Prologis, Inc. $PLD Shares Sold by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC decreased its holdings in shares of Prologis, Inc. (NYSE:PLD) by 77.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,525 shares of the real estate investment trust’s stock after selling 71,042 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Prologis were worth $2,350,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Clayton Financial Group LLC acquired a new stake in shares of Prologis in the third quarter valued at about $26,000. Silver Oak Securities Incorporated purchased a new position in Prologis in the 3rd quarter valued at about $36,000. AlphaQuest LLC purchased a new position in Prologis in the 3rd quarter valued at about $39,000. Twin Peaks Wealth Advisors LLC acquired a new stake in Prologis in the 2nd quarter worth about $44,000. Finally, SJS Investment Consulting Inc. purchased a new stake in Prologis during the 3rd quarter worth approximately $44,000. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Prologis Stock Up 0.7%

NYSE PLD opened at $137.04 on Monday. The business’s fifty day simple moving average is $129.47 and its 200-day simple moving average is $120.96. The company has a quick ratio of 0.64, a current ratio of 0.19 and a debt-to-equity ratio of 0.61. The firm has a market cap of $127.29 billion, a PE ratio of 38.60, a P/E/G ratio of 3.39 and a beta of 1.42. Prologis, Inc. has a 52 week low of $85.35 and a 52 week high of $137.49.

Prologis (NYSE:PLD) last released its quarterly earnings data on Wednesday, January 21st. The real estate investment trust reported $1.44 EPS for the quarter, meeting analysts’ consensus estimates of $1.44. Prologis had a return on equity of 6.64% and a net margin of 37.86%.The firm had revenue of $2.25 billion for the quarter, compared to analysts’ expectations of $2.09 billion. During the same period in the prior year, the firm posted $1.42 earnings per share. The firm’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, equities analysts anticipate that Prologis, Inc. will post 5.73 earnings per share for the current year.

Prologis Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 16th were given a $1.01 dividend. This represents a $4.04 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Tuesday, December 16th. Prologis’s payout ratio is currently 113.80%.

Insider Transactions at Prologis

In related news, Director Cristina Gabriela Bita sold 621 shares of Prologis stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $127.60, for a total value of $79,239.60. Following the completion of the transaction, the director owned 8,208 shares in the company, valued at approximately $1,047,340.80. The trade was a 7.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.57% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts have recently weighed in on PLD shares. Wall Street Zen downgraded Prologis from a “hold” rating to a “sell” rating in a research report on Saturday. Wells Fargo & Company lifted their target price on shares of Prologis from $120.00 to $139.00 and gave the stock an “overweight” rating in a research note on Monday, October 27th. Freedom Capital lowered shares of Prologis from a “strong-buy” rating to a “hold” rating in a report on Friday, January 23rd. Scotiabank upgraded shares of Prologis from a “sector perform” rating to a “sector outperform” rating and increased their target price for the company from $133.00 to $146.00 in a research report on Wednesday, January 14th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Prologis in a research report on Monday, December 29th. Thirteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $135.32.

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.