Vinva Investment Management Ltd Sells 16,921 Shares of Prudential Financial, Inc. $PRU

Vinva Investment Management Ltd decreased its position in Prudential Financial, Inc. (NYSE:PRU) by 30.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 37,755 shares of the financial services provider’s stock after selling 16,921 shares during the quarter. Vinva Investment Management Ltd’s holdings in Prudential Financial were worth $3,920,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Chilton Capital Management LLC grew its holdings in Prudential Financial by 146.5% in the 3rd quarter. Chilton Capital Management LLC now owns 350 shares of the financial services provider’s stock valued at $36,000 after buying an additional 208 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of Prudential Financial during the second quarter worth $36,000. AlphaCore Capital LLC bought a new stake in shares of Prudential Financial in the second quarter valued at about $39,000. Capital A Wealth Management LLC grew its stake in shares of Prudential Financial by 4,600.0% in the second quarter. Capital A Wealth Management LLC now owns 376 shares of the financial services provider’s stock valued at $39,000 after acquiring an additional 368 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new position in Prudential Financial during the second quarter worth about $51,000. 56.83% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. UBS Group lifted their price objective on shares of Prudential Financial from $111.00 to $116.00 and gave the stock a “neutral” rating in a research note on Thursday, January 8th. Mizuho lowered their target price on shares of Prudential Financial from $126.00 to $113.00 and set a “neutral” rating on the stock in a report on Tuesday, February 10th. Evercore reiterated a “negative” rating on shares of Prudential Financial in a research report on Friday. Piper Sandler increased their price target on Prudential Financial from $110.00 to $120.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 23rd. Finally, JPMorgan Chase & Co. lowered their price objective on Prudential Financial from $133.00 to $127.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 4th. One analyst has rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $115.00.

Prudential Financial Trading Down 2.1%

Shares of Prudential Financial stock opened at $97.08 on Monday. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.58. Prudential Financial, Inc. has a 12-month low of $90.38 and a 12-month high of $119.76. The company has a market capitalization of $33.78 billion, a price-to-earnings ratio of 9.71, a PEG ratio of 1.12 and a beta of 0.98. The firm’s 50-day moving average price is $107.68 and its two-hundred day moving average price is $107.07.

Prudential Financial (NYSE:PRU) last issued its earnings results on Tuesday, February 3rd. The financial services provider reported $3.30 EPS for the quarter, missing the consensus estimate of $3.37 by ($0.07). Prudential Financial had a net margin of 6.20% and a return on equity of 16.32%. The firm had revenue of $15.69 billion during the quarter, compared to analyst estimates of $14.48 billion. During the same quarter in the previous year, the firm posted $2.96 earnings per share. On average, analysts forecast that Prudential Financial, Inc. will post 14.36 earnings per share for the current fiscal year.

Prudential Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Tuesday, February 17th will be given a dividend of $1.40 per share. This is an increase from Prudential Financial’s previous quarterly dividend of $1.35. This represents a $5.60 annualized dividend and a yield of 5.8%. The ex-dividend date is Tuesday, February 17th. Prudential Financial’s dividend payout ratio (DPR) is presently 56.00%.

Insider Activity

In other Prudential Financial news, EVP Jacques Chappuis bought 1,000 shares of Prudential Financial stock in a transaction on Friday, February 6th. The shares were purchased at an average price of $100.97 per share, with a total value of $100,970.00. Following the acquisition, the executive vice president owned 1,000 shares in the company, valued at $100,970. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Joseph J. Wolk purchased 400 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The stock was acquired at an average price of $105.32 per share, for a total transaction of $42,128.00. Following the purchase, the director owned 400 shares in the company, valued at approximately $42,128. The trade was a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders purchased 1,408,389 shares of company stock valued at $35,154,439. Corporate insiders own 0.25% of the company’s stock.

Key Stories Impacting Prudential Financial

Here are the key news stories impacting Prudential Financial this week:

• Positive Sentiment: Dividend/total-return narratives and bullish dividend-appeal articles remind income-focused investors of PRU’s attractive yield and could support buying interest. Prudential (PRU) Could Be a Great Choice
• Neutral Sentiment: Analyst consensus sits around “Hold” and coverage notes the stock’s recent weakness; this provides little directional catalyst but frames expectations. Prudential Financial, Inc. (NYSE:PRU) Receives Average Recommendation of “Hold” from Analysts
• Neutral Sentiment: Options-market flow has shown elevated activity, signaling increased volatility expectations but not a clear directional bet — watch implied vol and large strikes for clues to near-term moves. Is the Options Market Predicting a Spike in PRU Stock?
• Negative Sentiment: Prudential’s Japanese subsidiary reported employees improperly removed/shared information with contracted agencies — a data-handling incident that creates operational, regulatory and reputational risk in Asia and is a clear near-term negative for sentiment. Prudential Japan Subsidiary Finds Employees Improperly Shared Information
• Negative Sentiment: Follow-ups and regional updates (Prudential Gibraltar/Japan) provide more detail on the scope (multiple seconded employees implicated), reinforcing uncertainty around compliance and potential costs. Prudential Gibraltar Addresses Data Handling Incident in Japan
• Negative Sentiment: Recent analyst moves have trimmed targets: Morgan Stanley cut its PRU price target (and kept an Equal Weight) and Wells Fargo downgraded to Underweight and lowered its target — analyst downgrades reduce buying conviction and can pressure the stock. Morgan Stanley Reduces Prudential Financial (PRU) Price Target after Updating Insurance Estimates
• Negative Sentiment: Wells Fargo’s downgrade and lower target (cites lack of near-term catalysts) adds to the sell-side pressure and helps explain recent share weakness. Wells Fargo Downgrades Prudential Financial, Inc. (PRU) to Underweight and Lowers its Price Target to $103

Prudential Financial Profile

Prudential Financial, Inc, headquartered in Newark, New Jersey, is a diversified financial services company with roots dating to 1875. The firm provides a range of insurance, retirement and investment products aimed at helping individual and institutional clients manage risk, accumulate and protect wealth, and plan for retirement. Prudential’s long history in life insurance and related financial services has positioned it as a major participant in the U.S. insurance market and a provider of services to a broad client base.

Prudential’s core business activities include individual life insurance, annuities, retirement solutions and group insurance products for employers.