Wolverine Asset Management LLC Buys 27,371 Shares of InvenTrust Properties Corp. (NYSE:IVT)

Wolverine Asset Management LLC increased its stake in shares of InvenTrust Properties Corp. (NYSE:IVT) by 2,203.8% during the 4th quarter, Holdings Channel reports. The fund owned 28,613 shares of the company’s stock after acquiring an additional 27,371 shares during the period. Wolverine Asset Management LLC’s holdings in InvenTrust Properties were worth $725,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. SG Americas Securities LLC lifted its stake in shares of InvenTrust Properties by 140.0% in the third quarter. SG Americas Securities LLC now owns 29,539 shares of the company’s stock valued at $703,000 after buying an additional 17,229 shares in the last quarter. State of Alaska Department of Revenue lifted its position in shares of InvenTrust Properties by 20.8% during the third quarter. State of Alaska Department of Revenue now owns 32,269 shares of the company’s stock valued at $767,000 after purchasing an additional 5,561 shares in the last quarter. Stratos Wealth Partners LTD. bought a new position in shares of InvenTrust Properties during the third quarter valued at about $203,000. Bank of New York Mellon Corp lifted its position in shares of InvenTrust Properties by 2.2% during the third quarter. Bank of New York Mellon Corp now owns 324,749 shares of the company’s stock valued at $7,732,000 after purchasing an additional 7,013 shares in the last quarter. Finally, Park Avenue Securities LLC bought a new position in shares of InvenTrust Properties during the third quarter valued at about $208,000. 61.70% of the stock is owned by institutional investors.

InvenTrust Properties Stock Down 0.4 %

IVT opened at $25.18 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.28 and a quick ratio of 2.28. The company’s 50-day moving average is $24.93 and its 200 day moving average is $25.07. InvenTrust Properties Corp. has a fifty-two week low of $20.76 and a fifty-two week high of $27.25. The firm has a market capitalization of $1.71 billion, a P/E ratio of 314.79, a PEG ratio of 4.29 and a beta of 1.04.

InvenTrust Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Sunday, March 31st were issued a dividend of $0.226 per share. This represents a $0.90 dividend on an annualized basis and a yield of 3.59%. The ex-dividend date was Wednesday, March 27th. This is an increase from InvenTrust Properties’s previous quarterly dividend of $0.22. InvenTrust Properties’s dividend payout ratio (DPR) is 1,125.14%.

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.