Aberdeen Group plc Raises Stock Holdings in Prologis, Inc. $PLD

Aberdeen Group plc increased its holdings in shares of Prologis, Inc. (NYSE:PLD) by 3.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,920,118 shares of the real estate investment trust’s stock after acquiring an additional 63,995 shares during the quarter. Aberdeen Group plc owned approximately 0.21% of Prologis worth $245,122,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Clayton Financial Group LLC bought a new stake in Prologis in the third quarter worth about $26,000. True Wealth Design LLC grew its position in shares of Prologis by 87.1% during the 4th quarter. True Wealth Design LLC now owns 262 shares of the real estate investment trust’s stock valued at $33,000 after acquiring an additional 122 shares during the period. Silver Oak Securities Incorporated purchased a new stake in shares of Prologis during the 3rd quarter worth approximately $36,000. Rossby Financial LCC raised its holdings in shares of Prologis by 69.6% in the 3rd 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 period. Finally, FNY Investment Advisers LLC bought a new stake in shares of Prologis in the 4th quarter worth approximately $38,000. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on PLD. Barclays reissued an “overweight” rating and issued a $139.00 target price on shares of Prologis in a research report on Tuesday, January 13th. Scotiabank upgraded Prologis from a “sector perform” rating to a “sector outperform” rating and increased their price target for the stock from $133.00 to $146.00 in a research note on Wednesday, January 14th. Mizuho lifted their price objective on Prologis from $138.00 to $143.00 and gave the stock an “outperform” rating in a report on Monday, January 26th. Freedom Capital cut Prologis from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 23rd. Finally, Jefferies Financial Group upped their price objective on shares of Prologis from $146.00 to $157.00 and gave the company a “buy” rating in a report on Friday, February 20th. Fourteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $137.20.

Prologis Stock Performance

NYSE:PLD opened at $133.91 on Friday. The business’s fifty day moving average is $134.80 and its 200 day moving average is $127.93. The firm has a market cap of $124.84 billion, a price-to-earnings ratio of 37.72, a PEG ratio of 3.15 and a beta of 1.40. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.58 and a current ratio of 0.58. Prologis, Inc. has a 52-week low of $85.35 and a 52-week high of $143.95.

Prologis (NYSE:PLD) last issued its earnings results on Wednesday, January 21st. The real estate investment trust reported $1.44 EPS for the quarter, hitting the consensus estimate of $1.44. Prologis had a return on equity of 5.79% and a net margin of 37.86%.The business had revenue of $2.25 billion during the quarter, compared to the consensus estimate of $2.09 billion. During the same quarter last year, the company earned $1.42 EPS. The firm’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. Research analysts predict that Prologis, Inc. will post 5.73 EPS for the current year.

Prologis Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th were paid a dividend of $1.07 per share. This is an increase from Prologis’s previous quarterly dividend of $1.01. This represents a $4.28 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Tuesday, March 17th. Prologis’s dividend payout ratio is presently 120.56%.

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.