Prologis, a real estate stock, is in the headlines for its performance, with an array of discussions from retirement of senior figures to the bio-tech market's assessment. The company's been a focal point for
Westwood Holdings Group Inc,
Envestnet Asset Management Inc,
Capital World Investors, and
Lasalle Investment Management Securities LLC with proclamations of surge in their holdings of
Prologis.
Lake Street Advisors Group LLC too started its investment worth $966,000 in Prologis.
Megan Creecy-Herman,
Gene Reilly,
Hamid Jamadon and
Forrest Etter, all key people from the company have been featured often.
PLD has seen fluctuations in its stock value with mild falls reported ending in lowering its rating to 'hold' by expert platforms. The company also made strategic moves, such as launching a new EV truck charging depot in partnership with performance team – A Maersk company. There were also reports of
Prologis aggressively retiring its business strategies towards AI, noting a brighter future and positive rent growth over the next three years. Prologis, however, trimmed its 2024 guidance and faced a reduction in dividend yield, citing the weight of interest rates causing it to reduce core FFO projections.
Prologis PLD News Analytics from Tue, 18 Jul 2023 07:00:00 GMT to Sun, 09 Jun 2024 14:02:33 GMT -
Rating 5
- Innovation 4
- Information 7
- Rumor -6
