OP Asset Management Ltd Makes New $12.44 Million Investment in Prologis, Inc. $PLD

OP Asset Management Ltd purchased a new stake in Prologis, Inc. (NYSE:PLD) in the 1st quarter, HoldingsChannel.com reports. The fund purchased 94,143 shares of the real estate investment trust’s stock, valued at approximately $12,444,000.

A number of other hedge funds have also recently made changes to their positions in PLD. Banque Cantonale Vaudoise increased its holdings in shares of Prologis by 2.5% in the first quarter. Banque Cantonale Vaudoise now owns 34,429 shares of the real estate investment trust’s stock worth $4,550,000 after purchasing an additional 846 shares during the period. Apella Capital LLC bought a new stake in Prologis during the first quarter valued at $209,000. Assenagon Asset Management S.A. grew its position in Prologis by 79.3% during the first quarter. Assenagon Asset Management S.A. now owns 57,248 shares of the real estate investment trust’s stock worth $7,567,000 after buying an additional 25,325 shares in the last quarter. Focused Wealth Management Inc purchased a new position in Prologis during the first quarter worth about $509,000. Finally, Weaver Capital Management LLC increased its stake in Prologis by 39.8% in the 1st quarter. Weaver Capital Management LLC now owns 17,384 shares of the real estate investment trust’s stock worth $2,298,000 after acquiring an additional 4,946 shares during the last quarter. 93.50% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

PLD has been the topic of several recent analyst reports. Argus raised their price target on Prologis from $135.00 to $152.00 and gave the company a “buy” rating in a report on Friday, April 17th. Royal Bank Of Canada upped their price objective on shares of Prologis from $135.00 to $148.00 and gave the stock a “sector perform” rating in a research report on Tuesday, April 28th. Mizuho lifted their target price on shares of Prologis from $143.00 to $150.00 and gave the company an “outperform” rating in a research report on Wednesday, April 22nd. Bank of America lifted their target price on shares of Prologis from $153.00 to $162.00 and gave the company a “buy” rating in a research report on Monday, April 20th. Finally, BTIG Research reissued a “buy” rating and issued a $155.00 price target on shares of Prologis in a research note on Wednesday, April 15th. Fifteen analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $151.48.

More Prologis News

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Prologis publicly disclosed its strategic bid for Segro and said there is a clear rationale for combining the two industrial property portfolios, raising the possibility of a larger future transaction. Reuters article on Segro rejecting Prologis bid
• Positive Sentiment: Analysts said Prologis may have room to increase its offer, keeping M&A speculation alive and potentially supporting investor sentiment around growth through acquisition. Proactive Investors article on a higher offer
• Neutral Sentiment: Several market commentaries highlighted Prologis as a name benefiting from a broader rotation into property stocks and from interest in data-center and AI-related build-outs, but these were largely thematic rather than company-specific catalysts. Kalkine Media article on market rotation
• Neutral Sentiment: Separate articles noted Prologis remains on analysts’ watch lists due to earnings growth and price strength, reinforcing a constructive long-term view but adding no new near-term catalyst. Zacks article on earnings growth and price strength
• Negative Sentiment: Segro’s rejection means the takeover process is stalled for now, creating uncertainty about whether Prologis can complete a deal or secure terms that justify a higher valuation.

Insider Activity at Prologis

In other Prologis news, CFO Timothy D. Arndt sold 3,597 shares of Prologis stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $150.00, for a total transaction of $539,550.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.52% of the company’s stock.

Prologis Price Performance

PLD opened at $140.89 on Thursday. The stock has a 50-day moving average price of $143.26 and a 200-day moving average price of $136.41. Prologis, Inc. has a 12-month low of $103.41 and a 12-month high of $150.18. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $131.36 billion, a P/E ratio of 35.49, a PEG ratio of 3.15 and a beta of 1.32.

Prologis (NYSE:PLD) last announced its quarterly earnings data 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%.Prologis’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period last year, the firm posted $1.43 EPS. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. Equities analysts predict that Prologis, Inc. will post 6.18 earnings per share for the current fiscal year.

Prologis Announces Dividend

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

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.