Investment Analysts’ Recent Ratings Changes for Prologis (PLD)

A number of firms have modified their ratings and price targets on shares of Prologis (NYSE: PLD) recently:

• 2/3/2025 – Prologis had its “market perform” rating reaffirmed by analysts at Raymond James.
• 1/30/2025 – Prologis had its price target raised by analysts at Robert W. Baird from $123.00 to $124.00. They now have an “outperform” rating on the stock.
• 1/28/2025 – Prologis had its price target raised by analysts at UBS Group AG from $121.00 to $137.00. They now have a “buy” rating on the stock.
• 1/27/2025 – Prologis had its price target raised by analysts at Royal Bank of Canada from $125.00 to $128.00. They now have a “sector perform” rating on the stock.
• 1/27/2025 – Prologis had its price target lowered by analysts at Scotiabank from $134.00 to $133.00. They now have a “sector outperform” rating on the stock.
• 1/27/2025 – Prologis had its price target raised by analysts at Truist Financial Co. from $121.00 to $123.00. They now have a “buy” rating on the stock.
• 1/22/2025 – Prologis was upgraded by analysts at BNP Paribas to a “strong-buy” rating.
• 1/17/2025 – Prologis had its price target lowered by analysts at Wolfe Research from $135.00 to $128.00. They now have an “overweight” rating on the stock.
• 1/17/2025 – Prologis had its price target lowered by analysts at BTIG Research from $154.00 to $134.00. They now have a “buy” rating on the stock.
• 1/17/2025 – Prologis had its price target lowered by analysts at Truist Financial Co. from $132.00 to $121.00. They now have a “buy” rating on the stock.
• 1/8/2025 – Prologis had its price target lowered by analysts at Mizuho from $119.00 to $117.00. They now have a “neutral” rating on the stock.
• 1/6/2025 – Prologis was upgraded by analysts at Baird R W from a “hold” rating to a “strong-buy” rating.
• 1/6/2025 – Prologis was upgraded by analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating. They now have a $123.00 price target on the stock, down previously from $124.00.
• 12/11/2024 – Prologis had its “outperform” rating reaffirmed by analysts at Raymond James. They now have a $125.00 price target on the stock, down previously from $130.00.
• 12/6/2024 – Prologis was downgraded by analysts at BMO Capital Markets from a “market perform” rating to an “underperform” rating. They now have a $104.00 price target on the stock, down previously from $120.00.

Prologis Stock Performance

PLD traded up $0.56 during trading hours on Tuesday, hitting $118.40. The company’s stock had a trading volume of 1,420,289 shares, compared to its average volume of 4,367,362. Prologis, Inc. has a fifty-two week low of $100.82 and a fifty-two week high of $135.76. The company has a current ratio of 0.23, a quick ratio of 0.43 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $109.66 billion, a PE ratio of 29.60, a PEG ratio of 2.66 and a beta of 1.10. The company has a 50-day simple moving average of $111.02 and a 200 day simple moving average of $118.33.

Prologis Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were issued a dividend of $0.96 per share. The ex-dividend date was Monday, December 16th. This represents a $3.84 annualized dividend and a dividend yield of 3.24%. Prologis’s dividend payout ratio is 96.00%.

Hedge Funds Weigh In On Prologis

Institutional investors have recently made changes to their positions in the business. ASB Consultores LLC grew its stake in Prologis by 3.7% during the third quarter. ASB Consultores LLC now owns 2,423 shares of the real estate investment trust’s stock worth $306,000 after buying an additional 86 shares during the last quarter. CX Institutional lifted its holdings in Prologis by 2.7% in the third quarter. CX Institutional now owns 3,347 shares of the real estate investment trust’s stock valued at $423,000 after buying an additional 88 shares during the period. Principle Wealth Partners LLC lifted its holdings in Prologis by 2.9% in the fourth quarter. Principle Wealth Partners LLC now owns 3,302 shares of the real estate investment trust’s stock valued at $349,000 after buying an additional 92 shares during the period. DT Investment Partners LLC lifted its holdings in Prologis by 9.8% in the third quarter. DT Investment Partners LLC now owns 1,043 shares of the real estate investment trust’s stock valued at $132,000 after buying an additional 93 shares during the period. Finally, Black Diamond Financial LLC raised its holdings in Prologis by 2.2% in the fourth quarter. Black Diamond Financial LLC now owns 4,246 shares of the real estate investment trust’s stock worth $449,000 after purchasing an additional 93 shares during the period. 93.50% of the stock is currently owned by institutional investors.

Prologis, Inc is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At March 31, 2024, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (115 million square meters) in 19 countries.