Foresight Group Ltd Liability Partnership Has $5.11 Million Stock Holdings in Prologis, Inc. $PLD

Foresight Group Ltd Liability Partnership lifted its holdings in shares of Prologis, Inc. (NYSE:PLD) by 240.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,715 shares of the real estate investment trust’s stock after purchasing an additional 31,567 shares during the period. Foresight Group Ltd Liability Partnership’s holdings in Prologis were worth $5,109,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Brighton Jones LLC boosted its stake in Prologis by 629.0% during the fourth quarter. Brighton Jones LLC now owns 17,475 shares of the real estate investment trust’s stock worth $1,847,000 after acquiring an additional 15,078 shares in the last quarter. IFP Advisors Inc grew its stake in shares of Prologis by 3.5% in the 2nd quarter. IFP Advisors Inc now owns 4,432 shares of the real estate investment trust’s stock valued at $466,000 after buying an additional 150 shares during the period. Concurrent Investment Advisors LLC boosted its holdings in Prologis by 31.3% in the second quarter. Concurrent Investment Advisors LLC now owns 38,815 shares of the real estate investment trust’s stock worth $4,080,000 after acquiring an additional 9,244 shares in the last quarter. CWM LLC boosted its holdings in Prologis by 10.4% in the second quarter. CWM LLC now owns 30,472 shares of the real estate investment trust’s stock worth $3,203,000 after acquiring an additional 2,876 shares in the last quarter. Finally, Meritage Portfolio Management acquired a new stake in Prologis in the second quarter valued at approximately $2,048,000. 93.50% of the stock is owned by institutional investors and hedge funds.

Prologis Price Performance

PLD opened at $137.27 on Tuesday. Prologis, Inc. has a fifty-two week low of $85.35 and a fifty-two week high of $137.49. The firm has a 50-day moving average of $129.64 and a 200 day moving average of $121.15. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.64 and a current ratio of 0.19. The firm has a market cap of $127.51 billion, a P/E ratio of 38.67, a PEG ratio of 3.39 and a beta of 1.42.

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

Prologis Dividend Announcement

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

Wall Street Analyst Weigh In

PLD has been the topic of a number of recent research reports. BNP Paribas Exane increased their target price on Prologis from $129.00 to $140.00 and gave the stock an “outperform” rating in a report on Wednesday, January 21st. Weiss Ratings reissued a “buy (b-)” rating on shares of Prologis in a research report on Monday, December 29th. iA Financial set a $119.00 price target on shares of Prologis in a research report on Monday, October 20th. Evercore boosted their price objective on Prologis from $118.00 to $121.00 and gave the stock an “in-line” rating in a report on Thursday, January 22nd. Finally, Citigroup reaffirmed a “buy” rating on shares of Prologis in a research report on Monday, January 26th. Thirteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $135.32.

Insider Buying and Selling at Prologis

In related news, Director Cristina Gabriela Bita sold 621 shares of the firm’s 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 directly owned 8,208 shares of the company’s stock, valued at approximately $1,047,340.80. This trade represents a 7.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.57% of the stock is owned by insiders.

Prologis 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.