Schroder Investment Management Group Grows Stake in Prologis, Inc. $PLD

Schroder Investment Management Group boosted its holdings in Prologis, Inc. (NYSE:PLD) by 16.9% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,644,024 shares of the real estate investment trust’s stock after acquiring an additional 237,325 shares during the quarter. Schroder Investment Management Group owned 0.18% of Prologis worth $188,274,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Clayton Financial Group LLC bought a new position in shares of Prologis in the third quarter worth approximately $26,000. Silver Oak Securities Incorporated bought a new stake in Prologis during the third quarter valued at approximately $36,000. Rossby Financial LCC lifted its position in Prologis by 69.6% during the third quarter. Rossby Financial LCC now owns 329 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 135 shares during the last quarter. Dogwood Wealth Management LLC grew its stake in Prologis by 87.3% in the 3rd quarter. Dogwood Wealth Management LLC now owns 339 shares of the real estate investment trust’s stock worth $39,000 after buying an additional 158 shares in the last quarter. Finally, Clear Investment Research LLC increased its holdings in shares of Prologis by 34.5% in the 3rd quarter. Clear Investment Research LLC now owns 343 shares of the real estate investment trust’s stock worth $39,000 after buying an additional 88 shares during the last quarter. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on PLD. Scotiabank raised Prologis from a “sector perform” rating to a “sector outperform” rating and increased their target price for the company from $133.00 to $146.00 in a research note on Wednesday, January 14th. Argus upped their price objective on Prologis from $128.00 to $135.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Prologis in a research report on Monday, December 29th. BMO Capital Markets reissued a “market perform” rating and set a $123.00 price objective on shares of Prologis in a report on Thursday, January 22nd. Finally, Mizuho boosted their target price on Prologis from $138.00 to $143.00 and gave the stock an “outperform” rating in a research report on Monday, January 26th. Fourteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $137.20.

Prologis Stock Up 0.4%

Shares of NYSE:PLD opened at $135.14 on Tuesday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.58 and a current ratio of 0.58. The stock has a 50 day moving average price of $134.09 and a 200-day moving average price of $125.75. The firm has a market capitalization of $125.62 billion, a P/E ratio of 38.07, a P/E/G ratio of 3.33 and a beta of 1.41. Prologis, Inc. has a 52-week low of $85.35 and a 52-week high of $143.95.

Prologis (NYSE:PLD) last issued its quarterly earnings results on Wednesday, January 21st. The real estate investment trust reported $1.44 EPS for the quarter, hitting analysts’ consensus estimates of $1.44. Prologis had a return on equity of 5.79% and a net margin of 37.86%.The firm had revenue of $2.25 billion for the quarter, compared to analysts’ expectations of $2.09 billion. During the same period in the previous year, the firm posted $1.42 EPS. The business’s revenue for the quarter was up 7.8% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. As a group, equities research analysts anticipate that Prologis, Inc. will post 5.73 EPS for the current fiscal year.

Prologis Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be given a $1.07 dividend. This is a boost from Prologis’s previous quarterly dividend of $1.01. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $4.28 annualized dividend and a yield of 3.2%. Prologis’s payout ratio is currently 113.80%.

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.