10 Best Real Estate and Realty Stocks To Buy According to Hedge Funds

4. Prologis, Inc. (NYSE:PLD)

Number of Hedge Fund Holders: 49

Prologis, Inc. (NYSE:PLD) is a global leader in logistics real estate and focuses on high-barrier, high-growth markets. The firm leases modern logistics facilities to over 6,700 customers spread across two categories, business-to-business and retail/online fulfillment.

Considering that 2.8% of the global GDP flows through its distribution centers annually, PLD has a strong global standing. The firm has a leading position in industrial real estate complimented by an irreplaceable portfolio. On September 30, Prologis owned or had investments in, on a wholly owned basis or through co-investment ventures, properties, and development projects expected to total nearly 1.2 billion square feet in 20 countries. The leading retail, e-commerce, and logistics companies including Amazon, FedEx, DHL, and Maersk prefer Prologis as their real estate partner.

PLD is in a good position as the partner of choice for leading global customers, to cater to their needs in supply chain, digital, and energy infrastructure. In Q3, Prologis, Inc. (NYSE:PLD) reported core funds from operations (Core FFO) per diluted share of $1.43, up 10.0% year-over-year. Net earnings per diluted share were $1.08 and increased 35% as compared to the prior-year period.

Therefore, Prologis, Inc. (NYSE:PLD) is a premier global logistic real estate company that boasts a global scale, expertise, and an unparalleled portfolio. As of Q3, the stock is held by 49 hedge funds.