Shares of ProLogis, Inc. (PLD) Sees Large Inflow of Net Money Flow

ProLogis, Inc. (PLD) traded with a cut of -0.41 points or -0.84% at $48.44 per share. As per the last available information, the stock aggregated $38.31 million in upticks and $27.79 million in downticks, keeping the net money flow capped at $10.53 million. The up/down ratio was found to be 1.38. For the week, the shares has seen a change of -1.64% in the share price.A block trade of $20.52 million in upticks and $8.26 million in downticks also took place during the day. The up/down ratio for the block stood at 2.48. The net money flow for this transaction was $12.25 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Prologis, Inc. has lost 6.47% in the last five trading days and dropped 8.24% in the last 4 weeks. Prologis, Inc. has dropped 6.37% during the last 3-month period . Year-to-Date the stock performance stands at -8.24%. ProLogis, Inc. (NYSE:PLD) witnessed a decline in the market cap on Wednesday as its shares dropped 0.84% or 0.41 points. After the session commenced at $48.84, the stock reached the higher end at $49.045 while it hit a low of $48.33. With the volume soaring to 3,907,756 shares, the last trade was called at $48.44. The company has a 52-week high of $54.87. The company has a market cap of $25,606 million and there are 528,614,000 shares in outstanding. The 52-week low of the share price is $35.25.

Company has reported several Insider transactions to the SEC, on Aug 15, 2016, Gary E Anderson (CEO, Europe and Asia) sold 33,043 shares at 54.28 per share price.On Aug 1, 2016, Hamid R Moghadam (Chairman & CEO) sold 446,991 shares at 54.35 per share price.On Jun 20, 2016, Edward S Nekritz (Chief Legal Off./Gen. Counsel) sold 5,675 shares at 50.20 per share price.

Prologis Inc Last issued its quarterly earnings results on Jan 24, 2017. The company reported $0.63 EPS for the quarter. Analyst had a consensus estimate of $0.63. The company had revenue of $559.90 million for the quarter, compared to analysts expectations of $561.98 million. The companys revenue was down -.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.64 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Prologis Inc was Upgraded by Robert W. Baird on Nov 28, 2016 to Outperform, Price Target of the shares are set at $55.

Prologis Incorporation is engaged in the acquisition, development, and operation of industrial properties in North America, Europe, and Asia. The Company had been formed after the merger of AMB Property Corporation and Prologis. Prologis Incorporation is headquartered in San Francisco, California.


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