Prologis, Inc. $PLD Stock Position Increased by Sei Investments Co.

Sei Investments Co. raised its position in shares of Prologis, Inc. (NYSE:PLD) by 0.5% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,233,173 shares of the real estate investment trust’s stock after purchasing an additional 11,125 shares during the period. Sei Investments Co.’s holdings in Prologis were worth $295,182,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of PLD. Cetera Investment Advisers boosted its position in shares of Prologis by 4.6% during the first quarter. Cetera Investment Advisers now owns 383,870 shares of the real estate investment trust’s stock worth $50,740,000 after buying an additional 16,812 shares during the period. Dynamic Wealth Strategies LLC increased its position in Prologis by 78.6% in the 1st quarter. Dynamic Wealth Strategies LLC now owns 400 shares of the real estate investment trust’s stock valued at $53,000 after acquiring an additional 176 shares during the period. Prestige Wealth Management Group LLC raised its stake in Prologis by 1,700.3% during the 1st quarter. Prestige Wealth Management Group LLC now owns 12,692 shares of the real estate investment trust’s stock valued at $1,678,000 after acquiring an additional 11,987 shares in the last quarter. First Citizens Bank & Trust Co. raised its stake in Prologis by 2.2% during the 1st quarter. First Citizens Bank & Trust Co. now owns 102,047 shares of the real estate investment trust’s stock valued at $13,489,000 after acquiring an additional 2,215 shares in the last quarter. Finally, First Trust Advisors LP boosted its position in Prologis by 38.7% during the 1st quarter. First Trust Advisors LP now owns 317,095 shares of the real estate investment trust’s stock worth $41,914,000 after acquiring an additional 88,423 shares during the period. Institutional investors own 93.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on PLD shares. UBS Group raised their price target on Prologis from $148.00 to $161.00 and gave the company a “buy” rating in a report on Friday, April 17th. Weiss Ratings raised shares of Prologis from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, May 1st. JPMorgan Chase & Co. increased their target price on shares of Prologis from $141.00 to $157.00 and gave the company an “overweight” rating in a research report on Tuesday, April 21st. Royal Bank Of Canada boosted their price target on shares of Prologis from $135.00 to $148.00 and gave the stock a “sector perform” rating in a research report on Tuesday, April 28th. Finally, Bank of America upped their price target on shares of Prologis from $153.00 to $162.00 and gave the stock a “buy” rating in a research note on Monday, April 20th. Fifteen analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $153.62.

Insider Activity at Prologis

In related news, CFO Timothy D. Arndt sold 3,597 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $150.00, for a total value of $539,550.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.52% of the stock is owned by insiders.

Prologis News Summary

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Barclays reiterated a buy rating on Prologis, and Truist raised its price target to $162 from $154, reinforcing the view that the stock still has upside after its recent run. Prologis (PLD) Gets a Buy from Barclays
• Positive Sentiment: Analysts and industry coverage pointed to accelerating warehouse leasing and AI-related demand helping Prologis expand, which supports the company’s long-term growth outlook. Prologis (NYSE:PLD) Turns AI Demand Into Expansion
• Positive Sentiment: Prologis reported stronger-than-expected quarterly earnings and revenue, which has also been cited as a catalyst for industrial REITs broadly and helps explain investor confidence in PLD. Prologis Earnings Drive Industrial REITs Higher
• Neutral Sentiment: Prologis is making a “best and final” takeover bid for UK warehouse landlord SEGRO, which could create strategic benefits if successful, but also adds execution and deal-risk uncertainty. Prologis Makes Final $18.7 Billion Bid to Take Over Segro
• Neutral Sentiment: Shareholder and analyst commentary around the SEGRO transaction suggests the market is still weighing the likelihood and terms of a deal, keeping attention on Prologis rather than changing fundamentals directly. Segro shareholder urges engagement with Prologis over $18.1 billion proposal
• Negative Sentiment: One market note argued PLD has run too far and may be above fair value after a large recent move, which could encourage profit-taking and limit near-term upside. Prologis (PLD) Stock Looks Above Fair Value As 42% Run Cools

Prologis Trading Down 3.5%

Shares of Prologis stock opened at $144.67 on Thursday. The business has a fifty day simple moving average of $143.37 and a 200-day simple moving average of $138.37. Prologis, Inc. has a fifty-two week low of $103.41 and a fifty-two week high of $153.35. The firm has a market cap of $134.88 billion, a price-to-earnings ratio of 32.22 and a beta of 1.32. The company has a quick ratio of 0.51, a current ratio of 0.27 and a debt-to-equity ratio of 0.63.

Prologis (NYSE:PLD) last released its earnings results on Thursday, July 16th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.38. Prologis had a return on equity of 7.29% and a net margin of 45.79%.The firm had revenue of $2.43 billion for the quarter, compared to analyst estimates of $2.16 billion. During the same period in the previous year, the company earned $1.46 earnings per share. Prologis’s revenue was up 11.0% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. On average, equities analysts forecast that Prologis, Inc. will post 6.27 EPS for the current fiscal year.

Prologis Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th were paid a $1.07 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $4.28 annualized dividend and a dividend yield of 3.0%. Prologis’s payout ratio is currently 95.32%.

About Prologis

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.