Prudential Public Limited Company (NYSE:PUK) Given Average Recommendation of "Moderate Buy" by Brokerages

Key Points

• Analysts give Prudential Public a consensus recommendation of Moderate Buy from seven firms (four "buy", three "hold"); notable broker moves include Morgan Stanley's "overweight" and Deutsche Bank initiating coverage with a "buy" while Jefferies cut to "hold".
• The company announced a $0.3778 dividend payable on May 13 with an ex-dividend date of March 27, reported as representing a 272.0% dividend yield.
• Shares opened at $30.25, trading around their 50- and 200-day moving averages (~$29.78 and $29.99) with a one-year range of $21.69–$34.03, and institutional investors own only 1.90% of the stock.

Shares of Prudential Public Limited Company (NYSE:PUK - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the seven research firms that are covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.

A number of brokerages have commented on PUK. Weiss Ratings reissued a "hold (c+)" rating on shares of Prudential Public in a report on Wednesday, April 8th. Morgan Stanley restated an "overweight" rating on shares of Prudential Public in a report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft started coverage on Prudential Public in a research report on Wednesday, January 7th. They set a "buy" rating on the stock. Zacks Research raised Prudential Public from a "strong sell" rating to a "hold" rating in a research report on Wednesday, April 8th. Finally, Jefferies Financial Group cut Prudential Public from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, April 22nd.

Institutional Investors Weigh In On Prudential Public

A number of institutional investors have recently added to or reduced their stakes in PUK. Manchester Capital Management LLC lifted its position in shares of Prudential Public by 1,103.0% during the 4th quarter. Manchester Capital Management LLC now owns 794 shares of the financial services provider's stock worth $25,000 after buying an additional 728 shares in the last quarter. Bessemer Group Inc. grew its holdings in shares of Prudential Public by 59.9% in the third quarter. Bessemer Group Inc. now owns 1,012 shares of the financial services provider's stock valued at $28,000 after acquiring an additional 379 shares in the last quarter. Mcguire Capital Advisors Inc. purchased a new stake in shares of Prudential Public during the fourth quarter valued at approximately $29,000. Westside Investment Management Inc. increased its position in shares of Prudential Public by 70.7% during the third quarter. Westside Investment Management Inc. now owns 1,070 shares of the financial services provider's stock valued at $30,000 after acquiring an additional 443 shares during the last quarter. Finally, Assetmark Inc. lifted its holdings in Prudential Public by 448.0% during the third quarter. Assetmark Inc. now owns 1,633 shares of the financial services provider's stock worth $46,000 after acquiring an additional 1,335 shares during the period. 1.90% of the stock is owned by institutional investors.

Prudential Public Price Performance

Prudential Public stock opened at $30.25 on Wednesday. The firm's fifty day moving average price is $29.78 and its two-hundred day moving average price is $29.99. Prudential Public has a 1-year low of $21.69 and a 1-year high of $34.03. 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 (NYSE:PUK - Get Free Report) last posted its earnings results on Saturday, February 14th. The financial services provider reported $25.85 EPS for the quarter. The business had revenue of $7.59 billion for the quarter. Research analysts expect that Prudential Public will post 2.16 EPS for the current year.

Prudential Public Dividend Announcement

The company also recently announced a dividend, which will be paid on Wednesday, May 13th. Stockholders of record on Friday, March 27th will be issued a $0.3778 dividend. The ex-dividend date is Friday, March 27th. This represents a dividend yield of 272.0%.

Prudential Public Company Profile

Prudential Public NYSE: PUK is the New York listing for Prudential plc, a London‑headquartered international life insurance and financial services group. The company provides a range of long‑term savings, retirement and protection products designed for individual and institutional customers. Its core offerings include life insurance, pensions and annuities, group protection, and wealth and asset management services delivered through both proprietary and third‑party distribution channels.

Prudential operates across multiple regions, with significant focus on fast‑growing markets in Asia and Africa alongside its established businesses in Europe and other international markets.

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