1 week Ago By ABMN Staff
JPMorgan Chase & Co. grew its holdings in Prudential plc ( NYSE:PUK – Free Report ) by 321.8% during the fourth quarter, Holdings Channel.
com reports. The firm owned 1,236,697 shares of the financial services provider’s stock after acquiring an additional 943,487 shares during the period. JPMorgan Chase & Co.
’s holdings in Prudential were worth $19,713,000 at the end of the most recent reporting period. Several other large investors also recently made changes to their positions in PUK. ABC Arbitrage SA bought a new position in shares of Prudential in the fourth quarter valued at about $16,207,000.
American Century Companies Inc. increased its position in Prudential by 8.5% in the 4th quarter.
American Century Companies Inc. now owns 227,177 shares of the financial services provider’s stock valued at $3,621,000 after acquiring an additional 17,878 shares in the last quarter. Madison Investment Advisors LLC bought a new position in shares of Prudential in the fourth quarter worth about $1,917,000.
Crossmark Global Holdings Inc. lifted its position in shares of Prudential by 0.8% during the fourth quarter.
Crossmark Global Holdings Inc. now owns 111,486 shares of the financial services provider’s stock worth $1,777,000 after purchasing an additional 935 shares in the last quarter. Finally, Charles Schwab Investment Management Inc.
grew its stake in shares of Prudential by 62.7% during the fourth quarter. Charles Schwab Investment Management Inc.
now owns 92,918 shares of the financial services provider’s stock valued at $1,481,000 after purchasing an additional 35,811 shares during the last quarter. Institutional investors own 1.90% of the company’s stock.
Prudential Price Performance Shares of NYSE:PUK opened at $19.15 on Friday. The company has a 50 day moving average of $19.
13 and a 200-day moving average of $17.45. Prudential plc has a one year low of $14.
39 and a one year high of $22.01. The stock has a market cap of $25.
13 billion, a price-to-earnings ratio of 8.25, a P/E/G ratio of 0.41 and a beta of 1.
00. Prudential Increases Dividend Analyst Ratings Changes PUK has been the subject of several research analyst reports. StockNews.
com upgraded shares of Prudential from a “sell” rating to a “hold” rating in a research report on Saturday, March 22nd. Citigroup reaffirmed a “buy” rating on shares of Prudential in a research note on Tuesday, April 1st. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock.
According to MarketBeat, Prudential currently has an average rating of “Moderate Buy”. View Our Latest Stock Report on PUK About Prudential ( 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.
See Also Want to see what other hedge funds are holding PUK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Prudential plc ( NYSE:PUK – Free Report ). Receive News & Ratings for Prudential Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prudential and related companies with MarketBeat.
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