Prologis, Inc. $PLD Shares Purchased by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH lifted its stake in Prologis, Inc. (NYSE:PLDFree Report) by 12.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,699,822 shares of the real estate investment trust’s stock after purchasing an additional 185,393 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Prologis were worth $217,462,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in shares of Prologis by 0.3% in the third quarter. Vanguard Group Inc. now owns 122,064,883 shares of the real estate investment trust’s stock valued at $13,978,870,000 after purchasing an additional 323,551 shares during the last quarter. Capital International Investors grew its position in Prologis by 15.0% in the third quarter. Capital International Investors now owns 7,247,383 shares of the real estate investment trust’s stock worth $829,970,000 after acquiring an additional 946,847 shares during the period. Wellington Management Group LLP grew its position in Prologis by 1.2% in the third quarter. Wellington Management Group LLP now owns 6,995,375 shares of the real estate investment trust’s stock worth $801,110,000 after acquiring an additional 85,012 shares during the period. Ameriprise Financial Inc. grew its position in Prologis by 0.5% in the third quarter. Ameriprise Financial Inc. now owns 6,837,026 shares of the real estate investment trust’s stock worth $778,528,000 after acquiring an additional 31,456 shares during the period. Finally, Amundi grew its position in Prologis by 22.0% in the third quarter. Amundi now owns 5,651,563 shares of the real estate investment trust’s stock worth $661,968,000 after acquiring an additional 1,020,819 shares during the period. Institutional investors and hedge funds own 93.50% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on PLD. Truist Financial lowered their price objective on Prologis from $142.00 to $139.00 and set a “buy” rating for the company in a research report on Monday, January 26th. Bank of America increased their price objective on Prologis from $153.00 to $162.00 and gave the stock a “buy” rating in a research report on Monday. Wall Street Zen upgraded Prologis from a “sell” rating to a “hold” rating in a research report on Saturday. Scotiabank reiterated an “outperform” rating on shares of Prologis in a research report on Tuesday. Finally, Robert W. Baird increased their price objective on Prologis from $133.00 to $136.00 and gave the stock a “neutral” rating in a research report on Friday, April 17th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $145.55.

Get Our Latest Research Report on PLD

Key Headlines Impacting Prologis

Here are the key news stories impacting Prologis this week:

Prologis Trading Down 2.0%

PLD opened at $142.17 on Wednesday. Prologis, Inc. has a 52 week low of $98.77 and a 52 week high of $145.44. The business has a fifty day simple moving average of $136.48 and a 200-day simple moving average of $130.32. The firm has a market cap of $132.53 billion, a P/E ratio of 35.81, a P/E/G ratio of 3.41 and a beta of 1.40. The company has a quick ratio of 0.58, a current ratio of 0.16 and a debt-to-equity ratio of 0.60.

Prologis (NYSE:PLDGet Free Report) last released its quarterly earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 EPS for the quarter, topping the consensus estimate of $0.81 by $0.24. Prologis had a return on equity of 6.46% and a net margin of 41.54%.The business had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.12 billion. During the same period last year, the business posted $1.43 earnings per share. The company’s quarterly revenue was up 6.9% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. On average, equities analysts expect that Prologis, Inc. will post 6.14 earnings per share for the current year.

Prologis Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th were issued a $1.07 dividend. This represents a $4.28 dividend on an annualized basis and a yield of 3.0%. This is a boost from Prologis’s previous quarterly dividend of $1.01. The ex-dividend date was Tuesday, March 17th. Prologis’s dividend payout ratio (DPR) is 107.81%.

Prologis Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Prologis (NYSE:PLD)

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