$0.72 EPS Expected for Prologis, Inc. (PLD)

September 15, 2018 - By Ash Maslow

Prologis, Inc. (NYSE:PLD) LogoInvestors sentiment increased to 1.26 in Q2 2018. Its up 0.22, from 1.04 in 2018Q1. It is positive, as 34 investors sold Prologis, Inc. 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.
Preferred Ltd Company reported 0.05% stake. Public Employees Retirement System Of Ohio has invested 0.33% in Prologis, Inc. (NYSE:PLD). Marshall Wace Limited Liability Partnership owns 10,381 shares. Moreover, Prudential has 0.14% invested in Prologis, Inc. (NYSE:PLD) for 1.46 million shares. First Allied Advisory Serv invested 0.01% of its portfolio in Prologis, Inc. (NYSE:PLD). Nomura owns 8,207 shares for 0% of their portfolio. Mariner Llc holds 20,680 shares. Cambridge Invest Inc reported 3,365 shares or 0% of all its holdings. 129,921 are owned by Cleararc. Moreover, Vanguard Gru Inc has 0.19% invested in Prologis, Inc. (NYSE:PLD). Ibm Retirement Fund reported 10,164 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh stated it has 211,874 shares. Kempen Cap Mngmt Nv stated it has 372,283 shares. Teachers Ins Annuity Association Of America invested 3.1% of its portfolio in Prologis, Inc. (NYSE:PLD). Intrust State Bank Na reported 24,710 shares.

Analysts expect Prologis, Inc. (NYSE:PLD) to report $0.72 EPS on October, 16.They anticipate $0.05 EPS change or 7.46 % from last quarter’s $0.67 EPS. PLD’s profit would be $461.85 million giving it 23.34 P/E if the $0.72 EPS is correct. After having $0.71 EPS previously, Prologis, Inc.’s analysts see 1.41 % EPS growth. The stock increased 0.18% or $0.12 during the last trading session, reaching $67.23. About 3.19 million shares traded. Prologis, Inc. (NYSE:PLD) has risen 2.74% since September 16, 2017 and is uptrending. It has underperformed by 12.88% the S&P500.

Prologis, Inc. (NYSE:PLD) Ratings Coverage

Among 11 analysts covering Prologis (NYSE:PLD), 10 have Buy rating, 0 Sell and 1 Hold. Therefore 91% are positive. Prologis had 11 analyst reports since March 27, 2018 according to SRatingsIntel. The rating was maintained by Bank of America with “Buy” on Monday, September 10. The stock has “Buy” rating by Stifel Nicolaus on Tuesday, April 17. Barclays Capital maintained Prologis, Inc. (NYSE:PLD) rating on Thursday, August 2. Barclays Capital has “Overweight” rating and $73 target. BMO Capital Markets maintained the stock with “Buy” rating in Friday, May 18 report. The firm earned “Buy” rating on Friday, April 6 by Citigroup. The rating was upgraded by JP Morgan to “Overweight” on Tuesday, March 27. On Wednesday, April 25 the stock rating was maintained by RBC Capital Markets with “Buy”. J.P. Morgan upgraded the stock to “Buy” rating in Tuesday, March 27 report. The stock of Prologis, Inc. (NYSE:PLD) has “Buy” rating given on Tuesday, April 24 by Robert W. Baird. Deutsche Bank maintained Prologis, Inc. (NYSE:PLD) on Friday, August 24 with “Hold” rating.

Prologis Inc. is an independent equity real estate investment trust. The company has market cap of $43.13 billion. It invests in the real estate markets across the globe. It has a 19.35 P/E ratio. The firm engages in the ownership, development, management, and leasing of industrial distribution and retail properties.

Prologis, Inc. (NYSE:PLD) Ratings Chart

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