Focus Partners Advisor Solutions LLC Makes New $843,000 Investment in Prologis, Inc. $PLD

Focus Partners Advisor Solutions LLC purchased a new position in shares of Prologis, Inc. (NYSE:PLD) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 6,219 shares of the real estate investment trust’s stock, valued at approximately $843,000.

Several other institutional investors and hedge funds have also modified their holdings of PLD. Kelleher Financial Advisors acquired a new stake in Prologis during the 2nd quarter worth approximately $67,000. EJMK Ventures LLC acquired a new position in shares of Prologis in the second quarter valued at approximately $295,000. Avalon Trust Co bought a new stake in shares of Prologis during the second quarter worth $245,000. TFR Capital LLC. acquired a new stake in shares of Prologis during the second quarter worth $614,000. Finally, One Wealth Advisors LLC acquired a new stake in shares of Prologis during the second quarter worth $329,000. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently weighed in on PLD. Royal Bank Of Canada raised shares of Prologis from a “sector perform” rating to an “outperform” rating and upped their target price for the stock from $148.00 to $160.00 in a research note on Tuesday, August 4th. Mizuho boosted their price target on Prologis from $150.00 to $159.00 and gave the company an “outperform” rating in a report on Friday, July 17th. Bank of America boosted their target price on Prologis from $153.00 to $162.00 and gave the company a “buy” rating in a research note on Monday, April 20th. Wall Street Zen raised Prologis from a “sell” rating to a “hold” rating in a research report on Saturday, July 18th. Finally, Barclays raised their price target on shares of Prologis from $139.00 to $156.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Sixteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, Prologis has a consensus rating of “Moderate Buy” and a consensus target price of $154.57.

Prologis Trading Down 0.3%

Prologis stock opened at $140.61 on Tuesday. The company has a market cap of $131.20 billion, a price-to-earnings ratio of 31.32 and a beta of 1.31. The firm has a 50-day moving average of $143.05 and a 200-day moving average of $140.04. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.70 and a quick ratio of 0.70. Prologis, Inc. has a one year low of $105.42 and a one year high of $153.35.

Prologis (NYSE:PLD) last released its earnings results on Thursday, July 16th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.38. Prologis had a return on equity of 7.29% and a net margin of 45.79%.The business had revenue of $2.43 billion for the quarter, compared to the consensus estimate of $2.16 billion. During the same quarter in the previous year, the business earned $1.46 earnings per share. Prologis’s quarterly revenue was up 11.0% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. On average, equities analysts expect that Prologis, Inc. will post 6.28 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Prologis news, CFO Timothy D. Arndt sold 3,597 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $150.00, for a total transaction of $539,550.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.52% of the stock is currently owned by corporate insiders.

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.