Industrial Logistics Properties Trust (NASDAQ:ILPT - Free Report) - Equities researchers at B. Riley lowered their FY2025 earnings per share (EPS) estimates for Industrial Logistics Properties Trust in a research report issued on Monday, August 4th. B. Riley analyst J. Massocca now expects that the company will post earnings per share of $0.86 for the year, down from their prior forecast of $0.99. B. Riley has a "Strong-Buy" rating on the stock. B. Riley also issued estimates for Industrial Logistics Properties Trust's Q4 2025 earnings at $0.18 EPS, Q3 2026 earnings at $0.27 EPS, Q4 2026 earnings at $0.21 EPS and FY2026 earnings at $1.02 EPS.
Industrial Logistics Properties Trust Stock Up 0.2%
ILPT stock traded up $0.01 during mid-day trading on Tuesday, reaching $5.71. The company had a trading volume of 545,886 shares, compared to its average volume of 617,778. The company has a debt-to-equity ratio of 4.43, a current ratio of 4.13 and a quick ratio of 4.13. The stock has a 50 day simple moving average of $4.80 and a two-hundred day simple moving average of $3.88. The company has a market capitalization of $378.80 million, a price-to-earnings ratio of -4.08 and a beta of 2.33. Industrial Logistics Properties Trust has a 52 week low of $2.45 and a 52 week high of $6.23.
Industrial Logistics Properties Trust Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, August 14th. Shareholders of record on Monday, July 21st will be paid a $0.05 dividend. This is a positive change from Industrial Logistics Properties Trust's previous quarterly dividend of $0.01. This represents a $0.20 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Monday, July 21st. Industrial Logistics Properties Trust's dividend payout ratio is -14.29%.
Insider Buying and Selling
In related news, Director Kevin C. Phelan purchased 5,000 shares of the firm's stock in a transaction on Thursday, July 31st. The stock was purchased at an average cost of $5.43 per share, for a total transaction of $27,150.00. Following the completion of the purchase, the director directly owned 15,500 shares in the company, valued at $84,165. This trade represents a 47.62% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Joseph Morea bought 20,000 shares of Industrial Logistics Properties Trust stock in a transaction dated Friday, May 30th. The shares were acquired at an average price of $3.31 per share, with a total value of $66,200.00. Following the completion of the purchase, the director directly owned 112,191 shares in the company, valued at $371,352.21. This trade represents a 21.69% increase in their position. The disclosure for this purchase can be found here. 1.80% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Nantahala Capital Management LLC boosted its stake in shares of Industrial Logistics Properties Trust by 18.9% during the 1st quarter. Nantahala Capital Management LLC now owns 2,506,244 shares of the company's stock worth $8,621,000 after acquiring an additional 398,351 shares during the period. CastleKnight Management LP boosted its stake in Industrial Logistics Properties Trust by 22.9% in the 4th quarter. CastleKnight Management LP now owns 1,818,213 shares of the company's stock valued at $6,636,000 after purchasing an additional 338,435 shares during the period. D. E. Shaw & Co. Inc. boosted its stake in Industrial Logistics Properties Trust by 1.3% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 1,574,742 shares of the company's stock valued at $5,748,000 after purchasing an additional 19,995 shares during the period. Union Square Park Capital Management LLC boosted its stake in Industrial Logistics Properties Trust by 40.1% in the 4th quarter. Union Square Park Capital Management LLC now owns 1,200,000 shares of the company's stock valued at $4,380,000 after purchasing an additional 343,749 shares during the period. Finally, Russell Investments Group Ltd. boosted its stake in Industrial Logistics Properties Trust by 7,332.3% in the 1st quarter. Russell Investments Group Ltd. now owns 853,230 shares of the company's stock valued at $2,935,000 after purchasing an additional 841,750 shares during the period. 49.08% of the stock is currently owned by institutional investors.
About Industrial Logistics Properties Trust
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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.
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