Wealth Enhancement Advisory Services LLC Acquires 18,174 Shares of Prologis, Inc. $PLD

Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Prologis, Inc. (NYSE:PLD) by 28.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 82,054 shares of the real estate investment trust’s stock after buying an additional 18,174 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Prologis were worth $10,372,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Brighton Jones LLC lifted its holdings in Prologis by 629.0% during the fourth quarter. Brighton Jones LLC now owns 17,475 shares of the real estate investment trust’s stock worth $1,847,000 after buying an additional 15,078 shares during the period. Schnieders Capital Management LLC. increased its holdings in shares of Prologis by 45.4% in the 2nd quarter. Schnieders Capital Management LLC. now owns 10,728 shares of the real estate investment trust’s stock valued at $1,128,000 after acquiring an additional 3,350 shares during the period. CreativeOne Wealth LLC increased its holdings in shares of Prologis by 32.1% in the 2nd quarter. CreativeOne Wealth LLC now owns 8,707 shares of the real estate investment trust’s stock valued at $915,000 after acquiring an additional 2,116 shares during the period. Steward Partners Investment Advisory LLC raised its position in shares of Prologis by 4.3% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 33,461 shares of the real estate investment trust’s stock worth $3,517,000 after acquiring an additional 1,379 shares in the last quarter. Finally, Laurel Wealth Advisors LLC lifted its stake in shares of Prologis by 10,412.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 33,218 shares of the real estate investment trust’s stock worth $3,492,000 after purchasing an additional 32,902 shares during the last quarter. Institutional investors own 93.50% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on PLD shares. Mizuho raised their price objective on Prologis from $138.00 to $143.00 and gave the company an “outperform” rating in a research report on Monday, January 26th. Royal Bank Of Canada increased their price target on shares of Prologis from $132.00 to $135.00 and gave the company a “sector perform” rating in a research report on Monday, February 2nd. Robert W. Baird restated a “neutral” rating and issued a $130.00 price target (up from $128.00) on shares of Prologis in a report on Thursday, January 8th. Evercore lifted their price objective on shares of Prologis from $118.00 to $121.00 and gave the stock an “in-line” rating in a research report on Thursday, January 22nd. Finally, Truist Financial reduced their price objective on shares of Prologis from $142.00 to $139.00 and set a “buy” rating for the company in a research note on Monday, January 26th. Fourteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, Prologis has a consensus rating of “Moderate Buy” and an average target price of $137.20.

Prologis Trading Down 0.6%

Shares of NYSE:PLD opened at $128.93 on Friday. The business’s 50-day moving average is $134.66 and its 200 day moving average is $127.41. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.58 and a quick ratio of 0.58. Prologis, Inc. has a 1 year low of $85.35 and a 1 year high of $143.95. The firm has a market capitalization of $120.19 billion, a P/E ratio of 36.32, a P/E/G ratio of 3.06 and a beta of 1.41.

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

Prologis Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be paid a $1.07 dividend. This is a boost from Prologis’s previous quarterly dividend of $1.01. The ex-dividend date is Tuesday, March 17th. This represents a $4.28 dividend on an annualized basis and a yield of 3.3%. Prologis’s dividend payout ratio (DPR) is 120.56%.

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.