Arkadios Wealth Advisors Raises Holdings in Prologis, Inc. (NYSE:PLD) Arkadios Wealth Advisors increased its holdings in Prologis, Inc. by 28.3% in the first quarter, now owning 17,800 shares valued at approximately $1,990,000. Prologis reported earnings of $1.46 per share for the quarter, beating analysts' expectations of $1.41 per share. The company's quarterly revenue was $2.03 billion, which was up 8.8% year-over-year. Prologis recently declared a quarterly dividend of $1.01 per share, representing an annualized dividend of $4.04 and an annual yield of 3.9%. Prologis's dividend payout ratio is currently 109.49%. Several analysts have adjusted their price targets and ratings for Prologis, Inc. Evercore ISI reduced their target price from $111.00 to $106.00, and set an 'in-line' rating. Barclays cut their target price from $132.00 to $119.00, with an 'overweight' rating. Wolfe Research downgraded Prologis from 'outperform' to 'peer perform', and Mizuho set a 'neutral' rating. Analysts currently give Prologis an average rating of 'Moderate Buy' with an average price target of $120.74.

Prologis, Inc. (NYSE:PLD) Shares Purchased by Arkadios Wealth Advisors

Arkadios Wealth Advisors increased its holdings in Prologis, Inc. by 28.3% in the first quarter, now owning 17,800 shares valued at approximately $1,990,000. Prologis reported earnings of $1.46 per share, exceeding expectations, with $2.03 billion in revenue up 8.8% year-over-year. The company declared a $1.01 quarterly dividend, and analysts adjusted ratings and price targets for Prologis, Inc.