Prudential Public Limited Company (NYSE:PUK) Receives Average Rating of “Moderate Buy” from Analysts

Prudential Public Limited Company (NYSE:PUKGet Free Report) has earned an average rating of “Moderate Buy” from the seven research firms that are currently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.

Several research firms have commented on PUK. Weiss Ratings restated a “hold (c+)” rating on shares of Prudential Public in a research note on Wednesday, April 8th. Morgan Stanley restated an “overweight” rating on shares of Prudential Public in a research note on Friday, May 15th. Zacks Research upgraded shares of Prudential Public from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 8th. Finally, Jefferies Financial Group cut shares of Prudential Public from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 22nd.

Read Our Latest Stock Analysis on PUK

Institutional Trading of Prudential Public

Several hedge funds have recently made changes to their positions in the company. Parallel Advisors LLC lifted its stake in shares of Prudential Public by 12.6% in the 1st 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 period. Bank of America Corp DE lifted its stake 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 worth $127,100,000 after acquiring an additional 238,189 shares during the period. Strategic Investment Advisors MI acquired a new stake in shares of Prudential Public in the 1st quarter worth $166,000. EverSource Wealth Advisors LLC lifted its stake in shares of Prudential Public by 47.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 9,439 shares of the financial services provider’s stock worth $268,000 after acquiring an additional 3,033 shares during the period. Finally, Quantinno Capital Management LP lifted 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 worth $18,153,000 after acquiring an additional 199,548 shares during the period. Institutional investors and hedge funds own 1.90% of the company’s stock.

Prudential Public Stock Down 8.6%

PUK opened at $26.12 on Friday. The business has a 50 day moving average price of $30.10 and a two-hundred day moving average price of $30.36. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 0.21. Prudential Public has a 52 week low of $23.41 and a 52 week high of $34.03.

Prudential Public (NYSE:PUKGet Free Report) last posted its quarterly earnings data on Saturday, February 14th. The financial services provider reported $25.85 EPS for the quarter. The company had revenue of $7.59 billion for the quarter. On average, equities research analysts predict that Prudential Public will post 2.16 EPS for the current fiscal year.

Prudential Public Dividend Announcement

The company also recently announced a dividend, which was paid on Wednesday, May 13th. Stockholders of record on Friday, March 27th were paid a $0.3778 dividend. This represents a dividend yield of 272.0%. The ex-dividend date was Friday, March 27th.

Prudential Public Company Profile

(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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