Vestmark Advisory Solutions Inc. decreased its position in shares of Prudential Public Limited Company (NYSE:PUK – Free Report) by 65.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,131 shares of the financial services provider’s stock after selling 37,623 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Prudential Public were worth $504,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors also recently modified their holdings of the company. Smartleaf Asset Management LLC grew its position in Prudential Public by 38.1% in the 1st quarter. Smartleaf Asset Management LLC now owns 2,563 shares of the financial services provider’s stock valued at $55,000 after purchasing an additional 707 shares during the period. SVB Wealth LLC bought a new position in shares of Prudential Public in the first quarter valued at $60,000. Geneos Wealth Management Inc. grew its holdings in shares of Prudential Public by 86.6% during the first quarter. Geneos Wealth Management Inc. now owns 3,683 shares of the financial services provider’s stock valued at $79,000 after buying an additional 1,709 shares during the last quarter. National Bank of Canada FI increased its position in shares of Prudential Public by 29.0% during the first quarter. National Bank of Canada FI now owns 3,925 shares of the financial services provider’s stock worth $84,000 after acquiring an additional 883 shares in the last quarter. Finally, Allianz SE acquired a new stake in shares of Prudential Public in the 1st quarter worth about $88,000. 1.90% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
PUK has been the subject of a number of analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Prudential Public in a research note on Tuesday, October 14th. Barclays restated an “overweight” rating on shares of Prudential Public in a report on Monday, September 8th. UBS Group reiterated a “buy” rating on shares of Prudential Public in a report on Thursday, August 28th. Morgan Stanley reaffirmed an “overweight” rating on shares of Prudential Public in a report on Wednesday, October 29th. Finally, Wall Street Zen lowered shares of Prudential Public from a “buy” rating to a “hold” rating in a research note on Saturday, August 30th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.
Prudential Public Trading Up 0.4%
Shares of Prudential Public stock opened at $28.87 on Wednesday. The business’s fifty day simple moving average is $27.63 and its 200 day simple moving average is $25.54. Prudential Public Limited Company has a 12 month low of $14.39 and a 12 month high of $28.93.
Prudential Public Announces Dividend
The business also recently declared a dividend, which was paid on Thursday, October 16th. Investors of record on Friday, September 5th were issued a $0.1542 dividend. This represents a dividend yield of 117.0%. The ex-dividend date of this dividend was Friday, September 5th.
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.
See Also
- Five stocks we like better than Prudential Public
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- 3 Beaten-Down Stocks With Rebound Potential This Earnings Season
- Election Stocks: How Elections Affect the Stock Market
- Amazon Is One of the Clearest Buys If the Market Dips Again
- How to Invest in the Best Canadian StocksĀ
- CoreWeave’s Guidance Cut: A Buying Opportunity in Disguise?
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 – Free Report).
Receive News & Ratings for Prudential Public Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prudential Public and related companies with MarketBeat.com's FREE daily email newsletter.
