Vinva Investment Management Ltd Grows Stock Holdings in Prologis, Inc. $PLD

Vinva Investment Management Ltd lifted its position in Prologis, Inc. (NYSE:PLD) by 19.8% in the third quarter, Holdings Channel.com reports. The firm owned 75,037 shares of the real estate investment trust’s stock after purchasing an additional 12,402 shares during the quarter. Vinva Investment Management Ltd’s holdings in Prologis were worth $8,572,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of PLD. Parallel Advisors LLC lifted its position in Prologis by 8.4% in the 3rd quarter. Parallel Advisors LLC now owns 8,919 shares of the real estate investment trust’s stock worth $1,022,000 after buying an additional 691 shares during the last quarter. Black Swift Group LLC grew its position in Prologis by 41.2% during the third quarter. Black Swift Group LLC now owns 14,030 shares of the real estate investment trust’s stock valued at $1,607,000 after acquiring an additional 4,095 shares during the last quarter. Natixis Advisors LLC raised its stake in shares of Prologis by 11.1% during the third quarter. Natixis Advisors LLC now owns 911,033 shares of the real estate investment trust’s stock worth $104,331,000 after acquiring an additional 90,890 shares in the last quarter. Korea Investment CORP lifted its holdings in shares of Prologis by 14.0% in the 3rd quarter. Korea Investment CORP now owns 622,184 shares of the real estate investment trust’s stock worth $71,253,000 after acquiring an additional 76,517 shares during the last quarter. Finally, Munich Reinsurance Co Stock Corp in Munich bought a new stake in shares of Prologis in the 3rd quarter worth approximately $178,000. 93.50% of the stock is currently owned by institutional investors.

Prologis Price Performance

PLD stock opened at $134.42 on Monday. The stock has a market capitalization of $124.95 billion, a price-to-earnings ratio of 37.86, a PEG ratio of 3.33 and a beta of 1.41. The firm’s 50-day moving average price is $133.95 and its two-hundred day moving average price is $125.56. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.61. Prologis, Inc. has a 12-month low of $85.35 and a 12-month high of $143.95.

Prologis (NYSE:PLD) last posted its earnings results on Wednesday, January 21st. The real estate investment trust reported $1.44 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.44. The company had revenue of $2.25 billion during the quarter, compared to analyst estimates of $2.09 billion. Prologis had a net margin of 37.86% and a return on equity of 5.79%. Prologis’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.42 earnings per share. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. As a group, equities analysts predict that Prologis, Inc. will post 5.73 earnings per share for the current year.

Prologis Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be given a $1.07 dividend. The ex-dividend date is Tuesday, March 17th. This represents a $4.28 dividend on an annualized basis and a dividend yield of 3.2%. This is an increase from Prologis’s previous quarterly dividend of $1.01. Prologis’s dividend payout ratio is 120.56%.

Analyst Ratings Changes

Several research firms recently commented on PLD. Royal Bank Of Canada increased their target price on shares of Prologis from $132.00 to $135.00 and gave the company a “sector perform” rating in a report on Monday, February 2nd. Weiss Ratings restated a “buy (b-)” rating on shares of Prologis in a research report on Monday, December 29th. Truist Financial reduced their price objective on Prologis from $142.00 to $139.00 and set a “buy” rating on the stock in a research note on Monday, January 26th. Robert W. Baird reiterated a “neutral” rating and issued a $130.00 price objective (up from $128.00) on shares of Prologis in a report on Thursday, January 8th. Finally, Scotiabank upgraded Prologis from a “sector perform” rating to a “sector outperform” rating and increased their target price for the company from $133.00 to $146.00 in a report on Wednesday, January 14th. Fourteen investment 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.com, Prologis presently has an average rating of “Moderate Buy” and a consensus target price of $137.20.

Prologis Company 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.