Prologis stock is trading -11.62% below its average target price of $133.81 after marking a 2.9% during today's evening session. Analysts are giving the large-cap Specialty Real Estate Investment Trust company an average rating of buy and target prices ranging from $119.0 to $154.0 per share.
Prologis's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.3%. The stock's short ratio is 2.56. The company's insiders own 0.32% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 95.5%. In conclusion, we believe there is mixed market sentiment regarding Prologis.
Institutions Invested in Prologis
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-09-30 | Vanguard Group Inc | 13% | 120,111,547 | $14,204,391,804 |
| 2023-09-30 | Blackrock Inc. | 10% | 92,523,874 | $10,941,873,536 |
| 2023-09-30 | State Street Corporation | 7% | 60,180,599 | $7,116,957,766 |
| 2023-09-30 | Cohen & Steers Inc. | 4% | 33,372,031 | $3,946,576,457 |
| 2023-09-30 | JP Morgan Chase & Company | 4% | 32,813,976 | $3,880,580,871 |
| 2023-09-30 | Apg Asset Management US Inc. | 2% | 19,741,375 | $2,334,615,049 |
| 2023-09-30 | Geode Capital Management, LLC | 2% | 19,161,502 | $2,266,039,267 |
| 2023-09-30 | Morgan Stanley | 2% | 17,433,265 | $2,061,657,956 |
| 2023-09-30 | Bank of America Corporation | 2% | 17,204,044 | $2,034,550,280 |
| 2023-09-30 | Massachusetts Financial Services Co. | 2% | 16,519,324 | $1,953,575,291 |
