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Prologis Posts $1.13 EPS Beat as Funds Increase PLD Holdings

Prologis logoPrologis
Sig1.45Sen+1.65Env0.00Soc0.00Gov0.00

Prologis reported quarterly EPS of $1.13, beating a $0.75 consensus, after $1.46 EPS the prior year quarter. Multiple investors increased their PLD positions during the quarter, including Brighton Jones and NewEdge Advisors, while Sohn & Co. AG raised its holdings by 16.9%. Mizuho lifted its Prologis target price to $159 and reiterated an outperform rating.

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