Castle Hook Partners LP Invests $73.04 Million in Prologis, Inc. $PLD

18 Jun 2026, 09:32 by Kim Johansen · The Markets Daily

Castle Hook Partners LP purchased a new position in shares of Prologis, Inc. (NYSE:PLD – Free Report) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 572,165 shares of the real estate investment trust’s stock, valued at approximately $73,043,000. Prologis makes up approximately 0.3% of Castle Hook Partners LP’s portfolio, making the stock its 28th biggest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. High Note Wealth LLC grew its position in shares of Prologis by 43.9% during the 4th quarter. High Note Wealth LLC now owns 249 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 76 shares in the last quarter. Dakota Community Bank & Trust NA boosted its position in Prologis by 3.4% during the fourth quarter. Dakota Community Bank & Trust NA now owns 2,398 shares of the real estate investment trust’s stock valued at $306,000 after purchasing an additional 79 shares in the last quarter. Dearborn Partners LLC boosted its position in Prologis by 4.2% during the fourth quarter. Dearborn Partners LLC now owns 1,969 shares of the real estate investment trust’s stock valued at $251,000 after purchasing an additional 79 shares in the last quarter. Peddock Capital Advisors LLC boosted its position in Prologis by 3.1% during the fourth quarter. Peddock Capital Advisors LLC now owns 2,651 shares of the real estate investment trust’s stock valued at $338,000 after purchasing an additional 80 shares in the last quarter. Finally, Foster Dykema Cabot & Partners LLC boosted its position in Prologis by 1.0% during the third quarter. Foster Dykema Cabot & Partners LLC now owns 8,232 shares of the real estate investment trust’s stock valued at $943,000 after purchasing an additional 83 shares in the last quarter. Institutional investors own 93.50% of the company’s stock.

Prologis Trading Down 3.6%

Shares of NYSE:PLD opened at $140.83 on Thursday. The business has a 50-day moving average price of $142.69 and a 200-day moving average price of $135.94. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.60. The stock has a market cap of $131.30 billion, a price-to-earnings ratio of 35.47, a PEG ratio of 3.21 and a beta of 1.32. Prologis, Inc. has a 52-week low of $103.41 and a 52-week high of $150.18.

Prologis (NYSE:PLD – Get Free Report) last announced its quarterly earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.24. Prologis had a net margin of 41.54% and a return on equity of 6.47%. The firm had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same period in the prior year, the firm posted $1.43 earnings per share. The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. Equities analysts predict that Prologis, Inc. will post 6.18 EPS for the current year.

Prologis Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th will be paid a $1.07 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $4.28 dividend on an annualized basis and a yield of 3.0%. Prologis’s dividend payout ratio (DPR) is currently 107.81%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. JPMorgan Chase & Co. raised their price target on Prologis from $141.00 to $157.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Citigroup raised their price target on Prologis from $145.00 to $165.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Scotiabank raised their price target on Prologis from $146.00 to $154.00 and gave the stock an “outperform” rating in a report on Tuesday, April 21st. DA Davidson raised their price target on Prologis from $140.00 to $160.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Finally, Evercore set a $135.00 price target on Prologis in a report on Friday, April 17th. Sixteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $151.86.

Get Our Latest Stock Report on PLD

Insider Transactions at Prologis

In related news, CFO Timothy D. 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.52% of the company’s stock.

About Prologis

(Free Report)

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.