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Prudential Public Limited Company (NYSE:PUK) Receives Consensus Recommendation of "Moderate Buy" from Analysts

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Key Points

  • Analyst consensus: Six analysts rate Prudential Public (NYSE: PUK) an average of "Moderate Buy" — four buy ratings and two hold ratings — with Deutsche Bank recently initiating coverage at "buy."
  • Recent results and outlook: Prudential Public reported quarterly EPS of $25.85 and revenue of $7.59 billion, and sell‑side analysts expect about 1.82 EPS for the current fiscal year.
  • Dividend declared: The firm declared a $0.3778 dividend payable May 13 (ex‑dividend March 27), which the article reports as a 272.0% dividend yield.
  • Interested in Prudential Public? Here are five stocks we like better.

Shares of Prudential Public Limited Company (NYSE:PUK - Get Free Report) have been assigned an average rating of "Moderate Buy" from the six analysts that are currently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company.

Several research firms have recently commented on PUK. Zacks Research raised shares of Prudential Public from a "strong sell" rating to a "hold" rating in a report on Wednesday. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Prudential Public in a report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Prudential Public in a report on Wednesday, January 7th. They issued a "buy" rating for the company.

Get Our Latest Research Report on PUK

Prudential Public Stock Down 0.8%

Shares of PUK stock opened at $30.29 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.04 and a quick ratio of 0.04. Prudential Public has a 1-year low of $19.11 and a 1-year high of $34.03. The firm has a fifty day moving average of $30.08 and a two-hundred day moving average of $29.65.

Prudential Public (NYSE:PUK - Get Free Report) last posted its quarterly 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 during the quarter. On average, sell-side analysts anticipate that Prudential Public will post 1.82 EPS for the current fiscal year.

Prudential Public Announces Dividend

The firm also recently declared 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 of this dividend is Friday, March 27th. This represents a dividend yield of 272.0%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of PUK. Morgan Stanley boosted its stake in Prudential Public by 79.2% during the 4th quarter. Morgan Stanley now owns 4,866,383 shares of the financial services provider's stock valued at $151,442,000 after purchasing an additional 2,150,074 shares during the period. Bank of America Corp DE boosted its stake in Prudential Public by 241.5% during the 3rd quarter. Bank of America Corp DE now owns 2,998,803 shares of the financial services provider's stock valued at $83,936,000 after purchasing an additional 2,120,580 shares during the period. Dimensional Fund Advisors LP boosted its stake in Prudential Public by 63.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,585,685 shares of the financial services provider's stock valued at $80,499,000 after purchasing an additional 1,007,961 shares during the period. BNP Paribas Financial Markets boosted its stake in Prudential Public by 99.9% during the 2nd quarter. BNP Paribas Financial Markets now owns 819,518 shares of the financial services provider's stock valued at $20,504,000 after purchasing an additional 409,517 shares during the period. Finally, Optiver Holding B.V. boosted its stake in Prudential Public by 41.6% during the 3rd quarter. Optiver Holding B.V. now owns 1,245,566 shares of the financial services provider's stock valued at $34,863,000 after purchasing an additional 365,883 shares during the period. 1.90% of the stock is owned by institutional investors and hedge funds.

About Prudential Public

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Prudential Public (NYSE:PUK)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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