Sapient Capital LLC Has $1 Million Stock Position in Prologis, Inc. $PLD

Sapient Capital LLC boosted its stake in shares of Prologis, Inc. (NYSE:PLD) by 98.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 7,751 shares of the real estate investment trust’s stock after buying an additional 3,842 shares during the period. Sapient Capital LLC’s holdings in Prologis were worth $1,000,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Swedbank AB raised its holdings in shares of Prologis by 36.2% in the fourth quarter. Swedbank AB now owns 7,664,583 shares of the real estate investment trust’s stock valued at $978,461,000 after purchasing an additional 2,038,329 shares during the last quarter. Bessemer Group Inc. raised its holdings in shares of Prologis by 8,000.9% in the fourth quarter. Bessemer Group Inc. now owns 1,595,963 shares of the real estate investment trust’s stock valued at $203,741,000 after purchasing an additional 1,576,262 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Prologis by 1.0% in the fourth 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 purchasing an additional 1,258,407 shares during the last quarter. Amundi raised its holdings in shares of Prologis by 22.0% in the third quarter. Amundi now owns 5,651,563 shares of the real estate investment trust’s stock valued at $661,968,000 after purchasing an additional 1,020,819 shares during the last quarter. Finally, Federated Hermes Inc. raised its holdings in shares of Prologis by 30.3% in the third quarter. Federated Hermes Inc. now owns 4,256,236 shares of the real estate investment trust’s stock valued at $487,424,000 after purchasing an additional 988,986 shares during the last quarter. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on PLD. Evercore set a $135.00 price objective on shares of Prologis in a report on Friday, April 17th. UBS Group lifted their price objective on shares of Prologis from $148.00 to $161.00 and gave the company a “buy” rating in a report on Friday, April 17th. BNP Paribas Exane lifted their price objective on shares of Prologis from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Friday, April 17th. BMO Capital Markets upgraded shares of Prologis from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from $137.00 to $162.00 in a report on Thursday, May 7th. Finally, Scotiabank lifted their price objective on shares of Prologis from $146.00 to $154.00 and gave the company an “outperform” rating in a report on Tuesday, April 21st. Sixteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $149.76.

Prologis Trading Up 1.2%

Shares of Prologis stock opened at $142.26 on Tuesday. The firm has a 50-day moving average of $137.10 and a 200-day moving average of $132.85. The stock has a market cap of $132.63 billion, a PE ratio of 35.83, a PEG ratio of 3.10 and a beta of 1.33. Prologis, Inc. has a 52-week low of $103.02 and a 52-week high of $145.44. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.51 and a current ratio of 0.51.

Prologis (NYSE:PLD) last announced its 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 during the quarter, compared to analysts’ expectations of $2.12 billion. Prologis had a net margin of 41.54% and a return on equity of 6.47%. Prologis’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.43 earnings per share. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. As a group, sell-side analysts forecast that Prologis, Inc. will post 6.17 EPS for the current year.

Prologis Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th will be paid a $1.07 dividend. This represents a $4.28 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Tuesday, June 16th. Prologis’s payout ratio is 107.81%.

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.