Mark FitzPatrick Buys 10 Shares of Prudential (PRU) Stock

Posted by on Apr 18th, 2018 // No Comments

Prudential (LON:PRU) insider Mark FitzPatrick acquired 10 shares of the stock in a transaction that occurred on Monday, April 9th. The shares were bought at an average price of GBX 1,779 ($25.47) per share, for a total transaction of £177.90 ($254.73).

Mark FitzPatrick also recently made the following trade(s):

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  • On Thursday, February 8th, Mark FitzPatrick bought 10 shares of Prudential stock. The shares were acquired at an average cost of GBX 1,810 ($25.92) per share, with a total value of £181 ($259.16).

Shares of PRU opened at GBX 1,829 ($26.19) on Wednesday. Prudential has a 1-year low of GBX 1,612.14 ($23.08) and a 1-year high of GBX 1,992.50 ($28.53).

Prudential (LON:PRU) last announced its quarterly earnings data on Wednesday, March 14th. The financial services provider reported GBX 145.20 ($2.08) earnings per share for the quarter, beating analysts’ consensus estimates of GBX 139 ($1.99) by GBX 6.20 ($0.09). The company had revenue of GBX 4,400.50 billion during the quarter. Prudential had a net margin of 3.50% and a return on equity of 19.94%.

The firm also recently announced a dividend, which will be paid on Friday, May 18th. Shareholders of record on Thursday, March 29th will be given a dividend of GBX 32.50 ($0.47) per share. This is an increase from Prudential’s previous dividend of $14.50. The ex-dividend date is Thursday, March 29th. This represents a yield of 1.7%.

A number of brokerages have recently issued reports on PRU. Barclays reissued an “overweight” rating on shares of Prudential in a research note on Wednesday, January 24th. Goldman Sachs set a GBX 2,290 ($32.79) price objective on shares of Prudential and gave the stock a “buy” rating in a research note on Wednesday, February 14th. UBS set a GBX 2,400 ($34.36) target price on shares of Prudential and gave the company a “buy” rating in a research note on Thursday, March 15th. HSBC reaffirmed a “buy” rating on shares of Prudential in a research note on Wednesday, March 21st. Finally, Citigroup set a GBX 2,186 ($31.30) target price on shares of Prudential and gave the company a “buy” rating in a research note on Friday, January 12th. Five investment analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. Prudential has an average rating of “Buy” and an average target price of GBX 2,119.11 ($30.34).

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About Prudential

Prudential plc, together with 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 and mutual funds; and personal lines property and casualty insurance, group insurance, and institutional fund management services.

Insider Buying and Selling by Quarter for Prudential (LON:PRU)

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