Prudential Public Limited Company (NYSE:PUK) Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lessened its holdings in Prudential Public Limited Company (NYSE:PUK - Free Report) by 25.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 59,148 shares of the financial services provider's stock after selling 20,294 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in Prudential Public were worth $1,272,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of PUK. Smartleaf Asset Management LLC lifted its stake 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 valued at $29,000 after buying an additional 1,497 shares during the period. National Bank of Canada FI lifted its stake 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 valued at $48,000 after buying an additional 1,049 shares during the period. Bruce G. Allen Investments LLC lifted its stake 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 valued at $59,000 after buying an additional 1,140 shares during the period. Cetera Trust Company N.A lifted its stake 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 valued at $121,000 after buying an additional 2,125 shares during the period. Finally, GAMMA Investing LLC lifted its stake 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 valued at $140,000 after buying an additional 4,205 shares during the period. Hedge funds and other institutional investors own 1.90% of the company's stock.

Wall Street Analyst Weigh In

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

Prudential Public Trading Up 0.6%

PUK stock traded up $0.15 on Friday, hitting $24.90. 626,557 shares of the company were exchanged, compared to its average volume of 1,061,430. Prudential Public Limited Company has a twelve month low of $14.39 and a twelve month high of $25.58. 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 business's fifty day moving average is $23.27 and its two-hundred day moving average is $19.86. The stock has a market capitalization of $32.29 billion, a price-to-earnings ratio of 10.73, a price-to-earnings-growth ratio of 0.71 and a beta of 1.03.

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.