Natixis Advisors LLC Grows Holdings in Prologis, Inc. $PLD

Natixis Advisors LLC lifted its stake in shares of Prologis, Inc. (NYSE:PLD) by 11.1% in the third quarter, Holdings Channel reports. The institutional investor owned 911,033 shares of the real estate investment trust’s stock after buying an additional 90,890 shares during the quarter. Natixis Advisors LLC’s holdings in Prologis were worth $104,331,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Clayton Financial Group LLC acquired a new stake in Prologis in the third quarter valued at $26,000. Silver Oak Securities Incorporated acquired a new position in Prologis during the 3rd quarter worth $36,000. Rossby Financial LCC increased its position in shares of Prologis by 69.6% in the 3rd quarter. Rossby Financial LCC now owns 329 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 135 shares during the last quarter. AlphaQuest LLC bought a new stake in shares of Prologis in the 3rd quarter worth about $39,000. Finally, Clear Investment Research LLC raised its stake in shares of Prologis by 34.5% in the 3rd quarter. Clear Investment Research LLC now owns 343 shares of the real estate investment trust’s stock valued at $39,000 after purchasing an additional 88 shares in the last quarter. Institutional investors own 93.50% of the company’s stock.

Prologis Trading Down 2.5%

Prologis stock opened at $134.42 on Monday. Prologis, Inc. has a 52-week low of $85.35 and a 52-week high of $143.95. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $124.95 billion, a price-to-earnings ratio of 37.86, a PEG ratio of 3.33 and a beta of 1.41. The firm has a 50-day moving average price of $133.95 and a two-hundred day moving average price of $125.56.

Prologis (NYSE:PLD) last announced its quarterly earnings results on Wednesday, January 21st. The real estate investment trust reported $1.44 EPS for the quarter, meeting the consensus estimate of $1.44. The company had revenue of $2.25 billion for the quarter, compared to analyst estimates of $2.09 billion. Prologis had a net margin of 37.86% and a return on equity of 5.79%. Prologis’s revenue was up 7.8% compared to the same quarter last year. During the same quarter last year, the business earned $1.42 earnings per share. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. Sell-side analysts expect that Prologis, Inc. will post 5.73 earnings per share for the current year.

Prologis Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be given a $1.07 dividend. The ex-dividend date is Tuesday, March 17th. This represents a $4.28 annualized dividend and a yield of 3.2%. This is an increase from Prologis’s previous quarterly dividend of $1.01. Prologis’s payout ratio is 120.56%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on PLD. Morgan Stanley set a $135.00 price target on shares of Prologis in a research report on Friday, January 16th. BMO Capital Markets reissued a “market perform” rating and issued a $123.00 price objective on shares of Prologis in a report on Thursday, January 22nd. Citigroup assumed coverage on Prologis in a research note on Thursday. They set a “buy” rating and a $145.00 price objective on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Prologis in a report on Monday, December 29th. Finally, Wall Street Zen lowered Prologis from a “hold” rating to a “sell” rating in a research report on Saturday, February 7th. Fourteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $137.20.

Prologis Profile

Prologis, Inc is a real estate investment trust (REIT) specializing in logistics and distribution facilities. The company focuses on acquiring, developing, and managing high-quality industrial real estate assets that support supply chain infrastructure for third-party logistics providers, e-commerce businesses, retailers and manufacturers. Its portfolio primarily consists of warehouse and distribution centers designed to optimize goods movement and storage near key transportation hubs.

With a global presence, Prologis serves customers across the Americas, Europe and Asia Pacific.