Prudential Public Limited Company (NYSE:PUK - Get Free Report) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $28.24 and last traded at $28.07, with a volume of 711901 shares changing hands. The stock had previously closed at $27.85.
Analyst Ratings Changes
A number of research firms recently commented on PUK. Wall Street Zen lowered Prudential Public from a "buy" rating to a "hold" rating in a research note on Saturday, August 30th. UBS Group reiterated a "buy" rating on shares of Prudential Public in a research note on Thursday, August 28th. Deutsche Bank Aktiengesellschaft upgraded Prudential Public from a "hold" rating to a "buy" rating in a report on Friday, June 6th. Finally, Barclays reiterated an "overweight" rating on shares of Prudential Public in a report on Monday, September 8th. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Prudential Public currently has a consensus rating of "Buy".
Read Our Latest Analysis on Prudential Public
Prudential Public Trading Up 0.8%
The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.04 and a current ratio of 0.04. The stock has a market capitalization of $36.10 billion, a price-to-earnings ratio of 12.10, a P/E/G ratio of 0.79 and a beta of 1.04. The firm has a fifty day moving average of $25.98 and a 200-day moving average of $23.33.
Prudential Public Announces Dividend
The company also recently disclosed a dividend, which will be paid on Thursday, October 16th. Shareholders of record on Friday, September 5th will be issued a $0.1542 dividend. The ex-dividend date is Friday, September 5th. This represents a yield of 117.0%. Prudential Public's payout ratio is currently 12.07%.
Hedge Funds Weigh In On Prudential Public
A number of institutional investors have recently added to or reduced their stakes in the company. Valeo Financial Advisors LLC acquired a new position in Prudential Public in the 2nd quarter worth $242,000. Osaic Holdings Inc. lifted its holdings in Prudential Public by 74.3% in the 2nd quarter. Osaic Holdings Inc. now owns 5,711 shares of the financial services provider's stock worth $141,000 after buying an additional 2,434 shares in the last quarter. Orion Porfolio Solutions LLC lifted its holdings in Prudential Public by 84.8% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 30,897 shares of the financial services provider's stock worth $773,000 after buying an additional 14,174 shares in the last quarter. Evergreen Capital Management LLC grew its holdings in Prudential Public by 36.2% during the 2nd quarter. Evergreen Capital Management LLC now owns 22,928 shares of the financial services provider's stock worth $574,000 after acquiring an additional 6,088 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its holdings in Prudential Public by 725.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 385,917 shares of the financial services provider's stock worth $9,656,000 after acquiring an additional 339,188 shares in the last quarter. Institutional investors and hedge funds own 1.90% of the company's stock.
About Prudential Public
(
Get Free Report)
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.
Further Reading
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