Two Sigma Securities LLC Invests $1.03 Million in Prologis, Inc. $PLD

Two Sigma Securities LLC bought a new position in Prologis, Inc. (NYSE:PLD) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 7,579 shares of the real estate investment trust’s stock, valued at approximately $1,027,000.

A number of other institutional investors have also recently bought and sold shares of PLD. Solstein Capital LLC purchased a new position in Prologis during the second quarter worth approximately $25,000. Manning & Napier Advisors LLC acquired a new position in shares of Prologis in the 2nd quarter valued at $25,000. Clearstead Trust LLC purchased a new stake in shares of Prologis during the 2nd quarter valued at $28,000. SouthState Bank Corp grew its stake in shares of Prologis by 73.1% during the 4th 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 period. Finally, Hilton Head Capital Partners LLC acquired a new stake in shares of Prologis during the 4th quarter worth $29,000. 93.50% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Mizuho increased their target price on Prologis from $150.00 to $159.00 and gave the stock an “outperform” rating in a research report on Friday, July 17th. Weiss Ratings downgraded Prologis from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, August 26th. Barclays upped their price target on Prologis from $139.00 to $156.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Wells Fargo & Company raised their price objective on Prologis from $155.00 to $167.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Finally, BMO Capital Markets reduced their price objective on Prologis from $162.00 to $158.00 and set an “outperform” rating on the stock in a research note on Monday, June 29th. Sixteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $154.57.

Prologis Stock Performance

Shares of PLD stock opened at $139.94 on Tuesday. The company’s fifty day simple moving average is $142.37 and its 200-day simple moving average is $140.61. Prologis, Inc. has a 52 week low of $110.51 and a 52 week high of $153.35. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.63. The company has a market cap of $130.58 billion, a PE ratio of 31.17 and a beta of 1.31.

Prologis (NYSE:PLD) last posted its earnings results on Thursday, July 16th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.38. Prologis had a net margin of 45.79% and a return on equity of 7.29%. The business had revenue of $2.43 billion for the quarter, compared to analyst estimates of $2.16 billion. During the same quarter in the previous year, the business posted $1.46 EPS. The business’s quarterly revenue was up 11.0% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. As a group, equities research analysts anticipate that Prologis, Inc. will post 6.27 EPS for the current year.

Insider Activity at Prologis

In other Prologis news, CFO Timothy D. Arndt sold 3,597 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $150.00, for a total transaction of $539,550.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.52% of the stock is currently owned by corporate insiders.

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.