Could Prologis Inc Gain Strenght? Option Traders Don’t Think So

 Could Prologis Inc Gain Strenght? Option Traders Don't Think So

In today’s session Prologis Inc (PLD) recorded an unusually high (203) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the February, 2017 put, expecting serious PLD decrease. With 203 contracts traded and 1304 open interest for the Feb, 17 contract, it seems this is a quite bearish bet. The option with symbol: PLD170217P00050000 closed last at: $3.2 or 20.8% up. About 938,300 shares traded hands. Prologis Inc (NYSE:PLD) has risen 11.83% since April 5, 2016 and is uptrending. It has outperformed by 9.88% the S&P500.

Prologis Inc (NYSE:PLD) Ratings Coverage

Out of 20 analysts covering Prologis (NYSE:PLD), 10 rate it a “Buy”, 1 “Sell”, while 9 “Hold”. This means 50% are positive. Prologis has been the topic of 31 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The firm has “Neutral” rating given on Friday, June 24 by Bank of America. The stock has “Hold” rating given by Jefferies on Friday, January 22. Stifel Nicolaus maintained the shares of PLD in a report on Wednesday, January 27 with “Buy” rating. The company was maintained on Wednesday, January 27 by Oppenheimer. CapitalOne upgraded Prologis Inc (NYSE:PLD) on Monday, October 17 to “Equal Weight” rating. As per Thursday, June 30, the company rating was downgraded by Suntrust Robinson. The rating was downgraded by Deutsche Bank on Tuesday, June 21 to “Hold”. The rating was maintained by Stifel Nicolaus on Wednesday, October 21 with “Buy”. Capital One downgraded Prologis Inc (NYSE:PLD) on Wednesday, May 18 to “Equal-Weight” rating. The stock of Prologis Inc (NYSE:PLD) earned “Buy” rating by Evercore on Tuesday, October 18.

According to Zacks Investment Research, “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.”

Insitutional Activity: The institutional sentiment decreased to 1.01 in Q2 2016. Its down 0.25, from 1.26 in 2016Q1. The ratio dived, as 35 funds sold all Prologis Inc shares owned while 174 reduced positions. 56 funds bought stakes while 155 increased positions. They now own 520.80 million shares or 0.92% more from 516.05 million shares in 2016Q1.
1St Glob Advisors, a Texas-based fund reported 22,213 shares. Capital Intll Investors has 846,000 shares for 0.06% of their US portfolio. Ladenburg Thalmann Fincl Services has 0.03% invested in the company for 33,176 shares. Northern last reported 0.14% of its portfolio in the stock. The Michigan-based State Treasurer State Of Michigan has invested 0.07% in Prologis Inc (NYSE:PLD). Wellington Grp Incorporated Llp has 15,934 shares for 0% of their US portfolio. Cornerstone Capital Ltd Company accumulated 0.23% or 582,938 shares. The Texas-based Employees Retirement System Of Texas has invested 0.19% in Prologis Inc (NYSE:PLD). Jefferies Group Ltd Liability Corporation owns 54,314 shares or 0.01% of their US portfolio. Gerstein Fisher owns 31,423 shares or 0.2% of their US portfolio. Alps Advsr accumulated 0.03% or 59,605 shares. Babson Mgmt Ltd Company last reported 0.03% of its portfolio in the stock. Glenmede Trust Commerce Na owns 732 shares or 0% of their US portfolio. Moreover, Da Davidson Com has 0% invested in Prologis Inc (NYSE:PLD) for 1,040 shares. Westport Resources Management Inc has invested 0% of its portfolio in Prologis Inc (NYSE:PLD).

Prologis, Inc. is engaged in logistics real estate business, focused on markets across the Americas, Europe and Asia. The company has a market cap of $25.45 billion. The Firm owns or has investments in, on a basis or through co-investment ventures, properties and development projects in over 20 countries. It has a 30.27 P/E ratio. The Company’s divisions include Real Estate Operations and Strategic Capital.

PLD Company Profile

Prologis, Inc., incorporated on November 24, 1997, is engaged in logistics real estate business, focused on markets across the Americas, Europe and Asia. The Firm owns or has investments in, on a basis or through co-investment ventures, properties and development projects in over 20 countries. The Company’s operating divisions include Real Estate Operations and Strategic Capital. The Firm leases distribution facilities to over 5,200 clients across two categories, which include business-to-business and retail/online fulfillment. For business-to-business enterprises, its buildings serve a range of sectors, including automotive, transportation, pharmaceuticals and general consumer goods. In the area of retail/online fulfillment, its logistics facilities foster the seamless flow of goods around the world. The Company’s customer base represents a spectrum of international, national, regional and local distribution users.

More news for Prologis Inc (NYSE:PLD) were recently published by: Prnewswire.com, which released: “Prologis to Host Investor Forum in New York City Nov. 9” on November 07, 2016. Moodys.com‘s article titled: “Moody’s upgrades Prologis’ rating to A3; stable outlook” and published on October 26, 2016 is yet another important article.

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