Stratos Wealth Partners LTD. Acquires 6,569 Shares of Prologis, Inc. $PLD

Stratos Wealth Partners LTD. increased its holdings in shares of Prologis, Inc. (NYSE:PLD) by 48.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,247 shares of the real estate investment trust’s stock after purchasing an additional 6,569 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Prologis were worth $2,319,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the business. Clayton Financial Group LLC bought a new stake in shares of Prologis during the third quarter valued at approximately $26,000. Silver Oak Securities Incorporated purchased a new position in Prologis during the third quarter valued at $36,000. AlphaQuest LLC purchased a new position in Prologis during the third quarter valued at $39,000. Twin Peaks Wealth Advisors LLC bought a new stake in Prologis in the 2nd quarter valued at $44,000. Finally, SJS Investment Consulting Inc. purchased a new stake in Prologis in the 3rd quarter worth $44,000. 93.50% of the stock is owned by hedge funds and other institutional investors.

Prologis Price Performance

Shares of Prologis stock opened at $138.93 on Friday. The stock has a market cap of $129.05 billion, a price-to-earnings ratio of 39.13, a price-to-earnings-growth ratio of 3.44 and a beta of 1.42. 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 stock has a 50 day moving average price of $130.47 and a 200-day moving average price of $121.90. Prologis, Inc. has a one year low of $85.35 and a one year high of $141.95.

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

Prologis Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be given a $1.07 dividend. This is an increase from Prologis’s previous quarterly dividend of $1.01. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $4.28 dividend on an annualized basis and a yield of 3.1%. Prologis’s dividend payout ratio is currently 120.56%.

Insider Transactions at Prologis

In other news, Director Cristina Gabriela Bita sold 621 shares of the company’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $127.60, for a total transaction of $79,239.60. Following the transaction, the director owned 8,208 shares of the company’s stock, valued at approximately $1,047,340.80. This represents a 7.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.57% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Prologis in a report on Monday, December 29th. Citigroup restated a “buy” rating on shares of Prologis in a report on Monday, January 26th. Argus lifted their price objective on Prologis from $128.00 to $135.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Truist Financial lowered their target price on Prologis from $142.00 to $139.00 and set a “buy” rating for the company in a research report on Monday, January 26th. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $123.00 target price on shares of Prologis in a report on Thursday, January 22nd. Thirteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Prologis presently has a consensus rating of “Moderate Buy” and a consensus target price of $135.89.

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.