Prudential Public Limited Company (NYSE:PUK – Get Free Report) has received an average rating of “Moderate Buy” from the seven analysts that are covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company.
Several equities research analysts recently weighed in on PUK shares. Morgan Stanley reaffirmed an “overweight” rating on shares of Prudential Public in a research note on Friday, May 15th. Zacks Research lowered shares of Prudential Public from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Jefferies Financial Group downgraded Prudential Public from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 22nd. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Prudential Public in a research report on Monday, July 6th.
Prudential Public Trading Up 0.8%
Institutional Investors Weigh In On Prudential Public
Several hedge funds and other institutional investors have recently modified their holdings of PUK. Morgan Stanley increased its position in Prudential Public by 79.2% during the 4th quarter. Morgan Stanley now owns 4,866,383 shares of the financial services provider’s stock valued at $151,442,000 after purchasing an additional 2,150,074 shares during the period. Bank of America Corp DE raised its position in shares of Prudential Public by 5.6% in the 1st quarter. Bank of America Corp DE now owns 4,470,630 shares of the financial services provider’s stock valued at $127,100,000 after purchasing an additional 238,189 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Prudential Public by 9.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,826,101 shares of the financial services provider’s stock worth $80,201,000 after acquiring an additional 240,416 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in Prudential Public by 13.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,397,352 shares of the financial services provider’s stock valued at $68,157,000 after purchasing an additional 292,677 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its stake in shares of Prudential Public by 99.9% during the 2nd quarter. BNP Paribas Financial Markets now owns 819,518 shares of the financial services provider’s stock worth $20,504,000 after purchasing an additional 409,517 shares during the period. 1.90% of the stock is currently owned by hedge funds and other institutional investors.
About Prudential Public
Prudential Public (NYSE: PUK) is the New York listing for Prudential plc, a London‑headquartered international life insurance and financial services group. The company provides a range of long‑term savings, retirement and protection products designed for individual and institutional customers. Its core offerings include life insurance, pensions and annuities, group protection, and wealth and asset management services delivered through both proprietary and third‑party distribution channels.
Prudential operates across multiple regions, with significant focus on fast‑growing markets in Asia and Africa alongside its established businesses in Europe and other international markets.
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