Jane Street Group LLC Purchases Shares of 164,723 Industrial Logistics Properties Trust (NASDAQ:ILPT)

Jane Street Group LLC purchased a new stake in Industrial Logistics Properties Trust (NASDAQ:ILPT) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 164,723 shares of the company’s stock, valued at approximately $784,000. Jane Street Group LLC owned approximately 0.25% of Industrial Logistics Properties Trust at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of ILPT. State Street Corp boosted its position in Industrial Logistics Properties Trust by 21.0% during the 3rd quarter. State Street Corp now owns 997,661 shares of the company’s stock worth $4,749,000 after acquiring an additional 173,230 shares during the last quarter. Centiva Capital LP acquired a new stake in shares of Industrial Logistics Properties Trust in the third quarter valued at approximately $138,000. MetLife Investment Management LLC lifted its position in shares of Industrial Logistics Properties Trust by 42.9% in the third quarter. MetLife Investment Management LLC now owns 26,326 shares of the company’s stock worth $125,000 after purchasing an additional 7,901 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in 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 purchasing an additional 6,785 shares during the last quarter. Finally, FMR LLC grew its position in Industrial Logistics Properties Trust by 16.9% in the third quarter. FMR LLC now owns 25,067 shares of the company’s stock valued at $119,000 after purchasing an additional 3,632 shares in the last quarter. 49.08% of the stock is owned by institutional investors and hedge funds.

Industrial Logistics Properties Trust Trading Down 0.8 %

Shares of NASDAQ:ILPT opened at $3.62 on Friday. The company’s 50-day moving average price is $3.65 and its two-hundred day moving average price is $4.21. Industrial Logistics Properties Trust has a one year low of $3.15 and a one year high of $5.45. The company has a debt-to-equity ratio of 4.13, a current ratio of 4.53 and a quick ratio of 4.53. The stock has a market capitalization of $239.44 million, a PE ratio of -2.31 and a beta of 1.83.

Industrial Logistics Properties Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, November 14th. Investors of record on Monday, October 28th were issued a dividend of $0.01 per share. The ex-dividend date was Monday, October 28th. This represents a $0.04 annualized dividend and a yield of 1.10%. Industrial Logistics Properties Trust’s payout ratio is presently -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.