Callan Capital LLC Makes New $220,000 Investment in Prudential Public Limited Company (NYSE:PUK)

Callan Capital LLC purchased a new stake in Prudential Public Limited Company (NYSE:PUK - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 10,244 shares of the financial services provider's stock, valued at approximately $220,000.

Other hedge funds have also recently bought and sold shares of the company. US Bancorp DE boosted its stake in shares of Prudential Public by 69.1% during the 4th quarter. US Bancorp DE now owns 15,588 shares of the financial services provider's stock worth $248,000 after acquiring an additional 6,368 shares during the period. Smartleaf Asset Management LLC boosted its stake in shares of Prudential Public by 417.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,856 shares of the financial services provider's stock worth $29,000 after acquiring an additional 1,497 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Prudential Public by 62.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 92,918 shares of the financial services provider's stock worth $1,481,000 after acquiring an additional 35,811 shares during the period. Raymond James Financial Inc. bought a new position in shares of Prudential Public during the 4th quarter worth approximately $1,355,000. Finally, PNC Financial Services Group Inc. boosted its stake in shares of Prudential Public by 35.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 14,521 shares of the financial services provider's stock worth $231,000 after acquiring an additional 3,807 shares during the period. 1.90% of the stock is currently owned by institutional investors.

Prudential Public Price Performance

PUK traded up $0.23 on Thursday, reaching $25.01. The stock had a trading volume of 383,695 shares, compared to its average volume of 1,014,587. Prudential Public Limited Company has a fifty-two week low of $14.39 and a fifty-two week high of $25.58. The firm has a 50-day moving average of $23.53 and a 200-day moving average of $20.11. 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 has a market capitalization of $32.43 billion, a price-to-earnings ratio of 10.78, a price-to-earnings-growth ratio of 0.72 and a beta of 1.03.

Analysts Set New Price Targets

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

Prudential Public Company 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.