Prologis (PLD)

Company Profile

Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of December 31, 2020, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 984 million square feet (91 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 5,500 customers principally across two major categories: business-to-business and retail/online fulfillment.

Company profile

Ticker

PLD, PLDGP

Exchange

NYSE

Website

www.prologis.com

CEO

Hamid Moghadam

Incorporated

Maryland

Location

California

Fiscal year end

Dec 31

Sector

Finance and Insurance > Other Financial Vehicles

Industry (SIC)

Real Estate Investment Trusts

Annaly Capital Management • AGNC Investment • Simon Property • VEREIT • ARMOUR Residential REIT • Vornado Realty Trust • Welltower • Healthpeak Properties • Ventas • Invesco Mortgage Capital ...

Former names

AMB PROPERTY CORP

SEC CIK

0001045609

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Entities that engage in real estate operations • PLD GBP Finance LP • Liberty Property Trust UK Ltd • Prologis California Inc. • Prologis Management LLC • Prologis de Mexico S.A. de C.V. • Prologis Directorship BV • Prologis Directorship II BV • Prologis Directorship Sarl • Prologis UK Financial Services Limited ...

IRS number

943281941

PLD stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$143.57

Low target

$128.00

High target

$160.00

Latest filings (excl ownership)

View all

ARS

2022 FY

Annual report to shareholders

24 Mar 23

DEFA14A

Additional proxy soliciting materials

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

31 Jan 23

8-K

Prologis Supplemental Information Fourth Quarter 2022 Unaudited Pharr Bridge Industrial Ctr #8, Reynosa, Mexico

Departure of Directors or Certain Officers

5 Jan 23

8-K

Departure of Directors or Certain Officers

12 Dec 22

8-K

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

1 Dec 22

Transcripts

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PLD

Earnings call transcript

2022 Q4

18 Jan 23

PLD

Earnings call transcript

2021 Q2

19 Jul 21

PLD

Earnings call transcript

2021 Q2

19 Jul 21

PLD

Earnings call transcript

2021 Q1

19 Apr 21

PLD

Earnings call transcript

2021 Q1

19 Apr 21

PLD

Earnings call transcript

2020 Q4

26 Jan 21

PLD

Earnings call transcript

2020 Q2

21 Jul 20

PLD

Earnings call transcript

2020 Q1

21 Apr 20

PLD

Earnings call transcript

2019 Q4

22 Jan 20

PLD

Earnings call transcript

2019 Q3

15 Oct 19

Latest ownership filings

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Financial summary

Financial statements Chart PLD financial data

Quarter (USD)	Sep 22	Jun 22	Mar 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Prologis earnings reports.

Institutional ownership, Q2 2022

PLD institutional ownership history Ownership history

6.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	430	446	-3.6%
Opened positions	55	47	+17.0%
Closed positions	71	92	-22.8%
Increased positions	140	168	-16.7%
Reduced positions	153	138	+10.9%

13F shares	Current	Prev Q	Change
Total value	5.43 bn	5.50 bn	-1.3%
Total shares	59.67 mm	57.25 mm	+4.2%
Total puts	428.90 k	669.86 k	-36.0%
Total calls	436.27 k	778.30 k	-43.9%
Total put/call ratio	1.0	0.9	+14.2%

Largest owners	Shares	Value	Change
Capital World Investors	5.98 mm	$593.73 mm	+61.7%
Vanguard	5.80 mm	$575.41 mm	+0.2%
MFC Manulife Financial	4.97 mm	$0.00	0.0%
BLK Blackrock	4.79 mm	$475.15 mm	-0.4%
STT State Street	4.43 mm	$439.42 mm	+7.0%
Boston Partners	2.57 mm	$255.35 mm	+0.0%
Manufacturers Life Insurance Company, The	2.46 mm	$244.26 mm	+5.1%
Beutel, Goodman & Co	2.15 mm	$213.63 mm	+2.8%
Van Eck Associates	1.77 mm	$176.13 mm	+1.2%
Confluence Investment Management	1.09 mm	$108.56 mm	+2.2%

Largest transactions	Shares	Bought/sold	Change
Capital World Investors	5.98 mm	+2.28 mm	+61.7%
Steven Patrick Farmer	1.09 mm	+1.09 mm	NEW
River Road Asset Management	461.22 k	-383.35 k	-45.4%
STT State Street	4.43 mm	+289.45 k	+7.0%
HighTower Advisors	306.75 k	+252.99 k	+470.6%
American Century Companies	780.51 k	-246.96 k	-24.0%
Alyeska Investment	238.44 k	+238.44 k	NEW
Parametric Portfolio Associates	0.00	-190.18 k	EXIT
First Trust Advisors	153.38 k	-168.96 k	-52.4%
WealthPLAN Partners	0.00	-142.91 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

PLD insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
24 Jan 23	Moghadam Hamid R	LTIP Units Common Stock	Grant	Acquire A	Yes	No	0.01	130,338	1.30 k	130,338
24 Jan 23	Moghadam Hamid R	LTIP Units Common Stock	Gift	Dispose G	No	No	0.01	130,338	1.30 k	1,539,520
17 Jan 23	Anderson Gary E	LTIP Units Common Stock	Grant	Acquire A	No	No	0.01	64,283	642.83	649,401
17 Jan 23	Anderson Gary E	LTIP Units Common Stock	Grant	Acquire A	No	No	0.01	8,781	87.81	585,118
17 Jan 23	Anderson Gary E	LTIP Units Common Stock	Grant	Acquire A	No	No	0.01	28,413	284.13	576,337
17 Jan 23	Timothy D Arndt	LTIP Units Common Stock	Grant	Acquire A	No	No	0.01	10,787	107.87	130,102
17 Jan 23	Timothy D Arndt	LTIP Units Common Stock	Grant	Acquire A	No	No	0.01	5,242	52.42	119,315
17 Jan 23	Timothy D Arndt	LTIP Units Common Stock	Grant	Acquire A	No	No	0.01	16,677	166.77	114,073
17 Jan 23	Curless Michael S	LTIP Units Common Stock	Grant	Acquire A	No	No	0.01	46,542	465.42	793,080
17 Jan 23	Curless Michael S	LTIP Units Common Stock	Grant	Acquire A	No	No	0.01	7,505	75.05	746,538