Krilogy Financial LLC Acquires New Holdings in Prologis, Inc. $PLD

Krilogy Financial LLC bought a new stake in shares of Prologis, Inc. (NYSE:PLD) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 3,698 shares of the real estate investment trust’s stock, valued at approximately $458,000.

Several other institutional investors and hedge funds also recently modified their holdings of PLD. Whittier Trust Co. of Nevada Inc. increased its stake in shares of Prologis by 0.5% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 16,583 shares of the real estate investment trust’s stock worth $1,941,000 after purchasing an additional 82 shares in the last quarter. Fidelis Capital Partners LLC increased its position in Prologis by 1.0% during the third quarter. Fidelis Capital Partners LLC now owns 9,069 shares of the real estate investment trust’s stock worth $1,039,000 after buying an additional 89 shares in the last quarter. Ignite Planners LLC raised its holdings in shares of Prologis by 3.2% in the third quarter. Ignite Planners LLC now owns 2,937 shares of the real estate investment trust’s stock worth $336,000 after acquiring an additional 92 shares during the last quarter. ORG Partners LLC raised its holdings in shares of Prologis by 3.3% in the third quarter. ORG Partners LLC now owns 2,867 shares of the real estate investment trust’s stock worth $328,000 after acquiring an additional 92 shares during the last quarter. Finally, Stratos Wealth Partners LTD. lifted its position in shares of Prologis by 0.7% in the second quarter. Stratos Wealth Partners LTD. now owns 13,678 shares of the real estate investment trust’s stock valued at $1,438,000 after acquiring an additional 93 shares in the last quarter. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. UBS Group boosted their target price on shares of Prologis from $144.00 to $148.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Wells Fargo & Company boosted their price objective on shares of Prologis from $120.00 to $139.00 and gave the company an “overweight” rating in a research report on Monday, October 27th. Argus upped their price objective on shares of Prologis from $128.00 to $135.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Barclays restated an “overweight” rating and set a $139.00 target price on shares of Prologis in a research report on Tuesday, January 13th. Finally, Scotiabank raised shares of Prologis from a “sector perform” rating to a “sector outperform” rating and lifted their target price for the stock from $133.00 to $146.00 in a research note on Wednesday, January 14th. Thirteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $135.89.

Prologis Price Performance

PLD opened at $138.93 on Friday. Prologis, Inc. has a 1 year low of $85.35 and a 1 year high of $141.95. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.64 and a current ratio of 0.19. The company’s 50 day simple moving average is $130.47 and its 200 day simple moving average is $121.90. The stock has a market capitalization of $129.05 billion, a PE ratio of 39.13, a P/E/G ratio of 3.44 and a beta of 1.42.

Prologis (NYSE:PLD) last announced its quarterly earnings results on Wednesday, January 21st. The real estate investment trust reported $1.44 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.44. Prologis had a net margin of 37.86% and a return on equity of 5.78%. The company had revenue of $2.25 billion for the quarter, compared to analyst estimates of $2.09 billion. During the same quarter last year, the business earned $1.42 EPS. Prologis’s revenue for the quarter was up 7.8% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. As a group, sell-side analysts expect that Prologis, Inc. will post 5.73 EPS for the current year.

Prologis Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be given a dividend of $1.07 per share. This represents a $4.28 dividend on an annualized basis and a yield of 3.1%. This is a boost from Prologis’s previous quarterly dividend of $1.01. The ex-dividend date of this dividend is Tuesday, March 17th. Prologis’s dividend payout ratio (DPR) is presently 120.56%.

Insider Activity at Prologis

In other news, Director Cristina Gabriela Bita sold 621 shares of the firm’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $127.60, for a total value of $79,239.60. Following the transaction, the director directly owned 8,208 shares in the company, valued at $1,047,340.80. This trade represents a 7.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.57% of the stock is currently owned by company insiders.

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.