PFG Investments now owns 0.11% of Innovative Industrial Properties. State Street Corp and Vanguard Group Inc. increased their holdings in Innovative Industrial Properties during the first quarter. Innovative Industrial Properties, Inc. is a self-advised Maryland corporation that acquires, owns, and manages specialized properties leased to experienced, state-licensed operators for their regulated cannabis facilities. Despite the recent increase in institutional investors’ stake in the company, Innovative Industrial Properties stock has shown no significant change in its trading price. Analysts anticipate that Innovative Industrial Properties, Inc. will post $8.19 earnings per share for the current year.

Source: Forbes August 28, 2023 05:18 UTC