Prologis, Inc. $PLD Shares Acquired by Stephens Inc. AR

Stephens Inc. AR boosted its holdings in Prologis, Inc. (NYSE:PLD) by 12.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 53,134 shares of the real estate investment trust’s stock after buying an additional 5,802 shares during the quarter. Stephens Inc. AR’s holdings in Prologis were worth $6,821,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in PLD. Nvwm LLC lifted its stake in shares of Prologis by 6,069.7% in the 4th quarter. Nvwm LLC now owns 15,486 shares of the real estate investment trust’s stock valued at $1,977,000 after purchasing an additional 15,235 shares during the period. Foresight Group Ltd Liability Partnership lifted its stake in shares of Prologis by 240.1% in the 3rd quarter. Foresight Group Ltd Liability Partnership now owns 44,715 shares of the real estate investment trust’s stock valued at $5,109,000 after purchasing an additional 31,567 shares during the period. National Pension Service lifted its stake in shares of Prologis by 2.4% in the 3rd quarter. National Pension Service now owns 2,443,137 shares of the real estate investment trust’s stock valued at $279,788,000 after purchasing an additional 56,272 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of Prologis by 3.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 3,644,875 shares of the real estate investment trust’s stock valued at $417,411,000 after purchasing an additional 126,613 shares during the period. Finally, Assetmark Inc. lifted its stake in shares of Prologis by 10.0% in the 3rd quarter. Assetmark Inc. now owns 79,350 shares of the real estate investment trust’s stock valued at $9,087,000 after purchasing an additional 7,217 shares during the period. Institutional investors and hedge funds own 93.50% of the company’s stock.

Prologis Stock Performance

Shares of Prologis stock opened at $140.50 on Monday. The company has a market capitalization of $130.99 billion, a PE ratio of 35.39, a PEG ratio of 3.10 and a beta of 1.33. Prologis, Inc. has a 12 month low of $103.02 and a 12 month high of $145.44. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.60. The stock’s fifty day simple moving average is $137.01 and its 200 day simple moving average is $132.73.

Prologis (NYSE:PLD) last issued its quarterly earnings data 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. The business had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.12 billion. Prologis had a return on equity of 6.47% and a net margin of 41.54%.The firm’s revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the business posted $1.43 EPS. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. On average, research analysts predict that Prologis, Inc. will post 6.17 EPS for the current year.

Prologis Dividend Announcement

The firm also recently announced 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. This represents a $4.28 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Tuesday, June 16th. Prologis’s dividend payout ratio is presently 107.81%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on PLD. Mizuho increased their price target on Prologis from $143.00 to $150.00 and gave the company an “outperform” rating in a research note on Wednesday, April 22nd. BTIG Research reissued a “buy” rating and issued a $155.00 price target on shares of Prologis in a research note on Wednesday, April 15th. Weiss Ratings raised Prologis from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, May 1st. BNP Paribas Exane increased their price target on Prologis from $140.00 to $150.00 and gave the company an “outperform” rating in a research note on Friday, April 17th. Finally, Royal Bank Of Canada increased their price target on Prologis from $135.00 to $148.00 and gave the company a “sector perform” rating in a research note on Tuesday, April 28th. Sixteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Prologis currently has a consensus rating of “Moderate Buy” and a consensus target price of $149.76.

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.