Independence Realty Trust
About: Independence Realty Trust Inc is a real estate investment trust (REIT) that acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. It owns and operates multifamily apartment properties, across non-gateway U.S markets, including Louisville, Memphis, Atlanta, and Raleigh. The company is focused on gaining scale within key amenity-rich submarkets that offer school districts, retail, and various employment centers.
Employees: 917
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
402% more call options, than puts
Call options by funds: $276K | Put options by funds: $55K
50% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 3 (+1) [Q1 2025]
16% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 43
0% less funds holding
Funds holding: 397 [Q4 2024] → 396 (-1) [Q1 2025]
1% less repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 140
1.9% less ownership
Funds ownership: 102.02% [Q4 2024] → 100.12% (-1.9%) [Q1 2025]
10% less capital invested
Capital invested by funds: $5.43B [Q4 2024] → $4.91B (-$516M) [Q1 2025]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Compass Point Merrill Ross | 22%upside $22 | Neutral Downgraded | 13 May 2025 |
Barclays Richard Hightower | 22%upside $22 | Equal-Weight Maintained | 9 May 2025 |
JMP Securities Aaron Hecht | 39%upside $25 | Market Outperform Reiterated | 5 May 2025 |
UBS Ami Probandt | 33%upside $24 | Buy Initiated | 7 Apr 2025 |
Wells Fargo Cooper Clark | 33%upside $24 | Overweight Initiated | 19 Mar 2025 |
Financial journalist opinion
Based on 3 articles about IRT published over the past 30 days









