PrologisPLD
PLD
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 6,823 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
80% more first-time investments, than exits
New positions opened: 157 | Existing positions closed: 87
24% more repeat investments, than reductions
Existing positions increased: 625 | Existing positions reduced: 505
8% more capital invested
Capital invested by funds: $103B [Q2] → $111B (+$8.34B) [Q3]
4% more funds holding
Funds holding: 1,423 [Q2] → 1,475 (+52) [Q3]
7% more call options, than puts
Call options by funds: $380M | Put options by funds: $353M
3% less funds holding in top 10
Funds holding in top 10: 33 [Q2] → 32 (-1) [Q3]
3.07% less ownership
Funds ownership: 98.22% [Q2] → 95.15% (-3.07%) [Q3]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$104
12%
downside
Avg. target
$124
4%
upside
High target
$134
13%
upside
7 analyst ratings
5 positive
71%
1 neutral
14%
1 negative
14%
Mizuho Vikram Malhotra 75% 1-year accuracy 6 / 8 met price target | 1%downside $117 | Neutral Maintained | 8 Jan 2025 |
Baird David Rodgers 60% 1-year accuracy 15 / 25 met price target | 4%upside $123 | Outperform Upgraded | 6 Jan 2025 |
Raymond James William Crow 14% 1-year accuracy 1 / 7 met price target | 5%upside $125 | Outperform Downgraded | 11 Dec 2024 |
BMO Capital John Kim 63% 1-year accuracy 10 / 16 met price target | 12%downside $104 | Underperform Downgraded | 6 Dec 2024 |
Truist Securities Ki Bin Kim 50% 1-year accuracy 15 / 30 met price target | 11%upside $132 | Buy Maintained | 5 Dec 2024 |
Financial journalist opinion
Based on 35 articles about PLD published over the past 30 days
Positive
The Motley Fool
11 hours ago
Why Prologis Stock Was a Winner on Thursday
On the back of a solid quarterly earnings report at the start of the week, the upward momentum of Prologis (PLD 2.96%) stock continued through Thursday's trading session. This was helped by a price target raise by one of the analysts tracking the big real estate company; as a result, Prologis's share price closed the day 3% higher.
Neutral
Zacks Investment Research
18 hours ago
Is Prologis Stock a Smart Hold for Your Portfolio Now?
PLD is poised to benefit from its strategically located distribution facilities and solid balance sheet, though subdued demand and high-interest expenses remain concerns.
Positive
MarketBeat
20 hours ago
Momentum Builders: 3 Stocks Positioned to Shine This Quarter
Now that the first quarter of the new year is underway, investors might look for the best potential plays in the stock market. Having the confidence and financial momentum to start the year can give portfolios the room—and safety—to look for exposure to the more aggressive growth plays later in the year.
Positive
Zacks Investment Research
1 day ago
Prologis' Q4 FFO Surpasses Estimates, Rental Revenues Improve
PLD's Q4 results reflect a year-over-year rise in rental and strategic capital revenues.
Positive
The Motley Fool
1 day ago
5 Reasons to Buy This Beaten-Down Industry Leader Right Now -- and 1 Big Reason to Be Cautious
With shares down by about 37% from the 2022 peak and about 20% from the 52-week high, Prologis (PLD -0.90%) could be an excellent long-term investment opportunity. And there are several good reasons you might want to take a closer look right now.
Positive
Seeking Alpha
1 day ago
Become A 'Mission Critical' AI Landlord And Sleep Well At Night
Data center REITs have become the largest property sector, driven by AI demand and digital technology proliferation, making them core positions in market cap weighted ETFs. Digital Realty and Equinix are leading data center REITs with strong balance sheets, diversified customer bases, and robust growth prospects, though current valuations suggest waiting for better entry points. Other investment options include Iron Mountain, American Tower, and COPT Defense Properties, all benefiting from the growing need for data center capacity and offering attractive dividend yields.
Neutral
The Motley Fool
2 days ago
This Magnificent Dividend Stock Sees a Bright Future in 2025 and Beyond
Last year was a more challenging period for the industrial real estate sector and its leader, Prologis (PLD 7.12%). Demand for warehouse space cooled off due to concerns about the election and the economy.
Neutral
Seeking Alpha
2 days ago
Prologis, Inc. (PLD) Q4 2024 Earnings Call Transcript
Prologis, Inc. (NYSE:PLD ) Q4 2024 Earnings Conference Call January 21, 2025 12:00 PM ET Company Participants Justin Meng - Senior Vice President and Head of Investor Relations Tim Arndt - Chief Financial Officer Hamid Moghadam - Co-Founder, Chairman and CEO Dan Letter - President Chris Caton - Managing Director of Global Strategy and Analytics Conference Call Participants Ki Bin Kim - Truist Securities Samir Khanal - Evercore ISI Vikram Malhotra - Mizuho Ronald Kamdem - Morgan Stanley Michael Goldsmith - UBS Craig Mailman - Citi Caitlin Burrows - Goldman Sachs Nicholas Yulico - Scotiabank Vince Tibone - Green Street Blaine Heck - Wells Fargo Tom Catherwood - BTIG Nick Thillman - Robert W. Baird & Co. Michael Mueller - JPMorgan Jeff Spector - Bank of America Merrill Lynch Brendan Lynch - Barclays Michael Carroll - RBC Capital Markets John Kim - BMO Capital Markets Todd Thomas - KeyBanc Capital Markets Operator Greetings, and welcome to the Prologis Fourth Quarter 2024 Earnings Conference Call.
Neutral
CNBC Television
2 days ago
Committee stocks on the move: 3M, D.R. Horton, Charles Schwab, Prologis and Fifth Third
The Investment Committee discuss how to trade some of their stocks on the move today.
Positive
Zacks Investment Research
2 days ago
Prologis' Q4 FFO Beat Estimates, Rental Revenues Rise Y/Y
PLD's Q4 FFO beat estimates, benefiting from a rise in rental revenues and healthy leasing activity. However, high interest expenses are a concern.
Charts implemented using Lightweight Charts™