Focus Partners Advisor Solutions LLC Makes New $843,000 Investment in Prologis, Inc. $PLD

Focus Partners Advisor Solutions LLC purchased a new stake in Prologis, Inc. (NYSE:PLD) in the second quarter, HoldingsChannel reports. The institutional investor purchased 6,219 shares of the real estate investment trust’s stock, valued at approximately $843,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brighton Jones LLC raised its holdings in shares of Prologis by 629.0% in the 4th quarter. Brighton Jones LLC now owns 17,475 shares of the real estate investment trust’s stock valued at $1,847,000 after purchasing an additional 15,078 shares during the period. Schnieders Capital Management LLC. lifted its stake in Prologis by 45.4% in the 2nd quarter. Schnieders Capital Management LLC. now owns 10,728 shares of the real estate investment trust’s stock valued at $1,128,000 after purchasing an additional 3,350 shares during the last quarter. Walleye Capital LLC bought a new position in Prologis during the second quarter worth about $422,000. NewEdge Advisors LLC grew its holdings in Prologis by 6.8% during the second quarter. NewEdge Advisors LLC now owns 63,829 shares of the real estate investment trust’s stock worth $6,710,000 after purchasing an additional 4,074 shares during the period. Finally, Treasurer of the State of North Carolina increased its position in Prologis by 2.4% during the second quarter. Treasurer of the State of North Carolina now owns 433,312 shares of the real estate investment trust’s stock worth $45,550,000 after buying an additional 10,266 shares during the last quarter. Institutional investors own 93.50% of the company’s stock.

Prologis Stock Down 0.3%

Prologis stock opened at $140.61 on Tuesday. The stock has a market cap of $131.20 billion, a P/E ratio of 31.32 and a beta of 1.31. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.63. Prologis, Inc. has a twelve month low of $105.42 and a twelve month high of $153.35. The company’s 50-day moving average price is $143.05 and its two-hundred day moving average price is $140.04.

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

Insider Buying and Selling at Prologis

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

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Citigroup upped their price objective on Prologis from $145.00 to $165.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Wells Fargo & Company lifted their target price on Prologis from $155.00 to $167.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Royal Bank Of Canada raised Prologis from a “sector perform” rating to an “outperform” rating and boosted their target price for the stock from $148.00 to $160.00 in a report on Tuesday, August 4th. Scotiabank increased their price target on Prologis from $146.00 to $150.00 and gave the company a “sector perform” rating in a research note on Thursday, July 23rd. Finally, Weiss Ratings raised Prologis from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, August 12th. Sixteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Prologis has an average rating of “Moderate Buy” and an average price target of $154.57.

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.