LM Advisors LLC Has $64,000 Stake in Prologis, Inc. $PLD

LM Advisors LLC decreased its holdings in shares of Prologis, Inc. (NYSE:PLD) by 87.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 500 shares of the real estate investment trust’s stock after selling 3,406 shares during the quarter. LM Advisors LLC’s holdings in Prologis were worth $64,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Nvwm LLC boosted its holdings in Prologis by 6,069.7% during the fourth quarter. Nvwm LLC now owns 15,486 shares of the real estate investment trust’s stock worth $1,977,000 after purchasing an additional 15,235 shares during the last quarter. Assetmark Inc. lifted its stake in Prologis by 10.0% in the third quarter. Assetmark Inc. now owns 79,350 shares of the real estate investment trust’s stock valued at $9,087,000 after acquiring an additional 7,217 shares during the last quarter. State of New Jersey Common Pension Fund D lifted its stake in Prologis by 1.9% in the third quarter. State of New Jersey Common Pension Fund D now owns 754,060 shares of the real estate investment trust’s stock valued at $86,355,000 after acquiring an additional 14,318 shares during the last quarter. Public Sector Pension Investment Board lifted its stake in Prologis by 32.1% in the third quarter. Public Sector Pension Investment Board now owns 252,188 shares of the real estate investment trust’s stock valued at $28,881,000 after acquiring an additional 61,230 shares during the last quarter. Finally, CIBC Bancorp USA Inc. acquired a new stake in Prologis in the third quarter valued at $42,158,000. Institutional investors and hedge funds own 93.50% of the company’s stock.

Prologis Price Performance

Shares of PLD opened at $148.49 on Friday. The company’s 50-day moving average is $141.99 and its 200-day moving average is $135.51. 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 firm has a market capitalization of $138.44 billion, a PE ratio of 37.40, a PEG ratio of 3.27 and a beta of 1.32. Prologis, Inc. has a fifty-two week low of $103.41 and a fifty-two week high of $149.70.

Prologis (NYSE:PLD) last posted its earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.24. The company had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.12 billion. Prologis had a net margin of 41.54% and a return on equity of 6.47%. Prologis’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.43 EPS. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. Equities analysts forecast that Prologis, Inc. will post 6.18 EPS for the current year.

Prologis Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be paid a dividend of $1.07 per share. This represents a $4.28 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Tuesday, June 16th. Prologis’s dividend payout ratio (DPR) is currently 107.81%.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Citigroup increased their price target on shares of Prologis from $145.00 to $165.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Royal Bank Of Canada increased their price target on shares of Prologis from $135.00 to $148.00 and gave the company a “sector perform” rating in a research note on Tuesday, April 28th. BTIG Research reiterated a “buy” rating and issued a $155.00 price target on shares of Prologis in a research note on Wednesday, April 15th. Weiss Ratings upgraded shares of Prologis from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, May 1st. Finally, BNP Paribas Exane increased their price target on shares of Prologis from $140.00 to $150.00 and gave the company an “outperform” rating in a research note on Friday, April 17th. Sixteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Prologis has a consensus rating of “Moderate Buy” and a consensus price target of $151.86.

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.