Spectrum Strategic Capital Management LLC Makes New $527,000 Investment in Prologis, Inc. $PLD

Spectrum Strategic Capital Management LLC purchased a new position in shares of Prologis, Inc. (NYSE:PLD) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 4,129 shares of the real estate investment trust’s stock, valued at approximately $527,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of PLD. High Point Wealth Management LLC bought a new position in shares of Prologis during the 4th quarter worth approximately $26,000. Ares Financial Consulting LLC acquired a new position in shares of Prologis during the fourth quarter worth approximately $26,000. Eagle Bay Advisors LLC acquired a new position in shares of Prologis during the fourth quarter worth approximately $27,000. High Note Wealth LLC raised its position in shares of 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 position in shares of 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 currently owned by institutional investors.

Prologis Stock Down 0.0%

Shares of NYSE:PLD opened at $140.50 on Monday. The company has a market capitalization of $130.99 billion, a PE ratio of 35.39, a price-to-earnings-growth ratio of 3.10 and a beta of 1.33. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.51 and a quick ratio of 0.51. The business has a fifty day moving average price of $137.01 and a two-hundred day moving average price of $132.73. Prologis, Inc. has a 1 year low of $103.02 and a 1 year high of $145.44.

Prologis (NYSE:PLD) last released 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 firm had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.12 billion. Prologis had a net margin of 41.54% and a return on equity of 6.47%. The company’s revenue was up 6.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.43 EPS. 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 year.

Prologis Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on PLD shares. JPMorgan Chase & Co. upped their target price on Prologis from $141.00 to $157.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. Weiss Ratings raised Prologis from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 1st. Argus upped their target price on Prologis from $135.00 to $152.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. BTIG Research reaffirmed a “buy” rating and set a $155.00 target price on shares of Prologis in a research report on Wednesday, April 15th. Finally, 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. Sixteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $149.76.

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.