Prologis, Inc. $PLD Shares Purchased by Quantinno Capital Management LP

Quantinno Capital Management LP boosted its stake in Prologis, Inc. (NYSE:PLDFree Report) by 22.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 232,195 shares of the real estate investment trust’s stock after buying an additional 42,791 shares during the quarter. Quantinno Capital Management LP’s holdings in Prologis were worth $30,692,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of PLD. High Note Wealth LLC raised its holdings in shares of Prologis by 43.9% during the fourth quarter. High Note Wealth LLC now owns 249 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 76 shares during the last quarter. Hibernia Wealth Partners LLC lifted its position in shares of Prologis by 2.5% in the first quarter. Hibernia Wealth Partners LLC now owns 3,070 shares of the real estate investment trust’s stock valued at $406,000 after acquiring an additional 76 shares in the last quarter. Quadrant Private Wealth Management LLC lifted its position in shares of Prologis by 4.4% in the first quarter. Quadrant Private Wealth Management LLC now owns 1,818 shares of the real estate investment trust’s stock valued at $240,000 after acquiring an additional 77 shares in the last quarter. Dakota Community Bank & Trust NA boosted its stake in shares of Prologis by 3.4% in the fourth quarter. Dakota Community Bank & Trust NA now owns 2,398 shares of the real estate investment trust’s stock worth $306,000 after acquiring an additional 79 shares during the last quarter. Finally, Dearborn Partners LLC boosted its stake in shares of Prologis by 4.2% in the fourth quarter. Dearborn Partners LLC now owns 1,969 shares of the real estate investment trust’s stock worth $251,000 after acquiring an additional 79 shares during the last quarter. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Prologis Price Performance

PLD stock opened at $144.94 on Friday. Prologis, Inc. has a 1 year low of $103.41 and a 1 year high of $153.35. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.70 and a quick ratio of 0.51. The firm has a market capitalization of $135.24 billion, a PE ratio of 32.28 and a beta of 1.32. The business has a 50 day simple moving average of $143.78 and a 200-day simple moving average of $139.17.

Prologis (NYSE:PLDGet Free Report) last announced its quarterly earnings data on Thursday, July 16th. The real estate investment trust reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.38. Prologis had a return on equity of 7.29% and a net margin of 45.79%.The firm had revenue of $2.43 billion for the quarter, compared to the consensus estimate of $2.16 billion. During the same quarter last year, the business posted $1.46 earnings per share. The firm’s revenue was up 11.0% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. Equities research analysts anticipate that Prologis, Inc. will post 6.28 earnings per share for the current fiscal year.

Insider Activity

In other Prologis news, CFO Timothy D. Arndt sold 3,597 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $150.00, for a total value of $539,550.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.52% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

PLD has been the subject of several recent research reports. Mizuho increased their price objective on Prologis from $150.00 to $159.00 and gave the company an “outperform” rating in a research note on Friday, July 17th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Prologis in a research note on Wednesday. Argus upped their target price on shares of Prologis from $135.00 to $152.00 and gave the stock a “buy” rating in a report on Friday, April 17th. UBS Group upped their target price on shares of Prologis from $148.00 to $161.00 and gave the stock a “buy” rating in a report on Friday, April 17th. Finally, Wall Street Zen upgraded shares of Prologis from a “sell” rating to a “hold” rating in a research report on Saturday, July 18th. Fifteen investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $154.00.

View Our Latest Analysis on PLD

About Prologis

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding PLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Prologis, Inc. (NYSE:PLDFree Report).

Institutional Ownership by Quarter for Prologis (NYSE:PLD)

Receive News & Ratings for Prologis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prologis and related companies with MarketBeat.com's FREE daily email newsletter.