Arrowstreet Capital Limited Partnership Buys 292,677 Shares of Prudential Public Limited Company $PUK

Arrowstreet Capital Limited Partnership increased its stake in Prudential Public Limited Company (NYSE:PUK) by 13.9% during the first quarter, Holdings Channel.com reports. The fund owned 2,397,352 shares of the financial services provider’s stock after buying an additional 292,677 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Prudential Public were worth $68,157,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Manchester Capital Management LLC increased its position in Prudential Public by 1,103.0% during the 4th quarter. Manchester Capital Management LLC now owns 794 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 728 shares during the period. Mcguire Capital Advisors Inc. acquired a new position in Prudential Public in the fourth quarter valued at $29,000. Allworth Financial LP boosted its position in Prudential Public by 47.0% during the fourth quarter. Allworth Financial LP now owns 1,502 shares of the financial services provider’s stock valued at $47,000 after acquiring an additional 480 shares during the last quarter. Larson Financial Group LLC boosted its position in Prudential Public by 626.8% during the third quarter. Larson Financial Group LLC now owns 1,657 shares of the financial services provider’s stock valued at $46,000 after acquiring an additional 1,429 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its position in Prudential Public by 2,583.2% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,549 shares of the financial services provider’s stock valued at $79,000 after acquiring an additional 2,454 shares during the last quarter. 1.90% of the stock is currently owned by institutional investors.

Prudential Public Stock Performance

PUK stock opened at $29.34 on Monday. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.04 and a quick ratio of 0.04. The company’s 50-day moving average is $28.02 and its 200-day moving average is $29.75. Prudential Public Limited Company has a 1 year low of $24.61 and a 1 year high of $34.03.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Zacks Research lowered Prudential Public from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 21st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Prudential Public in a research note on Monday, July 6th. Morgan Stanley reaffirmed an “overweight” rating on shares of Prudential Public in a research note on Friday, May 15th. Finally, Jefferies Financial Group downgraded Prudential Public from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 22nd. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Prudential Public currently has a consensus rating of “Moderate Buy”.

Prudential Public Company 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.