The given set of updates encompasses a wide array of information about Prologis (PLD). The majority of the reports indicate that the company has declared a quarterly dividend of $0.96, suggesting a strong yield of 3.6%. Brokers are recommending investment in PLD. The company has also released its Q1 2024 Earnings Call Transcript, providing valuable insight into its performance for the quarter. Furthermore, one of the highlights is that the National Pension Service and the Charles Schwab Investment Management Inc. have decided to invest in Prologis, with the latter having a hefty $1.27 billion stock holdings in the company.
Nevertheless, reports suggest a decrease in the PLD stock by -0.92% and -1.28% on separate occasions. Prologis has also cut its guidance for 2024 while the company's stock fell further than the broader market. It's worth noting that Royal Bank of Canada and Robert W. Baird both reduced their price target for Prologis to $124.00 and $117.00 respectively. Despite some setbacks, there seems to be optimism about the PLD stock being a good long term investment.
Prologis PLD News Analytics from Tue, 18 Jul 2023 07:00:00 GMT to Fri, 10 May 2024 00:19:21 GMT - Rating 0 - Innovation -3 - Information 6 - Rumor 2
