Orange Investment Advisors Inc. Has $4.23 Million Stock Holdings in Prologis, Inc. $PLD

Orange Investment Advisors Inc. decreased its position in Prologis, Inc. (NYSE:PLD) by 15.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 33,112 shares of the real estate investment trust’s stock after selling 6,025 shares during the period. Orange Investment Advisors Inc.’s holdings in Prologis were worth $4,227,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. High Note Wealth LLC lifted its position in Prologis by 43.9% during the 4th quarter. High Note Wealth LLC now owns 249 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 76 shares during the period. Dakota Community Bank & Trust NA lifted its holdings in Prologis by 3.4% during the fourth quarter. Dakota Community Bank & Trust NA now owns 2,398 shares of the real estate investment trust’s stock worth $306,000 after acquiring an additional 79 shares in the last quarter. Peddock Capital Advisors LLC increased its stake in Prologis by 3.1% during the 4th quarter. Peddock Capital Advisors LLC now owns 2,651 shares of the real estate investment trust’s stock worth $338,000 after purchasing an additional 80 shares in the last quarter. Whittier Trust Co. of Nevada Inc. raised its holdings in Prologis by 0.5% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 16,583 shares of the real estate investment trust’s stock worth $1,941,000 after buying an additional 82 shares during the period. Finally, Foster Dykema Cabot & Partners LLC lifted its stake in Prologis by 1.0% in the third quarter. Foster Dykema Cabot & Partners LLC now owns 8,232 shares of the real estate investment trust’s stock valued at $943,000 after buying an additional 83 shares in the last quarter. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on PLD shares. The Goldman Sachs Group reiterated a “neutral” rating and set a $157.00 target price on shares of Prologis in a report on Friday, April 17th. Argus upped their price target on shares of Prologis from $135.00 to $152.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Bank of America raised their price objective on Prologis from $153.00 to $162.00 and gave the company a “buy” rating in a research report on Monday, April 20th. Wall Street Zen raised Prologis from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, BTIG Research reaffirmed a “buy” rating and set a $155.00 price target on shares of Prologis in a research report on Wednesday, April 15th. Sixteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Prologis presently has a consensus rating of “Moderate Buy” and a consensus target price of $149.76.

Prologis Stock Down 0.1%

Shares of NYSE PLD opened at $144.60 on Friday. The company has a market cap of $134.82 billion, a price-to-earnings ratio of 36.42, a PEG ratio of 3.19 and a beta of 1.33. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.60. Prologis, Inc. has a 12 month low of $103.02 and a 12 month high of $145.44. The stock has a 50-day moving average price of $137.62 and a two-hundred day moving average price of $133.27.

Prologis (NYSE:PLD) last released its quarterly earnings data 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. Prologis had a net margin of 41.54% and a return on equity of 6.47%. The business had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.12 billion. During the same period in the prior year, the company earned $1.43 EPS. The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. As a group, analysts forecast that Prologis, Inc. will post 6.17 earnings per share for the current fiscal year.

Prologis Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be paid a $1.07 dividend. This represents a $4.28 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Tuesday, June 16th. Prologis’s payout ratio is currently 107.81%.

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.