Strong Tower Advisory Services Purchases 4,500 Shares of Prologis, Inc. $PLD

Strong Tower Advisory Services raised its position in shares of Prologis, Inc. (NYSE:PLD) by 176.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,050 shares of the real estate investment trust’s stock after acquiring an additional 4,500 shares during the period. Strong Tower Advisory Services’ holdings in Prologis were worth $807,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Norges Bank bought a new position in Prologis in the 2nd quarter worth approximately $1,288,936,000. Franklin Resources Inc. grew its stake in shares of Prologis by 216.0% in the second quarter. Franklin Resources Inc. now owns 10,050,843 shares of the real estate investment trust’s stock worth $1,056,545,000 after acquiring an additional 6,870,479 shares during the last quarter. State Street Corp increased its position in Prologis by 1.9% during the second quarter. State Street Corp now owns 58,640,842 shares of the real estate investment trust’s stock worth $6,164,325,000 after acquiring an additional 1,088,544 shares during the period. Strs Ohio bought a new position in Prologis during the first quarter worth $98,308,000. Finally, Balyasny Asset Management L.P. raised its stake in Prologis by 11,585.8% during the 2nd quarter. Balyasny Asset Management L.P. now owns 882,398 shares of the real estate investment trust’s stock valued at $92,758,000 after purchasing an additional 874,847 shares during the last quarter. Institutional investors and hedge funds own 93.50% of the company’s stock.

Key Prologis News

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Prologis’ expansion into data-center and specialty logistics is highlighted as a durable growth driver that complements its core industrial leasing, supporting long-term revenue and rent growth prospects. Prologis: Logistics Giant, Data Centers Growth, And Its Expensive Preferreds
• Positive Sentiment: Wall Street analyst sentiment is generally constructive: coverage pieces note an overall optimistic analyst stance, which can support share momentum if ratings/price targets remain constructive. Is Prologis (PLD) a Buy as Wall Street Analysts Look Optimistic?
• Neutral Sentiment: Analysts and previews are focused on the upcoming Q4 results as a near-term catalyst; expectations and commentary in previews reduce uncertainty but make the report a potential volatility trigger depending on guidance and leasing metrics. Prologis’ Quarterly Earnings Preview: What You Need to Know Prologis’ Quarterly Earnings Preview (Barchart)
• Neutral Sentiment: Early analyses of Q4 results interpret leasing and rent trends as key to sustaining momentum — results that confirm resilient occupancy/rents would be supportive, while any signs of softness could prompt re‑rating. What Prologis (PLD)’s Q4 Earnings Reveal About Sustaining Its Logistics Leasing Momentum
• Negative Sentiment: Evercore ISI issued a Hold on PLD, which can weigh on near-term sentiment by limiting upside from the sell-side and signaling a more cautious view from a major broker. Prologis (PLD) Receives a Hold from Evercore ISI
• Negative Sentiment: Valuation concerns after a ~27% trailing-year share gain are highlighted — elevated multiples could limit near-term upside and increase sensitivity to any earnings/guidance misses. Prologis (PLD) Valuation Check After 27% Share Price Gain Over the Past Year

Prologis Trading Up 0.2%

Shares of Prologis stock opened at $127.79 on Wednesday. The stock has a market capitalization of $118.70 billion, a P/E ratio of 37.26, a price-to-earnings-growth ratio of 3.92 and a beta of 1.40. Prologis, Inc. has a 12-month low of $85.35 and a 12-month high of $131.70. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.62. The company has a 50-day simple moving average of $126.24 and a 200 day simple moving average of $115.69.

Prologis (NYSE:PLD) last posted its earnings results on Tuesday, October 28th. The real estate investment trust reported $0.82 earnings per share (EPS) for the quarter. The company had revenue of $2.21 billion during the quarter. Prologis had a net margin of 36.71% and a return on equity of 5.55%. Research analysts expect that Prologis, Inc. will post 5.73 earnings per share for the current fiscal year.

Prologis Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 16th will be issued a dividend of $1.01 per share. This represents a $4.04 annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Tuesday, December 16th. Prologis’s dividend payout ratio is presently 117.78%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on PLD. Mizuho upped their price objective on shares of Prologis from $118.00 to $138.00 and gave the company an “outperform” rating in a research report on Thursday, December 4th. Bank of America upgraded Prologis from a “neutral” rating to a “buy” rating and boosted their price target for the company from $118.00 to $130.00 in a research note on Tuesday, September 16th. Barclays reduced their price objective on Prologis from $119.00 to $118.00 and set an “overweight” rating for the company in a research report on Monday, September 15th. UBS Group set a $138.00 target price on Prologis in a research note on Thursday, December 4th. Finally, Evercore ISI boosted their price target on shares of Prologis from $113.00 to $116.00 and gave the company an “in-line” rating in a report on Thursday, October 16th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Prologis presently has an average rating of “Moderate Buy” and an average target price of $126.88.

Insider Buying and Selling at Prologis

In related news, Director Cristina Gabriela Bita sold 621 shares of Prologis stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $127.60, for a total value of $79,239.60. Following the completion of the transaction, the director directly owned 8,208 shares of the company’s stock, valued at $1,047,340.80. The trade was a 7.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders sold 1,621 shares of company stock valued at $198,655 in the last three months. Company insiders own 0.57% of the company’s stock.

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.