Triglav Investments D.O.O. Purchases Shares of 46,587 Prologis, Inc. $PLD

Triglav Investments D.O.O. purchased a new stake in Prologis, Inc. (NYSE:PLD) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 46,587 shares of the real estate investment trust’s stock, valued at approximately $5,947,000.

A number of other large investors also recently bought and sold shares of PLD. High Point Wealth Management LLC acquired 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 4th quarter worth approximately $26,000. Eagle Bay Advisors LLC acquired a new position in shares of Prologis during the 4th quarter worth approximately $27,000. High Note Wealth LLC raised its stake in shares of Prologis by 43.9% during the 4th quarter. High Note Wealth LLC now owns 249 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 76 shares during the period. Finally, True Wealth Design LLC raised its stake in shares of Prologis by 87.1% during the 4th quarter. True Wealth Design LLC now owns 262 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 122 shares during the period. 93.50% of the stock is owned by institutional investors and hedge funds.

Prologis Stock Down 1.3%

NYSE PLD opened at $143.80 on Friday. The business has a fifty day moving average price of $139.20 and a 200 day moving average price of $134.11. Prologis, Inc. has a one year low of $103.41 and a one year high of $147.93. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.51 and a current ratio of 0.51. The company has a market cap of $134.07 billion, a P/E ratio of 36.22, a P/E/G ratio of 3.20 and a beta of 1.33.

Prologis (NYSE:PLD) last posted 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 return on equity of 6.47% and a net margin of 41.54%.The firm had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.12 billion. During the same period in the prior year, the company earned $1.43 EPS. The firm’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. Research analysts anticipate that Prologis, Inc. will post 6.18 EPS for the current fiscal year.

Prologis Announces Dividend

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

Analyst Ratings Changes

Several brokerages have recently weighed in on PLD. Truist Financial upped their target price on Prologis from $139.00 to $154.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Royal Bank Of Canada upped their target price on Prologis from $135.00 to $148.00 and gave the stock a “sector perform” rating in a research note on Tuesday, April 28th. Evercore set a $135.00 target price on Prologis in a research note on Friday, April 17th. Mizuho upped their target price on Prologis from $143.00 to $150.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 22nd. Finally, Wall Street Zen raised Prologis from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Sixteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $150.52.

Prologis Company 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.