Prologis, Inc. $PLD Shares Sold by Van Lanschot Kempen Investment Management N.V.

Van Lanschot Kempen Investment Management N.V. lessened its stake in Prologis, Inc. (NYSE:PLD) by 2.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 403,087 shares of the real estate investment trust’s stock after selling 9,941 shares during the period. Van Lanschot Kempen Investment Management N.V.’s holdings in Prologis were worth $51,458,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in PLD. High Point Wealth Management LLC acquired a new position in Prologis in the 4th quarter valued at about $26,000. Ares Financial Consulting LLC acquired a new position in Prologis in the 4th quarter valued at about $26,000. Eagle Bay Advisors LLC acquired a new position in Prologis in the 4th quarter valued at about $27,000. SouthState Bank Corp increased its position in Prologis by 73.1% in the 4th quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 95 shares during the period. Finally, Hilton Head Capital Partners LLC acquired a new position in Prologis in the 4th quarter valued at about $29,000. Institutional investors and hedge funds own 93.50% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on PLD. Citigroup lifted 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. Evercore set a $135.00 price objective on Prologis in a report on Friday, April 17th. Mizuho lifted their price objective on Prologis from $143.00 to $150.00 and gave the company an “outperform” rating in a report on Wednesday, April 22nd. Wall Street Zen raised Prologis from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Weiss Ratings raised Prologis from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, May 1st. Sixteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $151.86.

Prologis Price Performance

Shares of NYSE:PLD opened at $148.49 on Friday. The business’s 50 day simple moving average is $141.99 and its 200-day simple moving average is $135.51. The firm has a market capitalization of $138.44 billion, a price-to-earnings ratio of 37.40, a price-to-earnings-growth ratio of 3.24 and a beta of 1.32. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.51 and a quick ratio of 0.51. Prologis, Inc. has a 12 month low of $103.41 and a 12 month high of $149.70.

Prologis (NYSE:PLD) last announced its quarterly earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 EPS for the quarter, topping the consensus estimate of $0.81 by $0.24. The business had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.12 billion. Prologis had a return on equity of 6.47% and a net margin of 41.54%.The company’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.43 EPS. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. As a group, equities analysts forecast that Prologis, Inc. will post 6.18 earnings per share for the current fiscal year.

Prologis Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be paid a dividend of $1.07 per share. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $4.28 annualized dividend and a dividend yield of 2.9%. Prologis’s payout ratio is 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.