Crossmark Global Holdings Inc. Grows Stock Position in Prudential plc (NYSE:PUK)

Crossmark Global Holdings Inc. grew its holdings in shares of Prudential plc (NYSE:PUKFree Report) by 9.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 85,984 shares of the financial services provider’s stock after purchasing an additional 7,169 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Prudential were worth $1,930,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PUK. Causeway Capital Management LLC increased its holdings in Prudential by 42.1% in the 3rd quarter. Causeway Capital Management LLC now owns 1,328,428 shares of the financial services provider’s stock worth $29,119,000 after acquiring an additional 393,374 shares in the last quarter. Optiver Holding B.V. bought a new position in Prudential in the 4th quarter worth approximately $5,108,000. Ramirez Asset Management Inc. bought a new position in Prudential in the 3rd quarter worth approximately $4,740,000. Envestnet Asset Management Inc. boosted its stake in Prudential by 31.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 729,427 shares of the financial services provider’s stock worth $15,989,000 after purchasing an additional 174,838 shares during the period. Finally, Northern Trust Corp boosted its stake in Prudential by 11.2% in the 3rd quarter. Northern Trust Corp now owns 1,331,838 shares of the financial services provider’s stock worth $29,194,000 after purchasing an additional 134,347 shares during the period. 1.90% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Prudential from a “sell” rating to a “hold” rating in a research note on Monday, June 3rd.

View Our Latest Analysis on Prudential

Prudential Stock Performance

Shares of PUK opened at $18.59 on Friday. The company’s fifty day moving average is $18.99 and its 200 day moving average is $20.42. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.03 and a current ratio of 0.03. Prudential plc has a fifty-two week low of $17.12 and a fifty-two week high of $29.25.

Prudential Increases Dividend

The firm also recently declared a Semi-Annual dividend, which was paid on Thursday, May 16th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.2842 per share. This is an increase from Prudential’s previous Semi-Annual dividend of $0.24. The ex-dividend date was Monday, April 1st.

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

Institutional Ownership by Quarter for Prudential (NYSE:PUK)

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