Stratos Wealth Partners LTD. Has $3.23 Million Holdings in Prologis, Inc. $PLD

Stratos Wealth Partners LTD. lifted its position in shares of Prologis, Inc. (NYSE:PLD) by 24.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,280 shares of the real estate investment trust’s stock after purchasing an additional 5,033 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Prologis were worth $3,227,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of PLD. Brighton Jones LLC grew its holdings in shares of Prologis by 629.0% during the 4th quarter. Brighton Jones LLC now owns 17,475 shares of the real estate investment trust’s stock worth $1,847,000 after purchasing an additional 15,078 shares in the last quarter. Schnieders Capital Management LLC. grew its holdings in shares of Prologis by 45.4% during the 2nd quarter. Schnieders Capital Management LLC. now owns 10,728 shares of the real estate investment trust’s stock worth $1,128,000 after purchasing an additional 3,350 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Prologis by 77.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,557 shares of the real estate investment trust’s stock worth $374,000 after purchasing an additional 1,555 shares in the last quarter. First Trust Advisors LP grew its holdings in shares of Prologis by 33.3% during the 2nd quarter. First Trust Advisors LP now owns 236,162 shares of the real estate investment trust’s stock worth $24,825,000 after purchasing an additional 58,945 shares in the last quarter. Finally, Walleye Capital LLC acquired a new stake in shares of Prologis during the 2nd quarter worth approximately $422,000. Institutional investors and hedge funds own 93.50% of the company’s stock.

Prologis Price Performance

Prologis stock opened at $132.29 on Tuesday. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.58 and a quick ratio of 0.58. The company has a market capitalization of $123.33 billion, a PE ratio of 37.27, a price-to-earnings-growth ratio of 3.16 and a beta of 1.40. Prologis, Inc. has a one year low of $85.35 and a one year high of $143.95. The business has a 50 day simple moving average of $135.05 and a 200 day simple moving average of $128.39.

Prologis (NYSE:PLD) last posted its earnings results on Wednesday, January 21st. The real estate investment trust reported $1.44 EPS for the quarter, hitting the consensus estimate of $1.44. The business 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%.Prologis’s revenue was up 7.8% on a year-over-year basis. During the same quarter last year, the company earned $1.42 EPS. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. On average, sell-side analysts forecast that Prologis, Inc. will post 5.73 EPS for the current fiscal year.

Prologis Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th were given a dividend of $1.07 per share. This is a boost from Prologis’s previous quarterly dividend of $1.01. The ex-dividend date was Tuesday, March 17th. This represents a $4.28 annualized dividend and a dividend yield of 3.2%. Prologis’s dividend payout ratio is 120.56%.

Analysts Set New Price Targets

PLD has been the topic of several recent research reports. Mizuho lifted their price objective on Prologis from $138.00 to $143.00 and gave the stock an “outperform” rating in a report on Monday, January 26th. Royal Bank Of Canada lifted their price objective on Prologis from $132.00 to $135.00 and gave the stock a “sector perform” rating in a report on Monday, February 2nd. Jefferies Financial Group lifted their price objective on Prologis from $146.00 to $157.00 and gave the stock a “buy” rating in a report on Friday, February 20th. Argus lifted their price objective on Prologis from $128.00 to $135.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Finally, Citigroup began coverage on Prologis in a report on Thursday, March 5th. They set a “buy” rating and a $145.00 price objective on the stock. Fourteen analysts have rated the stock with a Buy rating and seven 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 an average target price 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.