27,542 Shares in Prologis, Inc. $PLD Acquired by Advisortrust Partners LLC

Advisortrust Partners LLC acquired a new position in Prologis, Inc. (NYSE:PLD) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 27,542 shares of the real estate investment trust’s stock, valued at approximately $3,516,000. Prologis comprises 1.5% of Advisortrust Partners LLC’s holdings, making the stock its 17th largest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of PLD. Nvwm LLC grew its position in shares of Prologis by 6,069.7% during the 4th quarter. Nvwm LLC now owns 15,486 shares of the real estate investment trust’s stock worth $1,977,000 after buying an additional 15,235 shares during the period. Murphy Middleton Hinkle & Parker Inc. acquired a new position in Prologis during the 4th quarter valued at about $2,581,000. CIBC Bancorp USA Inc. bought a new stake in Prologis during the 3rd quarter worth approximately $42,158,000. Laffer Tengler Investments Inc. increased its holdings in Prologis by 20.7% during the 3rd quarter. Laffer Tengler Investments Inc. now owns 44,608 shares of the real estate investment trust’s stock worth $5,109,000 after purchasing an additional 7,658 shares in the last quarter. Finally, Avanza Fonder AB raised its stake in shares of Prologis by 8.4% in the fourth quarter. Avanza Fonder AB now owns 70,789 shares of the real estate investment trust’s stock worth $9,037,000 after purchasing an additional 5,508 shares during the last quarter. Institutional investors and hedge funds own 93.50% of the company’s stock.

Prologis Stock Up 0.1%

Shares of NYSE PLD opened at $140.63 on Friday. Prologis, Inc. has a 12-month low of $103.41 and a 12-month high of $150.18. 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 stock has a market capitalization of $131.11 billion, a price-to-earnings ratio of 35.42, a P/E/G ratio of 3.09 and a beta of 1.32. The firm’s 50-day moving average price is $142.91 and its 200-day moving average price is $136.05.

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

Prologis Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th 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, June 16th. Prologis’s dividend payout ratio is 107.81%.

Wall Street Analysts Forecast Growth

PLD has been the topic of a number of recent research reports. BTIG Research restated a “buy” rating and issued a $155.00 target price on shares of Prologis in a report on Wednesday, April 15th. Scotiabank cut Prologis from a “sector outperform” rating to a “sector perform” rating and cut their price objective for the stock from $154.00 to $146.00 in a research report on Thursday. Weiss Ratings upgraded shares of Prologis from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, May 1st. Mizuho boosted their price objective on shares of Prologis from $143.00 to $150.00 and gave the company an “outperform” rating in a research note on Wednesday, April 22nd. Finally, Morgan Stanley lifted their target price on shares of Prologis from $135.00 to $151.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 26th. Fifteen investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, Prologis has an average rating of “Moderate Buy” and a consensus price target of $151.48.

Insiders Place Their Bets

In other Prologis news, CFO Timothy D. Arndt sold 3,597 shares of the business’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $150.00, for a total transaction of $539,550.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.52% of the company’s stock.

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.