11,786 Shares in Prologis, Inc. $PLD Bought by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC acquired a new position in shares of Prologis, Inc. (NYSE:PLD) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 11,786 shares of the real estate investment trust’s stock, valued at approximately $1,597,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. High Point Wealth Management LLC acquired a new stake in shares of Prologis in the fourth quarter valued at about $26,000. Ares Financial Consulting LLC acquired a new position in shares of Prologis during the 4th quarter worth about $26,000. Clearstead Trust LLC acquired a new position in shares of Prologis during the 2nd quarter worth about $28,000. SouthState Bank Corp lifted its stake in Prologis by 73.1% in the 4th quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 95 shares in the last quarter. Finally, Hilton Head Capital Partners LLC purchased a new position in Prologis in the 4th quarter valued at about $29,000. 93.50% of the stock is owned by hedge funds and other institutional investors.

Prologis Stock Down 0.3%

Shares of NYSE PLD opened at $140.61 on Tuesday. The stock has a market cap of $131.20 billion, a PE ratio of 31.32 and a beta of 1.31. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.63. Prologis, Inc. has a 12-month low of $105.42 and a 12-month high of $153.35. The company has a 50-day moving average of $143.05 and a 200 day moving average of $140.04.

Prologis (NYSE:PLD) last released its earnings results on Thursday, July 16th. The real estate investment trust reported $1.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.38. The business had revenue of $2.43 billion for the quarter, compared to analyst estimates of $2.16 billion. Prologis had a net margin of 45.79% and a return on equity of 7.29%. The business’s revenue was up 11.0% on a year-over-year basis. During the same period last year, the company posted $1.46 EPS. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. As a group, sell-side analysts predict that Prologis, Inc. will post 6.28 EPS for the current fiscal year.

Wall Street Analyst Weigh In

PLD has been the subject of several research reports. Citigroup boosted their price objective on Prologis from $145.00 to $165.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Scotiabank lifted their price target on Prologis from $146.00 to $150.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 23rd. Raymond James Financial assumed coverage on Prologis in a research report on Thursday, June 18th. They set a “market perform” rating for the company. Wall Street Zen raised Prologis from a “sell” rating to a “hold” rating in a research note on Saturday, July 18th. Finally, JPMorgan Chase & Co. increased their price objective on Prologis from $141.00 to $157.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Sixteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $154.57.

Insider Activity at Prologis

In related news, CFO Timothy D. Arndt sold 3,597 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $150.00, for a total value of $539,550.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.52% of the company’s stock.

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.