145,124 Shares in Prologis, Inc. $PLD Acquired by PBU The Pension Fund of Early Childhood & Youth Educators

PBU The Pension Fund of Early Childhood & Youth Educators purchased a new position in Prologis, Inc. (NYSE:PLD) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 145,124 shares of the real estate investment trust’s stock, valued at approximately $18,527,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in PLD. Brighton Jones LLC grew its stake in shares of Prologis by 629.0% in 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 last quarter. Schnieders Capital Management LLC. grew its stake in shares of Prologis by 45.4% in the 2nd quarter. Schnieders Capital Management LLC. now owns 10,728 shares of the real estate investment trust’s stock worth $1,128,000 after buying an additional 3,350 shares during the last quarter. Walleye Capital LLC purchased a new stake in shares of Prologis in the 2nd quarter worth approximately $422,000. NewEdge Advisors LLC grew its stake in shares of Prologis by 6.8% in the 2nd quarter. NewEdge Advisors LLC now owns 63,829 shares of the real estate investment trust’s stock worth $6,710,000 after buying an additional 4,074 shares during the last quarter. Finally, Treasurer of the State of North Carolina grew its stake in shares of Prologis by 2.4% in the 2nd quarter. Treasurer of the State of North Carolina now owns 433,312 shares of the real estate investment trust’s stock worth $45,550,000 after buying an additional 10,266 shares during the last quarter. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Prologis Stock Performance

PLD stock opened at $144.69 on Friday. The stock has a market capitalization of $134.90 billion, a PE ratio of 36.45, a price-to-earnings-growth ratio of 3.16 and a beta of 1.32. Prologis, Inc. has a 12-month low of $103.41 and a 12-month high of $147.93. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.60. The stock’s 50 day simple moving average is $140.40 and its 200 day simple moving average is $134.72.

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

Prologis Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be paid a dividend of $1.07 per share. The ex-dividend date is Tuesday, June 16th. This represents a $4.28 dividend on an annualized basis and a yield of 3.0%. Prologis’s payout ratio is currently 107.81%.

Wall Street Analyst Weigh In

PLD has been the topic of several analyst reports. Jefferies Financial Group lowered their price objective on Prologis from $157.00 to $155.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Citigroup upped their price objective on Prologis from $145.00 to $165.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. BTIG Research reaffirmed a “buy” rating and issued a $155.00 price objective on shares of Prologis in a research report on Wednesday, April 15th. Weiss Ratings raised Prologis from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 1st. Finally, JPMorgan Chase & Co. upped their price objective on Prologis from $141.00 to $157.00 and gave the company an “overweight” rating in a research report on Tuesday, April 21st. Sixteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $151.86.

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.