Orion Porfolio Solutions LLC Has $10.32 Million Stock Holdings in Prologis, Inc. $PLD

Orion Porfolio Solutions LLC raised its position in Prologis, Inc. (NYSE:PLD) by 5.7% during the third quarter, Holdings Channel reports. The institutional investor owned 90,068 shares of the real estate investment trust’s stock after buying an additional 4,861 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in Prologis were worth $10,315,000 at the end of the most recent quarter.

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

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. The Goldman Sachs Group raised their price objective on shares of Prologis from $137.00 to $148.00 and gave the company a “neutral” rating in a research note on Monday, February 9th. BNP Paribas Exane raised their price target on Prologis from $129.00 to $140.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 21st. UBS Group upped their price objective on Prologis from $144.00 to $148.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Morgan Stanley set a $135.00 target price on Prologis in a research note on Friday, January 16th. Finally, Citigroup initiated coverage on Prologis in a research report on Thursday. They set a “buy” rating and a $145.00 target price for the company. Fourteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $137.20.

Prologis Stock Performance

Shares of Prologis stock opened at $137.73 on Friday. The stock’s fifty day simple moving average is $133.84 and its 200 day simple moving average is $125.15. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $128.03 billion, a PE ratio of 38.80, a PEG ratio of 3.45 and a beta of 1.41. Prologis, Inc. has a 12 month low of $85.35 and a 12 month high of $143.95.

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

Prologis Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be paid a $1.07 dividend. The ex-dividend date of this dividend is Tuesday, March 17th. This is an increase from Prologis’s previous quarterly dividend of $1.01. This represents a $4.28 dividend on an annualized basis and a yield of 3.1%. Prologis’s payout ratio is presently 113.80%.

Prologis Company 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.