756,402 Shares in Prologis, Inc. $PLD Bought by PFA Pension Forsikringsaktieselskab

Key Points

• PFA Pension Forsikringsaktieselskab opened a new position in Prologis, buying 756,402 shares (~$97.6 million), representing about 0.08% ownership at the end of the quarter.
• Prologis beat Q1 expectations with $1.05 EPS (vs. $0.81 est.) and $2.30B revenue (vs. $2.12B est.), and set FY2026 guidance of 6.07–6.23 EPS (analysts expect ~6.17).
• The company declared a quarterly dividend of $1.07 ($4.28 annual, ~3.0% yield), though the payout ratio is notably high at 107.81%.

PFA Pension Forsikringsaktieselskab purchased a new position in shares of Prologis, Inc. (NYSE:PLD - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 756,402 shares of the real estate investment trust's stock, valued at approximately $97,583,000. PFA Pension Forsikringsaktieselskab owned 0.08% of Prologis at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PLD. Brighton Jones LLC raised its stake in Prologis by 629.0% during the 4th quarter. Brighton Jones LLC now owns 17,475 shares of the real estate investment trust's stock valued at $1,847,000 after acquiring an additional 15,078 shares during the last quarter. Schnieders Capital Management LLC. raised its stake in Prologis by 45.4% during the 2nd quarter. Schnieders Capital Management LLC. now owns 10,728 shares of the real estate investment trust's stock valued at $1,128,000 after acquiring an additional 3,350 shares during the last quarter. Walleye Capital LLC purchased a new stake in Prologis during the 2nd quarter valued at approximately $422,000. NewEdge Advisors LLC raised its stake in Prologis by 6.8% during the 2nd quarter. NewEdge Advisors LLC now owns 63,829 shares of the real estate investment trust's stock valued at $6,710,000 after acquiring an additional 4,074 shares during the last quarter. Finally, Treasurer of the State of North Carolina raised its stake in Prologis by 2.4% during the 2nd quarter. Treasurer of the State of North Carolina now owns 433,312 shares of the real estate investment trust's stock valued at $45,550,000 after acquiring an additional 10,266 shares during the last quarter. 93.50% of the stock is owned by hedge funds and other institutional investors.

Prologis Stock Performance

NYSE:PLD opened at $141.53 on Friday. The company has a quick ratio of 0.58, a current ratio of 0.16 and a debt-to-equity ratio of 0.60. Prologis, Inc. has a fifty-two week low of $103.02 and a fifty-two week high of $145.44. The stock has a market cap of $131.94 billion, a PE ratio of 35.65, a price-to-earnings-growth ratio of 3.13 and a beta of 1.34. The firm's fifty day simple moving average is $136.77 and its 200-day simple moving average is $131.39.

Prologis (NYSE:PLD - Get Free Report) last posted its quarterly earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share for the quarter, topping analysts' consensus estimates of $0.81 by $0.24. Prologis had a net margin of 41.54% and a return on equity of 6.46%. The business had revenue of $2.30 billion for the quarter, compared to analysts' expectations of $2.12 billion. During the same period in the prior year, the company posted $1.43 EPS. The business's revenue for the quarter was up 6.9% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. Analysts expect that Prologis, Inc. will post 6.17 earnings per share for the current fiscal year.

Prologis Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be paid a dividend of $1.07 per share. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $4.28 dividend on an annualized basis and a dividend yield of 3.0%. Prologis's dividend payout ratio is 107.81%.

Analyst Upgrades and Downgrades

Several analysts have commented on PLD shares. Mizuho upped their price objective on Prologis from $143.00 to $150.00 and gave the company an "outperform" rating in a research note on Wednesday, April 22nd. DA Davidson upped their price objective on shares of Prologis from $140.00 to $160.00 and gave the stock a "buy" rating in a research report on Tuesday, April 21st. Bank of America upped their price objective on shares of Prologis from $153.00 to $162.00 and gave the stock a "buy" rating in a research report on Monday, April 20th. Robert W. Baird upped their price objective on shares of Prologis from $133.00 to $136.00 and gave the stock a "neutral" rating in a research report on Friday, April 17th. Finally, Weiss Ratings downgraded shares of Prologis from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Thursday, April 16th. Fourteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, Prologis presently has an average rating of "Moderate Buy" and an average price target of $147.90.

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.

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