Centersquare Investment Management LLC Trims Holdings in Prologis, Inc. $PLD

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Centersquare Investment Management LLC reduced its stake in Prologis by 3.9% in Q3, selling 267,116 shares but still holding 6.5 million shares worth $747.3 million, making it their second-largest holding. Prologis reported Q3 earnings that met EPS estimates and beat revenue estimates, while also raising its dividend despite a high payout ratio. Analysts maintain a “Moderate Buy” rating with an average price target of $136.95 for Prologis.

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