Prologis, Inc. $PLD Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC increased its stake in shares of Prologis, Inc. (NYSE:PLD) by 8,809.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 589,520 shares of the real estate investment trust’s stock after buying an additional 582,903 shares during the period. SG Americas Securities LLC owned about 0.06% of Prologis worth $75,258,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Clayton Financial Group LLC acquired a new stake in shares of Prologis during the 3rd quarter valued at approximately $26,000. True Wealth Design LLC boosted its stake in shares of Prologis by 87.1% during the 4th quarter. True Wealth Design LLC now owns 262 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 122 shares in the last quarter. Silver Oak Securities Incorporated acquired a new stake in shares of Prologis in the 3rd quarter worth approximately $36,000. Rossby Financial LCC grew its holdings in shares of Prologis by 69.6% in the 3rd quarter. Rossby Financial LCC now owns 329 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 135 shares during the period. Finally, AlphaQuest LLC purchased a new position in Prologis in the 3rd quarter valued at approximately $39,000. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Prologis Trading Down 0.1%

Shares of PLD opened at $130.23 on Wednesday. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $121.41 billion, a P/E ratio of 36.69, a price-to-earnings-growth ratio of 3.07 and a beta of 1.41. The stock’s fifty day simple moving average is $134.84 and its 200 day simple moving average is $127.27. Prologis, Inc. has a twelve month low of $85.35 and a twelve month high of $143.95.

Prologis (NYSE:PLD) last posted its quarterly earnings results on Wednesday, January 21st. The real estate investment trust reported $1.44 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.44. The firm had revenue of $2.25 billion during the quarter, compared to the consensus estimate of $2.09 billion. Prologis had a return on equity of 5.79% and a net margin of 37.86%.The firm’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.42 earnings per share. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. On average, equities research analysts forecast that Prologis, Inc. will post 5.73 earnings per share for the current year.

Prologis Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be issued a dividend of $1.07 per share. This represents a $4.28 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Tuesday, March 17th. This is an increase from Prologis’s previous quarterly dividend of $1.01. Prologis’s dividend payout ratio (DPR) is presently 120.56%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. BNP Paribas Exane increased their price objective on Prologis from $129.00 to $140.00 and gave the company an “outperform” rating in a research note on Wednesday, January 21st. The Goldman Sachs Group upped their target price on shares of Prologis from $137.00 to $148.00 and gave the company a “neutral” rating in a report on Monday, February 9th. BTIG Research raised their price target on shares of Prologis from $134.00 to $155.00 and gave the stock a “buy” rating in a research note on Wednesday, December 31st. Barclays reissued an “overweight” rating and issued a $139.00 price objective on shares of Prologis in a research report on Tuesday, January 13th. Finally, Royal Bank Of Canada upped their price objective on shares of Prologis from $132.00 to $135.00 and gave the company a “sector perform” rating in a research note on Monday, February 2nd. Fourteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $137.20.

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.