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

Posted by Brian Himes on Jun 18th, 2026

Prologis logo Castle Hook Partners LP purchased a new position in Prologis, Inc. (NYSE:PLD – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 572,165 shares of the real estate investment trust’s stock, valued at approximately $73,043,000. Prologis comprises about 0.3% of Castle Hook Partners LP’s investment portfolio, making the stock its 28th biggest holding. Castle Hook Partners LP owned 0.06% of Prologis as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. High Point Wealth Management LLC purchased a new position in Prologis in the 4th quarter worth about $26,000. Ares Financial Consulting LLC purchased a new stake in shares of Prologis during the 4th quarter valued at about $26,000. Eagle Bay Advisors LLC purchased a new stake in shares of Prologis during the 4th quarter valued at about $27,000. SouthState Bank Corp increased its position in shares of Prologis by 73.1% during the 4th quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 95 shares during the last quarter. Finally, Hilton Head Capital Partners LLC purchased a new stake in shares of Prologis during the 4th quarter valued at about $29,000. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Prologis Trading Down 3.6%

PLD stock opened at $140.83 on Thursday. Prologis, Inc. has a 1-year low of $103.41 and a 1-year high of $150.18. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.51 and a quick ratio of 0.51. The company has a market capitalization of $131.30 billion, a price-to-earnings ratio of 35.47, a PEG ratio of 3.21 and a beta of 1.32. The business has a 50 day simple moving average of $142.69 and a two-hundred day simple moving average of $135.94.

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

Prologis Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be issued a dividend of $1.07 per share. This represents a $4.28 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Tuesday, June 16th. Prologis’s dividend payout ratio is 107.81%.

Insider Activity

In other news, CFO Timothy D. Arndt sold 3,597 shares of the company’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 SEC, which can be accessed through the SEC website. 0.52% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research firms have recently commented on PLD. JPMorgan Chase & Co. upped their price target on shares of Prologis from $141.00 to $157.00 and gave the company an “overweight” rating in a research report on Tuesday, April 21st. BMO Capital Markets raised shares of Prologis from a “market perform” rating to an “outperform” rating and upped their price target for the company from $137.00 to $162.00 in a research report on Thursday, May 7th. Scotiabank upped their price target on shares of Prologis from $146.00 to $154.00 and gave the company an “outperform” rating in a research report on Tuesday, April 21st. Wells Fargo & Company upped their price target on shares of Prologis from $155.00 to $167.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Finally, BNP Paribas Exane upped their price target on shares of Prologis from $140.00 to $150.00 and gave the company an “outperform” rating in a research report on Friday, April 17th. Sixteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $151.86.

Get Our Latest Research Report on Prologis

Prologis Company Profile

(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.

With a global presence, Prologis serves customers across the Americas, Europe and Asia Pacific.