Mondrian Investment Partners LTD Takes Position in Prologis, Inc. $PLD

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Mondrian Investment Partners LTD recently acquired a new position of 979,227 shares in Prologis, Inc. (NYSE:PLD) during the third quarter, valued at approximately $112.14 million. This investment represents about 1.9% of Mondrian’s portfolio. Prologis, a real estate investment trust specializing in logistics facilities, has an average “Moderate Buy” rating from analysts with an average price target of $135.89, and recently increased its quarterly dividend to $1.07.

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