Deutsche Bank AG Grows Holdings in Prologis, Inc. $PLD

Deutsche Bank AG raised its position in Prologis, Inc. (NYSE:PLD) by 3.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,358,856 shares of the real estate investment trust’s stock after purchasing an additional 268,345 shares during the period. Deutsche Bank AG’s holdings in Prologis were worth $939,432,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Portfolio Design Labs LLC increased its stake in shares of Prologis by 2.7% during the 4th quarter. Portfolio Design Labs LLC now owns 10,991 shares of the real estate investment trust’s stock valued at $1,403,000 after acquiring an additional 287 shares during the last quarter. North Dallas Bank & Trust Co. acquired a new position in shares of Prologis during the 4th quarter valued at about $349,000. Westerkirk Capital Inc. acquired a new position in shares of Prologis during the 4th quarter valued at about $3,281,000. BLI Banque de Luxembourg Investments acquired a new position in shares of Prologis during the 4th quarter valued at about $4,773,000. Finally, Commonwealth Retirement Investments LLC acquired a new position in shares of Prologis during the 4th quarter valued at about $37,000. Institutional investors and hedge funds own 93.50% of the company’s stock.

Prologis Stock Up 3.3%

PLD opened at $147.48 on Wednesday. The firm has a 50 day moving average price of $141.04 and a 200 day moving average price of $135.11. The company has a market cap of $137.50 billion, a PE ratio of 37.15, a price-to-earnings-growth ratio of 3.14 and a beta of 1.32. Prologis, Inc. has a 1 year low of $103.41 and a 1 year high of $148.29. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.51 and a current ratio of 0.51.

Prologis (NYSE:PLD) last posted its earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.24. The firm had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.12 billion. Prologis had a net margin of 41.54% and a return on equity of 6.47%. The company’s revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.43 EPS. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. Sell-side analysts expect that Prologis, Inc. will post 6.18 earnings per share for the current year.

Prologis Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be given a $1.07 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $4.28 annualized dividend and a yield of 2.9%. Prologis’s dividend payout ratio (DPR) is 107.81%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on PLD. BNP Paribas Exane upped their price objective on shares of Prologis from $140.00 to $150.00 and gave the company an “outperform” rating in a research note on Friday, April 17th. BMO Capital Markets raised shares of Prologis from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $137.00 to $162.00 in a research note on Thursday, May 7th. Morgan Stanley upped their price objective on shares of Prologis from $135.00 to $151.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 26th. Mizuho upped their price objective on shares of Prologis from $143.00 to $150.00 and gave the company an “outperform” rating in a research note on Wednesday, April 22nd. Finally, Bank of America upped their price objective on shares of Prologis from $153.00 to $162.00 and gave the company a “buy” rating in a research note on Monday, April 20th. Sixteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Prologis presently has an average rating of “Moderate Buy” and a consensus price target of $151.86.

About Prologis

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.