Natixis Advisors LLC Acquires 43,452 Shares of Prologis, Inc. $PLD

Natixis Advisors LLC increased its holdings in shares of Prologis, Inc. (NYSE:PLD) by 4.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 954,485 shares of the real estate investment trust’s stock after acquiring an additional 43,452 shares during the period. Natixis Advisors LLC’s holdings in Prologis were worth $121,850,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of PLD. Brighton Jones LLC lifted 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 acquiring an additional 15,078 shares during the last quarter. Schnieders Capital Management LLC. raised its position in 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 purchasing an additional 3,350 shares in the last quarter. Walleye Capital LLC bought a new stake in Prologis during the 2nd quarter valued at $422,000. NewEdge Advisors LLC raised its position in Prologis by 6.8% during the 2nd quarter. NewEdge Advisors LLC now owns 63,829 shares of the real estate investment trust’s stock valued at $6,710,000 after purchasing an additional 4,074 shares in the last quarter. Finally, Treasurer of the State of North Carolina raised its position in Prologis by 2.4% during the 2nd quarter. Treasurer of the State of North Carolina now owns 433,312 shares of the real estate investment trust’s stock valued at $45,550,000 after purchasing an additional 10,266 shares in the last quarter. 93.50% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on PLD shares. Evercore set a $135.00 target price on Prologis in a research report on Friday, April 17th. Argus lifted their target price on Prologis from $135.00 to $152.00 and gave the company a “buy” rating in a research report on Friday, April 17th. Weiss Ratings raised Prologis from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 1st. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $157.00 target price on shares of Prologis in a research report on Friday, April 17th. Finally, Wall Street Zen raised Prologis from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Sixteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $151.86.

Prologis Trading Up 0.9%

Shares of NYSE:PLD opened at $140.25 on Wednesday. Prologis, Inc. has a 12-month low of $103.41 and a 12-month high of $147.93. The business’s fifty day simple moving average is $139.36 and its 200-day simple moving average is $134.26. The company has a market capitalization of $130.76 billion, a PE ratio of 35.33, a P/E/G ratio of 3.06 and a beta of 1.32. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.60.

Prologis (NYSE:PLD) last announced its quarterly earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.24. Prologis had a return on equity of 6.47% and a net margin of 41.54%.The business had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same period last year, the business posted $1.43 EPS. The business’s revenue was up 6.9% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. As a group, equities research analysts predict that Prologis, Inc. will post 6.18 earnings per share for the current fiscal year.

Prologis Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be issued a $1.07 dividend. The ex-dividend date is Tuesday, June 16th. This represents a $4.28 dividend on an annualized basis and a dividend yield of 3.1%. Prologis’s dividend payout ratio (DPR) is currently 107.81%.

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.