Advisor Partners LLC Boosts Holdings in Prudential Public Limited (NYSE:PUK)

Share on StockTwits

Advisor Partners LLC boosted its position in shares of Prudential Public Limited (NYSE:PUK) by 23.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,630 shares of the financial services provider’s stock after acquiring an additional 2,221 shares during the period. Advisor Partners LLC’s holdings in Prudential Public were worth $423,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Motco purchased a new stake in Prudential Public during the second quarter valued at approximately $26,000. Tower Research Capital LLC TRC lifted its position in Prudential Public by 529.9% during the second quarter. Tower Research Capital LLC TRC now owns 800 shares of the financial services provider’s stock valued at $35,000 after acquiring an additional 673 shares during the last quarter. Advisory Services Network LLC lifted its position in Prudential Public by 681.1% during the second quarter. Advisory Services Network LLC now owns 1,031 shares of the financial services provider’s stock valued at $45,000 after acquiring an additional 899 shares during the last quarter. Pacer Advisors Inc. purchased a new stake in Prudential Public during the second quarter valued at approximately $200,000. Finally, 180 Wealth Advisors LLC purchased a new stake in Prudential Public during the second quarter valued at approximately $231,000. 1.99% of the stock is owned by institutional investors.

Shares of Prudential Public stock opened at $38.83 on Monday. Prudential Public Limited has a 12-month low of $31.84 and a 12-month high of $46.50. The firm has a market capitalization of $49.75 billion, a price-to-earnings ratio of 7.86, a PEG ratio of 1.06 and a beta of 1.47. The firm’s 50 day simple moving average is $35.76 and its two-hundred day simple moving average is $40.23.

The business also recently declared a dividend, which was paid on Thursday, October 3rd. Shareholders of record on Friday, August 23rd were paid a dividend of $0.397 per share. This is a positive change from Prudential Public’s previous dividend of $0.34. The ex-dividend date of this dividend was Thursday, August 22nd. Prudential Public’s dividend payout ratio is presently 16.40%.

A number of brokerages have issued reports on PUK. Macquarie began coverage on shares of Prudential Public in a research note on Wednesday, October 2nd. They set an “outperform” rating on the stock. Zacks Investment Research upgraded shares of Prudential Public from a “sell” rating to a “hold” rating in a research note on Tuesday, October 1st. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. Prudential Public presently has a consensus rating of “Hold”.

Prudential Public Profile

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

Read More: Market Capitalization – What it Means for Investors

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 (NYSE:PUK).

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

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.