Czech National Bank Buys 9,219 Shares of Prologis, Inc. $PLD

Czech National Bank grew its stake in Prologis, Inc. (NYSE:PLD) by 3.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 244,928 shares of the real estate investment trust’s stock after buying an additional 9,219 shares during the quarter. Czech National Bank’s holdings in Prologis were worth $31,268,000 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 PLD. D.A. Davidson & CO. boosted its position in Prologis by 16.7% during the 3rd quarter. D.A. Davidson & CO. now owns 587,157 shares of the real estate investment trust’s stock worth $67,241,000 after acquiring an additional 83,966 shares during the last quarter. Foresight Group Ltd Liability Partnership boosted its holdings in Prologis by 240.1% during the third quarter. Foresight Group Ltd Liability Partnership now owns 44,715 shares of the real estate investment trust’s stock worth $5,109,000 after purchasing an additional 31,567 shares during the last quarter. National Pension Service grew its position in Prologis by 2.4% in the third quarter. National Pension Service now owns 2,443,137 shares of the real estate investment trust’s stock valued at $279,788,000 after purchasing an additional 56,272 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in Prologis by 3.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 3,644,875 shares of the real estate investment trust’s stock valued at $417,411,000 after buying an additional 126,613 shares during the last quarter. Finally, Assetmark Inc. increased its stake in Prologis by 10.0% in the 3rd quarter. Assetmark Inc. now owns 79,350 shares of the real estate investment trust’s stock valued at $9,087,000 after buying an additional 7,217 shares during the last quarter. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Prologis Stock Performance

NYSE PLD opened at $130.35 on Thursday. The stock has a market cap of $121.52 billion, a PE ratio of 36.72, a P/E/G ratio of 3.07 and a beta of 1.41. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.58 and a current ratio of 0.58. The firm has a 50-day moving average of $134.81 and a 200-day moving average of $127.29. Prologis, Inc. has a 52-week low of $85.35 and a 52-week high of $143.95.

Prologis (NYSE:PLD) last posted its earnings results on Wednesday, January 21st. The real estate investment trust reported $1.44 EPS for the quarter, meeting the consensus estimate of $1.44. The company had revenue of $2.25 billion for 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 firm’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.42 earnings per share. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. On average, sell-side analysts anticipate that Prologis, Inc. will post 5.73 EPS for the current year.

Prologis Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be given a dividend of $1.07 per share. This represents a $4.28 annualized dividend and a yield of 3.3%. The ex-dividend date is Tuesday, March 17th. This is a positive change from Prologis’s previous quarterly dividend of $1.01. Prologis’s dividend payout ratio (DPR) is 120.56%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of Prologis in a research note on Monday, December 29th. Robert W. Baird reaffirmed a “neutral” rating and issued a $130.00 target price (up from $128.00) on shares of Prologis in a research report on Thursday, January 8th. BTIG Research upped their target price on Prologis from $134.00 to $155.00 and gave the stock a “buy” rating in a report on Wednesday, December 31st. Morgan Stanley set a $135.00 price target on Prologis in a research report on Friday, January 16th. Finally, Scotiabank upgraded Prologis from a “sector perform” rating to a “sector outperform” rating and raised their price target for the company from $133.00 to $146.00 in a research note on Wednesday, January 14th. Fourteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $137.20.

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.