GSI Capital Advisors LLC Raises Holdings in Prologis, Inc. $PLD

GSI Capital Advisors LLC boosted its holdings in Prologis, Inc. (NYSE:PLD) by 9.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 132,072 shares of the real estate investment trust’s stock after acquiring an additional 11,256 shares during the period. Prologis comprises about 9.4% of GSI Capital Advisors LLC’s investment portfolio, making the stock its biggest holding. GSI Capital Advisors LLC’s holdings in Prologis were worth $16,860,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of PLD. Norges Bank bought a new position in Prologis in the fourth quarter worth about $1,589,125,000. Swedbank AB lifted its holdings in Prologis by 36.2% in the fourth quarter. Swedbank AB now owns 7,664,583 shares of the real estate investment trust’s stock worth $978,461,000 after acquiring an additional 2,038,329 shares during the last quarter. Bessemer Group Inc. lifted its holdings in Prologis by 8,000.9% in the fourth quarter. Bessemer Group Inc. now owns 1,595,963 shares of the real estate investment trust’s stock worth $203,741,000 after acquiring an additional 1,576,262 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Prologis by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 123,323,290 shares of the real estate investment trust’s stock worth $15,743,451,000 after acquiring an additional 1,258,407 shares during the last quarter. Finally, Amundi lifted its holdings in Prologis by 22.0% in the third quarter. Amundi now owns 5,651,563 shares of the real estate investment trust’s stock worth $661,968,000 after acquiring an additional 1,020,819 shares during the last quarter. Institutional investors own 93.50% of the company’s stock.

Prologis Stock Performance

PLD opened at $147.49 on Friday. The business’s 50 day moving average is $141.69 and its 200-day moving average is $135.42. The stock has a market cap of $137.51 billion, a PE ratio of 37.15, a price-to-earnings-growth ratio of 3.21 and a beta of 1.32. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.60. Prologis, Inc. has a twelve month low of $103.41 and a twelve month high of $148.46.

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

Prologis Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors 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 Analysts Forecast Growth

PLD has been the topic of a number of recent research reports. Scotiabank raised their target price on shares of Prologis from $146.00 to $154.00 and gave the stock an “outperform” rating in a report on Tuesday, April 21st. UBS Group lifted their price target on Prologis from $148.00 to $161.00 and gave the company a “buy” rating in a report on Friday, April 17th. Citigroup lifted their price target on 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 Prologis from $153.00 to $162.00 and gave the company a “buy” rating in a report on Monday, April 20th. Finally, Weiss Ratings raised Prologis from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, May 1st. Sixteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, Prologis presently has a consensus rating of “Moderate Buy” and an average target price of $151.86.

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.