ETRADE Capital Management LLC lifted its holdings in shares of Prudential Public Limited (NYSE:PUK) by 13.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 134,788 shares of the financial services provider’s stock after buying an additional 16,093 shares during the period. ETRADE Capital Management LLC’s holdings in Prudential Public were worth $5,906,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of PUK. United Capital Financial Advisers LLC increased its holdings in shares of Prudential Public by 65.3% during the second quarter. United Capital Financial Advisers LLC now owns 17,407 shares of the financial services provider’s stock worth $763,000 after purchasing an additional 6,876 shares during the period. Parametric Portfolio Associates LLC increased its holdings in shares of Prudential Public by 3.1% during the second quarter. Parametric Portfolio Associates LLC now owns 1,316,095 shares of the financial services provider’s stock worth $57,671,000 after purchasing an additional 39,032 shares during the period. MML Investors Services LLC increased its holdings in shares of Prudential Public by 22.9% during the second quarter. MML Investors Services LLC now owns 6,898 shares of the financial services provider’s stock worth $302,000 after purchasing an additional 1,286 shares during the period. Natixis Advisors L.P. increased its holdings in shares of Prudential Public by 3.6% during the second quarter. Natixis Advisors L.P. now owns 364,305 shares of the financial services provider’s stock worth $15,964,000 after purchasing an additional 12,558 shares during the period. Finally, Pacer Advisors Inc. bought a new position in shares of Prudential Public during the second quarter worth approximately $200,000. Institutional investors own 1.98% of the company’s stock.

Shares of NYSE PUK traded down $0.13 during trading hours on Thursday, hitting $36.89. 26,654 shares of the stock were exchanged, compared to its average volume of 277,096. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.04 and a current ratio of 0.42. The company has a market cap of $46.11 billion, a PE ratio of 7.38, a price-to-earnings-growth ratio of 0.96 and a beta of 1.47. The company’s fifty day simple moving average is $36.40 and its two-hundred day simple moving average is $41.16. Prudential Public Limited has a 1-year low of $31.84 and a 1-year high of $47.63.

The company also recently declared a dividend, which will be paid on Thursday, October 3rd. Investors of record on Friday, August 23rd will be given a dividend of $0.397 per share. This is a positive change from Prudential Public’s previous dividend of $0.34. The ex-dividend date of this dividend is Thursday, August 22nd. Prudential Public’s dividend payout ratio (DPR) is currently 15.99%.

Several brokerages have recently commented on PUK. Zacks Investment Research raised shares of Prudential Public from a “sell” rating to a “hold” rating in a report on Wednesday. ValuEngine upgraded shares of Prudential Public from a “sell” rating to a “hold” rating in a research report on Friday, May 17th. Finally, Citigroup upgraded shares of Prudential Public from a “neutral” rating to a “buy” rating in a research report on Monday, June 10th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. The stock presently has an average rating of “Hold”.

About Prudential Public

Prudential plc, through its subsidiaries, provides a range of retail financial products and services, and asset management services in Asia, the United States, the United Kingdom, Europe, and Africa. The company offers health and protection, as well as other life insurance products, including participating business; mutual funds; and personal lines property and casualty insurance, group insurance, and institutional fund management services.

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Institutional Ownership by Quarter for Prudential Public (NYSE:PUK)

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