Kevin Phelan Purchases 2,000 Shares of Industrial Logistics Properties Trust (NASDAQ:ILPT) Stock

Posted by Geri Gentry on May 27th, 2026

Industrial Logistics Properties Trust (NASDAQ:ILPT – Get Free Report) Director Kevin Phelan acquired 2,000 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was acquired at an average cost of $8.87 per share, with a total value of $17,740.00. Following the acquisition, the director owned 7,500 shares of the company’s stock, valued at $66,525. This trade represents a 36.36% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Industrial Logistics Properties Trust Stock Performance

Industrial Logistics Properties Trust stock traded down $0.03 during mid-day trading on Wednesday, reaching $8.69. The company’s stock had a trading volume of 455,606 shares, compared to its average volume of 335,157. The firm has a market cap of $579.32 million, a price-to-earnings ratio of -10.60 and a beta of 2.47. The business has a 50 day moving average price of $6.80 and a 200-day moving average price of $6.07. The company has a current ratio of 4.24, a quick ratio of 4.24 and a debt-to-equity ratio of 4.74. Industrial Logistics Properties Trust has a twelve month low of $3.18 and a twelve month high of $8.89.

Industrial Logistics Properties Trust (NASDAQ:ILPT – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The company reported ($0.14) EPS for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.06. The firm had revenue of $116.42 million during the quarter, compared to the consensus estimate of $114.82 million. Industrial Logistics Properties Trust had a negative net margin of 11.93% and a negative return on equity of 5.93%. Sell-side analysts predict that Industrial Logistics Properties Trust will post 1.34 EPS for the current fiscal year.

Industrial Logistics Properties Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Tuesday, April 21st were issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Tuesday, April 21st. Industrial Logistics Properties Trust’s payout ratio is currently -24.39%.

Institutional Investors Weigh In On Industrial Logistics Properties Trust

Institutional investors have recently bought and sold shares of the stock. Quarry LP acquired a new stake in Industrial Logistics Properties Trust in the third quarter worth about $28,000. Advisory Services Network LLC acquired a new stake in Industrial Logistics Properties Trust in the third quarter worth about $34,000. Royal Bank of Canada lifted its holdings in Industrial Logistics Properties Trust by 387.2% in the fourth quarter. Royal Bank of Canada now owns 6,573 shares of the company’s stock worth $36,000 after purchasing an additional 5,224 shares during the period. SteelPeak Wealth LLC bought a new stake in Industrial Logistics Properties Trust in the first quarter worth about $57,000. Finally, Retirement Planning Co of New England Inc. bought a new stake in Industrial Logistics Properties Trust in the fourth quarter worth about $56,000. Institutional investors and hedge funds own 49.08% of the company’s stock.

Analyst Ratings Changes

ILPT has been the subject of several analyst reports. Loop Capital set a $7.40 price target on shares of Industrial Logistics Properties Trust in a report on Tuesday, March 3rd. Wall Street Zen raised shares of Industrial Logistics Properties Trust from a “hold” rating to a “buy” rating in a report on Saturday. Weiss Ratings reissued a “sell (d)” rating on shares of Industrial Logistics Properties Trust in a report on Monday, April 27th. Zacks Research downgraded shares of Industrial Logistics Properties Trust from a “strong-buy” rating to a “hold” rating in a report on Friday, May 1st. Finally, B. Riley Financial reissued a “buy” rating on shares of Industrial Logistics Properties Trust in a report on Thursday, April 23rd. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Industrial Logistics Properties Trust presently has an average rating of “Hold” and an average price target of $7.40.

View Our Latest Stock Report on Industrial Logistics Properties Trust

Industrial Logistics Properties Trust Company Profile

(Get Free Report)

Industrial Logistics Properties Trust (NASDAQ: ILPT) is a real estate investment trust focused on acquiring, owning and operating industrial logistics properties across the United States. The company specializes in modern distribution centers, cross-dock facilities and last-mile delivery hubs designed to support e-commerce, retail, manufacturing and third-party logistics customers. ILPT’s assets are characterized by high ceilings, ample loading docks and clear spans to accommodate a wide range of warehouse functions.

Formed as a spin-off from STAG Industrial, Inc in January 2022, ILPT commenced operations with a portfolio of strategically located facilities and a disciplined acquisition strategy.