XTX Topco Ltd Takes Position in Prudential Public Limited Company (NYSE:PUK)

XTX Topco Ltd bought a new stake in shares of Prudential Public Limited Company (NYSE:PUK - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund bought 26,719 shares of the financial services provider's stock, valued at approximately $574,000.

Other hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. grew its position in 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 in the last quarter. O Shaughnessy Asset Management LLC acquired a new stake in shares of Prudential Public during the 4th quarter valued at $305,000. National Bank of Canada FI grew its holdings in shares of Prudential Public by 52.6% during the 4th quarter. National Bank of Canada FI now owns 3,042 shares of the financial services provider's stock valued at $48,000 after acquiring an additional 1,049 shares in the last quarter. Quadrant Capital Group LLC increased its stake in shares of Prudential Public by 47.8% in the fourth quarter. Quadrant Capital Group LLC now owns 12,595 shares of the financial services provider's stock worth $201,000 after acquiring an additional 4,076 shares during the last quarter. Finally, Bank of Montreal Can raised its holdings 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 worth $24,775,000 after acquiring an additional 968,317 shares in the last quarter. Hedge funds and other institutional investors own 1.90% of the company's stock.

Prudential Public Price Performance

Shares of PUK traded down $0.05 during trading hours on Friday, hitting $25.91. The stock had a trading volume of 576,834 shares, compared to its average volume of 996,169. The stock has a market capitalization of $33.42 billion, a price-to-earnings ratio of 11.17, a P/E/G ratio of 0.75 and a beta of 1.06. 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 company's fifty day moving average is $24.62 and its two-hundred day moving average is $21.49. Prudential Public Limited Company has a 52 week low of $14.39 and a 52 week high of $26.09.

Wall Street Analyst Weigh In

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