Chilton Capital Management LLC Boosts Stock Position in Prologis, Inc. $PLD

Chilton Capital Management LLC increased its holdings in shares of Prologis, Inc. (NYSE:PLD) by 6.0% during the third quarter, HoldingsChannel reports. The institutional investor owned 203,072 shares of the real estate investment trust’s stock after acquiring an additional 11,459 shares during the period. Chilton Capital Management LLC’s holdings in Prologis were worth $23,256,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Compass Wealth Management LLC purchased a new position in Prologis during the third quarter valued at $361,000. Clark Financial Services Group Inc. BD raised its position in shares of Prologis by 9.7% during the 3rd quarter. Clark Financial Services Group Inc. BD now owns 3,867 shares of the real estate investment trust’s stock worth $443,000 after purchasing an additional 343 shares during the last quarter. National Wealth Management Group LLC purchased a new position in Prologis in the 3rd quarter valued at about $272,000. Vanguard Personalized Indexing Management LLC boosted its holdings in Prologis by 13.5% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 79,735 shares of the real estate investment trust’s stock worth $9,151,000 after buying an additional 9,497 shares during the last quarter. Finally, Callahan Advisors LLC increased its stake in Prologis by 10.6% during the 3rd quarter. Callahan Advisors LLC now owns 40,978 shares of the real estate investment trust’s stock worth $4,693,000 after buying an additional 3,922 shares in the last quarter. Institutional investors and hedge funds own 93.50% of the company’s stock.

Insider Activity at Prologis

In other news, Director Cristina Gabriela Bita sold 621 shares of Prologis stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $127.60, for a total transaction of $79,239.60. Following the sale, the director owned 8,208 shares of the company’s stock, valued at approximately $1,047,340.80. The trade was a 7.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.57% of the company’s stock.

Analysts Set New Price Targets

PLD has been the subject of a number of research analyst reports. BMO Capital Markets reissued a “market perform” rating and set a $123.00 target price on shares of Prologis in a report on Thursday. Argus raised their price objective on Prologis from $128.00 to $135.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Scotiabank raised shares of Prologis from a “sector perform” rating to a “sector outperform” rating and lifted their target price for the stock from $133.00 to $146.00 in a research note on Wednesday, January 14th. Mizuho increased their target price on shares of Prologis from $138.00 to $143.00 and gave the company an “outperform” rating in a research report on Monday. Finally, Citigroup reissued a “buy” rating on shares of Prologis in a research note on Monday. Thirteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $134.22.

Prologis Stock Down 0.5%

Shares of NYSE:PLD opened at $126.50 on Tuesday. Prologis, Inc. has a 52-week low of $85.35 and a 52-week high of $134.94. The stock has a market cap of $117.50 billion, a P/E ratio of 36.88, a PEG ratio of 3.71 and a beta of 1.40. The business has a fifty day moving average of $128.44 and a two-hundred day moving average of $119.48. The company has a quick ratio of 0.64, a current ratio of 0.19 and a debt-to-equity ratio of 0.61.

Prologis (NYSE:PLD) last announced its quarterly earnings results 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 6.64%. The firm had revenue of $2.25 billion for the quarter, compared to analysts’ expectations of $2.09 billion. During the same quarter in the previous year, the company posted $1.42 EPS. The company’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. On average, research analysts expect that Prologis, Inc. will post 5.73 earnings per share for the current year.

Prologis Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 16th were issued a dividend of $1.01 per share. The ex-dividend date was Tuesday, December 16th. This represents a $4.04 dividend on an annualized basis and a dividend yield of 3.2%. Prologis’s dividend payout ratio (DPR) is currently 113.80%.

About Prologis

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.