JB Capital LLC boosted its holdings in shares of Prologis, Inc. (NYSE:PLD – Free Report) by 7.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 109,061 shares of the real estate investment trust’s stock after purchasing an additional 7,259 shares during the quarter. JB Capital LLC’s holdings in Prologis were worth $13,923,000 as of its most recent SEC filing.
Several other institutional investors have also bought and sold shares of PLD. Clayton Financial Group LLC purchased a new stake in shares of Prologis during the 3rd quarter valued at about $26,000. True Wealth Design LLC grew its position in Prologis by 87.1% in the fourth quarter. True Wealth Design LLC now owns 262 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 122 shares in the last quarter. Silver Oak Securities Incorporated purchased a new position in Prologis in the third quarter worth about $36,000. Rossby Financial LCC increased its stake in Prologis by 69.6% during the third quarter. Rossby Financial LCC now owns 329 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 135 shares during the last quarter. Finally, FNY Investment Advisers LLC bought a new stake in Prologis during the fourth quarter worth approximately $38,000. Institutional investors own 93.50% of the company’s stock.
Prologis Trading Up 0.1%
NYSE PLD opened at $133.91 on Friday. The stock has a market cap of $124.84 billion, a PE ratio of 37.72, a PEG ratio of 3.16 and a beta of 1.40. Prologis, Inc. has a 12 month low of $85.35 and a 12 month high of $143.95. The company’s 50-day moving average price is $134.93 and its 200-day moving average price is $128.16. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.61.
Prologis Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were given a dividend of $1.07 per share. This is a positive change from Prologis’s previous quarterly dividend of $1.01. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $4.28 dividend on an annualized basis and a yield of 3.2%. Prologis’s payout ratio is 120.56%.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently issued reports on the company. Argus raised their price objective on Prologis from $128.00 to $135.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Citigroup initiated coverage on Prologis in a report on Thursday, March 5th. They set a “buy” rating and a $145.00 price target on the stock. Jefferies Financial Group raised their price target on Prologis from $146.00 to $157.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Prologis in a research note on Friday, March 27th. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $123.00 price objective on shares of Prologis in a research report on Thursday, January 22nd. Fourteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $137.20.
Get Our Latest Stock Analysis on PLD
Prologis News Summary
Here are the key news stories impacting Prologis this week:
- Positive Sentiment: Q4 “beat-and-raise” report and stronger multi-year business outlook that prompted a price surge — reinforces revenue/earnings momentum and supports higher valuation expectations. Prologis (PLD) Surged following a “Beat And Raise” Earnings Report and a Robust Multi-Year Business Outlook
- Positive Sentiment: $1.6B joint venture with GIC to build customized, long‑term leased logistics facilities — expands Prologis’ development pipeline using institutional capital, accelerates scalable, higher‑margin build-to-suit opportunities and should drive fee/income growth. Prologis GIC Venture Aims To Scale Custom Logistics And Investor Income
- Positive Sentiment: Zacks upgraded PLD to a Rank #2 (Buy) — the upgrade signals growing optimism about near-term earnings prospects and can attract momentum/quant flows. Prologis (PLD) Upgraded to Buy: Here’s What You Should Know
- Positive Sentiment: Zacks also highlights PLD as a long-term pick (Zacks Focus List) — endorsement that may support longer-horizon investor interest and steady institutional buying. Why Prologis (PLD) is a Top Stock for the Long-Term
- Neutral Sentiment: Earnings preview pieces summarize expectations and model sensitivity ahead of results — useful for traders but contain limited new information beyond guidance and consensus estimates. Earnings Preview: What to Expect From Prologis’ Report
- Neutral Sentiment: Comparative analyst write-ups that include Prologis (versus hotel/reit peers) discuss valuation and sector positioning but offer no negative catalyst — helpful for relative-value context. Critical Comparison: Summit Hotel Properties (NYSE:INN) & Prologis (NYSE:PLD) Analyzing Ventas (NYSE:VTR) and Prologis (NYSE:PLD)
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.
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