CDM Financial Counseling Services Inc. Takes $471,000 Position in Prologis, Inc. $PLD

CDM Financial Counseling Services Inc. acquired a new stake in Prologis, Inc. (NYSE:PLD) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 3,688 shares of the real estate investment trust’s stock, valued at approximately $471,000.

Other institutional investors also recently made changes to their positions in the company. High Point Wealth Management LLC purchased a new stake in shares of Prologis in the 4th quarter valued at $26,000. Ares Financial Consulting LLC purchased a new stake in Prologis during the 4th quarter valued at about $26,000. Eagle Bay Advisors LLC purchased a new stake in Prologis during the 4th quarter valued at about $27,000. High Note Wealth LLC boosted its holdings in Prologis by 43.9% during the 4th quarter. High Note Wealth LLC now owns 249 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 76 shares during the period. Finally, True Wealth Design LLC boosted its holdings in Prologis by 87.1% during the 4th quarter. True Wealth Design LLC now owns 262 shares of the real estate investment trust’s stock valued at $33,000 after acquiring an additional 122 shares during the period. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Prologis Trading Down 0.0%

NYSE PLD opened at $140.50 on Monday. Prologis, Inc. has a fifty-two week low of $103.02 and a fifty-two week high of $145.44. 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 simple moving average of $137.01 and a two-hundred day simple moving average of $132.73. The stock has a market cap of $130.99 billion, a P/E ratio of 35.39, a price-to-earnings-growth ratio of 3.10 and a beta of 1.33.

Prologis (NYSE:PLD) last released its quarterly earnings data on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share for the quarter, topping 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 business had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.12 billion. During the same quarter last year, the business posted $1.43 EPS. The business’s revenue was up 6.9% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. On average, analysts forecast that Prologis, Inc. will post 6.17 earnings per share 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 given a $1.07 dividend. This represents a $4.28 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Tuesday, June 16th. Prologis’s dividend payout ratio (DPR) is currently 107.81%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. BTIG Research restated a “buy” rating and set a $155.00 target price on shares of Prologis in a report on Wednesday, April 15th. The Goldman Sachs Group restated a “neutral” rating and set a $157.00 target price on shares of Prologis in a report on Friday, April 17th. Freedom Capital cut shares of Prologis from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 23rd. Truist Financial increased their price target on shares of Prologis from $139.00 to $154.00 and gave the company a “buy” rating in a research report on Friday, April 24th. 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 report on Friday, April 17th. Sixteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Prologis currently has an average rating of “Moderate Buy” and a consensus target price of $149.76.

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.