Prologis, Inc. $PLD Shares Sold by Moody National Bank Trust Division

Moody National Bank Trust Division lessened its stake in shares of Prologis, Inc. (NYSE:PLD) by 30.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,337 shares of the real estate investment trust’s stock after selling 5,354 shares during the quarter. Moody National Bank Trust Division’s holdings in Prologis were worth $1,575,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Brucke Financial Inc. purchased a new stake in Prologis in the fourth quarter valued at $497,000. DAVENPORT & Co LLC grew its holdings in shares of Prologis by 2.1% during the fourth quarter. DAVENPORT & Co LLC now owns 51,999 shares of the real estate investment trust’s stock worth $6,638,000 after purchasing an additional 1,087 shares during the last quarter. Pensionfund Sabic acquired a new stake in shares of Prologis during the fourth quarter worth about $7,463,000. Stolper Co lifted its holdings in shares of Prologis by 1.1% in the 4th quarter. Stolper Co now owns 16,755 shares of the real estate investment trust’s stock valued at $2,139,000 after purchasing an additional 181 shares during the last quarter. Finally, Gilman Hill Asset Management LLC lifted its holdings in shares of Prologis by 5.9% in the 4th quarter. Gilman Hill Asset Management LLC now owns 8,493 shares of the real estate investment trust’s stock valued at $1,084,000 after purchasing an additional 475 shares during the last quarter. Institutional investors and hedge funds own 93.50% of the company’s stock.

Wall Street Analyst Weigh In

PLD has been the topic of a number of recent research reports. Barclays restated an “overweight” rating and issued a $139.00 price objective on shares of Prologis in a research note on Tuesday, January 13th. BNP Paribas Exane increased their target price on shares of Prologis from $129.00 to $140.00 and gave the company an “outperform” rating in a report on Wednesday, January 21st. Royal Bank Of Canada lifted their price target on shares of Prologis from $132.00 to $135.00 and gave the company a “sector perform” rating in a research report on Monday, February 2nd. BTIG Research upped their price target on Prologis from $134.00 to $155.00 and gave the stock a “buy” rating in a report on Wednesday, December 31st. Finally, Wall Street Zen cut Prologis from a “hold” rating to a “sell” rating in a report on Saturday, February 7th. Fourteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $137.20.

Prologis Trading Down 0.1%

Shares of PLD opened at $130.23 on Wednesday. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.58 and a quick ratio of 0.58. Prologis, Inc. has a 1-year low of $85.35 and a 1-year high of $143.95. The stock has a market cap of $121.41 billion, a price-to-earnings ratio of 36.69, a price-to-earnings-growth ratio of 3.07 and a beta of 1.41. The firm has a 50 day simple moving average of $134.84 and a 200-day simple moving average of $127.27.

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

Prologis Increases Dividend

The business 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 dividend of $1.07 per share. The ex-dividend date is Tuesday, March 17th. This represents a $4.28 dividend on an annualized basis and a yield of 3.3%. This is a boost from Prologis’s previous quarterly dividend of $1.01. Prologis’s dividend payout ratio (DPR) is 120.56%.

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.