Mirae Asset Global Investments Co. Ltd. Raises Holdings in InvenTrust Properties Corp. (NYSE:IVT)

Mirae Asset Global Investments Co. Ltd. grew its holdings in InvenTrust Properties Corp. (NYSE:IVT) by 4.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 32,704 shares of the company’s stock after buying an additional 1,446 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in InvenTrust Properties were worth $829,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in InvenTrust Properties by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 9,536,627 shares of the company’s stock worth $227,067,000 after buying an additional 32,500 shares during the period. Principal Financial Group Inc. lifted its stake in shares of InvenTrust Properties by 2.0% in the 3rd quarter. Principal Financial Group Inc. now owns 2,666,130 shares of the company’s stock valued at $63,480,000 after purchasing an additional 51,106 shares during the period. Northern Trust Corp lifted its stake in shares of InvenTrust Properties by 1.6% in the 3rd quarter. Northern Trust Corp now owns 829,420 shares of the company’s stock valued at $19,748,000 after purchasing an additional 13,115 shares during the period. Mitsubishi UFJ Trust & Banking Corp lifted its stake in shares of InvenTrust Properties by 6.1% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 677,372 shares of the company’s stock valued at $16,128,000 after purchasing an additional 38,787 shares during the period. Finally, Schonfeld Strategic Advisors LLC lifted its stake in shares of InvenTrust Properties by 77.1% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 650,802 shares of the company’s stock valued at $15,496,000 after purchasing an additional 283,269 shares during the period. Hedge funds and other institutional investors own 61.70% of the company’s stock.

InvenTrust Properties Trading Down 0.2 %

IVT opened at $25.43 on Thursday. The stock has a market cap of $1.72 billion, a PE ratio of 317.91, a PEG ratio of 4.27 and a beta of 1.04. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 0.52. The business has a 50 day moving average of $24.95 and a 200-day moving average of $25.06. InvenTrust Properties Corp. has a 52 week low of $20.76 and a 52 week high of $27.25.

InvenTrust Properties Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Sunday, March 31st were paid a $0.226 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 3.55%. The ex-dividend date of this dividend was Wednesday, March 27th. This is a boost from InvenTrust Properties’s previous quarterly dividend of $0.22. InvenTrust Properties’s dividend payout ratio (DPR) is presently 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.