Bailard Inc. Has $198,000 Holdings in Modiv Industrial, Inc. (NYSE:MDV)

Bailard Inc. raised its stake in shares of Modiv Industrial, Inc. (NYSE:MDV) by 5.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 13,302 shares of the company’s stock after purchasing an additional 715 shares during the period. Bailard Inc. owned approximately 0.14% of Modiv Industrial worth $198,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MDV. Sumitomo Mitsui Trust Group Inc. bought a new stake in shares of Modiv Industrial in the 4th quarter worth $172,000. Barclays PLC purchased a new position in Modiv Industrial during the third quarter worth about $87,000. Geode Capital Management LLC grew its position in Modiv Industrial by 25.3% in the 3rd quarter. Geode Capital Management LLC now owns 91,777 shares of the company’s stock worth $1,543,000 after purchasing an additional 18,549 shares in the last quarter. Nomura Asset Management Co. Ltd. purchased a new stake in Modiv Industrial in the 3rd quarter valued at about $205,000. Finally, State Street Corp lifted its position in shares of Modiv Industrial by 16.3% during the 3rd quarter. State Street Corp now owns 15,135 shares of the company’s stock worth $256,000 after buying an additional 2,121 shares in the last quarter. 8.21% of the stock is owned by institutional investors.

Modiv Industrial Stock Up 7.2 %

MDV stock opened at $15.83 on Thursday. The firm has a market cap of $152.70 million, a PE ratio of -143.91 and a beta of -0.21. The business has a 50 day moving average of $14.89 and a 200-day moving average of $15.81. Modiv Industrial, Inc. has a 12-month low of $13.69 and a 12-month high of $18.11.

Modiv Industrial Company Profile

Modiv Industrial, Inc is an internally managed REIT that is focused on single-tenant net-lease industrial manufacturing real estate. The Company actively acquires critical industrial manufacturing properties with long-term leases to tenants that fuel the national economy and strengthen the nation's supply chains.