Fjarde AP Fonden Fourth Swedish National Pension Fund Makes New $20.10 Million Investment in Prologis, Inc. $PLD

Fjarde AP Fonden Fourth Swedish National Pension Fund bought a new position in shares of Prologis, Inc. (NYSE:PLD) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 157,421 shares of the real estate investment trust’s stock, valued at approximately $20,096,000.

A number of other institutional investors also recently bought and sold shares of PLD. High Point Wealth Management LLC purchased a new position in Prologis during the fourth quarter worth about $26,000. Ares Financial Consulting LLC purchased a new position in Prologis during the fourth quarter worth about $26,000. Eagle Bay Advisors LLC purchased a new position in Prologis during the fourth quarter worth about $27,000. High Note Wealth LLC raised its stake in Prologis by 43.9% during the fourth quarter. High Note Wealth LLC now owns 249 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 76 shares during the period. Finally, True Wealth Design LLC raised its stake in Prologis by 87.1% during the fourth quarter. True Wealth Design LLC now owns 262 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 122 shares during the period. 93.50% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have commented on PLD shares. Wells Fargo & Company lifted their target price on shares of Prologis from $155.00 to $167.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Scotiabank lifted their target price on shares of Prologis from $146.00 to $154.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 21st. BNP Paribas Exane lifted their target price on shares of Prologis from $140.00 to $150.00 and gave the stock an “outperform” rating in a research note on Friday, April 17th. DA Davidson lifted their target price on shares of Prologis from $140.00 to $160.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Finally, Evercore set a $135.00 target price on shares of Prologis in a research note on Friday, April 17th. Sixteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $151.86.

Prologis Price Performance

Shares of PLD opened at $144.69 on Friday. Prologis, Inc. has a 1-year low of $103.41 and a 1-year high of $147.93. The stock has a market cap of $134.90 billion, a PE ratio of 36.45, a P/E/G ratio of 3.18 and a beta of 1.32. The firm has a 50-day simple moving average of $140.40 and a two-hundred day simple moving average of $134.72. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.51 and a quick ratio of 0.51.

Prologis (NYSE:PLD) last announced its quarterly 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. Prologis had a net margin of 41.54% and a return on equity of 6.47%. The business had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.12 billion. During the same period last year, the business earned $1.43 earnings per share. The business’s revenue for the quarter was up 6.9% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. As a group, analysts forecast that Prologis, Inc. will post 6.18 EPS for the current year.

Prologis Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be given 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 dividend yield of 3.0%. Prologis’s dividend payout ratio (DPR) is currently 107.81%.

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.