Goldman Sachs Group Inc. Takes Position in Plymouth Industrial REIT, Inc. (PLYM)

Goldman Sachs Group Inc. bought a new position in shares of Plymouth Industrial REIT, Inc. (NYSEAMERICAN:PLYM) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 14,500 shares of the company’s stock, valued at approximately $272,000. Goldman Sachs Group Inc. owned approximately 4.38% of Plymouth Industrial REIT at the end of the most recent reporting period.

Separately, BB&T Securities LLC bought a new position in Plymouth Industrial REIT during the 2nd quarter worth about $252,000.

Separately, Zacks Investment Research cut shares of Plymouth Industrial REIT from a “buy” rating to a “sell” rating in a report on Friday.

TRADEMARK VIOLATION WARNING: This news story was originally posted by Sports Perspectives and is owned by of Sports Perspectives. If you are reading this news story on another domain, it was illegally copied and republished in violation of U.S. & international trademark and copyright law. The legal version of this news story can be accessed at https://sportsperspectives.com/2017/11/19/goldman-sachs-group-inc-takes-position-in-plymouth-industrial-reit-inc-plym.html.

Shares of Plymouth Industrial REIT, Inc. (PLYM) opened at $18.40 on Friday. Plymouth Industrial REIT, Inc. has a 1-year low of $16.50 and a 1-year high of $19.00.

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 31st. Stockholders of record on Saturday, September 30th were issued a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 8.15%. The ex-dividend date of this dividend was Thursday, September 28th. Plymouth Industrial REIT’s dividend payout ratio is currently -61.22%.

Plymouth Industrial REIT Profile

Plymouth Industrial REIT, Inc, formerly Plymouth Opportunity REIT, Inc, is a self-administered and self-managed real estate investment trust. The Company primarily focused on single-tenant industrial properties and multi-tenant industrial properties. The Company also focused on the acquisition, ownership and management of single-and multi-tenant class B industrial properties, including distribution centers, warehouses and light industrial properties, primarily located in secondary and select primary markets across the Eastern half of the United States and Texas.

Want to see what other hedge funds are holding PLYM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Plymouth Industrial REIT, Inc. (NYSEAMERICAN:PLYM).

Receive News & Ratings for Plymouth Industrial REIT Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Plymouth Industrial REIT Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply