Prudential Public (NYSE:PUK – Get Free Report) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Thursday,Zacks.com reports.
Several other equities analysts also recently issued reports on the company. Jefferies Financial Group downgraded Prudential Public from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 22nd. Weiss Ratings restated a “hold (c+)” rating on shares of Prudential Public in a research note on Wednesday, April 8th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Prudential Public in a research report on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Prudential Public presently has a consensus rating of “Moderate Buy”.
Read Our Latest Research Report on PUK
Prudential Public Stock Performance
Prudential Public (NYSE:PUK – Get Free Report) last announced its earnings results on Saturday, February 14th. The financial services provider reported $25.85 EPS for the quarter. The business had revenue of $7.59 billion during the quarter. As a group, analysts expect that Prudential Public will post 2.16 earnings per share for the current year.
Institutional Investors Weigh In On Prudential Public
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Parallel Advisors LLC raised its position in shares of Prudential Public by 12.6% during the first quarter. Parallel Advisors LLC now owns 8,221 shares of the financial services provider’s stock worth $234,000 after acquiring an additional 919 shares during the last quarter. Bank of America Corp DE increased its position in Prudential Public by 5.6% in the first quarter. Bank of America Corp DE now owns 4,470,630 shares of the financial services provider’s stock worth $127,100,000 after purchasing an additional 238,189 shares during the period. Strategic Investment Advisors MI bought a new stake in Prudential Public during the 1st quarter worth about $166,000. EverSource Wealth Advisors LLC lifted its position in Prudential Public by 47.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 9,439 shares of the financial services provider’s stock valued at $268,000 after purchasing an additional 3,033 shares during the period. Finally, Quantinno Capital Management LP boosted its stake in shares of Prudential Public by 45.5% in the 1st quarter. Quantinno Capital Management LP now owns 638,516 shares of the financial services provider’s stock valued at $18,153,000 after purchasing an additional 199,548 shares during the last quarter. 1.90% of the stock is owned by institutional investors and hedge funds.
Prudential Public Company Profile
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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