Prologis Inc. (NYSE: PLD) is 7.19% higher on its value in year-to-date trading and has touched a low of $59.82 and a high of $99.79 in the current 52-week trading range. The PLD stock was last observed hovering at around $95.55 in the recent trading session, with the current gains setting it 0.57%.
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At last check, trading at $96.12, the stock is 2.37% and 5.78% above its SMA20 and SMA50 respectively. However, with a current trading volume of 0.53 million and changing 0.60% at the moment leaves the stock 8.82% off its SMA200. PLD registered 15.68% gain for a year compared to 6-month gain of 8.09%. The firm has a 50-day simple moving average (SMA 50) of $92.62 and a 200-day simple moving average (SMA200) of $88.39.
The stock witnessed a -1.82% loss in the last 1 month and extending the period to 3 months gives it a 26.54%, and is 4.46% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.75% over the week and 3.14% over the month.
Prologis Inc. (PLD) has around 1712 employees, a market worth around $70.28B and $3.54B in sales. Current P/E ratio is 36.17 and Fwd P/E is 53.32. Profit margin for the company is 48.30%. Distance from 52-week low is 60.68% and -3.67% from its 52-week high. The company has generated returns on investments over the last 12 months (2.70%).
Prologis Inc. (PLD) Analyst Forecasts
Prologis Inc. quarterly earnings per share for the current quarter are estimated at $0.46 with sales reaching $911.99M over the same period.The EPS is expected to shrink by -13.70% this year, but quarterly earnings will post 27.00% year-over-year. Quarterly sales are estimated to grow 30.20% in year-over-year returns.
Prologis Inc. (PLD) Top Institutional Holders
1,228 institutions hold shares in Prologis Inc. (PLD), with 3.87M shares held by insiders accounting for 0.52% while institutional investors hold 89.46% of the company’s shares. The shares outstanding are 738.58M, and float is at 736.12M with Short Float at 1.06%. Institutions hold 88.99% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 98.21 million shares valued at $7.89 billion. The investor’s holdings represent 13.30% of the PLD Shares outstanding. As of Mar 30, 2020, the second largest holder is Blackrock Inc. with 73.71 million shares valued at $5.92 billion to account for 9.98% of the shares outstanding. The other top investors are State Street Corporation which holds 48.04 million shares representing 6.50% and valued at over $3.86 billion, while FMR, LLC holds 3.67% of the shares totaling 27.08 million with a market value of $2.18 billion.
Prologis Inc. (PLD) Insider Activity
A total of 19 insider transactions have happened at Prologis Inc. (PLD) in the last six months, with sales accounting for 8 and purchases happening 11 times. The most recent transaction is an insider sale by FOTIADES GEORGE L, the company’s Director. SEC filings show that FOTIADES GEORGE L sold 1,339 shares of the company’s common stock on Jun 10 at a price of $96.38 per share for a total of $0.13 million. Following the sale, the insider now owns 22710.0 shares.
Prologis Inc. disclosed in a document filed with the SEC on Apr 27 that KENNARD LYDIA H (Director) sold a total of 6,762 shares of the company’s common stock. The trade occurred on Apr 27 and was made at $91.00 per share for $0.62 million. Following the transaction, the insider now directly holds 36262.0 shares of the PLD stock.
Still, SEC filings show that on Apr 24, SKELTON JEFFREY L (Director) disposed off 6,762 shares at an average price of $89.20 for $0.6 million. The insider now directly holds 48,029 shares of Prologis Inc. (PLD).
Prologis Inc. (PLD): Who are the competitors?
The company’s main competitors (and peers) include First Industrial Realty Trust Inc. (FR) that is trading 6.63% up over the past 12 months. Monmouth Real Estate Investment Corporation (MNR) is 4.61% up on the 1-year trading charts. Short interest in the company’s stock has fallen -4.6% from the last report on May 14, 2020 to stand at a total of 8.19 million short shares sold with a short interest ratio of 2.44.