ProShare Advisors LLC Raises Position in Prologis, Inc. $PLD

ProShare Advisors LLC increased its position in shares of Prologis, Inc. (NYSE:PLD) by 5.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 203,582 shares of the real estate investment trust’s stock after purchasing an additional 10,738 shares during the period. ProShare Advisors LLC’s holdings in Prologis were worth $25,989,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. boosted its holdings in Prologis by 1.8% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 254,740 shares of the real estate investment trust’s stock valued at $32,520,000 after purchasing an additional 4,471 shares in the last quarter. Stronghold Wealth Management L.L.C. acquired a new stake in shares of Prologis in the 4th quarter valued at approximately $606,000. Pathway Financial Advisers LLC lifted its holdings in shares of Prologis by 0.7% in the 4th quarter. Pathway Financial Advisers LLC now owns 18,589 shares of the real estate investment trust’s stock valued at $2,373,000 after buying an additional 137 shares during the period. Spectrum Strategic Capital Management LLC purchased a new stake in shares of Prologis in the fourth quarter valued at approximately $527,000. Finally, CDM Financial Counseling Services Inc. purchased a new stake in shares of Prologis in the fourth quarter valued at approximately $471,000. 93.50% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

PLD has been the subject of several research analyst reports. Freedom Capital cut Prologis from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 23rd. Mizuho upped their price target on shares of Prologis from $143.00 to $150.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 22nd. UBS Group increased their price target on shares of Prologis from $148.00 to $161.00 and gave the company a “buy” rating in a report on Friday, April 17th. Evercore set a $135.00 price objective on shares of Prologis in a research note on Friday, April 17th. Finally, Wall Street Zen raised shares of Prologis from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Sixteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $149.76.

Prologis Stock Up 1.4%

PLD opened at $144.44 on Thursday. 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 company has a market cap of $134.67 billion, a price-to-earnings ratio of 36.38, a PEG ratio of 3.14 and a beta of 1.33. Prologis, Inc. has a one year low of $103.02 and a one year high of $145.44. The business’s fifty day moving average is $137.45 and its two-hundred day moving average is $133.12.

Prologis (NYSE:PLD) last announced its quarterly earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.24. The business had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.12 billion. Prologis had a return on equity of 6.47% and a net margin of 41.54%.The business’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter last year, the business posted $1.43 earnings per share. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. Analysts anticipate that Prologis, Inc. will post 6.17 EPS for the current fiscal year.

Prologis Dividend Announcement

The firm 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. This represents a $4.28 annualized dividend and a yield of 3.0%. The ex-dividend date is Tuesday, June 16th. Prologis’s dividend payout ratio (DPR) is 107.81%.

Prologis 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.