Cetera Investment Advisers Acquires 16,812 Shares of Prologis, Inc. $PLD

Cetera Investment Advisers increased its holdings in Prologis, Inc. (NYSE:PLD) by 4.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 383,870 shares of the real estate investment trust’s stock after buying an additional 16,812 shares during the period. Cetera Investment Advisers’ holdings in Prologis were worth $50,740,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in PLD. Norges Bank acquired a new position in Prologis in the 4th quarter valued at $1,589,125,000. Cardano Risk Management B.V. grew its holdings in shares of Prologis by 999.3% during the 4th quarter. Cardano Risk Management B.V. now owns 11,228,730 shares of the real estate investment trust’s stock worth $1,433,460,000 after purchasing an additional 10,207,267 shares in the last quarter. Swedbank AB increased its position in shares of Prologis by 36.2% in the fourth quarter. Swedbank AB now owns 7,664,583 shares of the real estate investment trust’s stock worth $978,461,000 after purchasing an additional 2,038,329 shares during the period. Bessemer Group Inc. increased its position in shares of Prologis by 8,000.9% in the fourth quarter. Bessemer Group Inc. now owns 1,595,963 shares of the real estate investment trust’s stock worth $203,741,000 after purchasing an additional 1,576,262 shares during the period. Finally, Vanguard Group Inc. raised its stake in Prologis by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 123,323,290 shares of the real estate investment trust’s stock valued at $15,743,451,000 after purchasing an additional 1,258,407 shares in the last quarter. 93.50% of the stock is currently owned by institutional investors.

Trending Headlines about Prologis

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Segro’s board said it would recommend Prologis’s final $18.7 billion takeover bid, a sign the deal is gaining traction and could expand Prologis’s portfolio and long-term growth prospects. Article Title
• Positive Sentiment: Scotiabank raised its price target on Prologis to $150 from $146, while Truist boosted its target to $162, reflecting improved analyst confidence in the stock’s valuation. Article Title
• Positive Sentiment: Recent commentary highlighted Prologis as potentially undervalued after its earnings beat and raised guidance, reinforcing optimism around earnings momentum and fundamentals. Article Title
• Neutral Sentiment: Additional articles noted renewed investor attention on logistics and data-center themes, but these were more thematic than company-specific and did not include new financial results or formal guidance changes. Article Title

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. upped their price objective on shares of Prologis from $141.00 to $157.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. Barclays boosted their target price on shares of Prologis from $139.00 to $156.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. BNP Paribas Exane increased their price target on shares of Prologis from $140.00 to $150.00 and gave the stock an “outperform” rating in a research report on Friday, April 17th. Bank of America lifted their price objective on shares of Prologis from $153.00 to $162.00 and gave the company a “buy” rating in a research note on Monday, April 20th. Finally, The Goldman Sachs Group restated a “neutral” rating and set a $157.00 price objective on shares of Prologis in a research report on Friday, April 17th. 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 data from MarketBeat, Prologis presently has a consensus rating of “Moderate Buy” and an average target price of $153.81.

Insiders Place Their Bets

In other Prologis news, CFO Timothy D. Arndt sold 3,597 shares of the stock in a transaction dated 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.52% of the company’s stock.

Prologis Trading Up 1.6%

Shares of Prologis stock opened at $147.43 on Friday. The firm’s 50 day moving average is $143.56 and its 200 day moving average is $138.55. The firm has a market capitalization of $137.45 billion, a PE ratio of 32.84 and a beta of 1.32. Prologis, Inc. has a 1 year low of $103.41 and a 1 year high of $153.35. The company has a current ratio of 0.27, a quick ratio of 0.51 and a debt-to-equity ratio of 0.63.

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

Prologis Dividend Announcement

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

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.