279,529 Shares in Prologis, Inc. $PLD Bought by Life Cycle Investment Partners Ltd

Life Cycle Investment Partners Ltd acquired a new position in Prologis, Inc. (NYSE:PLD) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 279,529 shares of the real estate investment trust’s stock, valued at approximately $35,685,000.

Several other large investors also recently modified their holdings of the company. Ares Financial Consulting LLC bought a new stake in Prologis during the fourth quarter valued at about $26,000. High Point Wealth Management LLC bought a new position in shares of Prologis in the fourth quarter worth about $26,000. Eagle Bay Advisors LLC bought a new position in shares of Prologis in the fourth quarter worth about $27,000. High Note Wealth LLC boosted its stake in shares of Prologis by 43.9% in the fourth quarter. High Note Wealth LLC now owns 249 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 76 shares during the period. Finally, True Wealth Design LLC boosted its stake in shares of Prologis by 87.1% in the fourth 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 during the period. Institutional investors own 93.50% of the company’s stock.

Prologis Price Performance

NYSE:PLD opened at $146.05 on Friday. 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 company has a market capitalization of $136.17 billion, a P/E ratio of 36.79, a P/E/G ratio of 3.21 and a beta of 1.33. Prologis, Inc. has a 12 month low of $103.02 and a 12 month high of $146.27. The business’s 50-day moving average is $137.85 and its 200 day moving average is $133.36.

Prologis (NYSE:PLD) last issued its quarterly earnings data on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.24. Prologis had a return on equity of 6.47% and a net margin of 41.54%.The business had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same period in the prior year, the business posted $1.43 earnings per share. The company’s quarterly revenue was up 6.9% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. On average, equities research analysts forecast that Prologis, Inc. will post 6.17 earnings per share for the current fiscal year.

Prologis Announces Dividend

The company 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 $1.07 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $4.28 annualized dividend and a yield of 2.9%. Prologis’s dividend payout ratio is 107.81%.

Analyst Ratings Changes

PLD has been the subject of a number of recent analyst reports. Citigroup upped their price objective on Prologis from $145.00 to $165.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Mizuho upped their price objective on Prologis from $143.00 to $150.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 22nd. BMO Capital Markets raised Prologis from a “market perform” rating to an “outperform” rating and upped their price objective for the stock from $137.00 to $162.00 in a research note on Thursday, May 7th. BNP Paribas Exane upped their price objective on Prologis from $140.00 to $150.00 and gave the stock an “outperform” rating in a research note on Friday, April 17th. Finally, Royal Bank Of Canada boosted their target price on Prologis from $135.00 to $148.00 and gave the stock a “sector perform” rating in a research report on Tuesday, April 28th. Sixteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $149.76.

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.