Prologis, Inc. $PLD Shares Bought by Sustainable Insight Capital Management LLC

Sustainable Insight Capital Management LLC lifted its position in shares of Prologis, Inc. (NYSE:PLD) by 350.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,098 shares of the real estate investment trust’s stock after acquiring an additional 6,300 shares during the quarter. Sustainable Insight Capital Management LLC’s holdings in Prologis were worth $1,070,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of PLD. High Point Wealth Management LLC purchased a new position in Prologis in the 4th quarter valued at approximately $26,000. Ares Financial Consulting LLC purchased a new stake in Prologis during the fourth quarter worth $26,000. Eagle Bay Advisors LLC purchased a new stake in Prologis during the fourth quarter worth $27,000. SouthState Bank Corp boosted its position in Prologis by 73.1% during the fourth quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust’s stock worth $29,000 after purchasing 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 $29,000. Institutional investors and hedge funds own 93.50% of the company’s stock.

Insider Buying and Selling at Prologis

In related news, CFO Timothy D. Arndt sold 3,597 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $150.00, for a total transaction of $539,550.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.52% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on PLD. Raymond James Financial began coverage on Prologis in a research report on Thursday, June 18th. They issued a “market perform” rating for the company. Jefferies Financial Group decreased their price objective on shares of Prologis from $157.00 to $155.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Scotiabank increased their price objective on shares of Prologis from $146.00 to $150.00 and gave the company a “sector perform” rating in a research note on Thursday. JPMorgan Chase & Co. raised their target price on shares of Prologis from $141.00 to $157.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Finally, Evercore set a $135.00 target price on shares of Prologis in a report on Friday, April 17th. Fifteen analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $153.81.

Trending Headlines about Prologis

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Segro’s board said it would recommend Prologis’s final $18.7 billion takeover bid, a sign the deal is gaining traction and could expand Prologis’s portfolio and long-term growth prospects. Article Title
• Positive Sentiment: Scotiabank raised its price target on Prologis to $150 from $146, while Truist boosted its target to $162, reflecting improved analyst confidence in the stock’s valuation. Article Title
• Positive Sentiment: Recent commentary highlighted Prologis as potentially undervalued after its earnings beat and raised guidance, reinforcing optimism around earnings momentum and fundamentals. Article Title
• Neutral Sentiment: Additional articles noted renewed investor attention on logistics and data-center themes, but these were more thematic than company-specific and did not include new financial results or formal guidance changes. Article Title

Prologis Stock Performance

NYSE PLD opened at $147.43 on Friday. The company has a quick ratio of 0.51, a current ratio of 0.27 and a debt-to-equity ratio of 0.63. Prologis, Inc. has a fifty-two week low of $103.41 and a fifty-two week high of $153.35. The business has a fifty day moving average of $143.56 and a 200-day moving average of $138.55. The stock has a market cap of $137.45 billion, a price-to-earnings ratio of 32.84 and a beta of 1.32.

Prologis (NYSE:PLD) last announced 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. The firm had revenue of $2.43 billion during the quarter, compared to the consensus estimate of $2.16 billion. Prologis had a net margin of 45.79% and a return on equity of 7.29%. The firm’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.46 EPS. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. As a group, analysts predict that Prologis, Inc. will post 6.28 earnings per share for the current fiscal year.

Prologis Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th were given a $1.07 dividend. This represents a $4.28 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend was Tuesday, June 16th. Prologis’s payout ratio is currently 95.32%.

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.