AIA Group Ltd Has $27.30 Million Stock Holdings in Prologis, Inc. $PLD

Key Points

• AIA Group trimmed its stake in Prologis by 39.7% in Q3 and now owns 238,378 shares worth about $27.30 million, representing roughly 0.5% of AIA's portfolio and Prologis's 27th-largest holding.
• Q results and guidance: Prologis reported Q EPS of $1.44 (in line with estimates) and revenue of $2.25 billion (beat), and set FY2026 guidance of 6.00–6.20 EPS.
• Dividend and analyst view: Prologis raised its quarterly dividend to $1.07 (annualized $4.28, ~3.3% yield) with a payout ratio of 120.56%, while analysts hold a consensus "Moderate Buy" and an average price target of $137.20.

AIA Group Ltd trimmed its stake in Prologis, Inc. (NYSE:PLD - Free Report) by 39.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 238,378 shares of the real estate investment trust's stock after selling 157,015 shares during the quarter. Prologis makes up about 0.5% of AIA Group Ltd's portfolio, making the stock its 27th biggest holding. AIA Group Ltd's holdings in Prologis were worth $27,299,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Mirabella Financial Services LLP raised its stake in shares of Prologis by 154.3% during the 3rd quarter. Mirabella Financial Services LLP now owns 17,738 shares of the real estate investment trust's stock worth $2,027,000 after purchasing an additional 10,762 shares in the last quarter. Hudson Bay Capital Management LP raised its position in Prologis by 128.7% during the third quarter. Hudson Bay Capital Management LP now owns 3,882 shares of the real estate investment trust's stock worth $445,000 after acquiring an additional 17,431 shares in the last quarter. Allworth Financial LP raised its position in Prologis by 2.2% during the third quarter. Allworth Financial LP now owns 234,768 shares of the real estate investment trust's stock worth $26,886,000 after acquiring an additional 5,071 shares in the last quarter. IFP Advisors Inc lifted its stake in Prologis by 8.7% in the third quarter. IFP Advisors Inc now owns 4,816 shares of the real estate investment trust's stock valued at $552,000 after acquiring an additional 384 shares during the last quarter. Finally, Swiss Life Asset Management Ltd lifted its stake in Prologis by 19.6% in the third quarter. Swiss Life Asset Management Ltd now owns 172,836 shares of the real estate investment trust's stock valued at $19,793,000 after acquiring an additional 28,349 shares during the last quarter. Institutional investors and hedge funds own 93.50% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Wall Street Zen lowered shares of Prologis from a "hold" rating to a "sell" rating in a research note on Saturday, February 7th. Mizuho raised their target price on shares of Prologis from $138.00 to $143.00 and gave the company an "outperform" rating in a research note on Monday, January 26th. Citigroup initiated coverage on Prologis in a report on Thursday, March 5th. They set a "buy" rating and a $145.00 price target for the company. BNP Paribas Exane boosted their price target on Prologis from $129.00 to $140.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 21st. Finally, Royal Bank Of Canada upped their price objective on Prologis from $132.00 to $135.00 and gave the company a "sector perform" rating in a research note on Monday, February 2nd. Fourteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $137.20.

Prologis Price Performance

Shares of Prologis stock opened at $131.20 on Thursday. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.61. The stock has a market capitalization of $121.96 billion, a price-to-earnings ratio of 36.96, a price-to-earnings-growth ratio of 3.15 and a beta of 1.41. Prologis, Inc. has a twelve month low of $85.35 and a twelve month high of $143.95. The company has a 50-day simple moving average of $134.79 and a two-hundred day simple moving average of $126.68.

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, hitting analysts' consensus estimates of $1.44. Prologis had a net margin of 37.86% and a return on equity of 5.79%. The firm had revenue of $2.25 billion for the quarter, compared to analyst estimates of $2.09 billion. During the same quarter in the prior year, the business posted $1.42 EPS. The business's revenue was up 7.8% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. Analysts forecast that Prologis, Inc. will post 5.73 EPS for the current year.

Prologis Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be paid a dividend of $1.07 per share. This is a boost from Prologis's previous quarterly dividend of $1.01. The ex-dividend date is Tuesday, March 17th. This represents a $4.28 dividend on an annualized basis and a yield of 3.3%. Prologis's dividend payout ratio is 120.56%.

Prologis Profile

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.

With a global presence, Prologis serves customers across the Americas, Europe and Asia Pacific.

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