Union Bancaire Privee UBP SA Takes Position in Prologis, Inc. $PLD

Union Bancaire Privee UBP SA acquired a new position in Prologis, Inc. (NYSE:PLD) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 63,771 shares of the real estate investment trust’s stock, valued at approximately $8,141,000.

A number of other large investors have also recently bought and sold shares of the company. D.A. Davidson & CO. increased its holdings in shares of Prologis by 16.7% during the 3rd quarter. D.A. Davidson & CO. now owns 587,157 shares of the real estate investment trust’s stock valued at $67,241,000 after purchasing an additional 83,966 shares in the last quarter. Foresight Group Ltd Liability Partnership boosted its holdings in Prologis by 240.1% during the third quarter. Foresight Group Ltd Liability Partnership now owns 44,715 shares of the real estate investment trust’s stock worth $5,109,000 after buying an additional 31,567 shares in the last quarter. National Pension Service grew its position in Prologis by 2.4% during the third quarter. National Pension Service now owns 2,443,137 shares of the real estate investment trust’s stock valued at $279,788,000 after buying an additional 56,272 shares during the period. Envestnet Asset Management Inc. grew its position in Prologis by 3.6% during the third quarter. Envestnet Asset Management Inc. now owns 3,644,875 shares of the real estate investment trust’s stock valued at $417,411,000 after buying an additional 126,613 shares during the period. Finally, Assetmark Inc. increased its holdings in Prologis by 10.0% in the third quarter. Assetmark Inc. now owns 79,350 shares of the real estate investment trust’s stock valued at $9,087,000 after buying an additional 7,217 shares in the last quarter. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Prologis Stock Down 0.1%

PLD opened at $131.02 on Friday. The company has a market cap of $121.79 billion, a PE ratio of 36.91, a price-to-earnings-growth ratio of 3.10 and a beta of 1.41. Prologis, Inc. has a twelve month low of $85.35 and a twelve month high of $143.95. The company has a 50-day moving average price of $134.84 and a 200 day moving average price of $126.71. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.61.

Prologis (NYSE:PLD) last posted its quarterly earnings data on Wednesday, January 21st. The real estate investment trust reported $1.44 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.44. Prologis had a return on equity of 5.79% and a net margin of 37.86%.The company had revenue of $2.25 billion for the quarter, compared to analysts’ expectations of $2.09 billion. During the same period in the previous year, the firm posted $1.42 EPS. Prologis’s revenue was up 7.8% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. Sell-side analysts expect that Prologis, Inc. will post 5.73 earnings per share for the current fiscal year.

Prologis Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be given a dividend of $1.07 per share. The ex-dividend date is Tuesday, March 17th. This is a positive change from Prologis’s previous quarterly dividend of $1.01. This represents a $4.28 annualized dividend and a dividend yield of 3.3%. Prologis’s dividend payout ratio (DPR) is presently 120.56%.

Wall Street Analysts Forecast Growth

PLD has been the topic of several recent analyst reports. Barclays reissued an “overweight” rating and set a $139.00 target price on shares of Prologis in a research note on Tuesday, January 13th. BNP Paribas Exane upped their price target on Prologis from $129.00 to $140.00 and gave the stock an “outperform” rating in a report on Wednesday, January 21st. Morgan Stanley set a $135.00 price objective on Prologis in a report on Friday, January 16th. Wall Street Zen cut Prologis from a “hold” rating to a “sell” rating in a research report on Saturday, February 7th. Finally, Jefferies Financial Group upped their target price on Prologis from $146.00 to $157.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. Fourteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $137.20.

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.