PLD stock icon

Prologis
PLD

$109.83
1.61%
 

About: Prologis was formed by the June 2011 merger of AMB Property and Prologis Trust. The company develops, acquires, and operates around 1.2 billion square feet of high-quality industrial and logistics facilities across the globe. The company also has a strategic capital business segment that has around $60 billion of third-party AUM. The company is organized into four global divisions (Americas, Europe, Asia, and other Americas) and operates as a real estate investment trust.

Employees: 2,574

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 20 analysts
0
News positive %
of 21 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

35% more call options, than puts

Call options by funds: $251M | Put options by funds: $186M

25% more repeat investments, than reductions

Existing positions increased: 615 | Existing positions reduced: 493

1% less funds holding

Funds holding: 1,435 [Q4 2023] → 1,424 (-11) [Q1 2024]

0.94% less ownership

Funds ownership: 93.16% [Q4 2023] → 92.22% (-0.94%) [Q1 2024]

4% less capital invested

Capital invested by funds: $115B [Q4 2023] → $111B (-$4.07B) [Q1 2024]

8% less first-time investments, than exits

New positions opened: 127 | Existing positions closed: 138

14% less funds holding in top 10

Funds holding in top 10: 44 [Q4 2023] → 38 (-6) [Q1 2024]

Research analyst outlook

20 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$112
2%
upside
Avg. target
$131
19%
upside
High target
$145
32%
upside

20 analyst ratings

12 positive
60%
neutral
40%
negative
0%
Mizuho
Vikram Malhotra
9%upside
$120
Neutral
Maintained
31 May 2024
Scotiabank
Nicholas Yulico
18%upside
$130
Sector Outperform
Maintained
16 May 2024
RBC Capital
Michael Carroll
13%upside
$124
Outperform
Maintained
6 May 2024
Baird
David Rodgers
7%upside
$117
Neutral
Maintained
1 May 2024
Barclays
Anthony Powell
12%upside
$123
Overweight
Maintained
29 Apr 2024

Financial journalist opinion

Based on 21 articles about PLD published over the past 30 days