Cbre Clarion Securities LLC Stake in Prologis INC (PLD) Has Cut by $29.29 Million

April 21, 2018 - By Marguerite Chambers

Prologis, Inc. (NYSE:PLD) LogoInvestors sentiment increased to 1.22 in 2017 Q4. Its up 0.06, from 1.16 in 2017Q3. It improved, as 36 investors sold PLD shares while 168 reduced holdings. 60 funds opened positions while 189 raised stakes. 494.61 million shares or 0.16% less from 495.40 million shares in 2017Q3 were reported. Roosevelt Grp Incorporated has 174,329 shares. Amer Natl Registered Advisor, a Texas-based fund reported 13,055 shares. Voya Investment Mngmt Lc holds 0.04% or 274,319 shares in its portfolio. Minnesota-based Ameriprise Finance has invested 0.09% in Prologis, Inc. (NYSE:PLD). Campbell Com Adviser Ltd Llc, Maryland-based fund reported 5,121 shares. Mason Street Advisors Limited holds 0.11% in Prologis, Inc. (NYSE:PLD) or 74,115 shares. First Midwest National Bank & Trust Division holds 0.13% or 16,028 shares in its portfolio. Cubist Systematic Strategies Limited reported 11,433 shares. Asset Mgmt Inc reported 50,384 shares. Transamerica Finance Advsr Incorporated reported 14 shares or 0% of all its holdings. Resolution invested in 2.84M shares or 8.18% of the stock. Hartford Investment Management owns 118,791 shares. Riverhead Cap Limited Liability holds 0.05% or 18,098 shares in its portfolio. Investec Asset Ltd reported 395,700 shares stake. Sumitomo Mitsui Asset owns 0.14% invested in Prologis, Inc. (NYSE:PLD) for 145,260 shares.

Cbre Clarion Securities Llc decreased its stake in Prologis Inc. (PLD) by 5.36% based on its latest 2017Q4 regulatory filing with the SEC. Cbre Clarion Securities Llc sold 457,586 shares as the company’s stock declined 2.80% with the market. The institutional investor held 8.09M shares of the consumer services company at the end of 2017Q4, valued at $521.63M, down from 8.54 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 less bullish one the $35.08 billion market cap company. The stock decreased 0.37% or $0.24 during the last trading session, reaching $64.99. About 2.39M shares traded. Prologis, Inc. (NYSE:PLD) has risen 24.40% since April 21, 2017 and is uptrending. It has outperformed by 12.85% the S&P500.

Cbre Clarion Securities Llc, which manages about $22.77 billion and $8.72B US Long portfolio, upped its stake in Crown Castle International Cor (NYSE:CCI) by 213,544 shares to 393,644 shares, valued at $43.70M in 2017Q4, according to the filing. It also increased its holding in Cyrusone Inc (NASDAQ:CONE) by 579,122 shares in the quarter, for a total of 3.25M shares, and has risen its stake in Mgm Growth Properties Llc.

Prologis, Inc. (NYSE:PLD) Ratings Coverage

Among 14 analysts covering Prologis (NYSE:PLD), 13 have Buy rating, 0 Sell and 1 Hold. Therefore 93% are positive. Prologis had 20 analyst reports since October 25, 2017 according to SRatingsIntel. The firm earned “Neutral” rating on Friday, December 15 by JP Morgan. The company was maintained on Monday, October 30 by Jefferies. On Friday, December 15 the stock rating was downgraded by J.P. Morgan to “Hold”. The rating was maintained by Cantor Fitzgerald on Tuesday, January 23 with “Buy”. The company was upgraded on Thursday, April 12 by Jefferies. The firm has “Overweight” rating by JP Morgan given on Tuesday, March 27. The company was maintained on Thursday, October 26 by Wells Fargo. The firm earned “Buy” rating on Friday, November 17 by SunTrust. The stock of Prologis, Inc. (NYSE:PLD) has “Buy” rating given on Tuesday, December 19 by KeyBanc Capital Markets. BMO Capital Markets maintained the stock with “Buy” rating in Tuesday, January 9 report.

Prologis, Inc. (NYSE:PLD) Ratings Chart

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