Vinva Investment Management Ltd Increases Position in Prologis, Inc. $PLD

Key Points

• Vinva Investment Management Ltd boosted its stake in Prologis by 19.8% in Q3 to 75,037 shares—adding 12,402 shares worth about $8.57 million.
• Prologis reported Q results with EPS of $1.44 (in line) and revenue of $2.25B (beat), set FY2026 guidance of 6.000–6.200 EPS, and raised its quarterly dividend to $1.07 (annualized $4.28, ~3.2% yield).
• Street sentiment is a Moderate Buy with an average target of $137.20; the stock trades near $134.42 with a market cap of about $125 billion and a PE of ~38.

Vinva Investment Management Ltd increased its holdings in shares of Prologis, Inc. (NYSE:PLD - Free Report) by 19.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 75,037 shares of the real estate investment trust's stock after acquiring an additional 12,402 shares during the quarter. Vinva Investment Management Ltd's holdings in Prologis were worth $8,572,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of PLD. Whittier Trust Co. of Nevada Inc. grew its stake in Prologis by 0.5% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 16,583 shares of the real estate investment trust's stock valued at $1,941,000 after purchasing an additional 82 shares during the period. Foster Dykema Cabot & Partners LLC raised its stake in shares of Prologis by 1.0% during the 3rd quarter. Foster Dykema Cabot & Partners LLC now owns 8,232 shares of the real estate investment trust's stock worth $943,000 after purchasing an additional 83 shares during the period. Cornerstone Advisory LLC boosted its holdings in shares of Prologis by 2.4% in the 3rd quarter. Cornerstone Advisory LLC now owns 3,535 shares of the real estate investment trust's stock worth $405,000 after buying an additional 84 shares during the last quarter. Clear Investment Research LLC grew its position in Prologis by 34.5% during the third quarter. Clear Investment Research LLC now owns 343 shares of the real estate investment trust's stock valued at $39,000 after buying an additional 88 shares during the period. Finally, Fidelis Capital Partners LLC increased its holdings in Prologis by 1.0% during the third quarter. Fidelis Capital Partners LLC now owns 9,069 shares of the real estate investment trust's stock worth $1,039,000 after buying an additional 89 shares during the last quarter. Hedge funds and other institutional investors own 93.50% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on PLD. Evercore increased their price target on Prologis from $118.00 to $121.00 and gave the stock an "in-line" rating in a research note on Thursday, January 22nd. Wall Street Zen downgraded shares of Prologis from a "hold" rating to a "sell" rating in a report on Saturday, February 7th. Mizuho increased their target price on shares of Prologis from $138.00 to $143.00 and gave the stock an "outperform" rating in a research report on Monday, January 26th. Truist Financial reduced their target price on shares of Prologis from $142.00 to $139.00 and set a "buy" rating for the company in a research note on Monday, January 26th. Finally, Royal Bank Of Canada boosted their price target on shares of Prologis from $132.00 to $135.00 and gave the company a "sector perform" rating in a research report on Monday, February 2nd. Fourteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. According to data from MarketBeat, Prologis has a consensus rating of "Moderate Buy" and an average target price of $137.20.

Prologis Stock Performance

Shares of PLD opened at $134.42 on Monday. Prologis, Inc. has a 12-month low of $85.35 and a 12-month high of $143.95. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.61. The company has a market cap of $124.95 billion, a PE ratio of 37.86, a price-to-earnings-growth ratio of 3.33 and a beta of 1.41. The stock has a 50-day moving average price of $133.95 and a 200-day moving average price of $125.56.

Prologis (NYSE:PLD - Get Free Report) last posted its quarterly earnings data 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. Prologis had a net margin of 37.86% and a return on equity of 5.79%. The company had revenue of $2.25 billion for the quarter, compared to analysts' expectations of $2.09 billion. During the same period in the prior year, the business earned $1.42 earnings per share. Prologis'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. As a group, equities analysts forecast that Prologis, Inc. will post 5.73 earnings per share 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. This is an increase from Prologis's previous quarterly dividend of $1.01. The ex-dividend date is Tuesday, March 17th. This represents a $4.28 annualized dividend and a dividend yield of 3.2%. Prologis's dividend payout ratio is 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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