Focused Wealth Management Inc Makes New Investment in Prologis, Inc. $PLD

Focused Wealth Management Inc acquired a new stake in shares of Prologis, Inc. (NYSE:PLD) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,853 shares of the real estate investment trust’s stock, valued at approximately $509,000.

Several other institutional investors have also recently made changes to their positions in PLD. High Point Wealth Management LLC acquired a new stake in shares of Prologis in the 4th quarter valued at about $26,000. Ares Financial Consulting LLC acquired a new position in Prologis during the 4th quarter worth approximately $26,000. Eagle Bay Advisors LLC acquired a new position in Prologis during the 4th quarter worth approximately $27,000. SouthState Bank Corp boosted 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 worth $29,000 after acquiring an additional 95 shares in the last quarter. Finally, Hilton Head Capital Partners LLC acquired a new stake in Prologis in the fourth quarter valued at approximately $29,000. Institutional investors and hedge funds own 93.50% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on PLD. Royal Bank Of Canada boosted their price objective on Prologis from $135.00 to $148.00 and gave the company a “sector perform” rating in a report on Tuesday, April 28th. UBS Group lifted their price target on shares of Prologis from $148.00 to $161.00 and gave the company a “buy” rating in a research report on Friday, April 17th. Argus lifted their price target on shares of Prologis from $135.00 to $152.00 and gave the company a “buy” rating in a research report on Friday, April 17th. Robert W. Baird boosted their price target on shares of Prologis from $133.00 to $136.00 and gave the company a “neutral” rating in a research note on Friday, April 17th. Finally, Jefferies Financial Group lowered their price objective on shares of Prologis from $157.00 to $155.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Fifteen research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, Prologis has a consensus rating of “Moderate Buy” and a consensus price target of $151.48.

Prologis Stock Performance

Shares of PLD opened at $145.53 on Wednesday. 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 stock has a 50 day moving average price of $143.18 and a two-hundred day moving average price of $136.32. The firm has a market capitalization of $135.68 billion, a P/E ratio of 36.66, a P/E/G ratio of 3.12 and a beta of 1.32. Prologis, Inc. has a 52 week low of $103.41 and a 52 week high of $150.18.

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

Prologis Announces Dividend

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

Insiders Place Their Bets

In other Prologis news, CFO Timothy D. Arndt sold 3,597 shares of Prologis stock in a transaction on Monday, June 15th. The shares were sold at an average price of $150.00, for a total transaction of $539,550.00. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.52% of the company’s stock.

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.