9,787 Shares in Prologis, Inc. $PLD Acquired by Aster Capital Management DIFC Ltd

Aster Capital Management DIFC Ltd acquired a new position in Prologis, Inc. (NYSE:PLD) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 9,787 shares of the real estate investment trust’s stock, valued at approximately $1,249,000. Prologis makes up about 0.5% of Aster Capital Management DIFC Ltd’s investment portfolio, making the stock its 29th biggest holding.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Prologis by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 123,323,290 shares of the real estate investment trust’s stock valued at $15,743,451,000 after acquiring an additional 1,258,407 shares in the last quarter. Geode Capital Management LLC boosted its position in Prologis by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 23,012,940 shares of the real estate investment trust’s stock valued at $2,925,791,000 after acquiring an additional 339,906 shares in the last quarter. Capital Research Global Investors boosted its position in Prologis by 4.4% during the 4th quarter. Capital Research Global Investors now owns 16,061,390 shares of the real estate investment trust’s stock valued at $2,050,397,000 after acquiring an additional 678,363 shares in the last quarter. Norges Bank bought a new stake in Prologis during the 4th quarter valued at $1,589,125,000. Finally, Charles Schwab Investment Management Inc. boosted its position in Prologis by 4.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 11,639,644 shares of the real estate investment trust’s stock valued at $1,485,917,000 after acquiring an additional 516,765 shares in the last quarter. Institutional investors own 93.50% of the company’s stock.

Prologis Stock Performance

Shares of PLD stock opened at $148.45 on Tuesday. The business has a fifty day moving average of $142.28 and a 200 day moving average of $135.72. Prologis, Inc. has a 1 year low of $103.41 and a 1 year high of $150.18. 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 $138.41 billion, a price-to-earnings ratio of 37.39, a price-to-earnings-growth ratio of 3.27 and a beta of 1.32.

Prologis (NYSE:PLD) last issued its quarterly earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 EPS for the quarter, topping 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 company had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.12 billion. During the same quarter in the previous year, the firm posted $1.43 EPS. The firm’s revenue was up 6.9% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. As a group, research analysts expect that Prologis, Inc. will post 6.18 earnings per share for the current year.

Prologis Announces Dividend

The company 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 dividend of $1.07 per share. 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 payout ratio is currently 107.81%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on PLD. Morgan Stanley increased their target price on Prologis from $135.00 to $151.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 26th. Jefferies Financial Group dropped their target price on Prologis from $157.00 to $155.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. BTIG Research reaffirmed a “buy” rating and set a $155.00 target price on shares of Prologis in a research report on Wednesday, April 15th. Evercore set a $135.00 target price on Prologis in a research report on Friday, April 17th. Finally, Weiss Ratings raised Prologis from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 1st. Sixteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $151.86.

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.