Van Lanschot Kempen Investment Management N.V. Reduces Stock Position in Prologis, Inc. $PLD

Van Lanschot Kempen Investment Management N.V. lessened its holdings in Prologis, Inc. (NYSE:PLD) by 2.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 403,087 shares of the real estate investment trust’s stock after selling 9,941 shares during the quarter. Van Lanschot Kempen Investment Management N.V.’s holdings in Prologis were worth $51,458,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of PLD. High Point Wealth Management LLC purchased a new position in Prologis in the fourth quarter valued at $26,000. Ares Financial Consulting LLC purchased a new position in Prologis in the fourth quarter valued at $26,000. Eagle Bay Advisors LLC purchased a new position in Prologis in the fourth quarter valued at $27,000. SouthState Bank Corp increased its holdings in Prologis by 73.1% in the fourth quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 95 shares during the last quarter. Finally, Hilton Head Capital Partners LLC purchased a new position in Prologis in the fourth quarter valued at $29,000. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on PLD. UBS Group raised their price objective on Prologis from $148.00 to $161.00 and gave the stock a “buy” rating in a report on Friday, April 17th. Mizuho lifted their target price on Prologis from $143.00 to $150.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 22nd. Truist Financial lifted their target price on Prologis from $139.00 to $154.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Royal Bank Of Canada lifted their target price on Prologis from $135.00 to $148.00 and gave the stock a “sector perform” rating in a research report on Tuesday, April 28th. Finally, Jefferies Financial Group cut their target price on Prologis from $157.00 to $155.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Sixteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, Prologis currently has a consensus rating of “Moderate Buy” and an average target price of $151.86.

Prologis Stock Up 0.9%

PLD opened at $148.49 on Friday. The business’s 50-day simple moving average is $141.99 and its 200-day simple moving average is $135.51. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.51 and a current ratio of 0.51. Prologis, Inc. has a one year low of $103.41 and a one year high of $149.70. The stock has a market capitalization of $138.44 billion, a P/E ratio of 37.40, a price-to-earnings-growth ratio of 3.24 and a beta of 1.32.

Prologis (NYSE:PLD) last posted its earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 EPS for the quarter, topping 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 analysts’ expectations of $2.12 billion. During the same quarter in the previous year, the firm earned $1.43 earnings per share. 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. Analysts anticipate that Prologis, Inc. will post 6.18 EPS for the current year.

Prologis Announces Dividend

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 given a $1.07 dividend. This represents a $4.28 annualized dividend and a yield of 2.9%. The ex-dividend date is Tuesday, June 16th. Prologis’s payout ratio is 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.