Prologis, Inc. $PLD Shares Acquired by Caisse Des Depots ET Consignations

Caisse Des Depots ET Consignations raised its holdings in shares of Prologis, Inc. (NYSE:PLD) by 152.2% in the 4th quarter, HoldingsChannel reports. The fund owned 32,071 shares of the real estate investment trust’s stock after buying an additional 19,357 shares during the quarter. Caisse Des Depots ET Consignations’ holdings in Prologis were worth $4,094,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Composition Wealth LLC boosted its position in shares of Prologis by 7.2% in the 4th quarter. Composition Wealth LLC now owns 23,088 shares of the real estate investment trust’s stock valued at $2,947,000 after purchasing an additional 1,544 shares during the period. PFA Pension Forsikringsaktieselskab acquired a new stake in shares of Prologis in the 4th quarter valued at about $97,583,000. Horizon Investments LLC boosted its position in shares of Prologis by 161.0% in the 4th quarter. Horizon Investments LLC now owns 61,656 shares of the real estate investment trust’s stock valued at $7,871,000 after purchasing an additional 38,034 shares during the period. Essex Bank acquired a new stake in shares of Prologis in the 4th quarter valued at about $214,000. Finally, Danske Bank A S boosted its position in shares of Prologis by 11.5% in the 4th quarter. Danske Bank A S now owns 545,844 shares of the real estate investment trust’s stock valued at $69,682,000 after purchasing an additional 56,128 shares during the period. 93.50% of the stock is owned by institutional investors and hedge funds.

Prologis Stock Down 0.3%

Prologis stock opened at $141.53 on Friday. Prologis, Inc. has a twelve month low of $103.02 and a twelve month high of $145.44. The stock has a 50 day moving average of $136.77 and a two-hundred day moving average of $131.39. The company has a current ratio of 0.16, a quick ratio of 0.58 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $131.94 billion, a price-to-earnings ratio of 35.65, a PEG ratio of 3.13 and a beta of 1.34.

Prologis (NYSE:PLD) last posted its quarterly earnings data 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 return on equity of 6.46% and a net margin of 41.54%.The company had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.12 billion. During the same period last year, the firm earned $1.43 EPS. The firm’s revenue for the quarter was up 6.9% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. As a group, research analysts expect that Prologis, Inc. will post 6.17 earnings per share for the current year.

Prologis Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be given 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 (DPR) is presently 107.81%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on PLD shares. Argus upped their target price on Prologis from $135.00 to $152.00 and gave the company a “buy” rating in a research report on Friday, April 17th. BTIG Research reissued a “buy” rating and issued a $155.00 target price on shares of Prologis in a research report on Wednesday, April 15th. Robert W. Baird upped their target price on Prologis from $133.00 to $136.00 and gave the company a “neutral” rating in a research report on Friday, April 17th. Scotiabank upped their target price on Prologis from $146.00 to $154.00 and gave the company an “outperform” rating in a research report on Tuesday, April 21st. Finally, Evercore set a $135.00 target price on Prologis in a research report on Friday, April 17th. Fourteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, Prologis has an average rating of “Moderate Buy” and an average price target of $147.90.

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.