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Prologis (NYSE:PLD)‘s stock had its “underperform” rating reaffirmed by equities research analysts at Imperial Capital in a research note issued to investors on Wednesday. They currently have a $30.00 price target on the stock. Imperial Capital’s price target would suggest a potential downside of 27.64% from the stock’s previous close. The analysts noted that the move was a valuation call.

Other equities research analysts have also recently issued reports about the stock. Analysts at TheStreet downgraded shares of Prologis from a “buy” rating to a “hold” rating in a research note on Friday, May 9th. Separately, analysts at Stifel Nicolaus downgraded shares of Prologis from a “hold” rating to a “sell” rating in a research note on Monday, May 5th. Finally, analysts at Oppenheimer initiated coverage on shares of Prologis in a research note on Monday, May 5th. They set an “outperform” rating and a $45.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the company. Prologis presently has a consensus rating of “Hold” and a consensus price target of $41.14.

Shares of Prologis (NYSE:PLD) opened at 41.46 on Wednesday. Prologis has a one year low of $34.60 and a one year high of $42.28. The stock’s 50-day moving average is $40.97 and its 200-day moving average is $39.40. The company has a market cap of $20.717 billion and a price-to-earnings ratio of 418.79.

Prologis (NYSE:PLD) last issued its quarterly earnings data on Tuesday, April 22nd. The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.01. The company had revenue of $434.68 million for the quarter, compared to the consensus estimate of $490.62 million. During the same quarter in the previous year, the company posted $0.40 earnings per share. On average, analysts predict that Prologis will post $1.79 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Monday, June 30th. Shareholders of record on Wednesday, June 11th will be given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 3.18%. The ex-dividend date of this dividend is Monday, June 9th.

In other Prologis news, Director Jeffrey Skelton sold 13,502 shares of the stock on the open market in a transaction dated Friday, May 16th. The stock was sold at an average price of $41.15, for a total value of $555,607.30. Following the completion of the transaction, the director now directly owns 28,977 shares of the company’s stock, valued at approximately $1,192,404. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Prologis, Inc (NYSE:PLD) and the general partner of the Prologis, L.

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