Quadrature Capital Ltd Invests $86,000 in Industrial Logistics Properties Trust (NASDAQ:ILPT)

Quadrature Capital Ltd purchased a new position in Industrial Logistics Properties Trust (NASDAQ:ILPT) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 18,401 shares of the company’s stock, valued at approximately $86,000.

A number of other institutional investors have also recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Industrial Logistics Properties Trust by 28.1% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 37,652 shares of the company’s stock worth $175,000 after acquiring an additional 8,262 shares during the last quarter. Belpointe Asset Management LLC acquired a new stake in shares of Industrial Logistics Properties Trust in the third quarter worth approximately $58,000. New York Life Investment Management LLC boosted its stake in shares of Industrial Logistics Properties Trust by 20.1% in the fourth quarter. New York Life Investment Management LLC now owns 139,331 shares of the company’s stock worth $655,000 after acquiring an additional 23,356 shares during the last quarter. Principal Financial Group Inc. boosted its stake in shares of Industrial Logistics Properties Trust by 36.7% in the fourth quarter. Principal Financial Group Inc. now owns 89,737 shares of the company’s stock worth $422,000 after acquiring an additional 24,070 shares during the last quarter. Finally, Graham Capital Management L.P. boosted its stake in shares of Industrial Logistics Properties Trust by 38.9% in the third quarter. Graham Capital Management L.P. now owns 114,677 shares of the company’s stock worth $331,000 after acquiring an additional 32,107 shares during the last quarter. 49.08% of the stock is owned by institutional investors and hedge funds.

Industrial Logistics Properties Trust Stock Performance

NASDAQ ILPT opened at $3.68 on Friday. The stock’s fifty day moving average is $3.85 and its two-hundred day moving average is $4.03. The firm has a market capitalization of $242.25 million, a P/E ratio of -2.24 and a beta of 1.80. The company has a debt-to-equity ratio of 3.84, a quick ratio of 4.77 and a current ratio of 4.77. Industrial Logistics Properties Trust has a fifty-two week low of $2.21 and a fifty-two week high of $4.88.

Industrial Logistics Properties Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 16th. Shareholders of record on Monday, April 22nd were paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend was Friday, April 19th. Industrial Logistics Properties Trust’s dividend payout ratio (DPR) is currently -2.44%.

Industrial Logistics Properties Trust 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.