Aberdeen Group plc increased its stake in Prologis, Inc. (NYSE:PLD) by 5.3% in the third quarter, acquiring an additional 93,035 shares to own a total of 1,856,123 shares valued at $210,651,000. Other institutional investors have also adjusted their holdings in the real estate investment trust. Prologis recently announced a quarterly dividend increase to $1.07 per share and analyst ratings indicate a “Moderate Buy” consensus.
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Aberdeen Group plc Purchases 93,035 Shares of Prologis, Inc. $PLD
Aberdeen Group plc increased its stake in Prologis, Inc. (NYSE:PLD) by 5.3% in the third quarter, acquiring an additional 93,035 shares to own a total of 1,856,123 shares valued at $210,651,000. Other institutional investors have also adjusted their holdings in the real estate investment trust. Prologis recently announced a quarterly dividend increase to $1.07 per share and analyst ratings indicate a “Moderate Buy” consensus.