Prologis (PLD) Shareholder Goldman Sachs Group Has Lowered Holding as Shares Rose; Serengeti Asset Management LP Boosted Pampa Energia S A (PAM) Position

June 16, 2018 - By Winifred Garcia

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Jody Lanasa increased its stake in Pampa Energia S A (PAM) by 60% based on its latest 2018Q1 regulatory filing with the SEC. Serengeti Asset Management Lp bought 75,000 shares as the company’s stock declined 19.34% with the market. The hedge fund run by Jody Lanasa held 200,000 shares of the central company at the end of 2018Q1, valued at $11.92 million, up from 125,000 at the end of the previous reported quarter. Serengeti Asset Management Lp who had been investing in Pampa Energia S A for a number of months, seems to be bullish on the $3.30 billion market cap company. The stock increased 0.55% or $0.24 during the last trading session, reaching $44.25. About 635,578 shares traded or 49.06% up from the average. Pampa Energía S.A. (NYSE:PAM) has declined 16.15% since June 16, 2017 and is downtrending. It has underperformed by 28.72% the S&P500. Some Historical PAM News: 23/05/2018 – DJ Symbol for Pampa Energia S.A. (PESA.BA) Now PAMP.BA; 04/05/2018 – YPF, PAMPA, LOMA NEGRA CUT FROM ITAU BBA LATAM EQUITIES LIST; 11/05/2018 – PAMPA ENERGIA 1Q REV. ARS19.40B, EST. ARS21.85B (2 EST.); 23/05/2018 – PAMPA ENERGIA TO BUILD FOURTH WIND FARM; 24/05/2018 – PAMPA ENERGIA SAYS TO INVEST $207M IN VACA MUERTA SHALE; 12/03/2018 – PAMPA ENERGIA FY NET INCOME ARS4.61B; 12/03/2018 PAMPA ENERGIA 4Q NET INCOME ARS1.51B; 19/03/2018 – PAMPA SAYS DEAL REACHED W/ ECUADOR ON 18 BLOCK $176M DISPUTE; 13/03/2018 – REFILE-PAMPA ENERGIA SA PAM.N : MORGAN STANLEY RAISES TO OVERWEIGHT FROM EQUAL-WEIGHT (ADDS REUTERS INSTRUMENT CODE); 03/04/2018 – Argentina’s TGS to build Vaca Muerta gas pipeline, conditioning plant

Goldman Sachs Group Inc decreased its stake in Prologis Inc (PLD) by 2.23% based on its latest 2018Q1 regulatory filing with the SEC. Goldman Sachs Group Inc sold 192,687 shares as the company’s stock rose 5.06% while stock markets declined. The institutional investor held 8.46M shares of the consumer services company at the end of 2018Q1, valued at $532.86M, down from 8.65M at the end of the previous reported quarter. Goldman Sachs Group Inc who had been investing in Prologis Inc for a number of months, seems to be less bullish one the $34.64B market cap company. The stock decreased 0.73% or $0.47 during the last trading session, reaching $63.95. About 4.50 million shares traded or 73.02% up from the average. Prologis, Inc. (NYSE:PLD) has risen 15.22% since June 16, 2017 and is uptrending. It has outperformed by 2.65% the S&P500. Some Historical PLD News: 23/04/2018 – DJ Prologis Inc, Inst Holders, 1Q 2018 (PLD); 29/04/2018 – Prologis-DCT Deal Revenue Synergies and Incremental Development Volume Has Potential to Generate $40 M Additional Annual Rev and Development Profit in the Future; 30/04/2018 – PROLOGIS, DCT ACQUISITION CALL ENDS; 29/04/2018 – Prologis to Buy DCT Industrial Trust for $8.4 Billion; 17/04/2018 – PROLOGIS INC SEES 2018 EARNINGS PER DILUTED SHARE $2.50 TO $2.60; 30/04/2018 – PROLOGIS CEO: EXPECT TO TRIM $550M OF DCT PORTFOLIO IN 2 YEARS; 29/04/2018 – DCT Deal Could Be Announced Sun; 02/05/2018 – Prologis Declares Quarterly Dividends and Announces Results from Stockholder Meeting; 30/04/2018 – S&PGRBulletin: Prologis Rtgs Unafctd By DCT Industrial Aqstn; 05/03/2018 Nippon Prologis REIT Prices New Investment Units

Among 2 analysts covering Pampa Energia SA (NYSE:PAM), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Pampa Energia SA had 3 analyst reports since October 8, 2015 according to SRatingsIntel. The stock of Pampa Energía S.A. (NYSE:PAM) has “Buy” rating given on Thursday, October 8 by Santander. The stock of Pampa Energía S.A. (NYSE:PAM) has “Overweight” rating given on Tuesday, March 13 by Morgan Stanley.

Another recent and important Prologis, Inc. (NYSE:PLD) news was published by Seekingalpha.com which published an article titled: “Prologis – Fairly Priced REIT” on June 06, 2018.

Goldman Sachs Group Inc, which manages about $390.88B US Long portfolio, upped its stake in Signet Jewelers Limited (NYSE:SIG) by 354,081 shares to 851,581 shares, valued at $32.80M in 2018Q1, according to the filing. It also increased its holding in Olin Corp (NYSE:OLN) by 3.06 million shares in the quarter, for a total of 3.16M shares, and has risen its stake in Edison Intl (NYSE:EIX).

Analysts await Prologis, Inc. (NYSE:PLD) to report earnings on July, 17. They expect $0.71 EPS, down 15.48% or $0.13 from last year’s $0.84 per share. PLD’s profit will be $384.55 million for 22.52 P/E if the $0.71 EPS becomes a reality. After $0.80 actual EPS reported by Prologis, Inc. for the previous quarter, Wall Street now forecasts -11.25% negative EPS growth.

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