APG Asset Management N.V. Grows Position in Prologis, Inc. $PLD

APG Asset Management N.V. increased its position in Prologis, Inc. (NYSE:PLD) by 0.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 671,641 shares of the real estate investment trust’s stock after buying an additional 3,800 shares during the quarter. APG Asset Management N.V. owned 0.07% of Prologis worth $76,916,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Clayton Financial Group LLC purchased a new position in shares of Prologis in the third quarter valued at about $26,000. Silver Oak Securities Incorporated purchased a new stake in shares of Prologis during the third quarter worth about $36,000. Rossby Financial LCC grew its stake in shares of Prologis by 69.6% in the third quarter. Rossby Financial LCC now owns 329 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 135 shares during the last quarter. AlphaQuest LLC purchased a new position in Prologis during the 3rd quarter valued at about $39,000. Finally, Clear Investment Research LLC raised its position in Prologis by 34.5% during the 3rd quarter. Clear Investment Research LLC now owns 343 shares of the real estate investment trust’s stock valued at $39,000 after purchasing an additional 88 shares during the last quarter. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Insider Transactions at Prologis

In other news, Director Cristina Gabriela Bita sold 621 shares of the company’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 transaction, the director owned 8,208 shares in the company, valued at approximately $1,047,340.80. This represents a 7.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.57% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on PLD shares. Scotiabank upgraded Prologis from a “sector perform” rating to a “sector outperform” rating and lifted their price objective for the stock from $133.00 to $146.00 in a research report on Wednesday, January 14th. Evercore lifted their price target on shares of Prologis from $118.00 to $121.00 and gave the company an “in-line” rating in a report on Thursday, January 22nd. BMO Capital Markets reissued a “market perform” rating and set a $123.00 price objective on shares of Prologis in a research report on Thursday, January 22nd. UBS Group upped their price objective on shares of Prologis from $144.00 to $148.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Prologis in a research report on Monday, December 29th. Fourteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $136.95.

Prologis Stock Down 0.2%

Shares of NYSE:PLD opened at $142.44 on Friday. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.61. The stock has a fifty day simple moving average of $132.89 and a two-hundred day simple moving average of $124.34. Prologis, Inc. has a 12-month low of $85.35 and a 12-month high of $143.95. The stock has a market capitalization of $132.41 billion, a price-to-earnings ratio of 40.12, a PEG ratio of 3.52 and a beta of 1.42.

Prologis (NYSE:PLD) last issued its quarterly 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. The firm had revenue of $2.25 billion during the quarter, compared to the consensus estimate of $2.09 billion. Prologis had a return on equity of 5.79% and a net margin of 37.86%.The company’s revenue was up 7.8% on a year-over-year basis. During the same period last 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 anticipate that Prologis, Inc. will post 5.73 earnings per share for the current fiscal year.

Prologis Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be issued a $1.07 dividend. This represents a $4.28 annualized dividend and a yield of 3.0%. This is a boost from Prologis’s previous quarterly dividend of $1.01. The ex-dividend date of this dividend is Tuesday, March 17th. Prologis’s dividend payout ratio is presently 113.80%.

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.