Prudential Public (NYSE:PUK) Lowered to Strong Sell Rating by Zacks Research

Prudential Public (NYSE:PUKGet Free Report) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued on Wednesday,Zacks.com reports.

Several other brokerages also recently commented on PUK. Weiss Ratings reissued a “hold (c+)” rating on shares of Prudential Public in a report on Monday, July 6th. Jefferies Financial Group downgraded shares of Prudential Public from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 22nd. Finally, Morgan Stanley reissued an “overweight” rating on shares of Prudential Public in a research note on Friday, May 15th. Four equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Check Out Our Latest Stock Analysis on Prudential Public

Prudential Public Stock Performance

PUK opened at $27.62 on Wednesday. Prudential Public has a fifty-two week low of $24.61 and a fifty-two week high of $34.03. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 0.21. The firm’s fifty day moving average price is $28.02 and its two-hundred day moving average price is $29.28.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Morgan Stanley boosted its position in shares of Prudential Public by 79.2% during the fourth quarter. Morgan Stanley now owns 4,866,383 shares of the financial services provider’s stock worth $151,442,000 after purchasing an additional 2,150,074 shares in the last quarter. Bank of America Corp DE boosted its position in shares of Prudential Public by 241.5% during the third quarter. Bank of America Corp DE now owns 2,998,803 shares of the financial services provider’s stock worth $83,936,000 after buying an additional 2,120,580 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Prudential Public by 63.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,585,685 shares of the financial services provider’s stock worth $80,499,000 after purchasing an additional 1,007,961 shares in the last quarter. BNP Paribas Financial Markets boosted its position in Prudential Public by 99.9% during the second quarter. BNP Paribas Financial Markets now owns 819,518 shares of the financial services provider’s stock valued at $20,504,000 after purchasing an additional 409,517 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its holdings in Prudential Public by 725.9% during the second quarter. Tower Research Capital LLC TRC now owns 385,917 shares of the financial services provider’s stock worth $9,656,000 after buying an additional 339,188 shares during the last quarter. Institutional investors own 1.90% of the company’s stock.

About Prudential Public

(Get Free Report)

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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Analyst Recommendations for Prudential Public (NYSE:PUK)

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