Prologis PLD has reported mixed results amidst market variances. The
real estate and
realty stock has experienced increased interest from various banks and hedge funds, with significant share purchases reported by
Zurcher Kantonalbank Zurich Cantonalbank and
BNP Paribas. Despite market dips, Prologis has shown resilience, even outperforming the market on certain days. However, the stock also saw share sales by Fmr LLC and MetLife Investment Management. PLD has made
UBS’ list of Stocks for the AI, Growth & Low Rates Era,
Prologis' Q3 earnings have surpassed estimates, and the company declared a
quarterly dividend. Several pension investment boards and wealth management firms have bolstered their holdings in Prologis. Prologis’ EBITDA per share was reported at
$7.10 TTM as of Sep. 2024. Prologis has been deemed a
‘Forever Stock’ and is well-positioned for strong leasing activity despite market challenges. The company showed a commitment to the Mexican industrial market. Prologis has also begun exploring AI applications, and its Board of Directors have approved a
10 percent increase in the quarterly common stock dividend.
Prologis PLD News Analytics from Wed, 17 Jan 2024 08:00:00 GMT to Fri, 29 Nov 2024 16:41:26 GMT -
Rating 3
- Innovation 2
- Information 7
- Rumor -4
