Bard Associates Inc. Sells 2,000 Shares of Modiv Industrial, Inc. (NYSE:MDV)

Bard Associates Inc. decreased its stake in shares of Modiv Industrial, Inc. (NYSE:MDV) by 1.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 103,940 shares of the company’s stock after selling 2,000 shares during the period. Bard Associates Inc. owned 1.08% of Modiv Industrial worth $1,556,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Daiwa Securities Group Inc. acquired a new stake in Modiv Industrial during the third quarter worth approximately $45,000. Barclays PLC acquired a new stake in Modiv Industrial during the 3rd quarter worth approximately $87,000. Hollencrest Capital Management bought a new stake in Modiv Industrial in the 3rd quarter valued at $90,000. Sumitomo Mitsui Trust Group Inc. acquired a new position in Modiv Industrial in the 4th quarter valued at $172,000. Finally, Bailard Inc. increased its position in Modiv Industrial by 5.7% during the 4th quarter. Bailard Inc. now owns 13,302 shares of the company’s stock worth $198,000 after buying an additional 715 shares during the period. Institutional investors and hedge funds own 8.21% of the company’s stock.

Modiv Industrial Stock Performance

MDV opened at $15.41 on Tuesday. The stock has a fifty day moving average of $14.90 and a 200-day moving average of $15.80. The company has a market capitalization of $148.62 million, a P/E ratio of -140.06 and a beta of -0.21. Modiv Industrial, Inc. has a fifty-two week low of $13.69 and a fifty-two week high of $18.11.

Modiv Industrial 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.