Prologis Inc (PLD): Today's Featured Real Estate Loser

Prologis ( PLD) pushed the Real Estate industry lower today making it today's featured Real Estate loser. The industry as a whole closed the day up 0.1%. By the end of trading, Prologis fell 38 cents (-1.1%) to $32.70 on light volume. Throughout the day, 1.5 million shares of Prologis exchanged hands as compared to its average daily volume of 3.2 million shares. The stock ranged in price between $32.58-$33.16 after having opened the day at $33.16 as compared to the previous trading day's close of $33.08. Other company's within the Real Estate industry that declined today were: American Spectrum Realty ( AQQ), down 6.2%, Intergroup Corporation ( INTG), down 5.4%, FirstCity Financial Corporation ( FCFC), down 5.3%, and InnSuites Hospitality ( IHT), down 4.4%.

Prologis Inc. is an independent equity real estate investment trust. It invests in the real estate markets across the globe. The firm engages in the ownership, development, management, and leasing of industrial distribution and retail properties. Prologis has a market cap of $15.24 billion and is part of the financial sector. The company has a P/E ratio of 275.8, above the S&P 500 P/E ratio of 17.7. Shares are up 15.7% year to date as of the close of trading on Friday. Currently there are seven analysts that rate Prologis a buy, no analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Prologis as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and poor profit margins.

On the positive front, Vestin Realty Mortgage II ( VRTB), up 8.4%, Vestin Realty Mortgage I ( VRTA), up 8.3%, Elbit Imaging ( EMITF), up 8.3%, and Stratus Properties ( STRS), up 8.1%, were all gainers within the real estate industry with Ventas ( VTR) being today's featured real estate industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider iShares Dow Jones US Real Estate ( IYR) while those bearish on the real estate industry could consider ProShares Short Real Estate Fund ( REK).
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