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) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 10,244 shares of the financial services provider's stock, valued at approximately $220,000.

Other institutional investors also recently added to or reduced their stakes in the company. US Bancorp DE grew its stake in shares of Prudential Public by 69.1% in the 4th quarter. US Bancorp DE now owns 15,588 shares of the financial services provider's stock valued at $248,000 after purchasing an additional 6,368 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of Prudential Public by 417.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,856 shares of the financial services provider's stock valued at $29,000 after buying an additional 1,497 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Prudential Public by 62.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 92,918 shares of the financial services provider's stock valued at $1,481,000 after buying an additional 35,811 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Prudential Public during the fourth quarter worth $1,355,000. Finally, PNC Financial Services Group Inc. boosted its position in Prudential Public by 35.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 14,521 shares of the financial services provider's stock worth $231,000 after purchasing an additional 3,807 shares in the last quarter. Institutional investors and hedge funds own 1.90% of the company's stock.

Analyst Ratings Changes

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

Prudential Public Stock Up 3.5%

PUK opened at $25.12 on Wednesday. Prudential Public Limited Company has a 12 month low of $14.39 and a 12 month high of $25.58. The stock has a market cap of $32.58 billion, a P/E ratio of 10.83, a P/E/G ratio of 0.70 and a beta of 1.03. The stock's 50 day moving average price is $23.45 and its 200 day moving average price is $20.08. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.04 and a quick ratio of 0.04.

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.

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