Industrial Logistics Properties Trust (ILPT) Set to Announce Earnings on Tuesday

Industrial Logistics Properties Trust (NASDAQ:ILPTGet Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, February 20th. Analysts expect the company to announce earnings of $0.12 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Industrial Logistics Properties Trust Price Performance

ILPT stock opened at $4.12 on Tuesday. The stock has a 50-day moving average price of $4.29 and a two-hundred day moving average price of $3.63. Industrial Logistics Properties Trust has a 12-month low of $1.64 and a 12-month high of $4.98. The company has a current ratio of 3.91, a quick ratio of 3.91 and a debt-to-equity ratio of 3.53. The company has a market cap of $271.26 million, a PE ratio of -2.48 and a beta of 1.73.

Industrial Logistics Properties Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Monday, January 22nd will be given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date is Friday, January 19th. Industrial Logistics Properties Trust’s dividend payout ratio (DPR) is presently -2.41%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Corient Private Wealth LLC boosted its stake in shares of Industrial Logistics Properties Trust by 81.8% in the fourth quarter. Corient Private Wealth LLC now owns 56,269 shares of the company’s stock valued at $264,000 after purchasing an additional 25,322 shares during the period. BNP Paribas Financial Markets raised its holdings in shares of Industrial Logistics Properties Trust by 55,184.5% during the fourth quarter. BNP Paribas Financial Markets now owns 60,813 shares of the company’s stock worth $286,000 after purchasing an additional 60,703 shares during the period. Jacobs Levy Equity Management Inc. acquired a new stake in shares of Industrial Logistics Properties Trust during the third quarter worth $230,000. Tudor Investment Corp Et Al raised its holdings in shares of Industrial Logistics Properties Trust by 97.7% during the third quarter. Tudor Investment Corp Et Al now owns 182,253 shares of the company’s stock worth $527,000 after purchasing an additional 90,062 shares during the period. Finally, AQR Capital Management LLC grew its position in shares of Industrial Logistics Properties Trust by 0.5% during the third quarter. AQR Capital Management LLC now owns 956,071 shares of the company’s stock worth $2,763,000 after acquiring an additional 4,534 shares during the last quarter. 66.98% of the stock is owned by institutional investors and hedge funds.

Industrial Logistics Properties Trust Company Profile

(Get Free Report)

ILPT is a real estate investment trust focused on owning and leasing high quality distribution and logistics properties. As of September 30, 2023, ILPT's portfolio consisted of 413 properties containing approximately 60.0 million rentable square feet located in 39 states. Approximately 77% of ILPT's annualized rental revenues as of September 30, 2023 are derived from investment grade tenants, tenants that are subsidiaries of investment grade rated entities or Hawaii land leases.

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Earnings History for Industrial Logistics Properties Trust (NASDAQ:ILPT)

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