Pensionfund PDN Takes $15.13 Million Position in Prologis, Inc. $PLD

Key Points

• Pensionfund PDN bought 118,553 shares of Prologis valued at approximately $15.13 million, making Prologis 10.0% of PDN’s portfolio and its largest holding.
• Prologis reported Q4 EPS of $1.44 (in line) and revenue of $2.25 billion (above estimates), with management guiding FY2026 EPS to 6.00–6.20.
• The company raised its quarterly dividend to $1.07 ($4.28 annualized, ~3.3% yield), while its payout ratio is notably high at 120.56%.

Pensionfund PDN acquired a new stake in Prologis, Inc. (NYSE:PLD - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 118,553 shares of the real estate investment trust's stock, valued at approximately $15,134,000. Prologis makes up 10.0% of Pensionfund PDN's investment portfolio, making the stock its largest holding.

A number of other hedge funds also recently added to or reduced their stakes in PLD. Clayton Financial Group LLC purchased a new position in Prologis in the 3rd quarter valued at approximately $26,000. True Wealth Design LLC increased its position in shares of 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 period. Silver Oak Securities Incorporated acquired a new stake in shares of Prologis in the third quarter valued at $36,000. Rossby Financial LCC boosted its holdings in Prologis by 69.6% in the third quarter. Rossby Financial LCC now owns 329 shares of the real estate investment trust's stock valued at $38,000 after purchasing an additional 135 shares during the period. Finally, Dogwood Wealth Management LLC grew its stake in Prologis by 87.3% during the 3rd quarter. Dogwood Wealth Management LLC now owns 339 shares of the real estate investment trust's stock worth $39,000 after purchasing an additional 158 shares in the last quarter. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Prologis Trading Up 1.8%

PLD opened at $130.30 on Tuesday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.58 and a current ratio of 0.58. Prologis, Inc. has a one year low of $85.35 and a one year high of $143.95. The company has a market cap of $121.12 billion, a P/E ratio of 36.70, a PEG ratio of 3.02 and a beta of 1.41. The business's 50-day simple moving average is $134.83 and its 200-day simple moving average is $127.15.

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

Prologis Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be given a dividend of $1.07 per share. The ex-dividend date is Tuesday, March 17th. This represents a $4.28 annualized dividend and a dividend yield of 3.3%. This is a boost from Prologis's previous quarterly dividend of $1.01. Prologis's payout ratio is presently 120.56%.

Analyst Upgrades and Downgrades

PLD has been the topic of a number of analyst reports. Royal Bank Of Canada increased their price target on Prologis from $132.00 to $135.00 and gave the company a "sector perform" rating in a research report on Monday, February 2nd. Citigroup started coverage on shares of Prologis in a research note on Thursday, March 5th. They set a "buy" rating and a $145.00 target price on the stock. Evercore raised their target price on shares of Prologis from $118.00 to $121.00 and gave the company an "in-line" rating in a report on Thursday, January 22nd. Robert W. Baird reiterated a "neutral" rating and issued a $130.00 price target (up from $128.00) on shares of Prologis in a research note on Thursday, January 8th. Finally, BNP Paribas Exane boosted their price target on shares of Prologis from $129.00 to $140.00 and gave the stock an "outperform" rating in a report on Wednesday, January 21st. Fourteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $137.20.

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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