Prologis, Inc. $PLD Stock Position Increased by Merit Financial Group LLC

Merit Financial Group LLC increased its stake in Prologis, Inc. (NYSE:PLD) by 38.2% in the fourth quarter, acquiring an additional 8,240 shares to hold a total of 29,835 shares valued at approximately $3.81 million. Prologis recently exceeded Q1 expectations with a reported EPS of $1.05 and $2.30 billion in revenue, also raising its quarterly dividend to $1.07 per share. Despite positive earnings and analyst upgrades, some experts caution about the company’s dividend payout ratio and capital intensity concerns related to its data-center expansion.

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