12 August, 2017
(NYSE:PRU) by 77.4% during the second quarter, according to its most recent Form 13F filing with the SEC.
A number of other hedge funds and other institutional investors also recently modified their holdings of PRU. Adirondack Trust boosted its stake in Prudential Financial by 7.6% in the Q1.
Foundry Partners LLC increased its position in shares of Prudential Financial, Inc. First Personal Financial Services has an ownership of 1,407 stocks of the financial services provider's shares valued $150,000 after scooping up an extra 46 shares through out the quarter. The financial services provider reported $2.09 EPS for the quarter, missing the Zacks' consensus estimate of $2.70 by $0.61. Sun Life Fincl Inc owns 0% invested in Prudential Financial Inc (NYSE:PRU) for 24 shares. Proshare Advisors LLC divested its stake by shedding 1,084 shares a decrease of 0.9% as of 06/30/2017. Guardian Life Insurance Co. of America now owns 1,658 shares of the financial services provider's stock worth $177,000 after buying an additional 5 shares during the period.
Btc Capital Management Inc decreased Prudential Finl Inc (PRU) stake by 12.55% reported in 2016Q4 SEC filing. Ledyard National Bank now owns 1,797 shares of the financial services provider's stock worth $192,000 after buying an additional 1,755 shares during the last quarter. Has $3.92 Million Stake in Prudential Financial, Inc. Harris Timothy P sold $674,135 worth of Prudential Financial Inc (NYSE:PRU) on Friday, February 17. The company has market cap of 62.72 billion GBP.
Company shares last traded at $105.57 which is marginally under the 50 day moving average which is $110.35 and a bit lower than the 200 day moving average of $108.11.
Prudential Financial (NYSE:PRU) last announced its quarterly earnings results on Wednesday, August 2nd.
Prudential Financial, Inc. (PRU) have shown a high EPS growth of 5.70% in the last 5 years and has earnings decline of -20.20% yoy. Deutsche Bank upgraded Prudential Financial Inc (NYSE:PRU) on Monday, September 7 to "Buy" rating. The value of the total investment in Prudential Financial, Inc. decreased from $10,915,000 to $10,660,000 decreasing 2.3% quarter to quarter. Stockholders of record on Tuesday, August 22nd will be paid a $0.75 dividend. Analysts have a mean recommendation of 2.50 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The ex-dividend date was set for Friday the 19th of May 2017. The Company operates through Insurance operations and Asset management operations.
COPYRIGHT VIOLATION NOTICE: "Prudential plc (PRU) Given a GBX 2,200 Price Target by UBS AG Analysts" was originally published by Rincon Hill News and is the sole property of of Rincon Hill News. If you are reading this article on another domain, it was stolen and republished in violation of USA & worldwide copyright and trademark laws. Sigma Planning Corp boosted its position in shares of Prudential Financial by 0.3% in the first quarter. BidaskClub raised Prudential Financial from a "hold" rating to a "buy" rating in a research note on Wednesday, July 12th. Wells Fargo & Company reiterated a "hold" rating on shares of Prudential Financial in a report on Tuesday, June 6th. Finally, Credit Suisse Group dropped their target price on shares of Prudential Financial from $121.00 to $120.00 and set a "neutral" rating for the company in a report on Tuesday, May 23rd. Nine investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. Prudential Financial presently has a consensus rating of "Buy" and a consensus price target of $111.21.
In related news, insider Lord J. Adair Turner purchased 1,000 shares of Prudential plc stock in a transaction dated Wednesday, June 28th. The shares were sold on August 9th for an average price of $110.00. Nicholas C. Silitch, Sr VP disclosed the sale of 14,897 shares of PRU stock. The shares were sold at an average price of $112.18, for a total transaction of $463,639.94. 450 shares valued at $50,000 were bought by TODMAN MICHAEL on Tuesday, February 21. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 220,615 shares of company stock worth $24,276,660. The company maintains price to book ratio of 0.97 vs.an industry average at 1.19. (PRU). These ratios are important while doing valuation of the company or the shares of the company.