Householder Group Estate & Retirement Specialist LLC Sells 7,406 Shares of Industrial Logistics Properties Trust (NASDAQ:ILPT)

Householder Group Estate & Retirement Specialist LLC cut its holdings in shares of Industrial Logistics Properties Trust (NASDAQ:ILPT) by 1.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 530,284 shares of the company’s stock after selling 7,406 shares during the period. Industrial Logistics Properties Trust comprises approximately 1.4% of Householder Group Estate & Retirement Specialist LLC’s investment portfolio, making the stock its 14th biggest position. Householder Group Estate & Retirement Specialist LLC’s holdings in Industrial Logistics Properties Trust were worth $1,935,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. FMR LLC grew its holdings in shares of Industrial Logistics Properties Trust by 16.9% during 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 last quarter. BNP Paribas Financial Markets grew its stake in shares of 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 grew its stake in shares of 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 increased its holdings in shares of Industrial Logistics Properties Trust by 1.1% during the second quarter. Dimensional Fund Advisors LP now owns 839,912 shares of the company’s stock worth $3,091,000 after buying an additional 9,382 shares in the last quarter. Finally, DigitalBridge Group Inc. lifted its stake in shares of Industrial Logistics Properties Trust by 2.8% in the 2nd quarter. DigitalBridge Group Inc. now owns 396,243 shares of the company’s stock valued at $1,458,000 after acquiring 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 Performance

Shares of ILPT stock opened at $3.58 on Friday. Industrial Logistics Properties Trust has a twelve month low of $3.15 and a twelve month high of $5.45. The stock’s fifty day simple moving average is $3.61 and its 200 day simple moving average is $4.21. The company has a quick ratio of 4.53, a current ratio of 4.53 and a debt-to-equity ratio of 4.13. The firm has a market capitalization of $236.78 million, a P/E ratio of -2.28 and a beta of 1.83.

Industrial Logistics Properties Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Monday, January 27th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 1.12%. The ex-dividend date is Monday, January 27th. Industrial Logistics Properties Trust’s dividend payout ratio (DPR) is currently -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.