Landscape Capital Management L.L.C. Makes New $8.01 Million Investment in Prologis, Inc. $PLD

Key Points

• Landscape Capital Management initiated an $8.01 million position in Prologis during the second quarter, acquiring 59,103 shares. Institutional investors and hedge funds collectively own 93.5% of Prologis.
• Prologis beat quarterly expectations with $1.13 in adjusted earnings per share and $2.43 billion in revenue, up 11% year over year. The company maintained fiscal 2026 EPS guidance of $6.22–$6.30.
• Analysts maintain a generally positive view, giving Prologis a consensus “Moderate Buy” rating and an average price target of $154.57, compared with a recent share price of $141.77.

Landscape Capital Management L.L.C. acquired a new position in shares of Prologis, Inc. (NYSE:PLD - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 59,103 shares of the real estate investment trust's stock, valued at approximately $8,007,000. Prologis makes up about 0.5% of Landscape Capital Management L.L.C.'s portfolio, making the stock its 24th largest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Ares Financial Consulting LLC acquired a new position in Prologis during the 4th quarter worth approximately $26,000. High Point Wealth Management LLC bought a new stake in Prologis during the fourth quarter worth $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. bought a new stake in shares of Prologis in the 2nd quarter valued at about $29,000. Finally, SouthState Bank Corp raised its holdings in shares of Prologis by 73.1% in 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 and hedge funds own 93.50% of the company's stock.

Prologis Stock Performance

Shares of NYSE:PLD opened at $141.77 on Friday. Prologis, Inc. has a 12-month low of $109.14 and a 12-month high of $153.35. The company's 50 day moving average price is $142.53 and its two-hundred day moving average price is $140.29. The firm has a market cap of $132.28 billion, a PE ratio of 31.57 and a beta of 1.31. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.63.

Prologis (NYSE:PLD - Get Free Report) last released its quarterly 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. The company had revenue of $2.43 billion during the quarter, compared to the consensus estimate of $2.16 billion. Prologis had a net margin of 45.79% and a return on equity of 7.29%. The firm's quarterly revenue was up 11.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.46 earnings per share. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. Equities research analysts predict that Prologis, Inc. will post 6.28 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently commented on PLD. Wall Street Zen upgraded Prologis from a "sell" rating to a "hold" rating in a report on Saturday, July 18th. Barclays boosted their target price on Prologis from $139.00 to $156.00 and gave the stock an "overweight" rating in a report on Thursday, July 16th. Morgan Stanley increased their price target on Prologis from $135.00 to $151.00 and gave the company an "equal weight" rating in a research note on Tuesday, May 26th. BMO Capital Markets cut their price target on Prologis from $162.00 to $158.00 and set an "outperform" rating for the company in a report on Monday, June 29th. Finally, Wells Fargo & Company upped their price objective on shares of Prologis from $155.00 to $167.00 and gave the company an "overweight" rating in a report on Monday, June 1st. Sixteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $154.57.

Insider Activity at Prologis

In related news, CFO Timothy D. Arndt sold 3,597 shares of the business's stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $150.00, for a total value of $539,550.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.52% of the company's stock.

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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