Macroview Investment Management LLC Has $390,000 Position in Industrial Logistics Properties Trust (NASDAQ:ILPT)

Macroview Investment Management LLC cut its position in Industrial Logistics Properties Trust (NASDAQ:ILPT) by 3.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 106,808 shares of the company’s stock after selling 3,900 shares during the quarter. Macroview Investment Management LLC’s holdings in Industrial Logistics Properties Trust were worth $390,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. FMR LLC raised its position 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 buying an additional 3,632 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Industrial Logistics Properties Trust in the 3rd quarter valued at approximately $784,000. Franklin Resources Inc. acquired a new position in shares of Industrial Logistics Properties Trust in the 3rd quarter valued at approximately $501,000. Geode Capital Management LLC raised its position in shares of Industrial Logistics Properties Trust by 2.9% in the 3rd quarter. Geode Capital Management LLC now owns 1,533,950 shares of the company’s stock valued at $7,303,000 after buying an additional 43,068 shares in the last quarter. Finally, Barclays PLC increased its position in Industrial Logistics Properties Trust by 41.0% during the 3rd quarter. Barclays PLC now owns 246,315 shares of the company’s stock worth $1,172,000 after purchasing an additional 71,590 shares in the last quarter. 49.08% of the stock is currently owned by institutional investors and hedge funds.

Industrial Logistics Properties Trust Price Performance

ILPT stock opened at $4.01 on Monday. The company has a 50 day simple moving average of $3.69 and a 200 day simple moving average of $4.14. Industrial Logistics Properties Trust has a 1 year low of $3.15 and a 1 year high of $5.45. The company has a current ratio of 4.53, a quick ratio of 4.53 and a debt-to-equity ratio of 4.13.

Industrial Logistics Properties Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Investors of record on Monday, January 27th will be given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date of this dividend is Monday, January 27th. Industrial Logistics Properties Trust’s dividend payout ratio is -2.55%.

Industrial Logistics Properties Trust Company Profile

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.