PBU The Pension Fund of Early Childhood & Youth Educators Buys Shares of 145,124 Prologis, Inc. $PLD

PBU The Pension Fund of Early Childhood & Youth Educators bought a new stake in Prologis, Inc. (NYSE:PLD) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 145,124 shares of the real estate investment trust’s stock, valued at approximately $18,527,000.

Other institutional investors also recently bought and sold shares of the company. Nvwm LLC grew its stake in Prologis by 6,069.7% during the 4th quarter. Nvwm LLC now owns 15,486 shares of the real estate investment trust’s stock valued at $1,977,000 after purchasing an additional 15,235 shares during the last quarter. Foresight Group Ltd Liability Partnership grew its stake in Prologis by 240.1% during the 3rd quarter. Foresight Group Ltd Liability Partnership now owns 44,715 shares of the real estate investment trust’s stock valued at $5,109,000 after purchasing an additional 31,567 shares during the last quarter. Assetmark Inc. grew its stake in Prologis by 10.0% during the 3rd quarter. Assetmark Inc. now owns 79,350 shares of the real estate investment trust’s stock valued at $9,087,000 after purchasing an additional 7,217 shares during the last quarter. State of New Jersey Common Pension Fund D grew its stake in Prologis by 1.9% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 754,060 shares of the real estate investment trust’s stock valued at $86,355,000 after purchasing an additional 14,318 shares during the last quarter. Finally, Public Sector Pension Investment Board grew its stake in Prologis by 32.1% during the 3rd quarter. Public Sector Pension Investment Board now owns 252,188 shares of the real estate investment trust’s stock valued at $28,881,000 after purchasing an additional 61,230 shares during the last quarter. Institutional investors own 93.50% of the company’s stock.

Prologis Stock Performance

Shares of PLD stock opened at $144.69 on Friday. The stock has a market cap of $134.90 billion, a PE ratio of 36.45, a price-to-earnings-growth ratio of 3.16 and a beta of 1.32. The business has a 50-day simple moving average of $140.40 and a 200-day simple moving average of $134.72. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.60. Prologis, Inc. has a 52-week low of $103.41 and a 52-week high of $147.93.

Prologis (NYSE:PLD) last announced its quarterly earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.24. Prologis had a return on equity of 6.47% and a net margin of 41.54%.The firm had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.12 billion. During the same quarter in the previous year, the business earned $1.43 EPS. Prologis’s revenue for the quarter 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 analysts expect that Prologis, Inc. will post 6.18 EPS for the current year.

Prologis Announces Dividend

The firm also recently declared 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. This represents a $4.28 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Tuesday, June 16th. Prologis’s payout ratio is currently 107.81%.

Wall Street Analyst Weigh In

PLD has been the subject of several analyst reports. Jefferies Financial Group decreased their price objective on Prologis from $157.00 to $155.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Citigroup boosted their price objective on Prologis from $145.00 to $165.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Wall Street Zen raised Prologis from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. BMO Capital Markets raised Prologis from a “market perform” rating to an “outperform” rating and boosted their price objective for the company from $137.00 to $162.00 in a report on Thursday, May 7th. Finally, JPMorgan Chase & Co. boosted their price objective on Prologis from $141.00 to $157.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Sixteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Prologis currently has a consensus rating of “Moderate Buy” and an average price target of $151.86.

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.