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Cannell & Spears LLC Acquires 21,837 Shares of Prologis, Inc. $PLD
Cannell & Spears LLC increased its stake in Prologis, Inc. by 7.4% in the third quarter, acquiring an additional 21,837 shares. Many other institutional investors also adjusted their positions in Prologis, which has an average analyst rating of “Moderate Buy” and an average target price of $137.20. The company recently announced an increase in its quarterly dividend to $1.07, providing an annualized dividend of $4.28 and a yield of 3.2%.