Prologis Inc (PLD): Today's Featured Financial Laggard

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 Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day up 0.3%. By the end of trading, Prologis fell $0.88 (-2.2%) to $38.15 on average volume. Throughout the day, 4,643,518 shares of Prologis exchanged hands as compared to its average daily volume of 3,427,000 shares. The stock ranged in price between $38.14-$39.20 after having opened the day at $39.15 as compared to the previous trading day's close of $39.03. Other companies within the Financial sector that declined today were: American Spectrum Realty ( AQQ), down 9.4%, National Bank of Greece ( NBG), down 8.6%, Prudential Bancorp Inc. of Pennsylvania ( PBIP), down 7.2% and Asset Acceptance Capital Corporation ( AACC), down 6.9%.
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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 $19.4 billion and is part of the real estate industry. Shares are up 6.9% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate Prologis a buy, no analysts rate it a sell, and 7 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, solid stock price performance and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and weak operating cash flow.

On the positive front, Cordia Bancorp ( BVA), down 12.9%, Institutional Financial Markets ( IFMI), down 12.3%, Donegal Group ( DGICB), down 10.9% and State Investors Bancorp ( SIBC), down 10.4% , were all gainers within the financial sector with Blackstone Group ( BX) being today's featured financial sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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