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flag Bessemer Group cuts Prologis holdings by 60%, while Scotia Capital increases stake; Prologis stock hits 12-month low.

flag Bessemer Group Inc. sold 1,285,409 shares of Prologis, Inc., reducing their holdings by 60%, while Scotia Capital Inc. increased its stake by 20.4%, buying 82,490 shares. flag Prologis, a global leader in logistics real estate, saw its stock hit a new 12-month low but remains rated a "Moderate Buy" with a consensus price target of $126.78. flag The company's stock closed at $98.44 after trading as low as $85.35, with a market cap of $91.25 billion.

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