Prologis, Inc. $PLD Shares Acquired by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC increased its holdings in shares of Prologis, Inc. (NYSE:PLD) by 2.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 875,127 shares of the real estate investment trust’s stock after acquiring an additional 20,012 shares during the quarter. Prologis comprises 2.3% of Valeo Financial Advisors LLC’s investment portfolio, making the stock its 12th biggest position. Valeo Financial Advisors LLC owned about 0.09% of Prologis worth $100,220,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of PLD. Clayton Financial Group LLC acquired a new position in shares of Prologis during the 3rd quarter worth approximately $26,000. Silver Oak Securities Incorporated purchased a new position in Prologis during the third quarter worth approximately $36,000. Barrett & Company Inc. acquired a new position in Prologis during the second quarter worth $44,000. Twin Peaks Wealth Advisors LLC purchased a new stake in Prologis in the 2nd quarter valued at $44,000. Finally, SJS Investment Consulting Inc. acquired a new stake in shares of Prologis in the 3rd quarter worth $44,000. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Prologis Price Performance

Shares of PLD opened at $128.71 on Wednesday. The firm has a 50-day simple moving average of $128.54 and a two-hundred day simple moving average of $119.62. The stock has a market cap of $119.55 billion, a PE ratio of 37.52, a P/E/G ratio of 3.69 and a beta of 1.40. Prologis, Inc. has a 1-year low of $85.35 and a 1-year high of $134.94. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.19 and a quick ratio of 0.64.

Prologis (NYSE:PLD) last posted its quarterly earnings data on Wednesday, January 21st. The real estate investment trust reported $1.44 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.44. Prologis had a net margin of 37.86% and a return on equity of 6.64%. The firm had revenue of $2.25 billion during the quarter, compared to analysts’ expectations of $2.09 billion. During the same quarter last year, the company posted $1.42 EPS. The firm’s quarterly revenue was up 7.8% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. As a group, analysts forecast that Prologis, Inc. will post 5.73 EPS for the current year.

Prologis Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 16th were paid a dividend of $1.01 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a $4.04 annualized dividend and a yield of 3.1%. Prologis’s dividend payout ratio is presently 117.78%.

Insider Transactions at Prologis

In related news, Director Cristina Gabriela Bita sold 621 shares of the firm’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $127.60, for a total transaction of $79,239.60. Following the completion of the transaction, the director directly owned 8,208 shares in the company, valued at $1,047,340.80. This trade represents a 7.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.57% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on PLD. Wells Fargo & Company boosted their price target on shares of Prologis from $120.00 to $139.00 and gave the company an “overweight” rating in a research report on Monday, October 27th. Argus lifted their target price on shares of Prologis from $128.00 to $135.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. BTIG Research boosted their target price on shares of Prologis from $134.00 to $155.00 and gave the company a “buy” rating in a report on Wednesday, December 31st. Evercore ISI raised their price target on shares of Prologis from $118.00 to $121.00 and gave the stock an “in-line” rating in a report on Thursday, January 22nd. Finally, Scotiabank raised shares of Prologis from a “sector perform” rating to a “sector outperform” rating and lifted their price target for the company from $133.00 to $146.00 in a research report on Wednesday, January 14th. Thirteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $134.22.

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.