Prologis, Inc. $PLD Shares Sold by Massachusetts Financial Services Co. MA

11 Apr 2026, 10:46 by Mitch Edgeman · The Markets Daily

Massachusetts Financial Services Co. MA cut its holdings in shares of Prologis, Inc. (NYSE:PLD – Free Report) by 7.8% in the fourth quarter, HoldingsChannel reports. The firm owned 14,992,070 shares of the real estate investment trust’s stock after selling 1,275,938 shares during the period. Massachusetts Financial Services Co. MA’s holdings in Prologis were worth $1,913,888,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in Prologis by 0.3% during the third quarter. Vanguard Group Inc. now owns 122,064,883 shares of the real estate investment trust’s stock valued at $13,978,870,000 after purchasing an additional 323,551 shares during the period. Capital International Investors boosted its position in Prologis by 15.0% in the 3rd quarter. Capital International Investors now owns 7,247,383 shares of the real estate investment trust’s stock worth $829,970,000 after purchasing an additional 946,847 shares in the last quarter. Wellington Management Group LLP boosted its position in Prologis by 1.2% in the 3rd quarter. Wellington Management Group LLP now owns 6,995,375 shares of the real estate investment trust’s stock worth $801,110,000 after purchasing an additional 85,012 shares in the last quarter. Ameriprise Financial Inc. boosted its position in Prologis by 0.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 6,837,026 shares of the real estate investment trust’s stock worth $778,528,000 after purchasing an additional 31,456 shares in the last quarter. Finally, Amundi boosted its position in Prologis by 22.0% in the 3rd quarter. Amundi now owns 5,651,563 shares of the real estate investment trust’s stock worth $661,968,000 after purchasing an additional 1,020,819 shares in the last quarter. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Prologis

Here are the key news stories impacting Prologis this week:

Positive Sentiment: Creates a new fee‑earning platform and expands AUM — Prologis and La Caisse launched Prologis Logistics Investment Venture Europe (PLIVE), a pan‑European JV anchored by ~€1 billion of logistics properties; Prologis will serve as operating partner and provide asset management and development expertise, which should grow fee revenue and platform scale. La Caisse and Prologis Launch Pan-European Logistics Joint Venture
Positive Sentiment: Institutional capital and geographic diversification — Partnering with La Caisse brings deep institutional capital and spreads exposure across France, Germany, the Netherlands, Sweden and the U.K., supporting development and leasing opportunities in Europe. La Caisse and Prologis Launch Pan-European Logistics Joint Venture (Yahoo)
Neutral Sentiment: Deal economics and structure — The JV is initially seeded with ~€1B of assets and is organized with La Caisse holding a ~70% interest and Prologis a ~30% economic stake while Prologis remains the operating partner; the structure favors fee income and asset‑light expansion but limits full profit capture. Prologis Partners For $1.2 Billion Logistics Platform In Europe (Benzinga)
Negative Sentiment: Minority economic ownership may temper near‑term EPS/FFO upside — Because Prologis is the operating partner with a minority stake, investors may see less immediate earnings and FFO accretion versus owning the underlying assets outright; market also weighs currency and regional risks in Europe. Prologis, Caisse in US$1.2 billion logistics joint venture (Financial Post)

Prologis Trading Down 0.6%

Shares of NYSE:PLD opened at $137.21 on Friday. Prologis, Inc. has a 1 year low of $92.52 and a 1 year high of $143.95. The firm has a market capitalization of $127.91 billion, a price-to-earnings ratio of 38.65, a price-to-earnings-growth ratio of 3.26 and a beta of 1.40. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.58 and a quick ratio of 0.58. The business’s 50 day moving average price is $135.63 and its 200-day moving average price is $128.81.

Prologis (NYSE:PLD – Get Free Report) last announced its earnings results on Wednesday, January 21st. The real estate investment trust reported $1.44 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.44. The firm had revenue of $2.25 billion for the quarter, compared to analyst estimates of $2.09 billion. Prologis had a return on equity of 5.79% and a net margin of 37.86%.The business’s revenue was up 7.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.42 EPS. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. On average, equities research analysts forecast that Prologis, Inc. will post 5.73 earnings per share for the current fiscal year.

Prologis Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were issued a $1.07 dividend. This represents a $4.28 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date was Tuesday, March 17th. This is an increase from Prologis’s previous quarterly dividend of $1.01. Prologis’s payout ratio is 120.56%.

Wall Street Analyst Weigh In

PLD has been the topic of several recent research reports. Scotiabank upgraded Prologis from a “sector perform” rating to a “sector outperform” rating and upped their price objective for the stock from $133.00 to $146.00 in a research report on Wednesday, January 14th. Royal Bank Of Canada upped their price objective on Prologis from $132.00 to $135.00 and gave the stock a “sector perform” rating in a research report on Monday, February 2nd. BNP Paribas Exane upped their price objective on Prologis from $129.00 to $140.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 21st. Weiss Ratings restated a “buy (b-)” rating on shares of Prologis in a research report on Friday, March 27th. Finally, BMO Capital Markets restated a “market perform” rating and issued a $123.00 price objective on shares of Prologis in a research report on Thursday, January 22nd. Fourteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $138.26.

Get Our Latest Research Report on PLD

Prologis Profile

(Free Report)

Prologis, Inc is a real estate investment trust (REIT) specializing in logistics and distribution facilities. The company focuses on acquiring, developing, and managing high-quality industrial real estate assets that support supply chain infrastructure for third-party logistics providers, e-commerce businesses, retailers and manufacturers. Its portfolio primarily consists of warehouse and distribution centers designed to optimize goods movement and storage near key transportation hubs.