Plymouth Industrial REIT (NYSE:PLYM) Sees Large Volume Increase – Here’s What Happened

06 Jan 2026, 00:16 by Mitch Edgeman · The Markets Daily

Shares of Plymouth Industrial REIT (NYSE:PLYM – Get Free Report) saw strong trading volume on Monday . 3,248,355 shares changed hands during trading, an increase of 129% from the previous session’s volume of 1,417,516 shares.The stock last traded at $21.9150 and had previously closed at $21.88.

Analysts Set New Price Targets

Several equities analysts have issued reports on PLYM shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Plymouth Industrial REIT in a research report on Wednesday, October 8th. Barclays reduced their price target on shares of Plymouth Industrial REIT from $24.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Monday, October 27th. Industrial Alliance Securities set a $22.00 target price on shares of Plymouth Industrial REIT in a research note on Monday, October 27th. BMO Capital Markets reduced their target price on shares of Plymouth Industrial REIT from $24.00 to $22.00 and set a “market perform” rating on the stock in a research report on Monday, October 27th. Finally, Baird R W cut shares of Plymouth Industrial REIT from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 23rd. One analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Plymouth Industrial REIT currently has a consensus rating of “Hold” and an average target price of $21.40.

View Our Latest Report on PLYM

Plymouth Industrial REIT Stock Performance

The stock’s 50 day moving average is $22.00 and its two-hundred day moving average is $19.99. The firm has a market capitalization of $975.87 million, a P/E ratio of 10.95 and a beta of 1.24. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.13 and a quick ratio of 0.13.

Plymouth Industrial REIT (NYSE:PLYM – Get Free Report) last released its earnings results on Monday, November 10th. The company reported ($1.23) EPS for the quarter, missing analysts’ consensus estimates of $0.47 by ($1.70). The business had revenue of $51.16 million for the quarter, compared to analyst estimates of $49.62 million. Plymouth Industrial REIT had a return on equity of 16.76% and a net margin of 47.78%. As a group, equities analysts anticipate that Plymouth Industrial REIT will post 1.83 earnings per share for the current fiscal year.

Insider Activity

In other Plymouth Industrial REIT news, CEO Jeffrey E. Witherell sold 151,583 shares of the firm’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $21.86, for a total transaction of $3,313,604.38. Following the transaction, the chief executive officer owned 437,682 shares in the company, valued at approximately $9,567,728.52. This trade represents a 25.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP James Connolly sold 59,376 shares of the business’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $21.86, for a total value of $1,297,959.36. Following the transaction, the executive vice president owned 120,236 shares of the company’s stock, valued at $2,628,358.96. The trade was a 33.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.60% of the company’s stock.

Institutional Investors Weigh In On Plymouth Industrial REIT

Large investors have recently bought and sold shares of the company. Adage Capital Partners GP L.L.C. increased its stake in Plymouth Industrial REIT by 29.6% during the 1st quarter. Adage Capital Partners GP L.L.C. now owns 700,000 shares of the company’s stock worth $11,410,000 after purchasing an additional 160,000 shares in the last quarter. BROOKFIELD Corp ON acquired a new stake in shares of Plymouth Industrial REIT during the first quarter worth $3,894,000. Jennison Associates LLC lifted its position in Plymouth Industrial REIT by 3.0% in the 2nd quarter. Jennison Associates LLC now owns 3,645,335 shares of the company’s stock valued at $58,544,000 after acquiring an additional 104,526 shares in the last quarter. Peregrine Capital Management LLC lifted its position in Plymouth Industrial REIT by 10.6% in the 2nd quarter. Peregrine Capital Management LLC now owns 352,648 shares of the company’s stock valued at $5,664,000 after acquiring an additional 33,668 shares in the last quarter. Finally, Public Employees Retirement System of Ohio boosted its stake in Plymouth Industrial REIT by 6.3% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 219,326 shares of the company’s stock worth $3,522,000 after purchasing an additional 13,062 shares during the period. Institutional investors own 92.67% of the company’s stock.

About Plymouth Industrial REIT

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Plymouth Industrial REIT, Inc (NYSE: PLYM) is a real estate investment trust specializing in the acquisition, ownership and management of industrial properties across the United States. The company targets bulk distribution warehouses, last-mile fulfillment centers and light manufacturing facilities that serve leading logistics, e-commerce and manufacturing tenants. Plymouth Industrial REIT focuses on assets located in established industrial markets with strong demand drivers, including proximity to major transportation corridors, ports and population centers.