Two Sigma Securities LLC Acquires New Holdings in Prologis, Inc. $PLD

Two Sigma Securities LLC bought a new stake in shares of Prologis, Inc. (NYSE:PLD) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 7,579 shares of the real estate investment trust’s stock, valued at approximately $1,027,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PLD. Sandy Cove Advisors LLC lifted its holdings in shares of Prologis by 1.9% in the second quarter. Sandy Cove Advisors LLC now owns 3,854 shares of the real estate investment trust’s stock valued at $522,000 after purchasing an additional 73 shares in the last quarter. CoreCap Advisors LLC increased its stake in shares of Prologis by 5.0% during the 2nd quarter. CoreCap Advisors LLC now owns 1,538 shares of the real estate investment trust’s stock worth $208,000 after purchasing an additional 73 shares in the last quarter. Boltwood Capital Management raised its position in shares of Prologis by 1.5% during the 2nd quarter. Boltwood Capital Management now owns 5,170 shares of the real estate investment trust’s stock worth $700,000 after purchasing an additional 75 shares during the last quarter. High Note Wealth LLC raised its position in shares of Prologis by 43.9% during the 4th quarter. High Note Wealth LLC now owns 249 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 76 shares during the last quarter. Finally, Hibernia Wealth Partners LLC lifted its stake in Prologis by 2.5% in the 1st quarter. Hibernia Wealth Partners LLC now owns 3,070 shares of the real estate investment trust’s stock valued at $406,000 after buying an additional 76 shares in the last quarter. Institutional investors and hedge funds own 93.50% of the company’s stock.

Prologis Stock Down 0.5%

Shares of NYSE PLD opened at $139.94 on Tuesday. Prologis, Inc. has a 1 year low of $110.51 and a 1 year high of $153.35. The firm’s 50 day moving average price is $142.37 and its 200 day moving average price is $140.61. The firm has a market cap of $130.58 billion, a P/E ratio of 31.17 and a beta of 1.31. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.70 and a current ratio of 0.70.

Prologis (NYSE:PLD) last released its earnings results on Thursday, July 16th. The real estate investment trust reported $1.13 EPS for the quarter, topping the consensus estimate of $0.75 by $0.38. Prologis had a net margin of 45.79% and a return on equity of 7.29%. The firm had revenue of $2.43 billion during the quarter, compared to analysts’ expectations of $2.16 billion. During the same period in the previous year, the company earned $1.46 EPS. Prologis’s revenue for the quarter was up 11.0% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. As a group, sell-side analysts anticipate that Prologis, Inc. will post 6.27 earnings per share for the current year.

Insider Activity at Prologis

In related news, CFO Timothy D. Arndt sold 3,597 shares of the company’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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.52% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have commented on PLD shares. BTIG Research increased their target price on Prologis from $160.00 to $170.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. Robert W. Baird set a $140.00 price target on Prologis in a report on Friday, July 31st. Royal Bank Of Canada upgraded Prologis from a “sector perform” rating to an “outperform” rating and upped their price objective for the company from $148.00 to $160.00 in a research report on Tuesday, August 4th. Raymond James Financial began coverage on Prologis in a research note on Thursday, June 18th. They set a “market perform” rating on the stock. Finally, Weiss Ratings cut Prologis from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, August 26th. Sixteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $154.57.

Prologis Company 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.