Prologis, Inc. (PLD), a major player in the industrial real estate sector, has recently announced a $1.25 Billion notes offering and declared consistent quarterly dividends of $1.01 and $1.07 per share. Baird Financial Group Inc, one of its major stockholders, reportedly holds $12.36 million stock holdings in Prologis. However, due to market volatility,
Prologis' (PLD) price target has been revised and a Baird analyst has also brought down the price target for Prologis. Moreover, AQR Capital Management LLC, and South Plains Financial Inc. have increased their shares in the company, indicating their confidence in its potential. In the wake of this, Prologis has reported noteworthy Q1 2025 earnings, attributing its success to strong core FFO and strategic developments. With new leadership transitions in the company and Sarah Slusser being elected to the board of directors, Prologis expects forthcoming growth. As a potential upside, the company has also converted an Illinois warehouse into a turnkey data center.
Prologis PLD News Analytics from Wed, 17 Jul 2024 07:00:00 GMT to Sat, 10 May 2025 15:39:20 GMT -
Rating 5
- Innovation 3
- Information 8
- Rumor 1
