Commerzbank Aktiengesellschaft FI Takes Position in Prologis, Inc. $PLD

Commerzbank Aktiengesellschaft FI bought a new stake in shares of Prologis, Inc. (NYSE:PLD) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 13,736 shares of the real estate investment trust’s stock, valued at approximately $1,861,000.

Several other institutional investors have also bought and sold shares of the stock. Norges Bank purchased a new position in Prologis during the 4th quarter worth $1,589,125,000. Cardano Risk Management B.V. raised its holdings in shares of Prologis by 999.3% in the fourth quarter. Cardano Risk Management B.V. now owns 11,228,730 shares of the real estate investment trust’s stock valued at $1,433,460,000 after purchasing an additional 10,207,267 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of Prologis in the second quarter valued at about $742,843,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Prologis during the second quarter valued at about $417,585,000. Finally, Swedbank AB lifted its position in shares of Prologis by 36.2% during the fourth quarter. Swedbank AB now owns 7,664,583 shares of the real estate investment trust’s stock valued at $978,461,000 after purchasing an additional 2,038,329 shares in the last quarter. Institutional investors own 93.50% of the company’s stock.

Prologis Stock Performance

NYSE PLD opened at $140.61 on Tuesday. The firm has a market cap of $131.20 billion, a P/E ratio of 31.32 and a beta of 1.31. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.63. The company’s 50 day moving average is $143.05 and its 200-day moving average is $140.04. Prologis, Inc. has a 12-month low of $105.42 and a 12-month high of $153.35.

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

Insider Activity

In other Prologis news, CFO Timothy D. Arndt sold 3,597 shares of the stock in a transaction 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 filing with the SEC, which is accessible through this link. 0.52% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on PLD shares. Weiss Ratings raised shares of Prologis from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, August 12th. Robert W. Baird set a $140.00 target price on shares of Prologis in a research report on Friday, July 31st. Raymond James Financial initiated coverage on Prologis in a research note on Thursday, June 18th. They issued a “market perform” rating on the stock. DA Davidson increased their price target on Prologis from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. Finally, Royal Bank Of Canada upgraded Prologis from a “sector perform” rating to an “outperform” rating and lifted their price target for the stock from $148.00 to $160.00 in a report on Tuesday, August 4th. Sixteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $154.57.

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.