APG Asset Management N.V. Raises Holdings in Prologis, Inc. $PLD

APG Asset Management N.V. lifted its holdings in Prologis, Inc. (NYSE:PLD) by 0.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 671,641 shares of the real estate investment trust’s stock after purchasing an additional 3,800 shares during the quarter. APG Asset Management N.V.’s holdings in Prologis were worth $76,916,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of PLD. Clayton Financial Group LLC bought a new stake in Prologis in the 3rd quarter worth about $26,000. Silver Oak Securities Incorporated bought a new position in Prologis during the 3rd quarter valued at about $36,000. Rossby Financial LCC boosted its holdings in shares of Prologis by 69.6% during the 3rd quarter. Rossby Financial LCC now owns 329 shares of the real estate investment trust’s stock valued at $38,000 after acquiring an additional 135 shares during the last quarter. AlphaQuest LLC bought a new stake in shares of Prologis in the third quarter worth approximately $39,000. Finally, Clear Investment Research LLC raised its holdings in shares of Prologis by 34.5% during the third quarter. Clear Investment Research LLC now owns 343 shares of the real estate investment trust’s stock valued at $39,000 after purchasing an additional 88 shares during the last quarter. 93.50% of the stock is owned by institutional investors.

Insider Buying and Selling at Prologis

In related news, Director Cristina Gabriela Bita sold 621 shares of Prologis stock in a transaction 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 transaction, the director owned 8,208 shares in the company, 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. Company insiders own 0.57% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on PLD shares. Freedom Capital cut shares of Prologis from a “strong-buy” rating to a “hold” rating in a report on Friday, January 23rd. Citigroup reissued a “buy” rating on shares of Prologis in a report on Monday, January 26th. BTIG Research lifted their price objective on Prologis from $134.00 to $155.00 and gave the stock a “buy” rating in a report on Wednesday, December 31st. Weiss Ratings reissued a “buy (b-)” rating on shares of Prologis in a report on Monday, December 29th. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $123.00 target price on shares of Prologis in a research report on Thursday, January 22nd. Fourteen investment 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 an average target price of $136.95.

Prologis Stock Performance

Shares of PLD opened at $142.44 on Friday. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.61. The business has a 50-day simple moving average of $132.89 and a two-hundred day simple moving average of $124.34. The stock has a market cap of $132.41 billion, a price-to-earnings ratio of 40.12, a PEG ratio of 3.52 and a beta of 1.42. Prologis, Inc. has a 52 week low of $85.35 and a 52 week high of $143.95.

Prologis (NYSE:PLD) last released its earnings results on Wednesday, January 21st. The real estate investment trust reported $1.44 earnings per share (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 company had revenue of $2.25 billion during the quarter, compared to analyst estimates of $2.09 billion. During the same period in the prior year, the firm posted $1.42 EPS. The firm’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, analysts expect that Prologis, Inc. will post 5.73 EPS for the current year.

Prologis Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be given a dividend of $1.07 per share. This represents a $4.28 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Tuesday, March 17th. This is a positive change from Prologis’s previous quarterly dividend of $1.01. Prologis’s payout ratio is 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.