AMG National Trust Bank Buys 1,004 Shares of Prudential Public Limited Company $PUK

AMG National Trust Bank raised its stake in shares of Prudential Public Limited Company (NYSE:PUK) by 0.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 136,574 shares of the financial services provider’s stock after acquiring an additional 1,004 shares during the quarter. AMG National Trust Bank’s holdings in Prudential Public were worth $3,417,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Smartleaf Asset Management LLC boosted its position in Prudential Public by 38.1% during the 1st quarter. Smartleaf Asset Management LLC now owns 2,563 shares of the financial services provider’s stock valued at $55,000 after acquiring an additional 707 shares in the last quarter. SVB Wealth LLC bought a new stake in Prudential Public during the 1st quarter valued at $60,000. Geneos Wealth Management Inc. boosted its position in Prudential Public by 86.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 3,683 shares of the financial services provider’s stock valued at $79,000 after acquiring an additional 1,709 shares in the last quarter. National Bank of Canada FI boosted its position in Prudential Public by 29.0% during the 1st quarter. National Bank of Canada FI now owns 3,925 shares of the financial services provider’s stock valued at $84,000 after acquiring an additional 883 shares in the last quarter. Finally, Allianz SE bought a new stake in Prudential Public during the 1st quarter valued at $88,000. Institutional investors own 1.90% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on PUK shares. Barclays reaffirmed an “overweight” rating on shares of Prudential Public in a research report on Monday, September 8th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Prudential Public in a report on Tuesday, October 14th. Morgan Stanley reaffirmed an “overweight” rating on shares of Prudential Public in a research report on Wednesday. Wall Street Zen lowered Prudential Public from a “buy” rating to a “hold” rating in a research report on Saturday, August 30th. Finally, UBS Group reaffirmed a “buy” rating on shares of Prudential Public in a research report on Thursday, August 28th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Prudential Public Stock Performance

Shares of PUK stock opened at $28.09 on Friday. The business has a fifty day moving average of $27.32 and a 200 day moving average of $25.05. Prudential Public Limited Company has a 1 year low of $14.39 and a 1 year high of $28.32.

Prudential Public Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, October 16th. Investors of record on Friday, September 5th were paid a $0.1542 dividend. The ex-dividend date was Friday, September 5th. This represents a yield of 117.0%.

Prudential Public Company Profile

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.