Gradient Investments LLC Purchases 17,267 Shares of Prudential Public Limited Company $PUK

Gradient Investments LLC boosted its position in shares of Prudential Public Limited Company (NYSE:PUK) by 47.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,636 shares of the financial services provider’s stock after acquiring an additional 17,267 shares during the quarter. Gradient Investments LLC’s holdings in Prudential Public were worth $1,501,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Ballentine Partners LLC grew its position in shares of Prudential Public by 2.4% in the 2nd quarter. Ballentine Partners LLC now owns 18,598 shares of the financial services provider’s stock valued at $465,000 after acquiring an additional 430 shares during the period. GAMMA Investing LLC raised its holdings in shares of Prudential Public by 5.7% in the 3rd quarter. GAMMA Investing LLC now owns 8,539 shares of the financial services provider’s stock valued at $239,000 after purchasing an additional 461 shares during the period. ICONIQ Capital LLC lifted its stake in Prudential Public by 3.9% in the 2nd quarter. ICONIQ Capital LLC now owns 14,098 shares of the financial services provider’s stock valued at $353,000 after purchasing an additional 531 shares during the last quarter. Choreo LLC grew its holdings in Prudential Public by 5.1% during the second quarter. Choreo LLC now owns 12,669 shares of the financial services provider’s stock worth $317,000 after purchasing an additional 620 shares during the period. Finally, Rhumbline Advisers increased its position in Prudential Public by 5.9% during the second quarter. Rhumbline Advisers now owns 12,367 shares of the financial services provider’s stock worth $309,000 after buying an additional 694 shares during the last quarter. Institutional investors and hedge funds own 1.90% of the company’s stock.

Wall Street Analysts Forecast Growth

PUK has been the subject of a number of recent analyst reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Prudential Public in a research report on Tuesday, October 14th. Barclays restated an “overweight” rating on shares of Prudential Public in a research note on Monday, September 8th. UBS Group reiterated a “buy” rating on shares of Prudential Public in a report on Thursday, August 28th. Wall Street Zen lowered shares of Prudential Public from a “buy” rating to a “hold” rating in a research report on Saturday, August 30th. Finally, Morgan Stanley restated an “overweight” rating on shares of Prudential Public in a research note on Wednesday, October 29th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Prudential Public Price Performance

NYSE:PUK opened at $30.10 on Thursday. The stock has a 50 day simple moving average of $28.30 and a 200 day simple moving average of $26.69. Prudential Public Limited Company has a 1-year low of $14.39 and a 1-year high of $30.54.

Prudential Public Company Profile

Prudential plc, through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa. The company was founded in 1848 and is headquartered in Central, Hong Kong.