Prologis, Inc. $PLD Shares Bought by MUFG Securities EMEA plc

MUFG Securities EMEA plc raised its position in Prologis, Inc. (NYSE:PLD) by 114.2% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 38,059 shares of the real estate investment trust’s stock after purchasing an additional 20,295 shares during the period. MUFG Securities EMEA plc’s holdings in Prologis were worth $4,859,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Nvwm LLC boosted its stake in shares of Prologis by 6,069.7% during the fourth quarter. Nvwm LLC now owns 15,486 shares of the real estate investment trust’s stock valued at $1,977,000 after acquiring an additional 15,235 shares during the last quarter. Foresight Group Ltd Liability Partnership boosted its stake in shares of Prologis by 240.1% during the third quarter. Foresight Group Ltd Liability Partnership now owns 44,715 shares of the real estate investment trust’s stock valued at $5,109,000 after acquiring an additional 31,567 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Prologis by 3.6% during the third quarter. Envestnet Asset Management Inc. now owns 3,644,875 shares of the real estate investment trust’s stock valued at $417,411,000 after acquiring an additional 126,613 shares during the last quarter. Assetmark Inc. boosted its stake in shares of Prologis by 10.0% during the third quarter. Assetmark Inc. now owns 79,350 shares of the real estate investment trust’s stock valued at $9,087,000 after acquiring an additional 7,217 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D boosted its stake in shares of Prologis by 1.9% during the third quarter. State of New Jersey Common Pension Fund D now owns 754,060 shares of the real estate investment trust’s stock valued at $86,355,000 after acquiring an additional 14,318 shares during the last quarter. Institutional investors and hedge funds own 93.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Morgan Stanley increased their price objective on Prologis from $135.00 to $151.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 26th. Argus increased their target price on Prologis from $135.00 to $152.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. DA Davidson increased their target price on Prologis from $140.00 to $160.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Robert W. Baird increased their target price on Prologis from $133.00 to $136.00 and gave the stock a “neutral” rating in a research report on Friday, April 17th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and set a $157.00 target price on shares of Prologis in a research report on Friday, April 17th. Sixteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $150.52.

Prologis Stock Performance

NYSE PLD opened at $143.80 on Monday. The business’s 50-day moving average price is $139.20 and its 200 day moving average price is $134.17. Prologis, Inc. has a twelve month low of $103.41 and a twelve month high of $147.93. The company has a market capitalization of $134.07 billion, a PE ratio of 36.22, a price-to-earnings-growth ratio of 3.16 and a beta of 1.32. 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 (NYSE:PLD) last released its earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.24. The firm had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.12 billion. Prologis had a return on equity of 6.47% and a net margin of 41.54%.The firm’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.43 earnings per share. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. On average, research analysts predict that Prologis, Inc. will post 6.18 earnings per share for the current year.

Prologis Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be issued 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 is Tuesday, June 16th. Prologis’s dividend payout ratio (DPR) is 107.81%.

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.