Industrial Logistics Properties Trust (NASDAQ:ILPT) Shares Purchased by Householder Group Estate & Retirement Specialist LLC

Householder Group Estate & Retirement Specialist LLC raised its holdings in shares of Industrial Logistics Properties Trust (NASDAQ:ILPTFree Report) by 7.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 525,697 shares of the company’s stock after buying an additional 35,755 shares during the period. Industrial Logistics Properties Trust comprises 0.8% of Householder Group Estate & Retirement Specialist LLC’s investment portfolio, making the stock its 26th largest position. Householder Group Estate & Retirement Specialist LLC’s holdings in Industrial Logistics Properties Trust were worth $2,470,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ILPT. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Industrial Logistics Properties Trust in the first quarter worth about $3,557,000. Stone House Capital Management LLC acquired a new position in Industrial Logistics Properties Trust during the 2nd quarter worth approximately $3,300,000. Prudential Financial Inc. boosted its holdings in Industrial Logistics Properties Trust by 174.6% in the 1st quarter. Prudential Financial Inc. now owns 1,101,293 shares of the company’s stock worth $3,381,000 after acquiring an additional 700,233 shares during the period. Jane Street Group LLC boosted its holdings in Industrial Logistics Properties Trust by 775.8% in the 1st quarter. Jane Street Group LLC now owns 716,201 shares of the company’s stock worth $2,199,000 after acquiring an additional 634,428 shares during the period. Finally, AQR Capital Management LLC grew its position in Industrial Logistics Properties Trust by 109.2% in the fourth quarter. AQR Capital Management LLC now owns 1,068,076 shares of the company’s stock valued at $3,493,000 after acquiring an additional 557,626 shares in the last quarter. 49.08% of the stock is owned by institutional investors and hedge funds.

Industrial Logistics Properties Trust Trading Up 1.3 %

ILPT opened at $3.97 on Thursday. The firm has a market capitalization of $261.38 million, a P/E ratio of -2.39 and a beta of 1.73. The firm’s 50 day moving average is $3.98 and its 200-day moving average is $3.64. The company has a quick ratio of 5.04, a current ratio of 5.04 and a debt-to-equity ratio of 3.71. Industrial Logistics Properties Trust has a 52-week low of $1.64 and a 52-week high of $4.88.

Industrial Logistics Properties Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, February 15th. Investors of record on Monday, January 22nd were paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 1.01%. The ex-dividend date of this dividend was Friday, January 19th. Industrial Logistics Properties Trust’s dividend payout ratio (DPR) is -2.41%.

Industrial Logistics Properties Trust Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Industrial Logistics Properties Trust (NASDAQ:ILPT)

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