UBS Asset Management Americas Inc. boosted its holdings in Prudential Public Limited Company (NYSE:PUK) by 9.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 163,308 shares of the financial services provider’s stock after acquiring an additional 13,828 shares during the period. UBS Asset Management Americas Inc.’s holdings in Prudential Public Limited were worth $7,514,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Proficio Capital Partners LLC lifted its holdings in Prudential Public Limited by 1.0% in the second quarter. Proficio Capital Partners LLC now owns 2,043 shares of the financial services provider’s stock valued at $100,000 after acquiring an additional 21 shares during the last quarter. Bronfman E.L. Rothschild L.P. lifted its holdings in Prudential Public Limited by 21.2% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 2,343 shares of the financial services provider’s stock valued at $108,000 after acquiring an additional 410 shares during the last quarter. Huntington National Bank lifted its holdings in Prudential Public Limited by 53.3% in the second quarter. Huntington National Bank now owns 2,734 shares of the financial services provider’s stock valued at $126,000 after acquiring an additional 950 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in Prudential Public Limited by 156.8% in the first quarter. PNC Financial Services Group Inc. now owns 2,861 shares of the financial services provider’s stock valued at $121,000 after acquiring an additional 1,747 shares during the last quarter. Finally, Grove Bank & Trust lifted its holdings 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 valued at $136,000 after acquiring an additional 1,210 shares during the last quarter. Hedge funds and other institutional investors own 1.60% of the company’s stock.

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Prudential Public Limited Company (PUK) opened at 47.69 on Friday. The firm has a market capitalization of $61.39 billion, a PE ratio of 16.92 and a beta of 1.59. The company has a 50-day moving average price of $47.08 and a 200-day moving average price of $45.70. Prudential Public Limited Company has a 12-month low of $32.52 and a 12-month high of $49.67.

The company also recently announced a semiannual dividend, which was paid on Thursday, October 5th. Shareholders of record on Friday, August 25th were paid a $0.3765 dividend. The ex-dividend date of this dividend was Wednesday, August 23rd. This represents a yield of 1.62%.

A number of research firms recently commented on PUK. BidaskClub upgraded Prudential Public Limited from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 5th. Zacks Investment Research upgraded Prudential Public Limited from a “hold” rating to a “buy” rating and set a $54.00 price objective on the stock in a report on Saturday, September 23rd. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $54.00.

Prudential Public Limited Profile

Prudential Public Limited Company is an 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. The retail financial products and services include life insurance, pensions and annuities as well as collective investment schemes.

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

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