Vise Technologies Inc. Acquires 20,395 Shares of Prologis, Inc. $PLD

Vise Technologies Inc. lifted its holdings in shares of Prologis, Inc. (NYSE:PLD) by 471.6% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 24,720 shares of the real estate investment trust’s stock after purchasing an additional 20,395 shares during the period. Vise Technologies Inc.’s holdings in Prologis were worth $3,156,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Nvwm LLC boosted its holdings in Prologis by 6,069.7% in 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 holdings in Prologis by 240.1% in 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. Assetmark Inc. boosted its holdings in Prologis by 10.0% in 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. State of New Jersey Common Pension Fund D boosted its holdings in Prologis by 1.9% in 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. Finally, Murphy Middleton Hinkle & Parker Inc. bought a new position in Prologis in the fourth quarter valued at about $2,581,000. Institutional investors own 93.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on PLD shares. Scotiabank raised their price target on Prologis from $146.00 to $154.00 and gave the company an “outperform” rating in a report on Tuesday, April 21st. Truist Financial raised their price target on Prologis from $139.00 to $154.00 and gave the company a “buy” rating in a report on Friday, April 24th. JPMorgan Chase & Co. raised their price target on Prologis from $141.00 to $157.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Robert W. Baird raised their target price on Prologis from $133.00 to $136.00 and gave the stock a “neutral” rating in a report on Friday, April 17th. Finally, BNP Paribas Exane raised 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. Sixteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $151.86.

Prologis Price Performance

Shares of PLD opened at $144.69 on Friday. 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, Inc. has a 1 year low of $103.41 and a 1 year high of $147.93. The stock has a market cap of $134.90 billion, a P/E ratio of 36.45, a price-to-earnings-growth ratio of 3.18 and a beta of 1.32. The stock’s 50-day moving average price is $140.40 and its two-hundred day moving average price is $134.72.

Prologis (NYSE:PLD) last issued its 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 for the quarter, compared to analysts’ expectations of $2.12 billion. During the same quarter last year, the business earned $1.43 earnings per share. The company’s 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. On average, equities analysts predict that Prologis, Inc. will post 6.18 earnings per share for the current year.

Prologis Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be issued a dividend of $1.07 per share. The ex-dividend date is Tuesday, June 16th. This represents a $4.28 dividend on an annualized basis and a yield of 3.0%. Prologis’s dividend payout ratio (DPR) is 107.81%.

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.