Public Employees Retirement System of Ohio Sells 205,603 Shares of Prologis, Inc. $PLD

Public Employees Retirement System of Ohio decreased its position in shares of Prologis, Inc. (NYSE:PLD) by 12.4% in the first quarter, HoldingsChannel reports. The fund owned 1,449,854 shares of the real estate investment trust’s stock after selling 205,603 shares during the quarter. Prologis makes up 0.6% of Public Employees Retirement System of Ohio’s portfolio, making the stock its 23rd largest position. Public Employees Retirement System of Ohio’s holdings in Prologis were worth $191,642,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of PLD. High Point Wealth Management LLC purchased a new position in Prologis during the 4th quarter worth $26,000. Ares Financial Consulting LLC purchased a new stake in Prologis in the fourth quarter valued at about $26,000. Eagle Bay Advisors LLC acquired a new stake in Prologis in the fourth quarter worth about $27,000. SouthState Bank Corp boosted its holdings in Prologis by 73.1% in the fourth quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 95 shares in the last quarter. Finally, Hilton Head Capital Partners LLC purchased a new stake in shares of Prologis during the fourth quarter worth about $29,000. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CFO Timothy D. Arndt sold 3,597 shares of the company’s stock in a transaction 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 the SEC website. Insiders own 0.52% of the company’s stock.

Prologis Stock Up 0.3%

Shares of PLD stock opened at $145.10 on Friday. The stock’s 50-day simple moving average is $143.42 and its 200-day simple moving average is $138.49. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.51 and a current ratio of 0.27. The firm has a market capitalization of $135.28 billion, a PE ratio of 32.32 and a beta of 1.32. Prologis, Inc. has a fifty-two week low of $103.41 and a fifty-two week high of $153.35.

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

Prologis Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th were paid a dividend of $1.07 per share. This represents a $4.28 annualized dividend and a yield of 2.9%. The ex-dividend date was Tuesday, June 16th. Prologis’s payout ratio is presently 95.32%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on PLD. BMO Capital Markets cut their price objective on shares of Prologis from $162.00 to $158.00 and set an “outperform” rating on the stock in a report on Monday, June 29th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $157.00 target price on shares of Prologis in a research note on Friday, April 17th. Wall Street Zen raised shares of Prologis from a “sell” rating to a “hold” rating in a research report on Saturday, July 18th. Barclays upped their price target on shares of Prologis from $139.00 to $156.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. Finally, Wells Fargo & Company raised their price target on shares of Prologis from $155.00 to $167.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Fifteen equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $153.81.

More Prologis News

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Prologis made a final takeover bid for U.K. warehouse landlord SEGRO worth about $18.7 billion, and SEGRO’s board said it would recommend the proposal to shareholders. That improves the odds of a deal and highlights Prologis’s ability to use M&A to expand its logistics real estate footprint. Article Title
• Positive Sentiment: Scotiabank raised its price target on Prologis to $150 from $146, while Truist lifted its target to $162, signaling continued confidence in the stock’s valuation and long-term outlook. Article Title Article Title
• Positive Sentiment: Recent coverage says investor interest in logistics and data-center themes is returning, which could support Prologis’s industrial warehouse portfolio and AI-related expansion narrative. Article Title
• Neutral Sentiment: Some commentary says the stock may be trading above fair value after a strong run, which could temper near-term upside even as fundamentals remain solid. Article Title
• Neutral Sentiment: Analysts have also pointed to Prologis’s recent earnings strength as a broader boost for industrial REITs, reinforcing the company’s operating momentum rather than changing the story materially. Article Title

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.