Quadrant Capital Group LLC Boosts Stake in Prudential Public Limited Company (PUK)

Quadrant Capital Group LLC lifted its stake in shares of Prudential Public Limited Company (NYSE:PUK) by 11.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,282 shares of the financial services provider’s stock after buying an additional 347 shares during the period. Quadrant Capital Group LLC’s holdings in Prudential Public Limited were worth $137,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of PUK. Royal Bank of Canada lifted its position in Prudential Public Limited by 1.2% during the second quarter. Royal Bank of Canada now owns 542,866 shares of the financial services provider’s stock valued at $24,977,000 after purchasing an additional 6,634 shares during the period. Goldman Sachs Group Inc. lifted its position in Prudential Public Limited by 13.5% during the second quarter. Goldman Sachs Group Inc. now owns 433,985 shares of the financial services provider’s stock valued at $19,968,000 after purchasing an additional 51,662 shares during the period. Stifel Financial Corp lifted its position in Prudential Public Limited by 8.3% during the second quarter. Stifel Financial Corp now owns 26,705 shares of the financial services provider’s stock valued at $1,230,000 after purchasing an additional 2,058 shares during the period. Mckinley Capital Management LLC Delaware lifted its position in Prudential Public Limited by 20.2% during the second quarter. Mckinley Capital Management LLC Delaware now owns 41,517 shares of the financial services provider’s stock valued at $1,910,000 after purchasing an additional 6,978 shares during the period. Finally, Virtu KCG Holdings LLC acquired a new position in Prudential Public Limited during the second quarter valued at $632,000. Institutional investors and hedge funds own 1.60% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Quadrant Capital Group LLC Boosts Stake in Prudential Public Limited Company (PUK)” was first reported by Markets Daily and is the property of of Markets Daily. If you are accessing this piece on another website, it was illegally copied and reposted in violation of United States & international copyright & trademark law. The original version of this piece can be accessed at https://www.themarketsdaily.com/2017/10/12/quadrant-capital-group-llc-boosts-stake-in-prudential-public-limited-company-puk.html.

Prudential Public Limited Company (NYSE:PUK) traded down 0.48% on Thursday, reaching $48.11. 43,196 shares of the company were exchanged. Prudential Public Limited Company has a 52 week low of $32.52 and a 52 week high of $49.67. The stock has a 50-day moving average price of $47.22 and a 200 day moving average price of $45.82. The stock has a market capitalization of $61.93 billion, a price-to-earnings ratio of 17.07 and a beta of 1.59.

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

A number of research analysts recently issued reports on PUK shares. Zacks Investment Research downgraded shares of Prudential Public Limited from a “buy” rating to a “hold” rating in a research report on Wednesday, August 30th. BidaskClub upgraded shares of Prudential Public Limited from a “hold” rating to a “buy” rating in a research report on Thursday, June 29th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target 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.

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 MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply