PrologisPLD
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 Q3 regulatory filings by fund managers ($100M+ AUM)
24% more repeat investments, than reductions
Existing positions increased: 616 | Existing positions reduced: 496
21% more first-time investments, than exits
New positions opened: 154 | Existing positions closed: 127
8% more capital invested
Capital invested by funds: $98.9B [Q2] → $107B (+$8.22B) [Q3]
2% more funds holding
Funds holding: 1,422 [Q2] → 1,449 (+27) [Q3]
7% more call options, than puts
Call options by funds: $373M | Put options by funds: $350M
2.74% less ownership
Funds ownership: 94.52% [Q2] → 91.77% (-2.74%) [Q3]
3% less funds holding in top 10
Funds holding in top 10: 33 [Q2] → 32 (-1) [Q3]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Scotiabank Nicholas Yulico 56% 1-year accuracy 18 / 32 met price target | 20%upside $136 | Sector Outperform Maintained | 25 Oct 2024 |
JP Morgan Michael Mueller 72% 1-year accuracy 13 / 18 met price target | 16%upside $131 | Overweight Maintained | 21 Oct 2024 |
Goldman Sachs Caitlin Burrows 40% 1-year accuracy 12 / 30 met price target | 16%upside $132 | Neutral Downgraded | 21 Oct 2024 |
Barclays Anthony Powell 56% 1-year accuracy 15 / 27 met price target | 16%upside $131 | Overweight Maintained | 10 Oct 2024 |
Evercore ISI Group Steve Sakwa 53% 1-year accuracy 31 / 59 met price target | 13%upside $128 | In-Line Maintained | 16 Sept 2024 |
Financial journalist opinion
Based on 10 articles about PLD published over the past 30 days