Prologis recently delivered its Q1 2025 earnings conference call, in addition to its Q4 2024 results and financial reports for the entire 2024 fiscal year. This was followed by several high-reputation asset and fund management firms adjusting their positions in the company. Valeo Financial Advisors LLC added 2,862,183 shares to their portfolio while Beacon Pointe Advisors LLC, Prosperity Consulting Group LLC, and Voya Investment Management LLC lessened their stock position in Prologis. Meanwhile, new investments were made by Headland Capital LLC and Susquehanna Fundamental Investments LLC. Its share price target was modified by RBC Capital and Truist, due to their FFO estimates. Firm leadership changes are ongoing. Moving forward, Prologis has scheduled their participation in industry conferences and also reported a Q1 revenue growth to US$2,140 Million. Prologis saw a 7% quarterly dip, attributed to CEO retirement news. Despite market volatility, the Prologis stock has delivered strong performance, exceeding market returns in several instances with recommendations for holding the stock. There are indications of a management transition with the appointment of Ted Eliopoulos as a senior private investment executive. Finally, Prologis remains committed to its 2025 outlook, despite cautious customer behavior.
Prologis PLD News Analytics from Wed, 17 Jul 2024 07:00:00 GMT to Sat, 03 May 2025 14:05:34 GMT -
Rating 7
- Innovation 3
- Rumor -1
