InvenTrust Properties (NYSE:IVT – Get Free Report) had its target price raised by research analysts at Compass Point from $28.00 to $29.00 in a note issued to investors on Tuesday, Benzinga reports. The firm presently has a “neutral” rating on the stock. Compass Point’s price objective suggests a potential downside of 0.99% from the stock’s current price.
Separately, Wells Fargo & Company upped their price objective on shares of InvenTrust Properties from $29.00 to $32.00 and gave the company an “overweight” rating in a research note on Wednesday, August 28th.
View Our Latest Stock Report on InvenTrust Properties
InvenTrust Properties Price Performance
Hedge Funds Weigh In On InvenTrust Properties
Several institutional investors and hedge funds have recently bought and sold shares of the company. Executive Wealth Management LLC lifted its stake in InvenTrust Properties by 4.3% in the 2nd quarter. Executive Wealth Management LLC now owns 9,703 shares of the company’s stock worth $240,000 after purchasing an additional 400 shares in the last quarter. Arizona State Retirement System grew its position in InvenTrust Properties by 2.3% during the second quarter. Arizona State Retirement System now owns 18,982 shares of the company’s stock worth $470,000 after buying an additional 423 shares in the last quarter. CANADA LIFE ASSURANCE Co increased its stake in InvenTrust Properties by 2.0% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 28,975 shares of the company’s stock worth $745,000 after acquiring an additional 565 shares during the last quarter. Van ECK Associates Corp boosted its position in shares of InvenTrust Properties by 6.9% during the 2nd quarter. Van ECK Associates Corp now owns 10,426 shares of the company’s stock valued at $258,000 after acquiring an additional 674 shares during the last quarter. Finally, Beacon Capital Management LLC grew its holdings in shares of 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 purchasing an additional 693 shares in the last quarter. 61.70% of the stock is owned by institutional investors.
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.
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