Prologis, Inc. $PLD Stock Position Raised by Cbre Investment Management Listed Real Assets LLC

Cbre Investment Management Listed Real Assets LLC raised its holdings in Prologis, Inc. (NYSE:PLD) by 4.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,152,183 shares of the real estate investment trust’s stock after purchasing an additional 88,984 shares during the quarter. Prologis accounts for about 4.0% of Cbre Investment Management Listed Real Assets LLC’s holdings, making the stock its 3rd biggest position. Cbre Investment Management Listed Real Assets LLC owned approximately 0.23% of Prologis worth $274,748,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Ares Financial Consulting LLC purchased a new stake in Prologis in the 4th quarter valued at approximately $26,000. High Point Wealth Management LLC purchased a new stake in Prologis in the 4th quarter valued at approximately $26,000. Eagle Bay Advisors LLC purchased a new stake in Prologis in the 4th quarter valued at approximately $27,000. High Note Wealth LLC boosted its holdings in Prologis by 43.9% in the 4th quarter. High Note Wealth LLC now owns 249 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 76 shares in the last quarter. Finally, True Wealth Design LLC boosted its holdings in Prologis by 87.1% in the 4th quarter. True Wealth Design LLC now owns 262 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 122 shares in the last quarter. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Prologis Price Performance

PLD stock opened at $139.07 on Tuesday. Prologis, Inc. has a 1 year low of $103.41 and a 1 year high of $147.93. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.51 and a current ratio of 0.51. The stock’s 50 day moving average price is $139.36 and its 200 day moving average price is $134.26. The firm has a market cap of $129.66 billion, a P/E ratio of 35.03, a PEG ratio of 3.16 and a beta of 1.32.

Prologis (NYSE:PLD) last posted its earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share (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 firm had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.12 billion. During the same quarter in the prior year, the company earned $1.43 EPS. Prologis’s revenue was up 6.9% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. On average, sell-side analysts expect that Prologis, Inc. will post 6.18 earnings per share for the current fiscal year.

Prologis Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th will be paid a $1.07 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $4.28 dividend on an annualized basis and a yield of 3.1%. Prologis’s dividend payout ratio is presently 107.81%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on PLD shares. Mizuho lifted their price objective on Prologis from $143.00 to $150.00 and gave the company an “outperform” rating in a report on Wednesday, April 22nd. Scotiabank boosted their price target on Prologis from $146.00 to $154.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 21st. Wells Fargo & Company boosted their price target on Prologis from $155.00 to $167.00 and gave the stock an “overweight” rating in a research note on Monday. Bank of America boosted their price target on Prologis from $153.00 to $162.00 and gave the stock a “buy” rating in a research note on Monday, April 20th. Finally, Royal Bank Of Canada boosted their price target on Prologis from $135.00 to $148.00 and gave the stock a “sector perform” rating in a research note on Tuesday, April 28th. Sixteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $151.86.

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.