PDS Planning Inc Takes Position in Prudential Public Limited Company $PUK

PDS Planning Inc acquired a new stake in Prudential Public Limited Company (NYSE:PUK) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 8,441 shares of the financial services provider’s stock, valued at approximately $211,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Ballentine Partners LLC lifted its stake in Prudential Public by 2.4% in the second quarter. Ballentine Partners LLC now owns 18,598 shares of the financial services provider’s stock valued at $465,000 after buying an additional 430 shares during the period. Choreo LLC lifted its position in shares of Prudential Public by 5.6% during the 1st quarter. Choreo LLC now owns 12,049 shares of the financial services provider’s stock valued at $259,000 after acquiring an additional 644 shares during the period. Gallacher Capital Management LLC lifted its position in shares of Prudential Public by 4.5% during the 2nd quarter. Gallacher Capital Management LLC now owns 16,269 shares of the financial services provider’s stock valued at $407,000 after acquiring an additional 706 shares during the period. Smartleaf Asset Management LLC lifted its position in shares of Prudential Public by 38.1% during the 1st quarter. Smartleaf Asset Management LLC now owns 2,563 shares of the financial services provider’s stock valued at $55,000 after acquiring an additional 707 shares during the period. Finally, Pacer Advisors Inc. raised its holdings in shares of Prudential Public by 7.9% during the first quarter. Pacer Advisors Inc. now owns 11,965 shares of the financial services provider’s stock valued at $257,000 after purchasing an additional 877 shares during the period. 1.90% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Prudential Public in a report on Saturday, September 27th. Wall Street Zen downgraded Prudential Public from a “buy” rating to a “hold” rating in a research note on Saturday, August 30th. UBS Group reaffirmed a “buy” rating on shares of Prudential Public in a research note on Thursday, August 28th. Finally, Barclays reaffirmed an “overweight” rating on shares of Prudential Public in a research report on Monday, September 8th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Prudential Public presently has a consensus rating of “Moderate Buy”.

Prudential Public Stock Up 1.3%

Shares of Prudential Public stock opened at $27.11 on Tuesday. The company has a market cap of $34.81 billion, a PE ratio of 11.68, a price-to-earnings-growth ratio of 0.77 and a beta of 1.02. Prudential Public Limited Company has a 52 week low of $14.39 and a 52 week high of $28.32. The business has a 50 day moving average price of $27.04 and a 200-day moving average price of $24.39.

Prudential Public Dividend Announcement

The business also recently declared a dividend, which will be paid on Thursday, October 16th. Investors of record on Friday, September 5th will be given a $0.1542 dividend. This represents a yield of 117.0%. The ex-dividend date of this dividend is Friday, September 5th. Prudential Public’s dividend payout ratio is presently 12.50%.

About Prudential Public

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.