Comerica Bank cut its stake in shares of Prudential Public Limited Company (NYSE:PUK) by 6.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,903 shares of the financial services provider’s stock after selling 4,871 shares during the period. Comerica Bank’s holdings in Prudential Public Limited were worth $3,368,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in PUK. Proficio Capital Partners LLC raised its position 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 buying an additional 21 shares in the last quarter. Huntington National Bank raised its position 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 buying an additional 950 shares in the last quarter. PNC Financial Services Group Inc. raised its position 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 buying an additional 1,747 shares in the last quarter. Grove Bank & Trust raised its position 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 buying an additional 1,210 shares in the last quarter. Finally, Savant Capital LLC purchased a new position in Prudential Public Limited during the second quarter valued at $225,000. 1.60% of the stock is currently owned by institutional investors and hedge funds.

Shares of Prudential Public Limited Company (NYSE PUK) opened at 46.93 on Friday. The company’s 50 day moving average price is $47.23 and its 200 day moving average price is $44.57. The stock has a market capitalization of $60.41 billion, a P/E ratio of 17.08 and a beta of 1.59. Prudential Public Limited Company has a one year low of $32.52 and a one year high of $49.67.

The business also recently declared a semiannual dividend, which will be paid on Thursday, October 5th. Stockholders of record on Friday, August 25th will be paid a dividend of $0.3765 per share. The ex-dividend date is Wednesday, August 23rd. This represents a dividend yield of 1.62%.

COPYRIGHT VIOLATION NOTICE: This report was originally published by Watch List News and is the sole property of of Watch List News. If you are reading this report on another website, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright legislation. The legal version of this report can be read at https://www.watchlistnews.com/prudential-public-limited-company-puk-shares-sold-by-comerica-bank/1535430.html.

Several equities analysts have recently weighed in on the company. Zacks Investment Research raised Prudential Public Limited from a “hold” rating to a “buy” rating and set a $52.00 price objective on the stock in a research note on Thursday. BidaskClub lowered Prudential Public Limited from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 12th. Finally, Goldman Sachs Group, Inc. (The) downgraded Prudential Public Limited from a “conviction-buy” rating to a “buy” rating in a report on Monday, May 8th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $52.00.

About Prudential Public Limited

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.

Want to see what other hedge funds are holding PUK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Prudential Public Limited Company (NYSE:PUK).

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

Receive News & Ratings for Prudential Public Limited Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prudential Public Limited Company and related companies with Analyst Ratings Network's FREE daily email newsletter.