BlackRock Inc. acquired a new stake in Prologis during the second quarter.
The asset manager purchased over 103 million shares.
The position is valued at approximately $14 billion.
This investment represents an 11.08% ownership stake in the real estate investment trust.
Mitsubishi UFJ Asset Management Co. Ltd. also bought a new position worth over $417 million.
Pallas Capital Advisors LLC initiated a stake valued at roughly $3.4 million.
Analysts currently maintain a Moderate Buy consensus rating for the stock.