Natixis Advisors LLC Grows Position in Prologis, Inc. $PLD

Natixis Advisors LLC raised its position in shares of Prologis, Inc. (NYSE:PLD) by 4.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 954,485 shares of the real estate investment trust’s stock after buying an additional 43,452 shares during the quarter. Natixis Advisors LLC owned about 0.10% of Prologis worth $121,850,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in PLD. Norges Bank purchased a new position in Prologis during the 4th quarter valued at approximately $1,589,125,000. Swedbank AB boosted its holdings in shares of Prologis by 36.2% in the 4th quarter. Swedbank AB now owns 7,664,583 shares of the real estate investment trust’s stock worth $978,461,000 after purchasing an additional 2,038,329 shares during the period. Bessemer Group Inc. boosted its holdings in shares of Prologis by 8,000.9% in the 4th quarter. Bessemer Group Inc. now owns 1,595,963 shares of the real estate investment trust’s stock worth $203,741,000 after purchasing an additional 1,576,262 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Prologis by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 123,323,290 shares of the real estate investment trust’s stock worth $15,743,451,000 after purchasing an additional 1,258,407 shares during the period. Finally, Amundi boosted its holdings in shares of Prologis by 22.0% in the 3rd quarter. Amundi now owns 5,651,563 shares of the real estate investment trust’s stock worth $661,968,000 after purchasing an additional 1,020,819 shares during the period. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Prologis Price Performance

Shares of PLD stock opened at $140.25 on Wednesday. Prologis, Inc. has a 52-week low of $103.41 and a 52-week high of $147.93. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.51 and a current ratio of 0.51. The firm has a market capitalization of $130.76 billion, a P/E ratio of 35.33, a P/E/G ratio of 3.06 and a beta of 1.32. The stock has a 50 day moving average price of $139.36 and a 200 day moving average price of $134.26.

Prologis (NYSE:PLD) last issued its quarterly earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.24. Prologis had a return on equity of 6.47% and a net margin of 41.54%.The firm had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.12 billion. During the same period last year, the company earned $1.43 EPS. Prologis’s quarterly revenue was up 6.9% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. As a group, sell-side analysts predict that Prologis, Inc. will post 6.18 earnings per share for the current year.

Prologis Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th will be paid a dividend of $1.07 per share. This represents a $4.28 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Tuesday, June 16th. Prologis’s dividend payout ratio (DPR) is currently 107.81%.

Analysts Set New Price Targets

A number of brokerages have recently commented on PLD. BNP Paribas Exane lifted their target price on Prologis from $140.00 to $150.00 and gave the stock an “outperform” rating in a report on Friday, April 17th. Jefferies Financial Group dropped their target price on Prologis from $157.00 to $155.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Royal Bank Of Canada lifted their target price on Prologis from $135.00 to $148.00 and gave the stock a “sector perform” rating in a report on Tuesday, April 28th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $157.00 target price on shares of Prologis in a report on Friday, April 17th. Finally, BTIG Research reiterated a “buy” rating and issued a $155.00 target price on shares of Prologis in a report on Wednesday, April 15th. Sixteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Prologis has an average rating of “Moderate Buy” and a consensus price target of $151.86.

About Prologis

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.