Prudential Public Limited Company (NYSE:PUK – Get Free Report) has been given a consensus rating of “Moderate Buy” by the six ratings firms that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $39.30.
A number of brokerages have issued reports on PUK. Berenberg Bank set a $39.30 price objective on Prudential Public and gave the company a “buy” rating in a research note on Thursday, September 3rd. Zacks Research cut Prudential Public from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 19th. Weiss Ratings restated a “hold (c+)” rating on shares of Prudential Public in a report on Monday, July 6th. Finally, Wall Street Zen lowered Prudential Public from a “hold” rating to a “sell” rating in a research report on Saturday.
Read Our Latest Report on Prudential Public
Prudential Public Stock Performance
Prudential Public (NYSE:PUK – Get Free Report) last posted its quarterly earnings data on Friday, August 14th. The financial services provider reported $0.58 EPS for the quarter. The business had revenue of $3.90 billion for the quarter. Equities analysts expect that Prudential Public will post 2.34 earnings per share for the current year.
Prudential Public Dividend Announcement
The company also recently announced a dividend, which will be paid on Thursday, October 22nd. Stockholders of record on Friday, September 11th will be paid a $0.1776 dividend. This represents a dividend yield of 133.0%. The ex-dividend date is Friday, September 11th.
Institutional Investors Weigh In On Prudential Public
Several institutional investors and hedge funds have recently made changes to their positions in the company. Manchester Capital Management LLC lifted its stake in Prudential Public by 1,103.0% during the 4th quarter. Manchester Capital Management LLC now owns 794 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 728 shares during the period. Integrated Wealth Concepts LLC bought a new stake in shares of Prudential Public in the second quarter worth approximately $26,000. Mcguire Capital Advisors Inc. bought a new stake in shares of Prudential Public in the fourth quarter worth approximately $29,000. Larson Financial Group LLC raised its holdings in shares of Prudential Public by 626.8% during the third quarter. Larson Financial Group LLC now owns 1,657 shares of the financial services provider’s stock valued at $46,000 after purchasing an additional 1,429 shares during the last quarter. Finally, Allworth Financial LP raised its holdings in shares of Prudential Public by 47.0% during the fourth quarter. Allworth Financial LP now owns 1,502 shares of the financial services provider’s stock valued at $47,000 after purchasing an additional 480 shares during the last quarter. Institutional investors own 1.90% of the company’s stock.
About Prudential Public
Prudential plc is a United Kingdom-based international financial services group focused on life and health insurance, retirement solutions and related financial products. The company serves individuals and businesses through products that may include life insurance, medical and health coverage, savings and investment-linked policies, pensions and retirement planning solutions.
Prudential operates primarily in Asia and Africa, with markets including Hong Kong, mainland China, Indonesia, Malaysia, Singapore, Thailand, Vietnam and other countries in the region.
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