Prologis, Inc. $PLD Shares Bought by Chilton Capital Management LLC

Chilton Capital Management LLC raised its stake in shares of Prologis, Inc. (NYSE:PLD) by 6.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 203,072 shares of the real estate investment trust’s stock after purchasing an additional 11,459 shares during the quarter. Chilton Capital Management LLC’s holdings in Prologis were worth $23,256,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of Prologis by 0.5% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 16,583 shares of the real estate investment trust’s stock valued at $1,941,000 after buying an additional 82 shares during the last quarter. Ignite Planners LLC raised its stake in Prologis by 3.2% in the 3rd quarter. Ignite Planners LLC now owns 2,937 shares of the real estate investment trust’s stock worth $336,000 after acquiring an additional 92 shares during the last quarter. ORG Partners LLC lifted its position in Prologis by 3.3% during the 3rd quarter. ORG Partners LLC now owns 2,867 shares of the real estate investment trust’s stock worth $328,000 after acquiring an additional 92 shares during the period. Stratos Wealth Partners LTD. lifted its position in Prologis by 0.7% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 13,678 shares of the real estate investment trust’s stock worth $1,438,000 after acquiring an additional 93 shares during the period. Finally, Stableford Capital II LLC grew its stake in Prologis by 0.4% during the 3rd quarter. Stableford Capital II LLC now owns 21,090 shares of the real estate investment trust’s stock valued at $2,415,000 after purchasing an additional 94 shares during the last quarter. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Analysts Set New Price Targets

PLD has been the subject of several research analyst reports. Morgan Stanley set a $135.00 price objective on Prologis in a research note on Friday, January 16th. Argus increased their price target on shares of Prologis from $128.00 to $135.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Freedom Capital lowered shares of Prologis from a “strong-buy” rating to a “hold” rating in a research report on Friday. BMO Capital Markets reaffirmed a “market perform” rating and issued a $123.00 price objective on shares of Prologis in a report on Thursday. Finally, BTIG Research increased their price objective on shares of Prologis from $134.00 to $155.00 and gave the stock a “buy” rating in a research note on Wednesday, December 31st. Thirteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $134.22.

Prologis Trading Down 0.5%

Shares of NYSE:PLD opened at $126.50 on Tuesday. The company has a current ratio of 0.19, a quick ratio of 0.64 and a debt-to-equity ratio of 0.61. Prologis, Inc. has a 12-month low of $85.35 and a 12-month high of $134.94. The business has a 50 day moving average of $128.44 and a two-hundred day moving average of $119.48. The company has a market capitalization of $117.50 billion, a PE ratio of 36.88, a PEG ratio of 3.71 and a beta of 1.40.

Prologis (NYSE:PLD) last posted its earnings results on Wednesday, January 21st. The real estate investment trust reported $1.44 earnings per share for the quarter, meeting the consensus estimate of $1.44. Prologis had a net margin of 37.86% and a return on equity of 6.64%. The firm had revenue of $2.25 billion during the quarter, compared to analyst estimates of $2.09 billion. During the same period in the previous year, the firm earned $1.42 EPS. The business’s quarterly revenue was up 7.8% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. As a group, analysts forecast that Prologis, Inc. will post 5.73 EPS for the current year.

Prologis Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 16th were given a $1.01 dividend. The ex-dividend date was Tuesday, December 16th. This represents a $4.04 dividend on an annualized basis and a dividend yield of 3.2%. Prologis’s dividend payout ratio is 113.80%.

Insider Activity

In other news, Director Cristina Gabriela Bita sold 621 shares of the stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $127.60, for a total transaction of $79,239.60. Following the sale, the director directly owned 8,208 shares of the company’s stock, valued at $1,047,340.80. This represents a 7.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.57% of the stock is currently owned by insiders.

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.