Prologis, Inc. $PLD Shares Acquired by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC boosted its position in shares of Prologis, Inc. (NYSE:PLD) by 41.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 182,572 shares of the real estate investment trust’s stock after purchasing an additional 53,633 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Prologis were worth $23,307,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Manchester Capital Management LLC grew its holdings in Prologis by 26.2% during the 4th quarter. Manchester Capital Management LLC now owns 1,087 shares of the real estate investment trust’s stock worth $139,000 after acquiring an additional 226 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new position in Prologis during the 4th quarter worth $29,000. Endeavor Private Wealth Inc. grew its holdings in Prologis by 37.2% during the 4th quarter. Endeavor Private Wealth Inc. now owns 3,134 shares of the real estate investment trust’s stock worth $400,000 after acquiring an additional 850 shares in the last quarter. Clearbridge Investments LLC boosted its holdings in shares of Prologis by 5.2% in the 4th quarter. Clearbridge Investments LLC now owns 423,893 shares of the real estate investment trust’s stock valued at $54,114,000 after buying an additional 20,967 shares during the period. Finally, SouthState Bank Corp boosted its holdings in shares of Prologis by 73.1% in the 4th quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 95 shares during the period. 93.50% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. Citigroup lifted their price target on shares of Prologis from $145.00 to $165.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Bank of America lifted their price target on shares of Prologis from $153.00 to $162.00 and gave the company a “buy” rating in a report on Monday, April 20th. BTIG Research restated a “buy” rating and set a $155.00 price objective on shares of Prologis in a research note on Wednesday, April 15th. Robert W. Baird increased their target price on Prologis from $133.00 to $136.00 and gave the stock a “neutral” rating in a research report on Friday, April 17th. Finally, Morgan Stanley raised their target price on Prologis from $135.00 to $151.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 26th. Sixteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $151.86.

Prologis Trading Down 1.2%

Prologis stock opened at $142.84 on Tuesday. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.60. The firm has a 50-day moving average price of $140.66 and a two-hundred day moving average price of $134.93. The firm has a market capitalization of $133.18 billion, a price-to-earnings ratio of 35.98, a PEG ratio of 3.18 and a beta of 1.32. Prologis, Inc. has a 52-week low of $103.41 and a 52-week high of $147.93.

Prologis (NYSE:PLD) last released its quarterly earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.24. Prologis had a net margin of 41.54% and a return on equity of 6.47%. The company had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same period in the previous year, the firm earned $1.43 EPS. Prologis’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. Sell-side analysts expect that Prologis, Inc. will post 6.18 earnings per share for the current year.

Prologis Announces Dividend

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

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.