Nuveen Asset Management LLC Position in Prologis INC (PLD) Lowered by $21.46 Million as Share Price Rose

Prologis, Inc. (NYSE:PLD) LogoInvestors sentiment increased to 1.08 in Q1 2019. Its up 0.01, from 1.07 in 2018Q4. It increased, as 35 investors sold PLD shares while 199 reduced holdings. 65 funds opened positions while 187 raised stakes. 581.17 million shares or 0.23% more from 579.83 million shares in 2018Q4 were reported. Dekabank Deutsche Girozentrale owns 530,778 shares for 0.21% of their portfolio. Baldwin Brothers Ma holds 0.25% or 23,205 shares. Palisades Hudson Asset Management Lp, Florida-based fund reported 4,419 shares. Presima reported 1.26M shares stake. Ontario – Canada-based Cibc Asset Mgmt Incorporated has invested 0.03% in Prologis, Inc. (NYSE:PLD). Geode Mngmt Limited Liability Corporation owns 9.97 million shares. Anson Funds Mgmt Limited Partnership invested 0.42% in Prologis, Inc. (NYSE:PLD). Prudential invested in 1.64 million shares or 0.2% of the stock. Sun Life Finance has 0.02% invested in Prologis, Inc. (NYSE:PLD) for 1,075 shares. Oakbrook Investments Limited Co owns 21,720 shares or 0.09% of their US portfolio. Mariner Limited invested in 24,082 shares. 3.37 million were reported by Apg Asset Mngmt Nv. 75,831 are held by Bb&T Corp. Cullen Frost Bankers has invested 0% of its portfolio in Prologis, Inc. (NYSE:PLD). Signature Est Invest Advsrs Llc, California-based fund reported 338,424 shares.

Nuveen Asset Management Llc decreased its stake in Prologis Inc (PLD) by 11.4% based on its latest 2019Q1 regulatory filing with the SEC. Nuveen Asset Management Llc sold 302,211 shares as the company’s stock rose 7.33% with the market. The institutional investor held 2.35 million shares of the consumer services company at the end of 2019Q1, valued at $168.96 million, down from 2.65 million at the end of the previous reported quarter. Nuveen Asset Management Llc who had been investing in Prologis Inc for a number of months, seems to be less bullish one the $50.48B market cap company. The stock decreased 1.22% or $0.99 during the last trading session, reaching $80.03. About 3.07 million shares traded or 37.32% up from the average. Prologis, Inc. (NYSE:PLD) has risen 16.56% since July 14, 2018 and is uptrending. It has outperformed by 12.13% the S&P500.

Nuveen Asset Management Llc, which manages about $18.73 billion US Long portfolio, upped its stake in Cyrusone Inc (NASDAQ:CONE) by 649,389 shares to 704,054 shares, valued at $36.92 million in 2019Q1, according to the filing. It also increased its holding in Regeneron Pharmaceuticals (NASDAQ:REGN) by 22,244 shares in the quarter, for a total of 44,075 shares, and has risen its stake in Digital Rlty Tr Inc (NYSE:DLR).

Analysts await Prologis, Inc. (NYSE:PLD) to report earnings on July, 16 before the open. They expect $0.77 earnings per share, up 8.45 % or $0.06 from last year’s $0.71 per share. PLD’s profit will be $485.71M for 25.98 P/E if the $0.77 EPS becomes a reality. After $0.73 actual earnings per share reported by Prologis, Inc. for the previous quarter, Wall Street now forecasts 5.48 % EPS growth.

More notable recent Prologis, Inc. (NYSE:PLD) news were published by: Seekingalpha.com which released: “Prologis: Strong Outlook And Attractive Valuation – Seeking Alpha” on January 09, 2019, also Bizjournals.com with their article: “Dulles passengers might catch something new as they come in for a landing: Rooftop ads – Washington Business Journal” published on June 27, 2019, Benzinga.com published: “This Real Estate ETF Is Crushing Its Traditional Rivals – Benzinga” on February 27, 2019. More interesting news about Prologis, Inc. (NYSE:PLD) were released by: Finance.Yahoo.com and their article: “See what the IHS Markit Score report has to say about Prologis Inc. – Yahoo Finance” published on May 07, 2019 as well as Seekingalpha.com‘s news article titled: “Prologis +2.9% after forecast boost – Seeking Alpha” with publication date: April 16, 2019.

Prologis, Inc. (NYSE:PLD) Ratings Coverage

Among 2 analysts covering Prologis (NYSE:PLD), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Prologis has $7900 highest and $72 lowest target. $76’s average target is -5.04% below currents $80.03 stock price. Prologis had 14 analyst reports since February 20, 2019 according to SRatingsIntel. The company was maintained on Monday, March 25 by KeyBanc Capital Markets. The stock of Prologis, Inc. (NYSE:PLD) has “Buy” rating given on Wednesday, February 20 by Barclays Capital.

Prologis, Inc. (NYSE:PLD) Ratings Chart

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