Centiva Capital LP purchased a new position in Industrial Logistics Properties Trust (NASDAQ:ILPT – Get Rating) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 17,408 shares of the company’s stock, valued at approximately $96,000.
Several other large investors have also added to or reduced their stakes in ILPT. Flat Footed LLC bought a new position in Industrial Logistics Properties Trust in the 3rd quarter worth $5,295,000. Shell Asset Management Co. lifted its holdings in Industrial Logistics Properties Trust by 26.3% in the third quarter. Shell Asset Management Co. now owns 18,656 shares of the company’s stock worth $103,000 after buying an additional 3,882 shares during the period. Quadrant Capital Group LLC lifted its holdings in Industrial Logistics Properties Trust by 1,081.6% in the third quarter. Quadrant Capital Group LLC now owns 6,475 shares of the company’s stock worth $36,000 after buying an additional 5,927 shares during the period. ExodusPoint Capital Management LP bought a new stake in Industrial Logistics Properties Trust during the 3rd quarter valued at approximately $456,000. Finally, Tower Research Capital LLC TRC grew its holdings in shares of Industrial Logistics Properties Trust by 88.7% during the 3rd quarter. Tower Research Capital LLC TRC now owns 4,956 shares of the company’s stock worth $27,000 after acquiring an additional 2,329 shares during the period. Institutional investors own 84.25% of the company’s stock.
Analyst Upgrades and Downgrades
Separately, B. Riley lowered their target price on Industrial Logistics Properties Trust from $11.00 to $10.00 and set a “buy” rating for the company in a research note on Tuesday, February 21st.
Industrial Logistics Properties Trust Stock Performance
Industrial Logistics Properties Trust Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 16th. Investors of record on Monday, January 23rd were paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.92%. The ex-dividend date of this dividend was Friday, January 20th. Industrial Logistics Properties Trust’s payout ratio is currently -1.15%.
About Industrial Logistics Properties Trust
Industrial Logistics Properties Trust is a real estate investment trust, which owns and leases industrial and logistics properties. The company was founded on September 15, 2017 and is headquartered in Newton, MA.
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