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INDT INDUS Realty Trust

Griffin Industrial Realty, Inc. is a real estate business principally engaged in developing, acquiring, managing and leasing industrial/warehouse properties. Griffin recently completed the sale of an approximately 40,000 square foot office/flex building and currently owns 41 buildings totaling approximately 4.6 million square feet (4.2 million of which is industrial/warehouse space) in Connecticut, Pennsylvania, North Carolina and Florida in addition to over 3,400 acres of undeveloped land.

Company profile

Ticker
INDT
Exchange
Website
CEO
Michael Gamzon
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
GRIFFIN INDUSTRIAL REALTY, INC., GRIFFIN LAND & NURSERIES INC
SEC CIK
IRS number
60868486

INDT stock data

(
)

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

10 May 21
27 Jul 21
31 Dec 21
Quarter (USD)
Mar 21 Nov 20 Aug 20 May 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Nov 20 Nov 19 Nov 18 Nov 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 132.03M 132.03M 132.03M 132.03M 132.03M 132.03M
Cash burn (monthly) (positive/no burn) (positive/no burn) 256K 492.42K (positive/no burn) (positive/no burn)
Cash used (since last report) n/a n/a 994.38K 1.91M n/a n/a
Cash remaining n/a n/a 131.04M 130.12M n/a n/a
Runway (months of cash) n/a n/a 511.9 264.2 n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
16 Jun 21 Small Albert H JR Common Stock Sell Aquire S No No 67.2597 700 47.08K 5,328
16 Jun 21 Bechtel David R RSU Common Stock Grant Aquire A No No 0 668.9 0 668.9
16 Jun 21 Molly North RSU Common Stock Grant Aquire A No No 0 668.9 0 668.9
16 Jun 21 Gordon F Dugan RSU Common Stock Grant Aquire A No No 0 668.9 0 668.9
16 Jun 21 Rose Silverman Amy RSU Common Stock Grant Aquire A No No 0 668.9 0 668.9

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

58.2% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 49 1 +4800.0%
Opened positions 48 1 +4700.0%
Closed positions 0 0
Increased positions 0 0
Reduced positions 0 0
13F shares
Current Prev Q Change
Total value 275.66M 15.98M +1624.9%
Total shares 4.49M 255.7K +1656.8%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
CM Change Industrial 837.92K $55.22M NEW
GBL Gamco Investors 602.14K $36.23M NEW
Gabelli Funds 564.81K $33.98M NEW
Monarch Alternative Capital 560K $33.69M NEW
Gabelli Equity Series Funds 255.7K $15.98M 0.0%
TETAA Teton Advisors 251.29K $15.12M NEW
BLK Blackrock 227.24K $13.67M NEW
Vanguard 204.43K $12.3M NEW
Dimensional Fund Advisors 192.74K $11.6M NEW
Alyeska Investment 125K $7.52M NEW
Largest transactions
Shares Bought/sold Change
CM Change Industrial 837.92K +837.92K NEW
GBL Gamco Investors 602.14K +602.14K NEW
Gabelli Funds 564.81K +564.81K NEW
Monarch Alternative Capital 560K +560K NEW
TETAA Teton Advisors 251.29K +251.29K NEW
BLK Blackrock 227.24K +227.24K NEW
Vanguard 204.43K +204.43K NEW
Dimensional Fund Advisors 192.74K +192.74K NEW
Alyeska Investment 125K +125K NEW
DBRG DigitalBridge 82.27K +82.27K NEW

Financial report summary

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Management Discussion
  • Since March 2020, the world has been impacted by the coronavirus (COVID-19) pandemic, which has created significant economic uncertainty and volatility. The full extent to which the coronavirus pandemic further impacts the Company’s business or impacts the Company’s operations, liquidity and financial results will depend on numerous evolving factors that the Company is not able to predict at this time, including: the duration and scope of the pandemic; governmental, business and individuals’ actions that have been and continue to be taken in response to the pandemic; the availability, adoption and effectiveness of vaccines to combat COVID-19; the impact on economic activity from the pandemic and actions taken in response, including ongoing travel restrictions; the impact on the availability and pricing of certain materials and supplies; the effect on the Company’s tenants and their businesses; the ability of tenants to make their rental payments; any closures of tenants’ facilities; the ability of existing or prospective tenants to evaluate or enter into leases; and the Company’s ability to complete sales and acquisitions of real estate assets or planned construction and development. Any of these events could materially adversely impact the Company’s business, financial condition, results of operations or stock price. Recently, COVID-19 has disrupted the availability, supply and costs of raw materials, particularly the increased cost and decreased availability of structural steel, which could result in an increase in the Company’s cost of construction and a delay in the completion of the Company’s projects. Additionally, as a result of the pandemic there could be a reduction in the Company’s rental revenue, particularly with respect to its office/flex portfolio.
Content analysis
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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. junior Avg
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