Prologis INC (PLD) Market Value Rose While Security Capital Research & Management INC Decreased Holding by $14.54 Million

February 21, 2018 - By Ellis Scott

Investors sentiment decreased to 1.16 in Q3 2017. Its down 0.10, from 1.26 in 2017Q2. It fall, as 33 investors sold PLD shares while 175 reduced holdings. 66 funds opened positions while 176 raised stakes. 495.40 million shares or 0.93% less from 500.06 million shares in 2017Q2 were reported. Lmr Prtn Ltd Liability Partnership invested in 0.19% or 27,018 shares. Fifth Third National Bank holds 0.08% in Prologis, Inc. (NYSE:PLD) or 180,324 shares. Pinnacle Associate Limited invested in 0.07% or 63,977 shares. Macquarie Group Inc reported 976,800 shares. Gemmer Asset accumulated 0.01% or 246 shares. Lombard Odier Asset Mgmt (Europe) Ltd owns 0.02% invested in Prologis, Inc. (NYSE:PLD) for 6,748 shares. 1.01 million are owned by Eagle Asset Mgmt. Pax Mngmt Limited Liability Com reported 233,000 shares. Mutual Of America Capital Mngmt owns 117,155 shares. Comerica Bankshares invested in 0.11% or 234,939 shares. Susquehanna Intll Limited Liability Partnership accumulated 53,800 shares or 0% of the stock. Reilly Advsr Lc holds 750 shares. Capital Ltd Company owns 5,376 shares. Commerzbank Aktiengesellschaft Fi holds 0% or 3,893 shares. Northern Trust Corporation holds 0.14% of its portfolio in Prologis, Inc. (NYSE:PLD) for 8.75 million shares.

Security Capital Research & Management Inc decreased its stake in Prologis Inc (PLD) by 8.97% based on its latest 2017Q3 regulatory filing with the SEC. Security Capital Research & Management Inc sold 230,733 shares as the company’s stock rose 10.06% with the market. The institutional investor held 2.34 million shares of the consumer services company at the end of 2017Q3, valued at $148.52 million, down from 2.57 million at the end of the previous reported quarter. Security Capital Research & Management Inc who had been investing in Prologis Inc for a number of months, seems to be less bullish one the $33.01 billion market cap company. The stock decreased 0.10% or $0.06 during the last trading session, reaching $61.17. About 1.29M shares traded. Prologis, Inc. (NYSE:PLD) has risen 18.74% since February 21, 2017 and is uptrending. It has outperformed by 2.04% the S&P500.

Security Capital Research & Management Inc, which manages about $3.91B and $3.20 billion US Long portfolio, upped its stake in Vornado Rlty Tr (NYSE:VNO) by 79,835 shares to 1.49 million shares, valued at $114.76M in 2017Q3, according to the filing. It also increased its holding in Life Storage Inc by 732,900 shares in the quarter, for a total of 3.68 million shares, and has risen its stake in Kilroy Rlty Corp (NYSE:KRC).

Analysts await Prologis, Inc. (NYSE:PLD) to report earnings on April, 17. They expect $0.74 earnings per share, up 17.46 % or $0.11 from last year’s $0.63 per share. PLD’s profit will be $399.38 million for 20.67 P/E if the $0.74 EPS becomes a reality. After $0.67 actual earnings per share reported by Prologis, Inc. for the previous quarter, Wall Street now forecasts 10.45 % EPS growth.

Prologis, Inc. (NYSE:PLD) Ratings Coverage

Among 26 analysts covering Prologis (NYSE:PLD), 14 have Buy rating, 1 Sell and 11 Hold. Therefore 54% are positive. Prologis had 69 analyst reports since July 22, 2015 according to SRatingsIntel. Deutsche Bank downgraded Prologis, Inc. (NYSE:PLD) on Tuesday, June 21 to “Hold” rating. The stock of Prologis, Inc. (NYSE:PLD) has “Neutral” rating given on Friday, June 24 by Bank of America. The rating was upgraded by Stifel Nicolaus to “Buy” on Wednesday, September 9. Stifel Nicolaus maintained the shares of PLD in report on Tuesday, October 17 with “Buy” rating. The company was downgraded on Monday, November 30 by Wells Fargo. The rating was initiated by Jefferies with “Hold” on Friday, January 22. The stock of Prologis, Inc. (NYSE:PLD) has “Hold” rating given on Monday, July 17 by Jefferies. The firm earned “Buy” rating on Thursday, September 28 by KeyBanc Capital Markets. The firm earned “Outperform” rating on Monday, December 4 by Evercore. The stock has “Sell” rating by Goldman Sachs on Monday, December 14.

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