164,723 Shares in Industrial Logistics Properties Trust (NASDAQ:ILPT) Bought by Jane Street Group LLC

Jane Street Group LLC purchased a new position in shares of Industrial Logistics Properties Trust (NASDAQ:ILPT) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 164,723 shares of the company’s stock, valued at approximately $784,000.

Other large investors have also recently added to or reduced their stakes in the company. FMR LLC raised its holdings in shares of Industrial Logistics Properties Trust by 16.9% in the 3rd quarter. FMR LLC now owns 25,067 shares of the company’s stock valued at $119,000 after purchasing an additional 3,632 shares during the period. BNP Paribas Financial Markets increased its position in Industrial Logistics Properties Trust by 62.8% during the third quarter. BNP Paribas Financial Markets now owns 17,597 shares of the company’s stock worth $84,000 after buying an additional 6,785 shares during the last quarter. MetLife Investment Management LLC increased its position in Industrial Logistics Properties Trust by 42.9% during the third quarter. MetLife Investment Management LLC now owns 26,326 shares of the company’s stock worth $125,000 after buying an additional 7,901 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Industrial Logistics Properties Trust by 1.1% in the second quarter. Dimensional Fund Advisors LP now owns 839,912 shares of the company’s stock valued at $3,091,000 after buying an additional 9,382 shares during the period. Finally, DigitalBridge Group Inc. lifted its position in shares of Industrial Logistics Properties Trust by 2.8% in the second quarter. DigitalBridge Group Inc. now owns 396,243 shares of the company’s stock valued at $1,458,000 after buying an additional 10,744 shares during the last quarter. Institutional investors and hedge funds own 49.08% of the company’s stock.

Industrial Logistics Properties Trust Stock Down 0.8 %

ILPT stock opened at $3.62 on Friday. Industrial Logistics Properties Trust has a 1-year low of $3.15 and a 1-year high of $5.45. The business’s 50 day simple moving average is $3.65 and its 200 day simple moving average is $4.21. The company has a current ratio of 4.53, a quick ratio of 4.53 and a debt-to-equity ratio of 4.13. The firm has a market capitalization of $239.44 million, a PE ratio of -2.31 and a beta of 1.83.

Industrial Logistics Properties Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 14th. Shareholders of record on Monday, October 28th were issued a $0.01 dividend. The ex-dividend date of this dividend was Monday, October 28th. This represents a $0.04 annualized dividend and a dividend yield of 1.10%. Industrial Logistics Properties Trust’s dividend payout ratio is currently -2.55%.

About Industrial Logistics Properties Trust

Industrial Logistics Properties Trust (Nasdaq: ILPT) is a real estate investment trust, or REIT, focused on owning and leasing high quality distribution and logistics properties. As of December 31, 2023, ILPT's portfolio consisted of 411 properties containing approximately 60 million rentable square feet located in 39 states.