Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 7,734 Shares of Prologis, Inc. $PLD

Commonwealth of Pennsylvania Public School Empls Retrmt SYS reduced its stake in Prologis, Inc. (NYSE:PLD) by 1.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 519,449 shares of the real estate investment trust’s stock after selling 7,734 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned approximately 0.06% of Prologis worth $66,313,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Ares Financial Consulting LLC bought a new position in shares of Prologis in the fourth quarter worth $26,000. High Point Wealth Management LLC bought a new position in shares of Prologis in the fourth quarter worth $26,000. Eagle Bay Advisors LLC bought a new position in shares of Prologis in the fourth quarter worth $27,000. High Note Wealth LLC boosted its holdings in shares of Prologis by 43.9% in the fourth quarter. High Note Wealth LLC now owns 249 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 76 shares during the period. Finally, True Wealth Design LLC boosted its holdings in shares of 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 during the period. 93.50% of the stock is owned by institutional investors.

Prologis Price Performance

Shares of Prologis stock opened at $143.80 on Friday. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $134.07 billion, a PE ratio of 36.22, a price-to-earnings-growth ratio of 3.16 and a beta of 1.33. The business’s 50-day moving average price is $139.20 and its 200-day moving average price is $134.11. Prologis, Inc. has a 12 month low of $103.41 and a 12 month high of $147.93.

Prologis (NYSE:PLD) last announced its quarterly earnings data on Thursday, April 16th. The real estate investment trust reported $1.05 EPS for the quarter, beating the consensus estimate of $0.81 by $0.24. The firm had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.12 billion. Prologis had a return on equity of 6.47% and a net margin of 41.54%.The company’s revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the company earned $1.43 EPS. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. Sell-side analysts forecast that Prologis, Inc. will post 6.18 EPS for the current fiscal year.

Prologis Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be given a dividend of $1.07 per share. The ex-dividend date is Tuesday, June 16th. This represents a $4.28 annualized dividend and a dividend yield of 3.0%. Prologis’s dividend payout ratio is 107.81%.

Analyst Ratings Changes

PLD has been the topic of a number of recent analyst reports. Morgan Stanley increased their price objective on Prologis from $135.00 to $151.00 and gave the stock an “equal weight” rating in a research report on Tuesday. DA Davidson increased their price objective on Prologis from $140.00 to $160.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. BMO Capital Markets upgraded Prologis from a “market perform” rating to an “outperform” rating and increased their price objective for the stock from $137.00 to $162.00 in a research report on Thursday, May 7th. Scotiabank increased their price objective on Prologis from $146.00 to $154.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 21st. Finally, Jefferies Financial Group lowered their price objective on Prologis from $157.00 to $155.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Sixteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $150.52.

Prologis 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.