Prudential Public Limited Company (NYSE:PUK – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the seven ratings firms that are presently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.
PUK has been the subject of several research analyst reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Prudential Public in a research note on Wednesday, April 8th. Zacks Research upgraded shares of Prudential Public from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 8th. Morgan Stanley reiterated an “overweight” rating on shares of Prudential Public in a report on Friday, May 15th. Finally, Jefferies Financial Group downgraded shares of Prudential Public from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 22nd.
Get Our Latest Stock Report on PUK
Prudential Public Stock Performance
Prudential Public (NYSE:PUK – Get Free Report) last issued its earnings results on Saturday, February 14th. The financial services provider reported $25.85 EPS for the quarter. The business had revenue of $7.59 billion for the quarter. As a group, equities research analysts expect that Prudential Public will post 2.16 EPS for the current year.
Prudential Public Announces Dividend
The business also recently declared a dividend, which was paid on Wednesday, May 13th. Stockholders of record on Friday, March 27th were issued a dividend of $0.3778 per share. The ex-dividend date was Friday, March 27th. This represents a dividend yield of 272.0%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in PUK. Morgan Stanley increased its stake in shares of Prudential Public by 79.2% in the fourth quarter. Morgan Stanley now owns 4,866,383 shares of the financial services provider’s stock valued at $151,442,000 after buying an additional 2,150,074 shares during the period. Bank of America Corp DE increased its stake in shares of Prudential Public by 241.5% in the third quarter. Bank of America Corp DE now owns 2,998,803 shares of the financial services provider’s stock valued at $83,936,000 after buying an additional 2,120,580 shares during the period. Dimensional Fund Advisors LP increased its stake 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 valued at $80,499,000 after buying an additional 1,007,961 shares during the period. BNP Paribas Financial Markets increased its stake in shares of Prudential Public by 99.9% in 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 buying an additional 409,517 shares during the period. Finally, Optiver Holding B.V. increased its stake in shares of Prudential Public by 41.6% in the third quarter. Optiver Holding B.V. now owns 1,245,566 shares of the financial services provider’s stock valued at $34,863,000 after buying an additional 365,883 shares during the period. Institutional investors and hedge funds own 1.90% of the company’s stock.
About Prudential Public
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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