Diversified Trust Co. Boosts Stock Position in Prologis, Inc. $PLD

Diversified Trust Co. lifted its holdings in shares of Prologis, Inc. (NYSE:PLD) by 109.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,750 shares of the real estate investment trust’s stock after buying an additional 16,589 shares during the quarter. Diversified Trust Co.’s holdings in Prologis were worth $4,053,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in PLD. Brighton Jones LLC lifted its holdings 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 valued at $1,847,000 after purchasing an additional 15,078 shares in the last quarter. Schnieders Capital Management LLC. increased its stake in shares of Prologis by 45.4% during the second quarter. Schnieders Capital Management LLC. now owns 10,728 shares of the real estate investment trust’s stock worth $1,128,000 after purchasing an additional 3,350 shares in the last quarter. AlphaCore Capital LLC purchased a new stake in shares of Prologis during the second quarter worth about $113,000. Global Retirement Partners LLC acquired a new position in shares of Prologis during the 2nd quarter worth about $1,883,000. Finally, CreativeOne Wealth LLC raised its position in shares of Prologis by 32.1% during the 2nd quarter. CreativeOne Wealth LLC now owns 8,707 shares of the real estate investment trust’s stock worth $915,000 after purchasing an additional 2,116 shares during the last quarter. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Prologis Stock Down 0.1%

Shares of PLD opened at $130.23 on Wednesday. Prologis, Inc. has a 52-week low of $85.35 and a 52-week high of $143.95. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.61. The stock has a fifty day simple moving average of $134.84 and a two-hundred day simple moving average of $127.27. The company has a market capitalization of $121.41 billion, a PE ratio of 36.69, a price-to-earnings-growth ratio of 3.07 and a beta of 1.41.

Prologis (NYSE:PLD) last announced 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. Prologis had a net margin of 37.86% and a return on equity of 5.79%. The firm had revenue of $2.25 billion for the quarter, compared to analysts’ expectations of $2.09 billion. During the same quarter in the previous year, the company posted $1.42 EPS. The company’s revenue was up 7.8% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. As a group, equities analysts forecast that Prologis, Inc. will post 5.73 EPS for the current 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 paid a dividend of $1.07 per share. This represents a $4.28 dividend on an annualized basis and a yield of 3.3%. 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 payout ratio is presently 120.56%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on PLD. 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 report on Wednesday, January 14th. Freedom Capital downgraded Prologis from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 23rd. Robert W. Baird reaffirmed a “neutral” rating and issued a $130.00 price target (up from $128.00) on shares of Prologis in a research note on Thursday, January 8th. Mizuho boosted their price target on Prologis from $138.00 to $143.00 and gave the stock an “outperform” rating in a research report on Monday, January 26th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Prologis in a research report on Monday, December 29th. Fourteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, Prologis currently has a consensus rating of “Moderate Buy” and a consensus target price of $137.20.

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.