215,681 Shares in Prologis, Inc. $PLD Acquired by Trillium Asset Management LLC

Trillium Asset Management LLC bought a new position in shares of Prologis, Inc. (NYSE:PLD) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 215,681 shares of the real estate investment trust’s stock, valued at approximately $29,219,000. Prologis comprises about 0.9% of Trillium Asset Management LLC’s investment portfolio, making the stock its 29th largest holding.

A number of other hedge funds have also bought and sold shares of PLD. High Point Wealth Management LLC purchased a new position in shares of Prologis in the fourth quarter worth $26,000. Ares Financial Consulting LLC acquired a new stake in shares of Prologis during the fourth quarter worth about $26,000. Clearstead Trust LLC acquired a new stake in shares of Prologis during the second quarter worth about $28,000. SouthState Bank Corp boosted its position in Prologis by 73.1% in the fourth quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 95 shares during the last quarter. Finally, Hilton Head Capital Partners LLC acquired a new position in Prologis in the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 93.50% of the company’s stock.

Prologis Price Performance

Shares of Prologis stock opened at $140.51 on Friday. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.63. The firm has a market cap of $131.11 billion, a PE ratio of 31.29 and a beta of 1.31. The business has a 50-day moving average price of $142.66 and a 200 day moving average price of $140.28. Prologis, Inc. has a twelve month low of $107.84 and a twelve month high of $153.35.

Prologis (NYSE:PLD) last announced its earnings results on Thursday, July 16th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.38. The firm had revenue of $2.43 billion for the quarter, compared to analyst estimates of $2.16 billion. Prologis had a return on equity of 7.29% and a net margin of 45.79%.The business’s revenue was up 11.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.46 EPS. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. Sell-side analysts predict that Prologis, Inc. will post 6.28 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have issued reports on PLD. BMO Capital Markets reduced their price target on shares of Prologis from $162.00 to $158.00 and set an “outperform” rating for the company in a research report on Monday, June 29th. Wells Fargo & Company upped their price objective on shares of Prologis from $155.00 to $167.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Robert W. Baird set a $140.00 price objective on shares of Prologis in a research note on Friday, July 31st. BTIG Research raised their target price on shares of Prologis from $160.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday, July 1st. Finally, Mizuho boosted their target price on shares of Prologis from $150.00 to $159.00 and gave the company an “outperform” rating in a research report on Friday, July 17th. Sixteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $154.57.

Insider Buying and Selling at Prologis

In other news, CFO Timothy D. Arndt sold 3,597 shares of Prologis stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $150.00, for a total value of $539,550.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 0.52% of the stock is currently owned by company insiders.

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.