Prologis, Inc. $PLD Shares Purchased by IFM Investors Pty Ltd

IFM Investors Pty Ltd increased its position in shares of Prologis, Inc. (NYSE:PLD) by 1.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 328,900 shares of the real estate investment trust’s stock after acquiring an additional 4,361 shares during the quarter. IFM Investors Pty Ltd’s holdings in Prologis were worth $41,987,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of PLD. High Note Wealth LLC increased its position in shares of Prologis by 43.9% during the 4th quarter. High Note Wealth LLC now owns 249 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 76 shares in the last quarter. Dakota Community Bank & Trust NA increased its position in shares of Prologis by 3.4% during the 4th quarter. Dakota Community Bank & Trust NA now owns 2,398 shares of the real estate investment trust’s stock worth $306,000 after purchasing an additional 79 shares in the last quarter. Dearborn Partners LLC increased its position in Prologis by 4.2% in the 4th quarter. Dearborn Partners LLC now owns 1,969 shares of the real estate investment trust’s stock valued at $251,000 after acquiring an additional 79 shares in the last quarter. Peddock Capital Advisors LLC increased its position in Prologis by 3.1% in the 4th quarter. Peddock Capital Advisors LLC now owns 2,651 shares of the real estate investment trust’s stock valued at $338,000 after acquiring an additional 80 shares in the last quarter. Finally, Foster Dykema Cabot & Partners LLC increased its position in Prologis by 1.0% in the 3rd quarter. Foster Dykema Cabot & Partners LLC now owns 8,232 shares of the real estate investment trust’s stock valued at $943,000 after acquiring an additional 83 shares in the last quarter. Institutional investors and hedge funds own 93.50% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. BTIG Research restated a “buy” rating and issued a $155.00 price objective on shares of Prologis in a research report on Wednesday, April 15th. Jefferies Financial Group lowered their price objective on shares of Prologis from $157.00 to $155.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Argus raised their price objective on shares of Prologis from $135.00 to $152.00 and gave the company a “buy” rating in a research report on Friday, April 17th. UBS Group raised their price objective on shares of Prologis from $148.00 to $161.00 and gave the company a “buy” rating in a research report on Friday, April 17th. Finally, Robert W. Baird raised their price objective on shares of Prologis from $133.00 to $136.00 and gave the company a “neutral” rating in a research report on Friday, April 17th. Sixteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $151.86.

Prologis Stock Up 1.2%

Shares of NYSE:PLD opened at $147.49 on Friday. Prologis, Inc. has a one year low of $103.41 and a one year high of $148.46. The company has a 50 day moving average of $141.69 and a 200-day moving average of $135.42. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.51 and a quick ratio of 0.51. The stock has a market cap of $137.51 billion, a price-to-earnings ratio of 37.15, a P/E/G ratio of 3.21 and a beta of 1.32.

Prologis (NYSE:PLD) last issued its quarterly earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 EPS for the quarter, topping the consensus estimate of $0.81 by $0.24. Prologis had a net margin of 41.54% and a return on equity of 6.47%. The company had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.12 billion. During the same quarter in the previous year, the company earned $1.43 EPS. Prologis’s revenue was up 6.9% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. On average, sell-side analysts forecast 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. Investors of record on Tuesday, June 16th will be paid a dividend of $1.07 per share. 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 presently 107.81%.

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.