Stephens Inc. AR Purchases 4,281 Shares of Prologis, Inc. $PLD

Stephens Inc. AR grew its position in Prologis, Inc. (NYSE:PLD) by 8.1% during the 1st quarter, HoldingsChannel reports. The fund owned 57,415 shares of the real estate investment trust’s stock after purchasing an additional 4,281 shares during the period. Stephens Inc. AR’s holdings in Prologis were worth $7,757,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Ares Financial Consulting LLC bought a new position in Prologis during the 4th quarter valued at about $26,000. High Point Wealth Management LLC purchased a new stake in Prologis in the fourth quarter worth $26,000. Eagle Bay Advisors LLC bought a new stake in shares of Prologis during the fourth quarter worth $27,000. SouthState Bank Corp boosted its stake in shares of Prologis by 73.1% during the fourth quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 95 shares during the period. Finally, Hilton Head Capital Partners LLC bought a new position in shares of Prologis in the fourth quarter worth about $29,000. Institutional investors own 93.50% of the company’s stock.

Prologis Stock Up 1.7%

PLD traded up $2.32 on Tuesday, hitting $142.52. The company had a trading volume of 338,680 shares, compared to its average volume of 3,572,162. The stock has a fifty day moving average price of $142.78 and a 200-day moving average price of $136.88. Prologis, Inc. has a 12-month low of $103.41 and a 12-month high of $150.18. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.51 and a current ratio of 0.51. The stock has a market capitalization of $132.88 billion, a price-to-earnings ratio of 35.89 and a beta of 1.32.

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, beating the consensus estimate of $0.81 by $0.24. Prologis had a net margin of 41.54% and a return on equity of 6.47%. The business had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.12 billion. During the same period in the prior year, the firm posted $1.43 earnings per share. The company’s quarterly revenue was up 6.9% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. Analysts predict that Prologis, Inc. will post 6.17 EPS for the current fiscal year.

Prologis Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th were issued a $1.07 dividend. This represents a $4.28 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend was Tuesday, June 16th. Prologis’s payout ratio is currently 107.81%.

Insider Activity

In other news, CFO Timothy D. Arndt sold 3,597 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $150.00, for a total transaction of $539,550.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 0.52% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on PLD shares. Truist Financial upped their target price on shares of Prologis from $139.00 to $154.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Mizuho boosted their price target on Prologis from $143.00 to $150.00 and gave the company an “outperform” rating in a report on Wednesday, April 22nd. BTIG Research increased their price objective on Prologis from $160.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Wells Fargo & Company lifted their target price on Prologis from $155.00 to $167.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Finally, BNP Paribas Exane upped their target price on Prologis from $140.00 to $150.00 and gave the stock an “outperform” rating in a report on Friday, April 17th. Fifteen analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $152.00.

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.