Valeo Financial Advisors LLC Increases Stake in Prologis, Inc. $PLD

Valeo Financial Advisors LLC raised its holdings in Prologis, Inc. (NYSE:PLD) by 2.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 875,127 shares of the real estate investment trust’s stock after acquiring an additional 20,012 shares during the quarter. Prologis comprises approximately 2.3% of Valeo Financial Advisors LLC’s investment portfolio, making the stock its 12th largest holding. Valeo Financial Advisors LLC’s holdings in Prologis were worth $100,220,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of PLD. Clayton Financial Group LLC acquired a new stake in shares of Prologis in the third quarter valued at $26,000. Silver Oak Securities Incorporated purchased a new stake in Prologis during the 3rd quarter worth about $36,000. Barrett & Company Inc. acquired a new stake in Prologis in the 2nd quarter valued at about $44,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Prologis in the 2nd quarter valued at about $44,000. Finally, SJS Investment Consulting Inc. acquired a new position in shares of Prologis during the third quarter worth about $44,000. Institutional investors and hedge funds own 93.50% of the company’s stock.

Prologis Price Performance

Shares of PLD opened at $128.71 on Wednesday. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.19 and a quick ratio of 0.64. Prologis, Inc. has a 1-year low of $85.35 and a 1-year high of $134.94. The stock has a market cap of $119.55 billion, a PE ratio of 37.52, a price-to-earnings-growth ratio of 3.69 and a beta of 1.40. The firm has a fifty day moving average price of $128.54 and a 200 day moving average price of $119.62.

Prologis (NYSE:PLD) last posted its earnings results on Wednesday, January 21st. The real estate investment trust reported $1.44 EPS for the quarter, hitting analysts’ consensus estimates of $1.44. The business had revenue of $2.25 billion for the quarter, compared to analysts’ expectations of $2.09 billion. Prologis had a return on equity of 6.64% and a net margin of 37.86%.The business’s revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.42 earnings per share. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. As a group, sell-side analysts anticipate that Prologis, Inc. will post 5.73 EPS for the current year.

Prologis Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 16th were issued a $1.01 dividend. This represents a $4.04 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Tuesday, December 16th. Prologis’s dividend payout ratio is presently 117.78%.

Wall Street Analyst Weigh In

PLD has been the subject of a number of recent research reports. Citigroup reiterated a “buy” rating on shares of Prologis in a research note on Monday. Freedom Capital lowered shares of Prologis from a “strong-buy” rating to a “hold” rating in a report on Friday, January 23rd. Argus boosted their target price on shares of Prologis from $128.00 to $135.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Robert W. Baird reissued a “neutral” rating and issued a $130.00 target price (up previously from $128.00) on shares of Prologis in a report on Thursday, January 8th. Finally, Mizuho lifted their price target on Prologis from $138.00 to $143.00 and gave the stock an “outperform” rating in a report on Monday. Thirteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $134.22.

Insider Activity

In other news, Director Cristina Gabriela Bita sold 621 shares of Prologis stock in a transaction on Monday, December 1st. The shares were sold at an average price of $127.60, for a total value of $79,239.60. Following the transaction, the director directly owned 8,208 shares of the company’s stock, valued at $1,047,340.80. The trade was a 7.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.57% of the company’s stock.

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.