Macroview Investment Management LLC Sells 3,900 Shares of Industrial Logistics Properties Trust (NASDAQ:ILPT)

Macroview Investment Management LLC decreased its stake in shares of Industrial Logistics Properties Trust (NASDAQ:ILPT) by 3.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 106,808 shares of the company’s stock after selling 3,900 shares during the period. Macroview Investment Management LLC owned 0.16% of Industrial Logistics Properties Trust worth $390,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. EMC Capital Management boosted its holdings in shares of Industrial Logistics Properties Trust by 65.2% during the 4th quarter. EMC Capital Management now owns 13,319 shares of the company’s stock worth $49,000 after buying an additional 5,255 shares during the period. Intech Investment Management LLC bought a new stake in shares of Industrial Logistics Properties Trust during the 3rd quarter worth about $71,000. Caprock Group LLC bought a new stake in shares of Industrial Logistics Properties Trust during the 4th quarter worth about $56,000. BNP Paribas Financial Markets boosted its holdings in shares of Industrial Logistics Properties Trust by 62.8% during the 3rd 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 period. Finally, Silver Oak Securities Incorporated bought a new stake in shares of Industrial Logistics Properties Trust during the 4th quarter worth about $65,000. Institutional investors own 49.08% of the company’s stock.

Industrial Logistics Properties Trust Stock Performance

Shares of ILPT stock opened at $4.01 on Monday. The company has a quick ratio of 4.53, a current ratio of 4.53 and a debt-to-equity ratio of 4.13. Industrial Logistics Properties Trust has a 52 week low of $3.15 and a 52 week high of $5.45. 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 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Monday, January 27th will be issued a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date is Monday, January 27th. 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.