Prologis, Inc. $PLD Shares Purchased by Generate Investment Management Ltd

Generate Investment Management Ltd increased its holdings in Prologis, Inc. (NYSE:PLD) by 113.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 157,480 shares of the real estate investment trust’s stock after purchasing an additional 83,832 shares during the quarter. Generate Investment Management Ltd’s holdings in Prologis were worth $20,104,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of PLD. Brighton Jones LLC raised its stake in shares of Prologis by 629.0% during the 4th quarter. Brighton Jones LLC now owns 17,475 shares of the real estate investment trust’s stock worth $1,847,000 after buying an additional 15,078 shares during the period. Schnieders Capital Management LLC. lifted its position in shares of Prologis by 45.4% during 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 buying an additional 3,350 shares in the last quarter. CreativeOne Wealth LLC grew its stake in Prologis by 32.1% in the 2nd quarter. CreativeOne Wealth LLC now owns 8,707 shares of the real estate investment trust’s stock valued at $915,000 after acquiring an additional 2,116 shares during the period. Steward Partners Investment Advisory LLC grew its stake in Prologis by 4.3% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 33,461 shares of the real estate investment trust’s stock valued at $3,517,000 after acquiring an additional 1,379 shares during the period. Finally, Laurel Wealth Advisors LLC increased its holdings in Prologis by 10,412.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 33,218 shares of the real estate investment trust’s stock worth $3,492,000 after acquiring an additional 32,902 shares in the last quarter. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Prologis Stock Performance

NYSE:PLD opened at $128.93 on Friday. The company has a market cap of $120.19 billion, a P/E ratio of 36.32, a P/E/G ratio of 3.06 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’s 50-day moving average price is $134.66 and its 200-day moving average price is $127.41. 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 (NYSE:PLD) last announced its quarterly earnings data on Wednesday, January 21st. The real estate investment trust reported $1.44 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.44. The company had revenue of $2.25 billion during the quarter, compared to analysts’ expectations of $2.09 billion. Prologis had a net margin of 37.86% and a return on equity of 5.79%. Prologis’s revenue was up 7.8% compared to the same quarter last year. 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. On average, sell-side analysts forecast that Prologis, Inc. will post 5.73 earnings per share for the current fiscal year.

Prologis Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be issued a $1.07 dividend. This represents a $4.28 annualized dividend and a yield of 3.3%. The ex-dividend date is Tuesday, March 17th. This is an increase from Prologis’s previous quarterly dividend of $1.01. Prologis’s dividend payout ratio (DPR) is currently 120.56%.

Wall Street Analyst Weigh In

Several research firms have issued reports on PLD. Citigroup assumed coverage on shares of Prologis in a report on Thursday, March 5th. They set a “buy” rating and a $145.00 price objective on the stock. Jefferies Financial Group boosted their target price on shares of Prologis from $146.00 to $157.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. Royal Bank Of Canada upped their price target on shares of Prologis from $132.00 to $135.00 and gave the stock a “sector perform” rating in a research report on Monday, February 2nd. The Goldman Sachs Group raised their price target on shares of Prologis from $137.00 to $148.00 and gave the company a “neutral” rating in a research note on Monday, February 9th. Finally, 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. Fourteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, Prologis presently has a consensus rating of “Moderate Buy” and a consensus price target 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.