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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Prologis ( PLD) pushed the Real Estate industry higher today making it today's featured real estate winner. The industry as a whole closed the day up 0.3%. By the end of trading, Prologis rose 50 cents (1.5%) to $33.90 on average volume. Throughout the day, two million shares of Prologis exchanged hands as compared to its average daily volume of 2.6 million shares. The stock ranged in a price between $33.39-$33.95 after having opened the day at $33.48 as compared to the previous trading day's close of $33.40. Other companies within the Real Estate industry that increased today were: NTS Realty Holdings ( NLP), up 38.4%, Doral Financial ( DRL), up 6.4%, FelCor Lodging ( FCH), up 5.7%, and Summit Hotel Properties ( INN), up 4.2%.
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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 $15.37 billion and is part of the financial sector. The company has a P/E ratio of 145, above the S&P 500 P/E ratio of 17.7. Shares are up 16.6% year to date as of the close of trading on Tuesday. Currently there are seven analysts that rate Prologis a buy, no analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates Prologis as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and poor profit margins.

On the negative front, Transcontinental Realty ( TCI), down 8.2%, Vestin Realty Mortgage I ( VRTA), down 4.5%, MPG Office ( MPG), down 3.5%, and E-House China Holdings ( EJ), down 3.3%, were all laggards within the real estate industry with AvalonBay Communities ( AVB) being today's real estate industry laggard.

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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