Nykredit A S Invests $45.21 Million in Prologis, Inc. $PLD

Key Points

• Nykredit A/S acquired 333,747 Prologis shares during the second quarter, valued at approximately $45.21 million. Institutional investors collectively own 93.5% of the company.
• Prologis reported quarterly EPS of $1.13, exceeding the $0.75 analyst consensus, while revenue rose 11% year over year to $2.43 billion. The company maintained 2026 EPS guidance of $6.22–$6.30.
• Prologis declared a quarterly dividend of $1.07, equivalent to a 3.1% annualized yield. Analysts give the stock a “Moderate Buy” consensus rating with an average price target of $154.52.

Nykredit A S purchased a new position in Prologis, Inc. (NYSE:PLD - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 333,747 shares of the real estate investment trust's stock, valued at approximately $45,213,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PLD. Schnieders Capital Management LLC. increased its position in shares of Prologis by 45.4% in the 2nd quarter. Schnieders Capital Management LLC. now owns 10,728 shares of the real estate investment trust's stock worth $1,128,000 after purchasing an additional 3,350 shares during the last quarter. Callan Family Office LLC acquired a new stake in shares of Prologis in the 2nd quarter valued at about $3,394,000. Merrithew & Thorsten Inc bought a new position in shares of Prologis during the fourth quarter worth about $5,641,000. BlackRock Inc. bought a new position in shares of Prologis during the second quarter worth about $14,006,587,000. Finally, The Manufacturers Life Insurance Company grew its stake in Prologis by 4.5% in the first quarter. The Manufacturers Life Insurance Company now owns 772,814 shares of the real estate investment trust's stock worth $102,151,000 after purchasing an additional 33,172 shares in the last quarter. Hedge funds and other institutional investors own 93.50% of the company's stock.

Prologis Price Performance

Shares of NYSE:PLD opened at $137.96 on Friday. The company has a market cap of $128.73 billion, a PE ratio of 30.73 and a beta of 1.30. Prologis, Inc. has a fifty-two week low of $110.51 and a fifty-two week high of $153.35. The firm has a 50-day simple moving average of $142.12 and a 200 day simple moving average of $140.60. 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 issued its earnings results on Thursday, July 16th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.75 by $0.38. Prologis had a net margin of 45.79% and a return on equity of 7.29%. The firm had revenue of $2.43 billion for the quarter, compared to analysts' expectations of $2.16 billion. During the same quarter last year, the company posted $1.46 earnings per share. Prologis'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, sell-side analysts anticipate that Prologis, Inc. will post 6.27 EPS for the current year.

Prologis Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be issued a $1.07 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $4.28 annualized dividend and a dividend yield of 3.1%. Prologis's dividend payout ratio (DPR) is 95.32%.

Analyst Ratings Changes

Several analysts recently weighed in on PLD shares. Barclays boosted their price objective on Prologis from $139.00 to $156.00 and gave the company an "overweight" rating in a report on Thursday, July 16th. Wall Street Zen raised Prologis from a "sell" rating to a "hold" rating in a report on Saturday, July 18th. Morgan Stanley lifted their target price on Prologis from $135.00 to $151.00 and gave the stock an "equal weight" rating in a research report on Tuesday, May 26th. Truist Financial boosted their price target on Prologis from $154.00 to $162.00 and gave the company a "buy" rating in a report on Tuesday, July 21st. Finally, Robert W. Baird set a $140.00 price target on Prologis in a research report on Friday, July 31st. Sixteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $154.52.

Insider Activity

In related news, CFO Timothy Arndt sold 3,597 shares of the business's stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $150.00, for a total transaction of $539,550.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.52% of the company's stock.

Prologis 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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