Prologis
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 6,809 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
50% more first-time investments, than exits
New positions opened: 157 | Existing positions closed: 105
24% more repeat investments, than reductions
Existing positions increased: 625 | Existing positions reduced: 505
9% more capital invested
Capital invested by funds: $98.9B [Q2] → $107B (+$8.41B) [Q3]
4% more funds holding
Funds holding: 1,423 [Q2] → 1,475 (+52) [Q3]
7% more call options, than puts
Call options by funds: $373M | Put options by funds: $350M
2.6% less ownership
Funds ownership: 94.53% [Q2] → 91.92% (-2.6%) [Q3]
3% less funds holding in top 10
Funds holding in top 10: 33 [Q2] → 32 (-1) [Q3]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$104
1%
upside
Avg. target
$127
23%
upside
High target
$134
30%
upside
7 analyst ratings
5 positive
71%
1 neutral
14%
1 negative
14%
Raymond James William Crow 0% 1-year accuracy 0 / 8 met price target | 21%upside $125 | Outperform Downgraded | 11 Dec 2024 |
BMO Capital John Kim 71% 1-year accuracy 12 / 17 met price target | 1%upside $104 | Underperform Downgraded | 6 Dec 2024 |
Truist Securities Ki Bin Kim 48% 1-year accuracy 19 / 40 met price target | 28%upside $132 | Buy Maintained | 5 Dec 2024 |
Scotiabank Nicholas Yulico 43% 1-year accuracy 15 / 35 met price target | 30%upside $134 | Sector Outperform Maintained | 4 Dec 2024 |
Barclays Anthony Powell 48% 1-year accuracy 14 / 29 met price target | 28%upside $132 | Overweight Maintained | 18 Nov 2024 |
Financial journalist opinion
Based on 27 articles about PLD published over the past 30 days
Positive
Seeking Alpha
8 hours ago
Prologis: Buy The Best At A Bargain
Following market trends can be profitable, but sector rotations in real estate show the importance of timing and adaptability. Prologis is a major REIT in industrial real estate, facing challenges due to slowed demand and increased vacancies, yet still offers growth potential. Industrial real estate demand has normalized post-pandemic, leading to higher vacancies and slower rent growth, but future demand may stabilize as deliveries slow.
Negative
Seeking Alpha
1 day ago
Buckle Up Buttercup: My Warning To Dividend Investors
The Fed's recent rate cut and upward revision of future rate expectations confirm my concerns about persistent above-average inflation and geopolitical risks. Market volatility has increased, signaling a growing acceptance of "higher for longer" rates, impacting long-term borrowing costs and economic stability. Despite economic uncertainty, I see opportunities for prudent investors and will provide more investment ideas in the coming days and months. Stay tuned!
Positive
Seeking Alpha
2 days ago
Of 63 Fortune500 Industry Leaders, 57 Pay Dividends, 38 Test 'Safer' & 1 Is Ideal To Buy
The June/July, 2024 Fortune Magazine revealed 500 biggest U.S. companies by-revenue and profits. Arnold-research focused on 66 December industry-leaders using YCharts 12/13/24 data for Profits from 63. Those 63 Fortune 500 industry leaders (F500IL) were segmented into 21 business sectors ranging (alphabetically) from aerospace/defense to wholesalers. By yield, MO topped-all F500IL. Top-ten Yields from PEP, PLD, SO, XOM, ADM, T, UPS, CVS, ET, & MO, averaged 4.71% in December.
Neutral
Seeking Alpha
3 days ago
Why The Market May Get Turned Upside Down In 2025
AI stocks have dominated the market in 2024, dragging the S&P 500 higher with them. I think the market may get turned upside down in 2025. I share why and also share some of my top picks for the new year.
Negative
Zacks Investment Research
3 days ago
Prologis (PLD) Flat As Market Sinks: What You Should Know
Prologis (PLD) reachead $108.87 at the closing of the latest trading day, reflecting no change compared to its last close.
Neutral
PRNewsWire
3 days ago
Prologis to Announce Fourth Quarter 2024 Results January 21st
SAN FRANCISCO , Dec. 17, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, will host a webcast and conference call with senior management to discuss fourth quarter results, current market conditions and future outlook on Tuesday, January 21, 2025, at 9:00 a.m. PT/12:00 p.m.
Positive
Seeking Alpha
1 week ago
3 REITs I'll Possibly Own Forever
REITs have faced challenges like high inflation, rising interest rates, and the global pandemic, but conditions are improving, providing a tailwind for the sector. Realty Income, despite recent performance issues, remains undervalued with a strong portfolio and a 5.7% dividend yield, making it a compelling investment. Agree Realty has outperformed recently, with a high-quality tenant base and a 4.1% dividend yield, though its valuation is less attractive than Realty Income.
Positive
Zacks Investment Research
1 week ago
Here's Why You Should Hold Prologis Stock in Your Portfolio
PLD is set to gain from its strategically located distribution facilities and solid balance sheet despite subdued demand and high interest expenses.
Neutral
Zacks Investment Research
1 week ago
Prologis Sells Chicago-Based Data Center Development to HMC Capital
PLD announces the sale of data center development to HMC Capital in Chicago.
Neutral
Seeking Alpha
1 week ago
Down But Not Out - 2 Of My Favorite Dividend Picks For 2025
In 2025, dividend investors need to focus on stocks that can thrive even in uncertain markets. Look for companies with a proven track record of resilience. While many stocks face challenges, the right dividend picks can weather short-term volatility and deliver steady returns for the long haul. In this article, I reveal two of my favorite dividend stocks for 2025 - picks that combine growth potential and reliable income for years to come.
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