Prologis INC (PLD) Shareholder Resolution Capital LTD Decreased Stake

April 16, 2018 - By Mary Markley

Prologis, Inc. (NYSE:PLD) Corporate LogoBig Money Sentiment increased to 1.22 in Q4 2017. It has change of 0.06, from 2017Q3’s 1.16. The ratio improved due to PLD positioning: 36 sold and 168 reduced. 60 funds bought holdings and 189 increased holdings. Investors holded 495.40 million in 2017Q3 but now own 494.61 million shares or 0.16% less. American Natl Registered Invest Advisor Inc reported 13,055 shs. Commerce Bancorporation reported 3,867 shs. Shell Asset Mngmt owns 161,913 shs. Nomura Holdings accumulated 36,552 shs. Duff & Phelps Mngmt stated it has 2.14M shs. Century Companies Incorporated holds 2.20M shs or 0.14% of its capital. Retail Bank Of Hawaii has invested 0.08% in Prologis, Inc. (NYSE:PLD). Bessemer Grp Incorporated has 811 shs for 0% of their capital. Envestnet Asset Management Incorporated owns 0.01% invested in Prologis, Inc. (NYSE:PLD) for 80,935 shs. California State Teachers Retirement System stated it has 921,407 shs or 0.12% of all its holdings. Clarivest Asset Mngmt Lc invested in 4,044 shs or 0% of the stock. Convergence Invest Prtnrs Lc has 24,457 shs for 0.21% of their capital. Moreover, Quadrant Capital Mgmt Ltd Liability Company has 1.02% invested in Prologis, Inc. (NYSE:PLD). Kentucky Retirement System accumulated 32,812 shs or 0.15% of the stock. Swiss National Bank & Trust accumulated 0.14% or 1.96M shs.

Based on the latest 2017Q4 regulatory filing with the SEC, Resolution Capital Ltd decreased its holdings in Prologis Inc (PLD) by 5.34%. 160,141 shares were sold by Resolution Capital Ltd as the company’s stock declined 2.80% with the market. The consumer services company reported $183.10 million value for the 2017Q4. Now the institutional investor is holding 2.84 million shares, compared to the 3.00M from the previous quarter. $33.79 billion is Prologis Inc’s market cap. Its shares touched $62.6 on during the last trading session after 0.55% change.Currently Prologis, Inc. is uptrending after 24.40% change in last April 16, 2017. PLD has 2.36 million shares volume. PLD outperformed the S&P500 by 12.85%.

The Resolution Capital Ltd’s stake in Boston Properties Inc (NYSE:BXP) was rose by 254,092 shares to 505,898 shares valued at $65.78 million in 2017Q4, according to the filing. It operates about $2.93 billion and $2.24 billion US Long portfolio. For a total of 8.40 million shares it increased its holding in Diamondrock Hospitality Co (NYSE:DRH) by 1.16M shares in the quarter, and has risen its stake in Simon Ppty Group Inc New (NYSE:SPG).

Analysts await Prologis, Inc. (NYSE:PLD) to report earnings on April, 17. They expect $0.74 EPS, up 17.46 % or $0.11 from last year’s $0.63 per share. PLD’s profit will be $399.40M for 21.15 P/E if the $0.74 EPS becomes a reality. After $0.67 actual EPS reported by Prologis, Inc. for the previous quarter, Wall Street now forecasts 10.45 % EPS growth.

Prologis, Inc. (NYSE:PLD) Ratings Coverage

In total 14 analysts cover Prologis (NYSE:PLD). “Buy” rating has 13, “Sell” are 0, while 1 are “Hold”. 93% are bullish. 21 are the (NYSE:PLD)’s analyst reports since October 17, 2017 according to StockzIntelligence Inc. In Wednesday, January 24 report Robert W. Baird maintained it with “Outperform” rating and $70 target. On Friday, April 6 the company was upgraded by Citigroup. On Friday, November 17 the firm has “Buy” rating given by SunTrust. On Thursday, October 19 the stock of Prologis, Inc. (NYSE:PLD) earned “Neutral” rating by Citigroup. On Monday, October 30 the company was maintained by Jefferies. In Monday, December 4 report Evercore upgraded the stock to “Outperform” rating. On Tuesday, March 27 the stock of Prologis, Inc. (NYSE:PLD) earned “Overweight” rating by JP Morgan. On Tuesday, March 27 the stock of Prologis, Inc. (NYSE:PLD) earned “Buy” rating by J.P. Morgan. On Thursday, October 26 Wells Fargo maintained Prologis, Inc. (NYSE:PLD) with “Hold” rating. On Wednesday, October 25 the firm earned “Buy” rating by Bank of America.

Prologis, Inc. (NYSE:PLD) Analyst Ratings Chart

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