Schroder Investment Management Group Acquires 237,325 Shares of Prologis, Inc. $PLD

Schroder Investment Management Group lifted its holdings in shares of Prologis, Inc. (NYSE:PLD) by 16.9% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,644,024 shares of the real estate investment trust’s stock after acquiring an additional 237,325 shares during the quarter. Schroder Investment Management Group’s holdings in Prologis were worth $188,274,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the business. Clayton Financial Group LLC purchased a new position in Prologis in the 3rd quarter worth about $26,000. Silver Oak Securities Incorporated purchased a new stake in shares of Prologis during the 3rd quarter valued at about $36,000. Rossby Financial LCC grew its stake in shares of Prologis by 69.6% in the third quarter. Rossby Financial LCC now owns 329 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 135 shares during the period. Dogwood Wealth Management LLC grew its stake in shares of Prologis by 87.3% in the third quarter. Dogwood Wealth Management LLC now owns 339 shares of the real estate investment trust’s stock worth $39,000 after acquiring an additional 158 shares during the period. Finally, Clear Investment Research LLC raised its holdings in shares of Prologis by 34.5% during the third quarter. Clear Investment Research LLC now owns 343 shares of the real estate investment trust’s stock valued at $39,000 after purchasing an additional 88 shares during the last quarter. 93.50% of the stock is currently owned by institutional investors.

Prologis Stock Performance

PLD opened at $135.14 on Tuesday. The company’s 50 day moving average is $134.09 and its 200 day moving average is $125.75. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.61. The company has a market cap of $125.62 billion, a price-to-earnings ratio of 38.07, a PEG ratio of 3.33 and a beta of 1.41. Prologis, Inc. has a 12-month low of $85.35 and a 12-month high of $143.95.

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

Prologis Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be paid a $1.07 dividend. This is a positive change from Prologis’s previous quarterly dividend of $1.01. The ex-dividend date is Tuesday, March 17th. This represents a $4.28 annualized dividend and a dividend yield of 3.2%. Prologis’s dividend payout ratio (DPR) is currently 113.80%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. BNP Paribas Exane increased their price objective on shares of Prologis from $129.00 to $140.00 and gave the company an “outperform” rating in a research report on Wednesday, January 21st. Wall Street Zen lowered shares of Prologis from a “hold” rating to a “sell” rating in a research note on Saturday, February 7th. Freedom Capital cut Prologis from a “strong-buy” rating to a “hold” rating in a report on Friday, January 23rd. Jefferies Financial Group raised their price target on Prologis from $146.00 to $157.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. Finally, The Goldman Sachs Group lifted their price objective on Prologis from $137.00 to $148.00 and gave the stock a “neutral” rating in a report on Monday, February 9th. Fourteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price 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.