B. Metzler seel. Sohn & Co. AG Invests $13.49 Million in Prologis, Inc. $PLD

Key Points

• B. Metzler seel. Sohn & Co. AG acquired 99,560 Prologis shares worth approximately $13.49 million during the second quarter. Institutional investors collectively own 93.5% of the company.
• Analyst sentiment remains favorable, with 16 Buy ratings and seven Holds, producing a “Moderate Buy” consensus and an average price target of $154.57.
• Prologis reported quarterly earnings of $1.13 per share, exceeding estimates of $0.75, while revenue rose 11% year over year to $2.43 billion. Shares opened at $140.51, below the 52-week high of $153.35.

B. Metzler seel. Sohn & Co. AG purchased a new stake in shares of Prologis, Inc. (NYSE:PLD - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 99,560 shares of the real estate investment trust's stock, valued at approximately $13,487,000.

Other institutional investors also recently modified their holdings of the company. Ares Financial Consulting LLC acquired a new stake in shares of Prologis in the fourth quarter valued at about $26,000. High Point Wealth Management LLC bought a new position in shares of Prologis in the fourth quarter worth about $26,000. Clearstead Trust LLC acquired a new position in shares of Prologis during the 2nd quarter worth about $28,000. Johnson Financial Group Inc. acquired a new position in shares of Prologis during the 2nd quarter worth about $29,000. Finally, SouthState Bank Corp boosted its stake in Prologis by 73.1% during the 4th quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust's stock valued at $29,000 after purchasing an additional 95 shares during the period. Institutional investors own 93.50% of the company's stock.

Insider Transactions at Prologis

In other Prologis news, CFO Timothy D. Arndt sold 3,597 shares of the business's 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 SEC, which can be accessed through the SEC website. 0.52% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on PLD. Weiss Ratings raised Prologis from a "buy (b-)" rating to a "buy (b)" rating in a research report on Wednesday, August 12th. Morgan Stanley boosted their target price on shares of Prologis from $135.00 to $151.00 and gave the stock an "equal weight" rating in a research report on Tuesday, May 26th. BMO Capital Markets cut their target price on shares of Prologis from $162.00 to $158.00 and set an "outperform" rating for the company in a research note on Monday, June 29th. Scotiabank increased their price target on shares of Prologis from $146.00 to $150.00 and gave the company a "sector perform" rating in a report on Thursday, July 23rd. Finally, Truist Financial boosted their price objective on shares of Prologis from $154.00 to $162.00 and gave the stock a "buy" rating in a report on Tuesday, July 21st. Sixteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $154.57.

Prologis Trading Down 0.6%

Shares of Prologis stock opened at $140.51 on Friday. Prologis, Inc. has a 52-week low of $107.84 and a 52-week high of $153.35. The firm has a market capitalization of $131.11 billion, a PE ratio of 31.29 and a beta of 1.31. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.70 and a quick ratio of 0.70. The company's fifty day moving average price is $142.66 and its two-hundred day moving average price is $140.28.

Prologis (NYSE:PLD - Get Free Report) last issued its earnings results on Thursday, July 16th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.38. Prologis had a net margin of 45.79% and a return on equity of 7.29%. The business 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 business earned $1.46 EPS. The firm's revenue was up 11.0% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. On average, analysts expect that Prologis, Inc. will post 6.28 EPS for the current year.

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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