Prologis, Inc. $PLD Shares Sold by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. decreased its position in shares of Prologis, Inc. (NYSE:PLD) by 83.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,795 shares of the real estate investment trust’s stock after selling 18,785 shares during the period. Jefferies Financial Group Inc.’s holdings in Prologis were worth $484,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Ares Financial Consulting LLC acquired a new position in Prologis during the 4th quarter worth about $26,000. High Point Wealth Management LLC acquired a new position in Prologis during the 4th quarter worth about $26,000. Eagle Bay Advisors LLC acquired a new position in Prologis during the 4th quarter worth about $27,000. High Note Wealth LLC lifted its stake in Prologis by 43.9% during the 4th 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 in the last quarter. Finally, True Wealth Design LLC increased its holdings in Prologis by 87.1% during the 4th quarter. True Wealth Design LLC now owns 262 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 122 shares during the period. Institutional investors and hedge funds own 93.50% of the company’s stock.

Wall Street Analysts Forecast Growth

PLD has been the topic of several recent research reports. Scotiabank upped their price target on Prologis from $146.00 to $154.00 and gave the stock an “outperform” rating in a report on Tuesday, April 21st. JPMorgan Chase & Co. upped their price target on Prologis from $141.00 to $157.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. The Goldman Sachs Group restated a “neutral” rating and set a $157.00 price target on shares of Prologis in a report on Friday, April 17th. BTIG Research restated a “buy” rating and set a $155.00 price target on shares of Prologis in a report on Wednesday, April 15th. Finally, Citigroup upped their price target on Prologis from $145.00 to $165.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Sixteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $150.52.

Prologis Price Performance

Shares of NYSE PLD opened at $143.80 on Friday. The stock’s 50-day moving average is $139.20 and its two-hundred day moving average is $134.11. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.51 and a quick ratio of 0.51. Prologis, Inc. has a 1-year low of $103.41 and a 1-year high of $147.93. The company has a market cap of $134.07 billion, a price-to-earnings ratio of 36.22, a price-to-earnings-growth ratio of 3.16 and a beta of 1.33.

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

Prologis Dividend Announcement

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

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.