Prudential Public Limited Company (NYSE:PUK - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $24.89 and last traded at $24.84, with a volume of 671151 shares changing hands. The stock had previously closed at $24.36.
Wall Street Analysts Forecast Growth
PUK has been the subject of several recent research reports. Wall Street Zen upgraded Prudential Public from a "hold" rating to a "buy" rating in a research note on Saturday, June 7th. Barclays reaffirmed an "overweight" rating on shares of Prudential Public in a report on Thursday, May 22nd. Citigroup reiterated a "buy" rating on shares of Prudential Public in a research report on Tuesday, April 1st. Morgan Stanley restated an "overweight" rating on shares of Prudential Public in a research report on Tuesday, May 13th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Prudential Public from a "hold" rating to a "buy" rating in a research report on Friday, June 6th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has a consensus rating of "Buy".
Check Out Our Latest Analysis on PUK
Prudential Public Trading Up 1.9%
The company has a market capitalization of $32.19 billion, a P/E ratio of 10.70, a PEG ratio of 0.69 and a beta of 1.02. The business has a fifty day moving average of $22.59 and a 200-day moving average of $19.44. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.04 and a current ratio of 0.04.
Institutional Trading of Prudential Public
A number of hedge funds have recently bought and sold shares of PUK. Causeway Capital Management LLC lifted its holdings in Prudential Public by 10.1% in the 1st quarter. Causeway Capital Management LLC now owns 2,353,670 shares of the financial services provider's stock worth $50,604,000 after buying an additional 216,828 shares during the period. Northern Trust Corp grew its position in Prudential Public by 8.3% during the 1st quarter. Northern Trust Corp now owns 1,878,126 shares of the financial services provider's stock valued at $40,380,000 after purchasing an additional 144,354 shares during the last quarter. Bank of Montreal Can raised its holdings in Prudential Public by 165.3% in the 4th 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 during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of 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. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in shares of Prudential Public by 1,133.2% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,051,231 shares of the financial services provider's stock valued at $16,757,000 after acquiring an additional 965,985 shares during the last quarter. Institutional investors own 1.90% of the company's stock.
Prudential Public Company Profile
(
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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