Royal Fund Management LLC Sells 6,302 Shares of Prologis, Inc. $PLD

Royal Fund Management LLC cut its stake in Prologis, Inc. (NYSE:PLD) by 43.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,204 shares of the real estate investment trust’s stock after selling 6,302 shares during the period. Royal Fund Management LLC’s holdings in Prologis were worth $1,047,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. D.A. Davidson & CO. raised its holdings in shares of Prologis by 16.7% during the 3rd quarter. D.A. Davidson & CO. now owns 587,157 shares of the real estate investment trust’s stock valued at $67,241,000 after buying an additional 83,966 shares in the last quarter. Foresight Group Ltd Liability Partnership boosted its stake 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 worth $5,109,000 after buying an additional 31,567 shares in the last quarter. National Pension Service grew its position in Prologis by 2.4% during the third quarter. National Pension Service now owns 2,443,137 shares of the real estate investment trust’s stock valued at $279,788,000 after acquiring an additional 56,272 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Prologis by 3.6% during the third quarter. Envestnet Asset Management Inc. now owns 3,644,875 shares of the real estate investment trust’s stock valued at $417,411,000 after acquiring an additional 126,613 shares during the last quarter. Finally, Assetmark Inc. raised its stake in shares of Prologis by 10.0% during the third quarter. Assetmark Inc. now owns 79,350 shares of the real estate investment trust’s stock worth $9,087,000 after acquiring an additional 7,217 shares in the last quarter. Institutional investors own 93.50% of the company’s stock.

Trending Headlines about Prologis

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Prologis expanded and restated its global senior credit facilities on March 26, boosting liquidity and reducing near‑term refinancing risk — a clear positive for funding its logistics development pipeline and supporting balance‑sheet resilience. Prologis Expands Global Credit Facility to Enhance Liquidity
• Neutral Sentiment: Market coverage from outlets (MarketWatch/Yahoo/Zacks) highlights that the stock rose today but continues to underperform the broader market — indicating cautious investor sentiment despite the uptick. Prologis Inc. stock rises Tuesday, still underperforms market
• Neutral Sentiment: News wires reported the intraday ascent (coverage repeated by Yahoo Finance and Zacks), reinforcing that short‑term momentum is present but not yet a clear trend reversal. Prologis (PLD) Ascends But Remains Behind Market: Some Facts to Note
• Neutral Sentiment: BMO Capital raised its price target to $137 from $123 while keeping a Market Perform rating, a modestly constructive signal (higher target) but with a cautious stance retained by the analyst. How the Street Sees Prologis, Inc. (PLD) Investment Outlook Now
• Neutral Sentiment: Industry and sustainability coverage (e.g., Trane playbook) highlights Prologis’ role in corporate sustainability initiatives — positive for long‑term ESG positioning but unlikely to move the stock materially in the near term. Trane Technologies Launches the ROI of Sustainability Playbook
• Neutral Sentiment: Comparative analyses versus peers (e.g., Kilroy Realty) provide context on valuation and portfolio differences but don’t present immediate company‑specific catalysts. Prologis (NYSE:PLD) versus Kilroy Realty (NYSE:KRC) Critical Contrast

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on PLD. UBS Group boosted their price objective on shares of Prologis from $144.00 to $148.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Wall Street Zen cut shares of Prologis from a “hold” rating to a “sell” rating in a research report on Saturday, February 7th. BTIG Research boosted their price target 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. BMO Capital Markets restated a “market perform” rating and set a $123.00 price target on shares of Prologis in a research report on Thursday, January 22nd. Finally, Royal Bank Of Canada raised their price objective on Prologis from $132.00 to $135.00 and gave the company a “sector perform” rating in a research note on Monday, February 2nd. Fourteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, Prologis has an average rating of “Moderate Buy” and a consensus price target of $137.20.

Prologis Price Performance

PLD opened at $132.21 on Wednesday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.58 and a current ratio of 0.58. Prologis, Inc. has a 52-week low of $85.35 and a 52-week high of $143.95. The stock has a market capitalization of $123.25 billion, a PE ratio of 37.24, a price-to-earnings-growth ratio of 3.04 and a beta of 1.41. The stock’s 50 day moving average price is $134.60 and its 200-day moving average price is $127.85.

Prologis (NYSE:PLD) last posted its earnings results on Wednesday, January 21st. The real estate investment trust reported $1.44 EPS for the quarter, hitting the consensus estimate of $1.44. Prologis had a net margin of 37.86% and a return on equity of 5.79%. The firm had revenue of $2.25 billion during the quarter, compared to analysts’ expectations of $2.09 billion. During the same period last year, the company posted $1.42 EPS. The company’s quarterly 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. On average, equities research analysts predict that Prologis, Inc. will post 5.73 EPS for the current year.

Prologis Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were issued a $1.07 dividend. This represents a $4.28 dividend on an annualized basis and a yield of 3.2%. This is a positive change from Prologis’s previous quarterly dividend of $1.01. The ex-dividend date was Tuesday, March 17th. Prologis’s dividend payout ratio is currently 120.56%.

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.