ProLogis, Inc. (NYSE:PLD).
Gateway Investment Advisers LLC reports that it lowered its stake in ProLogis, Inc. by 1,182 shares in its quarterly SEC filing. Its position was worth $1,918,000 an increase of 9.1% as of the end of the quarter.
Here are a few additional firms who have increased or decreased their stake in (PLD). Capital Investment Advisors, LLC reduced its holdings by shedding 250 shares a decrease of 4.4% in the quarter. Capital Investment Advisors, LLC currently owns 5,375 shares valued at $315,000. The total value of its holdings increased 7.9%. Capstone Asset Management Co cut its investment by selling 4 shares a decrease of 0.0% as of 06/30/2017. Capstone Asset Management Co now controls 60,016 shares worth $3,519,000. The value of the position overall is up by 13.0%.
Bkd Wealth Advisors, LLC augmented its ownership by buying 77 shares an increase of 1.3% from 03/31/2017 to 06/30/2017. Bkd Wealth Advisors, LLC controls 6,091 shares with a value of $357,000. The value of the position overall is up by 14.4%.
On June 23, 2017 the stock rating was changed to a “Buy” in a report from Bank of America which is up from the previous “” rating. On November 28 the company was upgraded from “Outperform” to “Outperform” by Baird.
On October 18 the stock rating was upgraded to “Equal-Weight” from “” in a report from Evercore ISI Group. On October 17 the company was upgraded to “Buy” from “Equal-weight” and a price target of $60.00 was set in a statement from Capital One Financial.
Equity analyst BTIG Research initiated coverage giving it an initial rating of “Buy” and establishing a price target of $60.00. July 19 investment analysts at Barclays held the stock rating at “Overweight” and moved up the price target to $58.00 from $53.00.
In the market the company is trading up by 1.44 percent from yesterday’s close. Additionally ProLogis, Inc. announced a dividend paid on Friday June 30th, 2017. The dividend payment was $0.440 per share for the quarter or $1.76 annualized. This dividend represents a yeild of $3.05 which is the dividend as a percentage of the current share price. The ex-dividend date was set for Monday the 12th of June 2017.
It is currently trading at $57.76 just a bit higher than the 50 day moving average of $56.72 and a tad higher than the 200 day moving average of $53.15. The 50 day moving average went up $0.99 or +1.74% whereas the 200 day moving average was up $4.56 or +8.58%.
The P/E ratio is 25.63 and the market value is 30.60B. In the last earnings report the EPS was $2.25 and is expected to be $-0.27 for the current year with 530,315,000 shares presently outstanding. Analysts expect next quarter’s EPS will be $0.31 with next year’s EPS projected to be $1.34.