Resolution Capital LTD Trimmed Prologis (PLD) Position By $10.25 Million; Zedge Class B (NYSEAMERICAN:ZDGE) Shorts Down By 28.77%

April 26, 2018 - By Marie Mckinney

Prologis, Inc. (NYSE:PLD) Logo

Resolution Capital Ltd decreased Prologis Inc (PLD) stake by 5.34% reported in 2017Q4 SEC filing. Resolution Capital Ltd sold 160,141 shares as Prologis Inc (PLD)’s stock declined 2.80%. The Resolution Capital Ltd holds 2.84 million shares with $183.10 million value, down from 3.00M last quarter. Prologis Inc now has $35.25B valuation. The stock increased 1.04% or $0.67 during the last trading session, reaching $65.31. About 107,640 shares traded. Prologis, Inc. (NYSE:PLD) has risen 24.40% since April 26, 2017 and is uptrending. It has outperformed by 12.85% the S&P500.

Zedge Inc Class B (NYSEAMERICAN:ZDGE) had a decrease of 28.77% in short interest. ZDGE’s SI was 20,800 shares in April as released by FINRA. Its down 28.77% from 29,200 shares previously. With 19,800 avg volume, 1 days are for Zedge Inc Class B (NYSEAMERICAN:ZDGE)’s short sellers to cover ZDGE’s short positions. The SI to Zedge Inc Class B’s float is 0.28%. The stock increased 6.14% or $0.25 during the last trading session, reaching $4.33. About 7,922 shares traded. Zedge, Inc. (NYSEAMERICAN:ZDGE) has declined 0.64% since April 26, 2017 and is downtrending. It has underperformed by 12.19% the S&P500.

Zedge, Inc. provides content distribution platforms through its smartphones worldwide. The company has market cap of $44.12 million. The companyÂ’s platform enables clients to personalize their mobile devices with free ringtones, wallpapers, home screen app icons, and notification sounds. It currently has negative earnings.

Resolution Capital Ltd increased Alexandria Real Estate Eq In (NYSE:ARE) stake by 35,805 shares to 1.03 million valued at $134.95 million in 2017Q4. It also upped Digital Rlty Tr Inc (NYSE:DLR) stake by 22,527 shares and now owns 429,103 shares. Empire St Rlty Tr Inc (NYSE:ESRT) was raised too.

Investors sentiment increased to 1.22 in Q4 2017. Its up 0.06, from 1.16 in 2017Q3. It improved, as 36 investors sold PLD shares while 168 reduced holdings. 60 funds opened positions while 189 raised stakes. 494.61 million shares or 0.16% less from 495.40 million shares in 2017Q3 were reported. Zacks Inv Management has 1.28% invested in Prologis, Inc. (NYSE:PLD) for 912,823 shares. Arizona State Retirement Systems holds 195,183 shares or 0.12% of its portfolio. Kcm Invest Advsrs Lc owns 10,933 shares. 4,778 are held by Creative Planning. Sumitomo Mitsui Trust stated it has 0.16% in Prologis, Inc. (NYSE:PLD). Convergence Investment Prtn Ltd Llc reported 0.21% in Prologis, Inc. (NYSE:PLD). Royal State Bank Of Canada has 0.01% invested in Prologis, Inc. (NYSE:PLD). Old Mutual Customised Solutions (Proprietary) Ltd holds 29,959 shares. First Company holds 9,633 shares. 197,238 were reported by Meag Munich Ergo Kapitalanlagegesellschaft Mbh. Chicago Equity Partners Ltd Llc owns 0.22% invested in Prologis, Inc. (NYSE:PLD) for 112,660 shares. Hgk Asset Mngmt reported 0.04% stake. Mckinley Capital Mgmt Ltd Delaware holds 147,740 shares. Aew Mngmt Limited Partnership holds 3.79M shares. Heitman Real Estate Secs Ltd holds 4.2% or 1.14M shares in its portfolio.

Among 26 analysts covering Prologis (NYSE:PLD), 18 have Buy rating, 1 Sell and 7 Hold. Therefore 69% are positive. Prologis had 76 analyst reports since July 22, 2015 according to SRatingsIntel. Cantor Fitzgerald maintained Prologis, Inc. (NYSE:PLD) rating on Tuesday, July 18. Cantor Fitzgerald has “Buy” rating and $6500 target. Stifel Nicolaus maintained the shares of PLD in report on Tuesday, July 4 with “Buy” rating. The firm has “Hold” rating by Jefferies given on Monday, July 17. The stock of Prologis, Inc. (NYSE:PLD) has “Buy” rating given on Wednesday, October 25 by Bank of America. Robert W. Baird upgraded the shares of PLD in report on Monday, November 28 to “Outperform” rating. The firm has “Buy” rating by Stifel Nicolaus given on Tuesday, April 17. Cowen & Co upgraded the shares of PLD in report on Thursday, July 23 to “Outperform” rating. The rating was maintained by BMO Capital Markets on Tuesday, January 23 with “Buy”. The rating was initiated by BB&T Capital on Thursday, November 12 with “Hold”. Capital One downgraded the shares of PLD in report on Wednesday, May 18 to “Equal-Weight” rating.

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