First Trust Direct Indexing L.P. Has $538,000 Stock Position in Prudential plc (NYSE:PUK)

First Trust Direct Indexing L.P. cut its stake in shares of Prudential plc (NYSE:PUK) by 3.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,979 shares of the financial services provider’s stock after selling 955 shares during the period. First Trust Direct Indexing L.P.’s holdings in Prudential were worth $538,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of PUK. Raymond James & Associates raised its holdings in Prudential by 1.4% in the 3rd quarter. Raymond James & Associates now owns 241,610 shares of the financial services provider’s stock valued at $5,296,000 after buying an additional 3,315 shares during the last quarter. Advisor Partners II LLC grew its stake in shares of Prudential by 4.2% in the third quarter. Advisor Partners II LLC now owns 14,355 shares of the financial services provider’s stock worth $315,000 after purchasing an additional 576 shares during the last quarter. Park Avenue Securities LLC acquired a new stake in Prudential in the third quarter valued at $234,000. Altrius Capital Management Inc raised its position in Prudential by 3.3% during the 3rd quarter. Altrius Capital Management Inc now owns 268,224 shares of the financial services provider’s stock worth $5,879,000 after purchasing an additional 8,645 shares during the last quarter. Finally, Signaturefd LLC raised its position in Prudential by 53.4% during the 3rd quarter. Signaturefd LLC now owns 5,274 shares of the financial services provider’s stock worth $116,000 after purchasing an additional 1,835 shares during the last quarter. 1.90% of the stock is currently owned by institutional investors.

Prudential Trading Up 2.3 %

NYSE PUK opened at $19.00 on Monday. The business’s 50-day moving average price is $19.12 and its two-hundred day moving average price is $20.73. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 0.22. Prudential plc has a 12 month low of $17.12 and a 12 month high of $30.58.

Prudential Increases Dividend

The business also recently disclosed a Semi-Annual dividend, which will be paid on Thursday, May 16th. Investors of record on Tuesday, April 2nd will be paid a $0.2842 dividend. This is a positive change from Prudential’s previous Semi-Annual dividend of $0.24. The ex-dividend date is Monday, April 1st.

Prudential Company Profile

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.