Nvwm LLC Acquires 15,235 Shares of Prologis, Inc. $PLD

Nvwm LLC grew its holdings in Prologis, Inc. (NYSE:PLDFree Report) by 6,069.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 15,486 shares of the real estate investment trust’s stock after purchasing an additional 15,235 shares during the quarter. Nvwm LLC’s holdings in Prologis were worth $1,977,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Clayton Financial Group LLC acquired a new stake in shares of Prologis in the third quarter valued at $26,000. True Wealth Design LLC lifted its position in Prologis by 87.1% during the 4th quarter. True Wealth Design LLC now owns 262 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 122 shares in the last quarter. FNY Investment Advisers LLC bought a new stake in Prologis during the 4th quarter worth about $38,000. Beacon Financial Strategies CORP bought a new stake in Prologis during the 4th quarter worth about $40,000. Finally, Silver Oak Securities Incorporated acquired a new stake in Prologis in the 3rd quarter valued at about $36,000. Institutional investors own 93.50% of the company’s stock.

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Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. BTIG Research boosted their target price on shares of Prologis from $134.00 to $155.00 and gave the stock a “buy” rating in a research note on Wednesday, December 31st. Citigroup began coverage on shares of Prologis in a research note on Thursday, March 5th. They set a “buy” rating and a $145.00 price target on the stock. Jefferies Financial Group raised their price target on shares of Prologis from $146.00 to $157.00 and gave the company a “buy” rating in a report on Friday, February 20th. Robert W. Baird restated a “neutral” rating and issued a $130.00 price objective (up from $128.00) on shares of Prologis in a research report on Thursday, January 8th. Finally, Scotiabank raised Prologis from a “sector perform” rating to a “sector outperform” rating and upped their price objective for the stock from $133.00 to $146.00 in a report on Wednesday, January 14th. Fourteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $137.20.

Get Our Latest Analysis on Prologis

Prologis Stock Performance

Prologis stock opened at $133.91 on Friday. The company has a market cap of $124.84 billion, a PE ratio of 37.72, a PEG ratio of 3.16 and a beta of 1.40. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.61. Prologis, Inc. has a 1 year low of $85.35 and a 1 year high of $143.95. The company’s 50-day moving average is $134.93 and its two-hundred day moving average is $128.16.

Prologis (NYSE:PLDGet Free Report) last announced its quarterly earnings data on Wednesday, January 21st. The real estate investment trust reported $1.44 earnings per share for the quarter, meeting the consensus estimate of $1.44. Prologis had a net margin of 37.86% and a return on equity of 5.79%. The business had revenue of $2.25 billion for the quarter, compared to analyst estimates of $2.09 billion. During the same period in the prior year, the business posted $1.42 earnings per share. Prologis’s revenue was up 7.8% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. Equities analysts anticipate that Prologis, Inc. will post 5.73 earnings per share for the current year.

Prologis Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th were given a $1.07 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $4.28 annualized dividend and a dividend yield of 3.2%. This is an increase from Prologis’s previous quarterly dividend of $1.01. Prologis’s dividend payout ratio is 120.56%.

Prologis Profile

(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.

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Institutional Ownership by Quarter for Prologis (NYSE:PLD)

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