Munich Reinsurance Co Stock Corp in Munich Raises Stock Holdings in Prologis, Inc. $PLD

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Munich Reinsurance Co Stock Corp in Munich significantly increased its stake in Prologis, Inc. (NYSE:PLD) by 4,893.1% during the fourth quarter, acquiring an additional 76,088 shares to reach a total of 77,643 shares valued at over $10 million. This move aligns with a broader trend of institutional investors and hedge funds increasing their holdings in Prologis. The real estate investment trust currently holds a “Moderate Buy” consensus rating from Wall Street analysts, with an average target price of $147.29, following recent price target boosts and positive Q1 earnings results.

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