Jane Street Group LLC Makes New $784,000 Investment in Industrial Logistics Properties Trust (NASDAQ:ILPT)

Jane Street Group LLC acquired a new position in shares of Industrial Logistics Properties Trust (NASDAQ:ILPT - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 164,723 shares of the company's stock, valued at approximately $784,000. Jane Street Group LLC owned about 0.25% of Industrial Logistics Properties Trust as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ILPT. Renaissance Technologies LLC lifted its stake in shares of Industrial Logistics Properties Trust by 162.9% in the 2nd quarter. Renaissance Technologies LLC now owns 454,300 shares of the company's stock valued at $1,672,000 after purchasing an additional 281,500 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in Industrial Logistics Properties Trust during the second quarter worth about $741,000. State Street Corp increased its position in shares of Industrial Logistics Properties Trust by 21.0% during the third quarter. State Street Corp now owns 997,661 shares of the company's stock valued at $4,749,000 after acquiring an additional 173,230 shares during the last quarter. Deerfield Management Company L.P. Series C purchased a new stake in shares of Industrial Logistics Properties Trust in the 2nd quarter valued at approximately $542,000. Finally, Macroview Investment Management LLC acquired a new position in shares of Industrial Logistics Properties Trust in the 3rd quarter worth approximately $527,000. Institutional investors and hedge funds own 49.08% of the company's stock.

Industrial Logistics Properties Trust Trading Up 1.7 %

NASDAQ ILPT traded up $0.06 on Friday, reaching $3.68. The stock had a trading volume of 227,046 shares, compared to its average volume of 217,723. 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 stock has a fifty day moving average price of $3.65 and a two-hundred day moving average price of $4.21. Industrial Logistics Properties Trust has a 12-month low of $3.15 and a 12-month high of $5.45. The firm has a market capitalization of $243.41 million, a price-to-earnings ratio of -2.34 and a beta of 1.83.

Industrial Logistics Properties Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 14th. Investors of record on Monday, October 28th were issued a $0.01 dividend. The ex-dividend date of this dividend was Monday, October 28th. This represents a $0.04 annualized dividend and a dividend yield of 1.09%. Industrial Logistics Properties Trust's dividend 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.