Altrius Capital Management Inc Grows Stock Holdings in Prudential plc (NYSE:PUK)

Altrius Capital Management Inc grew its stake in shares of Prudential plc (NYSE:PUK) by 3.9% during the 4th quarter, HoldingsChannel reports. The fund owned 278,654 shares of the financial services provider’s stock after buying an additional 10,430 shares during the period. Prudential comprises 1.7% of Altrius Capital Management Inc’s portfolio, making the stock its 22nd biggest holding. Altrius Capital Management Inc’s holdings in Prudential were worth $6,256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Causeway Capital Management LLC lifted its holdings in Prudential by 42.1% during the 3rd quarter. Causeway Capital Management LLC now owns 1,328,428 shares of the financial services provider’s stock worth $29,119,000 after purchasing an additional 393,374 shares in the last quarter. Ramirez Asset Management Inc. bought a new stake in shares of Prudential during the third quarter valued at about $4,740,000. Envestnet Asset Management Inc. lifted its holdings in shares of Prudential by 31.5% in the third quarter. Envestnet Asset Management Inc. now owns 729,427 shares of the financial services provider’s stock worth $15,989,000 after buying an additional 174,838 shares in the last quarter. Northern Trust Corp boosted its position in shares of Prudential by 11.2% in the third quarter. Northern Trust Corp now owns 1,331,838 shares of the financial services provider’s stock valued at $29,194,000 after acquiring an additional 134,347 shares during the period. Finally, Qube Research & Technologies Ltd grew its stake in Prudential by 677.7% during the third quarter. Qube Research & Technologies Ltd now owns 140,250 shares of the financial services provider’s stock valued at $3,074,000 after acquiring an additional 122,216 shares in the last quarter. 1.90% of the stock is owned by institutional investors.

Prudential Price Performance

Prudential stock traded up $0.49 during midday trading on Monday, reaching $18.80. 1,477,906 shares of the stock were exchanged, compared to its average volume of 903,951. The company’s fifty day moving average is $19.41 and its 200-day moving average is $20.85. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.03 and a current ratio of 0.03. Prudential plc has a 52 week low of $17.12 and a 52 week high of $30.91.

Prudential Increases Dividend

The firm also recently disclosed a Semi-Annual dividend, which will be paid on Thursday, May 16th. Investors of record on Tuesday, April 2nd will be paid a dividend of $0.2842 per share. This is a positive change from Prudential’s previous Semi-Annual dividend of $0.24. The ex-dividend date of this dividend is Monday, April 1st.

About Prudential

Prudential plc, through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa. The company was founded in 1848 and is headquartered in Central, Hong Kong.