Orion Porfolio Solutions LLC Has $10.32 Million Stock Holdings in Prologis, Inc. $PLD

Orion Porfolio Solutions LLC lifted its holdings in shares of Prologis, Inc. (NYSE:PLD) by 5.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 90,068 shares of the real estate investment trust’s stock after purchasing an additional 4,861 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in Prologis were worth $10,315,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. increased its position in Prologis by 0.3% during the third quarter. Vanguard Group Inc. now owns 122,064,883 shares of the real estate investment trust’s stock worth $13,978,870,000 after buying an additional 323,551 shares during the last quarter. State Street Corp boosted its stake in shares of Prologis by 1.9% during the 2nd quarter. State Street Corp now owns 58,640,842 shares of the real estate investment trust’s stock worth $6,164,325,000 after acquiring an additional 1,088,544 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Prologis by 1.4% during the 2nd quarter. Geode Capital Management LLC now owns 22,416,833 shares of the real estate investment trust’s stock valued at $2,345,922,000 after acquiring an additional 310,333 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Prologis by 1.6% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 16,506,899 shares of the real estate investment trust’s stock valued at $1,735,205,000 after acquiring an additional 253,338 shares in the last quarter. Finally, Norges Bank acquired a new stake in Prologis in the 2nd quarter worth approximately $1,288,936,000. Institutional investors and hedge funds own 93.50% of the company’s stock.

Prologis Stock Down 1.2%

Shares of PLD stock opened at $137.73 on Friday. Prologis, Inc. has a one year low of $85.35 and a one year high of $143.95. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.58 and a quick ratio of 0.58. The stock has a fifty day moving average price of $133.84 and a 200 day moving average price of $125.15. The stock has a market cap of $128.03 billion, a P/E ratio of 38.80, a price-to-earnings-growth ratio of 3.45 and a beta of 1.41.

Prologis (NYSE:PLD) last announced its quarterly earnings data on Wednesday, January 21st. The real estate investment trust reported $1.44 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.44. The company had revenue of $2.25 billion during the quarter, compared to analysts’ expectations of $2.09 billion. Prologis had a net margin of 37.86% and a return on equity of 5.79%. The business’s revenue was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.42 EPS. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. Analysts predict that Prologis, Inc. will post 5.73 earnings per share for the current year.

Prologis Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be issued a dividend of $1.07 per share. The ex-dividend date of this dividend is Tuesday, March 17th. This is a positive change from Prologis’s previous quarterly dividend of $1.01. This represents a $4.28 dividend on an annualized basis and a yield of 3.1%. Prologis’s dividend payout ratio (DPR) is presently 113.80%.

Analysts Set New Price Targets

Several brokerages have commented on PLD. Truist Financial lowered their price target on Prologis from $142.00 to $139.00 and set a “buy” rating on the stock in a report on Monday, January 26th. Mizuho raised their target price on shares of Prologis from $138.00 to $143.00 and gave the company an “outperform” rating in a research note on Monday, January 26th. The Goldman Sachs Group lifted their target price on shares of Prologis from $137.00 to $148.00 and gave the stock a “neutral” rating in a report on Monday, February 9th. Citigroup initiated coverage on shares of Prologis in a report on Thursday. They set a “buy” rating and a $145.00 price target for the company. Finally, UBS Group raised their price target on Prologis from $144.00 to $148.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Fourteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $137.20.

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.