Advisors Preferred LLC Acquires New Position in Prologis, Inc. $PLD

Key Points

• Advisors Preferred LLC opened a new position in Prologis (PLD) in Q4, buying 21,344 shares worth about $2.75 million, while institutional investors now own roughly 93.5% of the company (Vanguard holds 123.3M shares).
• Prologis beat Q1 estimates with $1.05 EPS versus $0.81 expected and $2.30B revenue, and set FY2026 guidance of 6.070–6.230 EPS (analysts project ~6.17 EPS).
• The firm declared a quarterly dividend of $1.07 (annualized $4.28, ~3.0% yield), and several analysts upgraded price targets, leaving a MarketBeat consensus of “Moderate Buy” with an average target of $147.90.

Advisors Preferred LLC acquired a new stake in Prologis, Inc. (NYSE:PLD - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 21,344 shares of the real estate investment trust's stock, valued at approximately $2,754,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in Prologis by 1.0% in the 4th 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 acquiring an additional 1,258,407 shares during the period. Capital International Investors increased its position in shares of Prologis by 15.0% during the third quarter. Capital International Investors now owns 7,247,383 shares of the real estate investment trust's stock valued at $829,970,000 after buying an additional 946,847 shares during the period. Wellington Management Group LLP increased its position in shares of Prologis by 1.2% during the third quarter. Wellington Management Group LLP now owns 6,995,375 shares of the real estate investment trust's stock valued at $801,110,000 after buying an additional 85,012 shares during the period. Ameriprise Financial Inc. increased its position in shares of Prologis by 0.5% during the third quarter. Ameriprise Financial Inc. now owns 6,837,026 shares of the real estate investment trust's stock valued at $778,528,000 after buying an additional 31,456 shares during the period. Finally, Amundi increased its position in shares of Prologis by 22.0% during the third quarter. Amundi now owns 5,651,563 shares of the real estate investment trust's stock valued at $661,968,000 after buying an additional 1,020,819 shares during the period. 93.50% of the stock is currently owned by institutional investors.

Prologis Stock Performance

NYSE:PLD opened at $141.53 on Monday. The firm has a market cap of $131.94 billion, a PE ratio of 35.65, a price-to-earnings-growth ratio of 3.12 and a beta of 1.33. Prologis, Inc. has a fifty-two week low of $103.02 and a fifty-two week high of $145.44. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.51 and a current ratio of 0.51. The business has a 50 day moving average price of $136.77 and a 200-day moving average price of $131.63.

Prologis (NYSE:PLD - Get Free Report) last released its quarterly earnings data on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share for the quarter, beating analysts' consensus estimates of $0.81 by $0.24. The firm had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.12 billion. Prologis had a return on equity of 6.47% and a net margin of 41.54%.The business's quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.43 earnings per share. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. Equities research analysts predict that Prologis, Inc. will post 6.17 earnings per share for the current year.

Prologis Announces Dividend

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

Analyst Upgrades and Downgrades

PLD has been the topic of several analyst reports. Citigroup upped their price target on Prologis from $145.00 to $165.00 and gave the company a "buy" rating in a research report on Tuesday, April 21st. UBS Group upped their price target on Prologis from $148.00 to $161.00 and gave the company a "buy" rating in a research report on Friday, April 17th. Weiss Ratings upgraded Prologis from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday. BNP Paribas Exane upped their price target on Prologis from $140.00 to $150.00 and gave the company an "outperform" rating in a research report on Friday, April 17th. Finally, Barclays reiterated an "overweight" rating and set a $139.00 price target on shares of Prologis in a research report on Tuesday, January 13th. Fifteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Prologis presently has a consensus 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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