Border to Coast Pensions Partnership Ltd Invests $3.84 Million in Prologis, Inc. $PLD

Key Points

• Border to Coast Pensions Partnership bought a new position of 30,000 shares in Prologis (NYSE:PLD) during Q4, valued at about $3.84 million, and institutional investors now own roughly 93.5% of the stock.
• Analyst sentiment is generally positive—MarketBeat shows a "Moderate Buy" consensus (13 Buys, 7 Holds) with an average target of $138.16, while firms like BTIG and Wells Fargo have reaffirmed Buy ratings (BTIG target $155) despite a few modest target trims.
• Prologis reported quarterly EPS of $1.44 (in line with estimates) and revenue of $2.25B (above estimates), issued FY2026 guidance of $6.00–$6.20 EPS, and raised its quarterly dividend to $1.07 (annualized $4.28, ~3.1% yield).

Border to Coast Pensions Partnership Ltd bought a new position in Prologis, Inc. (NYSE:PLD - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 30,000 shares of the real estate investment trust's stock, valued at approximately $3,837,000.

Other large investors also recently added to or reduced their stakes in the company. Clayton Financial Group LLC bought a new stake in Prologis during the third quarter worth approximately $26,000. Eagle Bay Advisors LLC bought a new stake in Prologis during the fourth quarter worth approximately $27,000. True Wealth Design LLC increased its stake in Prologis by 87.1% during the fourth quarter. True Wealth Design LLC now owns 262 shares of the real estate investment trust's stock worth $33,000 after acquiring an additional 122 shares during the last quarter. Silver Oak Securities Incorporated bought a new stake in Prologis during the third quarter worth approximately $36,000. Finally, Rossby Financial LCC increased its stake in Prologis by 69.6% during the third quarter. Rossby Financial LCC now owns 329 shares of the real estate investment trust's stock worth $38,000 after acquiring an additional 135 shares during the last quarter. 93.50% of the stock is owned by institutional investors.

Key Prologis News

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Wells Fargo reiterated a Buy on Prologis, reinforcing analyst support for the name and signaling continued confidence in fundamentals and demand for industrial logistics real estate. Read More.
• Positive Sentiment: BTIG reaffirmed a Buy with a $155 price target, implying roughly mid‑teens upside from current levels and providing a bullish anchor for investor sentiment. Read More.
• Neutral Sentiment: Previews from Yahoo Finance/Zacks highlight that Q1 (reporting April 16) will be watched for leasing trends, a typical seasonal occupancy dip, and a revenue view near $2.10B — information that could drive short‑term volatility but doesn’t yet change the longer‑term thesis. Read More.
• Neutral Sentiment: Activity elsewhere in the sector: Terreno (TRNO) completed a fully leased, LEED‑targeted development in Hialeah — a reminder of ongoing new supply and sustainability differentiation in industrial real estate, which is more of a sector signal than a company‑specific driver for Prologis. Read More.
• Negative Sentiment: Jefferies trimmed its price target slightly (from $157 to $155) while keeping a Buy rating — a modest negative as it reduces upside expectations and could temper some of the analyst‑driven rally. Read More.

Wall Street Analyst Weigh In

Several brokerages have weighed in on PLD. Wall Street Zen cut Prologis from a "hold" rating to a "sell" rating in a research note on Saturday, February 7th. Evercore boosted their price objective on Prologis from $118.00 to $121.00 and gave the stock an "in-line" rating in a research note on Thursday, January 22nd. BTIG Research reissued a "buy" rating and set a $155.00 price objective on shares of Prologis in a research note on Wednesday. Freedom Capital cut Prologis from a "strong-buy" rating to a "hold" rating in a research note on Friday, January 23rd. Finally, Robert W. Baird reissued a "neutral" rating and set a $130.00 price objective (up from $128.00) on shares of Prologis in a research note on Thursday, January 8th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $138.16.

Prologis Stock Up 1.0%

Shares of NYSE:PLD opened at $139.73 on Thursday. Prologis, Inc. has a 1 year low of $97.10 and a 1 year high of $143.95. The business has a 50 day simple moving average of $136.01 and a two-hundred day simple moving average of $129.44. The firm has a market capitalization of $130.26 billion, a PE ratio of 39.36, a price-to-earnings-growth ratio of 3.26 and a beta of 1.40. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.58 and a quick ratio of 0.58.

Prologis (NYSE:PLD - Get Free Report) last announced its earnings results on Wednesday, January 21st. The real estate investment trust reported $1.44 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.44. Prologis had a return on equity of 5.79% and a net margin of 37.86%.The business had revenue of $2.25 billion during the quarter, compared to analyst estimates of $2.09 billion. During the same quarter in the previous year, the business earned $1.42 earnings per share. The company's revenue for the quarter was up 7.8% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. On average, equities analysts predict that Prologis, Inc. will post 5.73 EPS for the current year.

Prologis Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were given a dividend of $1.07 per share. This represents a $4.28 annualized dividend and a dividend yield of 3.1%. This is a boost from Prologis's previous quarterly dividend of $1.01. The ex-dividend date was Tuesday, March 17th. Prologis's dividend payout ratio (DPR) is presently 120.56%.

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.

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