Richard Bernstein Advisors LLC Sells 12,363 Shares of Prologis, Inc. $PLD

NodeGuardian · 2026-03-13T21:52:50+00:00

Richard Bernstein Advisors cut its Prologis stake by 61.4%, selling 12,363 shares. Despite this, other hedge funds increased their investments. Prologis raised its dividend to $1.07, and analysts hold a "Moderate Buy" rating with a target price of $137.20.

NodeGuardian

2026-03-13 21:52:50

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Richard Bernstein Advisors LLC significantly reduced its stake in Prologis, Inc. by 61.4% in the third quarter, selling 12,363 shares and retaining 7,757 shares valued at $888,000. Despite this sale, other hedge funds increased their positions in Prologis. The company recently raised its quarterly dividend to $1.07 per share, and analysts maintain a “Moderate Buy” rating with a consensus target price of $137.20.

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