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

Callan Capital LLC bought a new position in shares of Prudential Public Limited Company (NYSE:PUK - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,244 shares of the financial services provider's stock, valued at approximately $220,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PUK. Smartleaf Asset Management LLC increased its holdings in shares of Prudential Public by 417.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,856 shares of the financial services provider's stock worth $29,000 after buying an additional 1,497 shares in the last quarter. Bruce G. Allen Investments LLC increased its holdings in shares of Prudential Public by 70.4% during the first quarter. Bruce G. Allen Investments LLC now owns 2,759 shares of the financial services provider's stock worth $59,000 after buying an additional 1,140 shares in the last quarter. National Bank of Canada FI increased its holdings in shares of Prudential Public by 52.6% during the fourth quarter. National Bank of Canada FI now owns 3,042 shares of the financial services provider's stock worth $48,000 after buying an additional 1,049 shares in the last quarter. Cetera Trust Company N.A increased its holdings in shares of Prudential Public by 60.8% during the first quarter. Cetera Trust Company N.A now owns 5,620 shares of the financial services provider's stock worth $121,000 after buying an additional 2,125 shares in the last quarter. Finally, GAMMA Investing LLC increased its holdings in shares of Prudential Public by 182.6% during the first quarter. GAMMA Investing LLC now owns 6,508 shares of the financial services provider's stock worth $140,000 after buying an additional 4,205 shares in the last quarter. 1.90% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

PUK has been the subject of several research 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. Deutsche Bank Aktiengesellschaft upgraded Prudential Public from a "hold" rating to a "buy" rating in a report on Friday, June 6th. Morgan Stanley reaffirmed an "overweight" rating on shares of Prudential Public in a research report on Tuesday, May 13th. Barclays reaffirmed an "overweight" rating on shares of Prudential Public in a research report on Thursday, May 22nd. Finally, Citigroup reaffirmed a "buy" rating on shares of Prudential Public in a research 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 Trading Down 1.2%

PUK traded down $0.30 during trading on Friday, reaching $24.73. 610,848 shares of the stock traded hands, compared to its average volume of 1,015,244. The stock has a market capitalization of $32.07 billion, a PE ratio of 10.66, a P/E/G ratio of 0.71 and a beta of 1.03. The stock's 50-day moving average is $23.60 and its 200 day moving average is $20.17. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 0.21. Prudential Public Limited Company has a 12 month low of $14.39 and a 12 month high of $25.58.

About Prudential Public

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.