Prudential plc (LON:PRU - Get Free Report) insider Anil Wadhwani acquired 65,016 shares of the stock in a transaction dated Friday, May 3rd. The stock was acquired at an average cost of GBX 738 ($9.27) per share, with a total value of £479,818.08 ($602,710.82).
Anil Wadhwani also recently made the following trade(s):
- On Wednesday, March 27th, Anil Wadhwani acquired 57,435 shares of Prudential stock. The stock was purchased at an average price of GBX 753 ($9.46) per share, with a total value of £432,485.55 ($543,255.31).
Prudential Stock Up 3.8 %
Shares of PRU stock traded up GBX 27.60 ($0.35) on Friday, hitting GBX 756.20 ($9.50). The stock had a trading volume of 8,786,592 shares, compared to its average volume of 9,411,895. Prudential plc has a 52-week low of GBX 684.73 ($8.60) and a 52-week high of GBX 1,195 ($15.01). The firm has a market capitalization of £20.80 billion, a price-to-earnings ratio of 1,543.27, a P/E/G ratio of 0.40 and a beta of 1.26. The company has a debt-to-equity ratio of 31.08, a quick ratio of 0.67 and a current ratio of 2.02. The stock's 50 day moving average is GBX 751.31 and its 200-day moving average is GBX 819.73.
Prudential Increases Dividend
The firm also recently announced a dividend, which will be paid on Thursday, May 16th. Stockholders of record on Thursday, March 28th will be given a dividend of $0.14 per share. This represents a dividend yield of 1.43%. This is a positive change from Prudential's previous dividend of $0.06. The ex-dividend date of this dividend is Thursday, March 28th. Prudential's payout ratio is presently 3,265.31%.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on PRU shares. Jefferies Financial Group reissued a "buy" rating and set a GBX 1,800 ($22.61) price target on shares of Prudential in a report on Wednesday, March 20th. Barclays reissued an "overweight" rating and set a GBX 1,390 ($17.46) target price on shares of Prudential in a research note on Wednesday.
Get Our Latest Report on PRU
Prudential Company Profile
(
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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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