PrologisPLD
Market Cap: $118B
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
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
28% more call options, than puts
Call options by funds: $316M | Put options by funds: $246M
13% more repeat investments, than reductions
Existing positions increased: 600 | Existing positions reduced: 529
2.01% less ownership
Funds ownership: 94.3% [Q1] → 92.29% (-2.01%) [Q2]
3% less funds holding
Funds holding: 1,450 [Q1] → 1,411 (-39) [Q2]
13% less funds holding in top 10
Funds holding in top 10: 38 [Q1] → 33 (-5) [Q2]
15% less capital invested
Capital invested by funds: $113B [Q1] → $96.5B (-$16.6B) [Q2]
23% less first-time investments, than exits
New positions opened: 132 | Existing positions closed: 171
Research analyst outlook
14 Wall Street Analysts provided 1 year price targets over the past 3 months
14 analyst ratings
Evercore ISI Group Steve Sakwa 66% 1-year accuracy 31 / 47 met price target | 3%downside $124 | In-Line Maintained | 28 Aug 2024 |
Wells Fargo Blaine Heck 20% 1-year accuracy 1 / 5 met price target | 15%upside $146 | Overweight Maintained | 28 Aug 2024 |
Scotiabank Nicholas Yulico 68% 1-year accuracy 15 / 22 met price target | 12%upside $142 | Sector Outperform Maintained | 26 Aug 2024 |
Evercore ISI Group Steve Sakwa 66% 1-year accuracy 31 / 47 met price target | 4%downside $122 | In-Line Maintained | 20 Aug 2024 |
Morgan Stanley Ronald Kamdem 53% 1-year accuracy 8 / 15 met price target | 5%upside $133 | Overweight Maintained | 14 Aug 2024 |
Financial journalist opinion
Based on 20 articles about PLD published over the past 30 days