Cbre Clarion Securities LLC Increased Its Position in Prologis INC (PLD) by $13.70 Million

September 30, 2018 - By Billy Entrekin

Prologis, Inc. (NYSE:PLD) LogoInvestors sentiment increased to 1.26 in 2018 Q2. Its up 0.22, from 1.04 in 2018Q1. It improved, as 34 investors sold PLD shares while 166 reduced holdings. 65 funds opened positions while 187 raised stakes. 488.14 million shares or 0.88% more from 483.90 million shares in 2018Q1 were reported. Royal Natl Bank Of Canada holds 515,561 shares or 0.02% of its portfolio. Wolverine Asset Mgmt Ltd Liability Corporation accumulated 3,547 shares or 0% of the stock. Rothschild Asset Management, a New York-based fund reported 684,476 shares. Parametric Portfolio Assocs Lc invested in 1.33 million shares. The Connecticut-based Lnd And Buildings Management Limited Com has invested 5.19% in Prologis, Inc. (NYSE:PLD). State Common Retirement Fund accumulated 1.39 million shares. Roosevelt Inv Group Inc invested in 173,524 shares or 1.07% of the stock. Phocas Financial Corp has 19,723 shares. Goldman Sachs Group reported 6.51M shares or 0.12% of all its holdings. Mackay Shields Llc, a New York-based fund reported 128,610 shares. Pnc Finance Grp invested in 150,810 shares or 0.01% of the stock. Natixis, France-based fund reported 19,329 shares. Calamos Advsrs Limited Com reported 68,570 shares. Badgley Phelps Bell reported 121,081 shares stake. American Int Gru accumulated 0.05% or 203,573 shares.

Cbre Clarion Securities Llc increased its stake in Prologis Inc. (PLD) by 2.73% based on its latest 2018Q2 regulatory filing with the SEC. Cbre Clarion Securities Llc bought 210,819 shares as the company’s stock rose 3.43% with the market. The institutional investor held 7.92M shares of the consumer services company at the end of 2018Q2, valued at $520.23 million, up from 7.71 million at the end of the previous reported quarter. Cbre Clarion Securities Llc who had been investing in Prologis Inc. for a number of months, seems to be bullish on the $43.48 billion market cap company. The stock increased 2.00% or $1.33 during the last trading session, reaching $67.79. About 3.62 million shares traded or 3.03% up from the average. Prologis, Inc. (NYSE:PLD) has risen 2.74% since September 30, 2017 and is uptrending. It has underperformed by 12.88% the S&P500.

Cbre Clarion Securities Llc, which manages about $22.77 billion and $7.66B US Long portfolio, decreased its stake in Store Capital Corp (NYSE:STOR) by 1.45 million shares to 4.27 million shares, valued at $117.09 million in 2018Q2, according to the filing. It also reduced its holding in Andeavor Logistics Lp by 101,868 shares in the quarter, leaving it with 32,326 shares, and cut its stake in Marriott International Inc. (NASDAQ:MAR).

Prologis, Inc. (NYSE:PLD) Ratings Coverage

Among 9 analysts covering Prologis (NYSE:PLD), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 89% are positive. Prologis had 9 analyst reports since April 6, 2018 according to SRatingsIntel. As per Tuesday, April 17, the company rating was maintained by Stifel Nicolaus. Bank of America maintained Prologis, Inc. (NYSE:PLD) on Monday, September 10 with “Buy” rating. The firm earned “Buy” rating on Thursday, April 12 by Jefferies. The firm has “Buy” rating given on Friday, April 6 by Citigroup. On Tuesday, April 24 the stock rating was maintained by Robert W. Baird with “Buy”. Barclays Capital maintained Prologis, Inc. (NYSE:PLD) rating on Thursday, August 2. Barclays Capital has “Overweight” rating and $73 target. The stock has “Buy” rating by BMO Capital Markets on Friday, May 18. The rating was maintained by RBC Capital Markets with “Buy” on Wednesday, April 25. The stock has “Hold” rating by Deutsche Bank on Friday, August 24.

Prologis, Inc. (NYSE:PLD) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: