Short Interest in Prudential Public Limited Company (NYSE:PUK) Increases By 22.0%

Key Points

• Short interest in Prudential Public (NYSE:PUK) rose by 22.0% in March to 1,853,621 shares, equal to about 0.1% of shares outstanding and a days‑to‑cover ratio of 1.7 days.
• The company declared a $0.3778 dividend payable May 13 (ex‑dividend March 27), which MarketBeat reports as a 272.0% yield.
• Analysts rate the stock a "Moderate Buy" (four Buys, two Holds); shares trade near $30.50 with a 52‑week range of $20.26–$34.03, and the firm recently reported $25.85 EPS and $7.59B in quarterly revenue.

Prudential Public Limited Company (NYSE:PUK - Get Free Report) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 1,853,621 shares, a growth of 22.0% from the March 15th total of 1,519,685 shares. Based on an average daily trading volume, of 1,107,959 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.1% of the company's shares are short sold.

Institutional Investors Weigh In On Prudential Public

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Atlatl Advisers LLC grew its holdings in Prudential Public by 1.7% in the third quarter. Atlatl Advisers LLC now owns 21,935 shares of the financial services provider's stock worth $614,000 after purchasing an additional 359 shares during the period. EverSource Wealth Advisors LLC grew its holdings in Prudential Public by 5.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 6,406 shares of the financial services provider's stock worth $199,000 after purchasing an additional 359 shares during the period. Bessemer Group Inc. grew its holdings in Prudential Public by 59.9% in the third quarter. Bessemer Group Inc. now owns 1,012 shares of the financial services provider's stock worth $28,000 after purchasing an additional 379 shares during the period. CWM LLC grew its holdings in Prudential Public by 22.3% in the third quarter. CWM LLC now owns 2,396 shares of the financial services provider's stock worth $67,000 after purchasing an additional 437 shares during the period. Finally, Westside Investment Management Inc. grew its holdings in Prudential Public by 70.7% in the third quarter. Westside Investment Management Inc. now owns 1,070 shares of the financial services provider's stock worth $30,000 after purchasing an additional 443 shares during the period. Hedge funds and other institutional investors own 1.90% of the company's stock.

Prudential Public Stock Performance

Shares of NYSE PUK opened at $30.52 on Friday. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 0.21. Prudential Public has a 1 year low of $20.26 and a 1 year high of $34.03. The company's 50-day moving average is $29.89 and its 200 day moving average is $29.74.

Prudential Public (NYSE:PUK - Get Free Report) last announced its quarterly earnings data on Saturday, February 14th. The financial services provider reported $25.85 earnings per share for the quarter. The business had revenue of $7.59 billion during the quarter. On average, analysts anticipate that Prudential Public will post 1.82 EPS for the current fiscal year.

Prudential Public Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on PUK shares. Weiss Ratings reiterated a "hold (c+)" rating on shares of Prudential Public in a research report on Wednesday, April 8th. Zacks Research upgraded shares of Prudential Public from a "strong sell" rating to a "hold" rating in a research report on Wednesday, April 8th. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of Prudential Public in a research report on Wednesday, January 7th. They set a "buy" rating on the stock. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy".

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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