Aaron Wealth Advisors LLC Purchases Shares of 14,899 Prudential Public Limited Company (NYSE:PUK)

Aaron Wealth Advisors LLC acquired a new stake in Prudential Public Limited Company (NYSE:PUK - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 14,899 shares of the financial services provider's stock, valued at approximately $320,000.

A number of other institutional investors have also recently made changes to their positions in PUK. Bank of Montreal Can boosted its stake in shares of Prudential Public by 165.3% during the fourth quarter. Bank of Montreal Can now owns 1,554,255 shares of the financial services provider's stock valued at $24,775,000 after purchasing an additional 968,317 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in shares of Prudential Public by 1,133.2% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,051,231 shares of the financial services provider's stock valued at $16,757,000 after purchasing an additional 965,985 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Prudential Public by 321.8% during the fourth quarter. JPMorgan Chase & Co. now owns 1,236,697 shares of the financial services provider's stock valued at $19,713,000 after purchasing an additional 943,487 shares during the period. Optiver Holding B.V. boosted its holdings in shares of Prudential Public by 93.2% during the fourth quarter. Optiver Holding B.V. now owns 629,567 shares of the financial services provider's stock worth $10,035,000 after purchasing an additional 303,783 shares during the period. Finally, Hsbc Holdings PLC purchased a new stake in shares of Prudential Public during the fourth quarter worth about $4,312,000. Hedge funds and other institutional investors own 1.90% of the company's stock.

Prudential Public Price Performance

Shares of PUK stock traded down $0.63 on Monday, hitting $24.25. 1,324,589 shares of the stock traded hands, compared to its average volume of 1,064,161. 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 firm has a market cap of $31.45 billion, a price-to-earnings ratio of 10.45, a PEG ratio of 0.71 and a beta of 1.03. The firm has a 50 day simple moving average of $23.39 and a two-hundred day simple moving average of $20.04. Prudential Public Limited Company has a 52 week low of $14.39 and a 52 week high of $25.58.

Analyst Upgrades and Downgrades

PUK has been the subject of a number of analyst reports. Wall Street Zen upgraded shares of Prudential Public from a "hold" rating to a "buy" rating in a report on Saturday, June 7th. Citigroup reaffirmed a "buy" rating on shares of Prudential Public in a research note on Tuesday, April 1st. Deutsche Bank Aktiengesellschaft upgraded shares of Prudential Public from a "hold" rating to a "buy" rating in a report on Friday, June 6th. Morgan Stanley reiterated an "overweight" rating on shares of Prudential Public in a report on Tuesday, May 13th. Finally, Barclays restated an "overweight" rating on shares of Prudential Public in a report on Thursday, May 22nd. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Prudential Public currently has an average rating of "Buy".

Prudential Public Profile

Prudential plc, through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa. The company was founded in 1848 and is headquartered in Central, Hong Kong.