Centersquare Investment Management LLC Has $842.43 Million Holdings in Prologis, Inc. $PLD

Centersquare Investment Management LLC boosted its position in Prologis, Inc. (NYSE:PLD) by 1.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,599,019 shares of the real estate investment trust’s stock after purchasing an additional 73,925 shares during the quarter. Prologis makes up approximately 8.3% of Centersquare Investment Management LLC’s investment portfolio, making the stock its 2nd largest holding. Centersquare Investment Management LLC owned about 0.71% of Prologis worth $842,431,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. High Point Wealth Management LLC purchased a new stake in shares of Prologis during the fourth quarter worth about $26,000. Ares Financial Consulting LLC purchased a new stake in Prologis in the fourth quarter valued at approximately $26,000. Eagle Bay Advisors LLC purchased a new stake in Prologis in the fourth quarter valued at approximately $27,000. SouthState Bank Corp boosted its position in Prologis by 73.1% in the 4th quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 95 shares in the last quarter. Finally, Hilton Head Capital Partners LLC purchased a new stake in Prologis in the 4th quarter worth approximately $29,000. 93.50% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on PLD. Robert W. Baird upped their target price on Prologis from $133.00 to $136.00 and gave the stock a “neutral” rating in a research note on Friday, April 17th. Weiss Ratings raised Prologis from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, May 1st. BTIG Research reaffirmed a “buy” rating and issued a $155.00 target price on shares of Prologis in a research note on Wednesday, April 15th. Scotiabank raised their target price on Prologis from $146.00 to $154.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 21st. Finally, UBS Group increased their price target on Prologis from $148.00 to $161.00 and gave the stock a “buy” rating in a report on Friday, April 17th. 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 company currently has an average rating of “Moderate Buy” and a consensus price target of $151.86.

Prologis Price Performance

PLD stock opened at $147.49 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.51 and a quick ratio of 0.51. The firm has a market capitalization of $137.51 billion, a P/E ratio of 37.15, a P/E/G ratio of 3.21 and a beta of 1.32. The business’s 50-day moving average is $141.69 and its two-hundred day moving average is $135.42. Prologis, Inc. has a 1 year low of $103.41 and a 1 year high of $148.46.

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, beating analysts’ consensus estimates of $0.81 by $0.24. The company 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%.Prologis’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter last year, the company earned $1.43 EPS. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. Analysts anticipate that Prologis, Inc. will post 6.18 earnings per share for the current fiscal year.

Prologis Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be given 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 2.9%. Prologis’s dividend payout ratio (DPR) is currently 107.81%.

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.