Prologis, Inc. $PLD Stock Holdings Trimmed by Orange Investment Advisors Inc.

Orange Investment Advisors Inc. lessened its position in shares of Prologis, Inc. (NYSE:PLD) by 15.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 33,112 shares of the real estate investment trust’s stock after selling 6,025 shares during the period. Orange Investment Advisors Inc.’s holdings in Prologis were worth $4,227,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in PLD. High Point Wealth Management LLC bought a new position in Prologis during the fourth quarter worth $26,000. Ares Financial Consulting LLC bought a new position in shares of Prologis in the 4th quarter worth about $26,000. Eagle Bay Advisors LLC acquired a new position in shares of Prologis in the 4th quarter valued at about $27,000. High Note Wealth LLC lifted its holdings in Prologis by 43.9% in the fourth quarter. High Note Wealth LLC now owns 249 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 76 shares during the last quarter. Finally, True Wealth Design LLC lifted its holdings in Prologis by 87.1% in the fourth quarter. True Wealth Design LLC now owns 262 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 122 shares during the last quarter. 93.50% of the stock is owned by institutional investors and hedge funds.

Prologis Price Performance

Shares of NYSE:PLD opened at $144.60 on Friday. The company has a market cap of $134.82 billion, a price-to-earnings ratio of 36.42, a PEG ratio of 3.19 and a beta of 1.33. The business has a 50 day moving average price of $137.62 and a 200 day moving average price of $133.27. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.60. Prologis, Inc. has a twelve month low of $103.02 and a twelve month high of $145.44.

Prologis (NYSE:PLD) last posted its quarterly earnings data on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share for the quarter, beating the consensus estimate 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 return on equity of 6.47% and a net margin of 41.54%.Prologis’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.43 earnings per share. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. Research analysts predict that Prologis, Inc. will post 6.17 earnings per share 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 issued a $1.07 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $4.28 dividend on an annualized basis and a dividend yield of 3.0%. Prologis’s dividend payout ratio (DPR) is currently 107.81%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Citigroup increased their price target on Prologis from $145.00 to $165.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Wall Street Zen upgraded shares of Prologis from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Evercore set a $135.00 price objective on shares of Prologis in a research report on Friday, April 17th. Robert W. Baird increased their price target on Prologis from $133.00 to $136.00 and gave the stock a “neutral” rating in a research note on Friday, April 17th. Finally, Royal Bank Of Canada raised their target price on shares of Prologis from $135.00 to $148.00 and gave the stock a “sector perform” rating in a report on Tuesday, April 28th. Sixteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Prologis currently has an average rating of “Moderate Buy” and an average price target of $149.76.

About Prologis

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.