Forward Management LLC increased its stake in Prudential Public Limited Company (NYSE:PUK) by 29.6% during the second quarter, Holdings Channel reports. The fund owned 51,577 shares of the financial services provider’s stock after buying an additional 11,790 shares during the period. Forward Management LLC’s holdings in Prudential Public Limited were worth $2,373,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Wetherby Asset Management Inc. increased its position in Prudential Public Limited by 11.3% in the second quarter. Wetherby Asset Management Inc. now owns 19,792 shares of the financial services provider’s stock valued at $911,000 after buying an additional 2,003 shares during the last quarter. TD Asset Management Inc. boosted its stake in Prudential Public Limited by 4.4% in the second quarter. TD Asset Management Inc. now owns 148,862 shares of the financial services provider’s stock worth $7,409,000 after buying an additional 6,282 shares during the last quarter. Sei Investments Co. boosted its stake in Prudential Public Limited by 29.7% in the second quarter. Sei Investments Co. now owns 146,041 shares of the financial services provider’s stock worth $6,719,000 after buying an additional 33,462 shares during the last quarter. Grove Bank & Trust boosted its stake in Prudential Public Limited by 69.1% in the second quarter. Grove Bank & Trust now owns 2,960 shares of the financial services provider’s stock worth $136,000 after buying an additional 1,210 shares during the last quarter. Finally, Greenleaf Trust boosted its stake in Prudential Public Limited by 8.7% in the second quarter. Greenleaf Trust now owns 8,170 shares of the financial services provider’s stock worth $376,000 after buying an additional 655 shares during the last quarter. Institutional investors own 1.66% of the company’s stock.

Shares of Prudential Public Limited Company (NYSE PUK) opened at 47.17 on Friday. The company has a 50-day moving average of $47.03 and a 200-day moving average of $43.81. The company has a market cap of $60.62 billion, a PE ratio of 23.82 and a beta of 1.59. Prudential Public Limited Company has a 1-year low of $32.52 and a 1-year high of $49.67.

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A number of analysts recently weighed in on PUK shares. Zacks Investment Research raised shares of Prudential Public Limited from a “sell” rating to a “hold” rating in a research note on Thursday, April 27th. BidaskClub raised shares of Prudential Public Limited from a “hold” rating to a “buy” rating in a research note on Thursday, June 29th. Finally, Goldman Sachs Group, Inc. (The) reissued a “buy” rating on shares of Prudential Public Limited in a research note on Thursday, April 20th. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $52.00.

Prudential Public Limited Company Profile

Prudential Public Limited Company (Prudential) is a United Kingdom-based international financial services company. The Company offers a range of retail financial products and services and asset management services throughout these territories. The Company operates through Insurance operations and Asset management operations.

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

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