Stephens Inc. AR Purchases 4,281 Shares of Prologis, Inc. $PLD

Stephens Inc. AR raised its position in shares of Prologis, Inc. (NYSE:PLD) by 8.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 57,415 shares of the real estate investment trust’s stock after purchasing an additional 4,281 shares during the quarter. Stephens Inc. AR’s holdings in Prologis were worth $7,757,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. High Point Wealth Management LLC purchased a new position in shares of Prologis during the 4th quarter valued at $26,000. Ares Financial Consulting LLC bought a new position in Prologis in the 4th quarter worth $26,000. Eagle Bay Advisors LLC purchased a new stake in Prologis in the 4th quarter worth $27,000. SouthState Bank Corp raised its holdings in Prologis by 73.1% during the fourth quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 95 shares during the period. Finally, Hilton Head Capital Partners LLC bought a new stake in Prologis during the fourth quarter valued at about $29,000. 93.50% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. JPMorgan Chase & Co. lifted their target price on Prologis from $141.00 to $157.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. BMO Capital Markets dropped their target price on shares of Prologis from $162.00 to $158.00 and set an “outperform” rating for the company in a research report on Monday, June 29th. BTIG Research lifted their price target on shares of Prologis from $160.00 to $170.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. Citigroup boosted their price target on shares of Prologis from $145.00 to $165.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Finally, BNP Paribas Exane raised their price objective on Prologis from $140.00 to $150.00 and gave the company an “outperform” rating in a research report on Friday, April 17th. Fifteen research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $152.00.

Prologis Price Performance

Shares of PLD stock traded up $2.32 on Tuesday, reaching $142.52. The company’s stock had a trading volume of 338,680 shares, compared to its average volume of 3,572,162. The stock’s fifty day simple moving average is $142.78 and its 200-day simple moving average is $136.88. Prologis, Inc. has a 1 year low of $103.41 and a 1 year high of $150.18. The company has a market capitalization of $132.88 billion, a price-to-earnings ratio of 35.89 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 released its quarterly earnings data on Thursday, April 16th. The real estate investment trust reported $1.05 EPS for the quarter, beating the consensus estimate 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 analyst estimates of $2.12 billion. During the same quarter last year, the business earned $1.43 earnings per share. Prologis’s quarterly 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. Analysts forecast that Prologis, Inc. will post 6.17 earnings per share for the current fiscal year.

Prologis Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th were issued a $1.07 dividend. The ex-dividend date of this dividend was 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 presently 107.81%.

Insider Buying and Selling

In related news, CFO Timothy D. Arndt sold 3,597 shares of Prologis stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $150.00, for a total value of $539,550.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.52% of the company’s stock.

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.