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Prologis Quarterly EPS Tops Forecast as Institutional Investors Increase Stakes

Deutsche Bank logoDeutsche Bank
Sig1.98Sen+0.95Env0.00Soc0.00Gov0.00
Prologis logoPrologis
Sig1.75Sen+2.10Env0.00Soc0.00Gov0.00

Institutional investors bought additional shares of Prologis stock, including Swedbank AB and Cardano Risk Management B.V., increasing their holdings. Prologis reported quarterly EPS of $1.13, beating the $0.75 consensus estimate. Analyst targets were raised by Wells Fargo, Truist, and Citigroup, while the stock fell 0.3%.

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