Prologis, Inc. (NYSE:PLD), a leader in logistics real estate, sees notable movements with various investors and asset managers resulting in increased and decreased holdings and stakes. In recent developments,
Kentucky Retirement Systems cut its holdings while
Natixis Advisors LLC and
CIBC Asset Management boosted their positions.
Saudi Arabia's sovereign fund also increased its stake in Prologis during Q3. Other notable acquisitions come from
Victory Capital Management Inc,
Metis Global Partners LLC, and
Waverton Investment Management Ltd. The company, listed as a strategic asset for the AI, growth, and low rates era by
UBS, has announced its inaugural
Supply Chain Intelligence Report. Recently, it has declared a
quarterly dividend and reported strong
Q3 FFO results. Moreover, Prologis has strong corporate support with the promotion of
Ted Eliopoulos as a senior private investment executive. The company's attractiveness as a dividend stock amid AI-tilt and strong leasing activities has further propelled its position. However, multiple sales transactions and overseas divestments, such as those by
Baillie Gifford & Co. and Oversea Chinese Banking Corp Ltd, also took place.
Prologis PLD News Analytics from Wed, 13 Dec 2023 08:00:00 GMT to Sat, 16 Nov 2024 15:03:51 GMT -
Rating 7
- Innovation 5
- Information 9
- Rumor 3
