Prologis (PLD) Earns Daily Media Sentiment Rating of 0.06

News headlines about Prologis (NYSE:PLD) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Prologis earned a daily sentiment score of 0.06 on Accern’s scale. Accern also gave media headlines about the real estate investment trust an impact score of 46.5256949440871 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the news stories that may have effected Accern’s rankings:

A number of equities analysts have issued reports on the stock. Evercore ISI raised shares of Prologis from an “in-line” rating to an “outperform” rating in a report on Monday, December 4th. JPMorgan Chase & Co. cut shares of Prologis from an “overweight” rating to a “neutral” rating and set a $66.00 target price on the stock. in a report on Friday, December 15th. Citigroup raised their target price on shares of Prologis from $63.00 to $66.00 and gave the stock a “neutral” rating in a report on Thursday, October 19th. KeyCorp raised their target price on shares of Prologis from $65.00 to $68.00 and gave the stock a “buy” rating in a report on Monday, October 16th. Finally, BMO Capital Markets set a $69.00 target price on shares of Prologis and gave the stock a “buy” rating in a report on Tuesday, October 17th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. Prologis currently has a consensus rating of “Buy” and a consensus target price of $66.57.

Shares of Prologis (PLD) traded up $0.35 during trading hours on Friday, hitting $61.78. 3,790,270 shares of the company’s stock traded hands, compared to its average volume of 1,764,691. Prologis has a 12 month low of $48.33 and a 12 month high of $67.53. The firm has a market capitalization of $32,872.02, a price-to-earnings ratio of 18.55, a P/E/G ratio of 3.96 and a beta of 0.92. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.53.

Prologis (NYSE:PLD) last announced its quarterly earnings results on Tuesday, October 17th. The real estate investment trust reported $0.67 EPS for the quarter, meeting the consensus estimate of $0.67. Prologis had a net margin of 68.50% and a return on equity of 9.93%. The company had revenue of $531.18 million for the quarter, compared to analyst estimates of $573.68 million. During the same quarter last year, the business earned $0.14 earnings per share. Prologis’s revenue was down 5.2% compared to the same quarter last year. sell-side analysts anticipate that Prologis will post 2.8 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Monday, December 18th were paid a $0.44 dividend. The ex-dividend date of this dividend was Friday, December 15th. This represents a $1.76 annualized dividend and a dividend yield of 2.85%. Prologis’s payout ratio is currently 52.85%.

In other Prologis news, CEO Eugene F. Reilly sold 18,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $66.55, for a total value of $1,197,900.00. Following the sale, the chief executive officer now owns 63,365 shares in the company, valued at $4,216,940.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Edward S. Nekritz sold 15,752 shares of the firm’s stock in a transaction that occurred on Thursday, December 28th. The shares were sold at an average price of $64.51, for a total transaction of $1,016,161.52. Following the completion of the sale, the insider now owns 146,414 shares in the company, valued at approximately $9,445,167.14. The disclosure for this sale can be found here. Insiders sold 99,852 shares of company stock worth $6,600,519 in the last 90 days. 1.31% of the stock is owned by company insiders.

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Prologis Company Profile

Prologis, Inc is a real estate investment trust (REIT) company. The Company is engaged in logistics real estate business. The Company’s segments include Real Estate Operations and Strategic Capital. The Real estate operations segment consists of rental operations and development. The Company’s strategic capital segment includes asset management services, as well as services performed for unconsolidated co-investment ventures.

Insider Buying and Selling by Quarter for Prologis (NYSE:PLD)

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