdings in shares of InvenTrust Properties Corp. (NYSE:IVT) by 4.5% in the 2nd quarter, HoldingsChannel reports. The fund owned 22,063 shares of the company’s stock after selling 1,046 shares during the quarter. Dark Forest Capital Management LP’s holdings in InvenTrust Properties were worth $546,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Deerfield Management Company L.P. Series C boosted its position in shares of InvenTrust Properties by 20.2% during the 2nd quarter. Deerfield Management Company L.P. Series C now owns 17,390 shares of the company’s stock worth $431,000 after acquiring an additional 2,920 shares in the last quarter. Magnetar Financial LLC acquired a new position in shares of InvenTrust Properties during the 2nd quarter worth about $209,000. AE Wealth Management LLC boosted its position in shares of InvenTrust Properties by 97.4% during the 2nd quarter. AE Wealth Management LLC now owns 17,368 shares of the company’s stock worth $430,000 after acquiring an additional 8,568 shares in the last quarter. Hsbc Holdings PLC boosted its position in shares of InvenTrust Properties by 7.8% during the 2nd quarter. Hsbc Holdings PLC now owns 90,071 shares of the company’s stock worth $2,216,000 after acquiring an additional 6,510 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its position in shares of InvenTrust Properties by 47.1% during the 2nd quarter. Renaissance Technologies LLC now owns 122,200 shares of the company’s stock worth $3,026,000 after acquiring an additional 39,100 shares in the last quarter. 61.70% of the stock is owned by institutional investors and hedge funds.

InvenTrust Properties Stock Up 0.3 %

InvenTrust Properties stock opened at $28.30 on Friday. InvenTrust Properties Corp. has a fifty-two week low of $22.61 and a fifty-two week high of $30.33. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.24 and a current ratio of 1.24. The company has a market capitalization of $1.92 billion, a P/E ratio of 283.00, a PEG ratio of 4.83 and a beta of 0.99. The stock has a 50-day simple moving average of $28.44 and a 200-day simple moving average of $26.10.

InvenTrust Properties Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be issued a $0.226 dividend. This represents a $0.90 annualized dividend and a dividend yield of 3.19%. The ex-dividend date of this dividend is Monday, September 30th. InvenTrust Properties’s payout ratio is currently 900.00%.

Analyst Ratings Changes

Several research analysts have recently issued reports on IVT shares. Wells Fargo & Company upped their price objective on InvenTrust Properties from $29.00 to $32.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 28th. Compass Point boosted their target price on InvenTrust Properties from $28.00 to $29.00 and gave the company a “neutral” rating in a report on Tuesday, September 10th.

About InvenTrust Properties

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.