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Wealthfront Advisers LLC Has $9.56 Million Stake in Prologis, Inc. $PLD
Wealthfront Advisers LLC significantly increased its stake in Prologis, Inc. (NYSE:PLD) by 31.7% in the third quarter, bringing its total holdings to 83,473 shares valued at approximately $9.56 million. Prologis reported strong quarterly earnings and revenue, exceeding estimates, and provided positive FY2026 guidance. Despite a high payout ratio, institutional investors hold a substantial portion of the company’s stock, and analysts maintain a “Moderate Buy” rating with an average price target of $135.32.