LM Advisors LLC Has $64,000 Stock Holdings in Prologis, Inc. $PLD

LM Advisors LLC lessened its stake in shares of Prologis, Inc. (NYSE:PLD) by 87.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 500 shares of the real estate investment trust’s stock after selling 3,406 shares during the quarter. LM Advisors LLC’s holdings in Prologis were worth $64,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Ares Financial Consulting LLC acquired a new stake in shares of Prologis during the 4th quarter worth about $26,000. High Point Wealth Management LLC bought a new position in Prologis during the fourth quarter worth about $26,000. Eagle Bay Advisors LLC bought a new position in Prologis during the fourth quarter worth about $27,000. SouthState Bank Corp increased its position in Prologis by 73.1% during the fourth quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 95 shares during the period. Finally, Hilton Head Capital Partners LLC bought a new position in Prologis during the fourth quarter worth about $29,000. Institutional investors and hedge funds own 93.50% of the company’s stock.

Prologis Price Performance

Shares of NYSE:PLD opened at $148.49 on Friday. The firm has a 50 day moving average of $141.99 and a 200-day moving average of $135.51. Prologis, Inc. has a 12 month low of $103.41 and a 12 month high of $149.70. 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 has a market capitalization of $138.44 billion, a PE ratio of 37.40, a PEG ratio of 3.27 and a beta of 1.32.

Prologis (NYSE:PLD) last issued its quarterly earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share 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 company had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.12 billion. During the same quarter in the prior year, the firm posted $1.43 EPS. The firm’s quarterly revenue was up 6.9% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. On average, equities research analysts predict that Prologis, Inc. will post 6.18 EPS for the current fiscal year.

Prologis Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be issued a dividend of $1.07 per share. This represents a $4.28 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Tuesday, June 16th. Prologis’s dividend payout ratio is 107.81%.

Wall Street Analyst Weigh In

A number of research firms recently commented on PLD. BNP Paribas Exane raised their price target on shares of Prologis from $140.00 to $150.00 and gave the stock an “outperform” rating in a research report on Friday, April 17th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $157.00 price target on shares of Prologis in a research report on Friday, April 17th. Bank of America raised their price target on shares of Prologis from $153.00 to $162.00 and gave the stock a “buy” rating in a research report on Monday, April 20th. Wall Street Zen raised shares of Prologis from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, BMO Capital Markets raised shares of Prologis from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $137.00 to $162.00 in a research report on Thursday, May 7th. Sixteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $151.86.

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.