Assetmark Inc. Increases Stock Holdings in Prudential Public Limited Company $PUK

Assetmark Inc. increased its stake in shares of Prudential Public Limited Company (NYSE:PUK) by 14,270.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 251,049 shares of the financial services provider’s stock after acquiring an additional 249,302 shares during the quarter. Assetmark Inc.’s holdings in Prudential Public were worth $7,137,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of PUK. Allspring Global Investments Holdings LLC grew its position in Prudential Public by 21.4% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 15,916 shares of the financial services provider’s stock worth $460,000 after purchasing an additional 2,810 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of Prudential Public by 0.8% during the 1st quarter. Bank of New York Mellon Corp now owns 91,487 shares of the financial services provider’s stock valued at $2,601,000 after acquiring an additional 704 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in shares of Prudential Public by 11.6% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 17,585 shares of the financial services provider’s stock worth $500,000 after buying an additional 1,825 shares in the last quarter. Sequoia Financial Advisors LLC grew its holdings in Prudential Public by 46.0% during the 1st quarter. Sequoia Financial Advisors LLC now owns 19,440 shares of the financial services provider’s stock valued at $553,000 after buying an additional 6,124 shares during the last quarter. Finally, Kathmere Capital Management LLC grew its holdings in shares of Prudential Public by 27.1% during the first quarter. Kathmere Capital Management LLC now owns 10,055 shares of the financial services provider’s stock worth $286,000 after buying an additional 2,141 shares in the last quarter. 1.90% of the stock is owned by institutional investors and hedge funds.

Prudential Public Stock Up 2.2%

NYSE PUK opened at $28.89 on Wednesday. Prudential Public Limited Company has a 12 month low of $24.56 and a 12 month high of $34.03. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 0.21. The company’s 50 day simple moving average is $28.14 and its 200 day simple moving average is $29.80.

Analyst Upgrades and Downgrades

Several brokerages recently commented on PUK. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Prudential Public in a research report on Monday, July 6th. Jefferies Financial Group downgraded Prudential Public from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 22nd. Morgan Stanley reiterated an “overweight” rating on shares of Prudential Public in a research note on Friday, May 15th. Finally, Zacks Research upgraded Prudential Public from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 11th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

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.