Advisors Preferred LLC Makes New Investment in Prudential Public Limited Company $PUK

Advisors Preferred LLC purchased a new position in Prudential Public Limited Company (NYSE:PUK) in the third quarter, HoldingsChannel reports. The institutional investor purchased 33,025 shares of the financial services provider’s stock, valued at approximately $929,000.

Several other institutional investors and hedge funds have also made changes to their positions in PUK. BNP Paribas Financial Markets increased its position in shares of Prudential Public by 99.9% in the 2nd quarter. BNP Paribas Financial Markets now owns 819,518 shares of the financial services provider’s stock valued at $20,504,000 after acquiring an additional 409,517 shares during the period. Tower Research Capital LLC TRC grew its stake in Prudential Public by 725.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 385,917 shares of the financial services provider’s stock valued at $9,656,000 after purchasing an additional 339,188 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Prudential Public by 30.7% in the second quarter. JPMorgan Chase & Co. now owns 822,909 shares of the financial services provider’s stock valued at $20,589,000 after purchasing an additional 193,454 shares during the period. Jane Street Group LLC raised its stake in shares of Prudential Public by 773.1% in the second quarter. Jane Street Group LLC now owns 145,473 shares of the financial services provider’s stock worth $3,640,000 after purchasing an additional 128,811 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd raised its stake in shares of Prudential Public by 270.4% in the second quarter. Y Intercept Hong Kong Ltd now owns 127,564 shares of the financial services provider’s stock worth $3,192,000 after purchasing an additional 93,120 shares during the last quarter. 1.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft initiated coverage on Prudential Public in a research report on Wednesday, January 7th. They issued a “buy” rating on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Prudential Public in a report on Friday, January 9th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Prudential Public in a research note on Wednesday, October 29th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

Prudential Public Price Performance

Shares of NYSE:PUK opened at $31.01 on Friday. Prudential Public Limited Company has a 12-month low of $17.76 and a 12-month high of $34.03. The business has a 50 day moving average of $31.62 and a two-hundred day moving average of $29.03.

Prudential Public 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.