PNC Financial Services Group Inc. Has $376,000 Stake in Prudential Public Limited Company (NYSE:PUK)

PNC Financial Services Group Inc. boosted its position in shares of Prudential Public Limited Company (NYSE:PUK) by 20.3% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,466 shares of the financial services provider’s stock after buying an additional 2,945 shares during the period. PNC Financial Services Group Inc.’s holdings in Prudential Public were worth $376,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of PUK. Bruce G. Allen Investments LLC grew its stake in Prudential Public by 70.4% during the first quarter. Bruce G. Allen Investments LLC now owns 2,759 shares of the financial services provider’s stock worth $59,000 after buying an additional 1,140 shares in the last quarter. Cetera Trust Company N.A grew its stake in Prudential Public by 60.8% during the first quarter. Cetera Trust Company N.A now owns 5,620 shares of the financial services provider’s stock worth $121,000 after buying an additional 2,125 shares in the last quarter. GAMMA Investing LLC grew its stake in Prudential Public by 182.6% during the first quarter. GAMMA Investing LLC now owns 6,508 shares of the financial services provider’s stock worth $140,000 after buying an additional 4,205 shares in the last quarter. Parallel Advisors LLC grew its stake in Prudential Public by 28.8% during the first quarter. Parallel Advisors LLC now owns 7,162 shares of the financial services provider’s stock worth $154,000 after buying an additional 1,602 shares in the last quarter. Finally, Janney Montgomery Scott LLC acquired a new stake in Prudential Public during the first quarter worth about $201,000. 1.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently weighed in on PUK. Morgan Stanley restated an “overweight” rating on shares of Prudential Public in a research note on Tuesday, May 13th. Wall Street Zen upgraded shares of Prudential Public from a “hold” rating to a “buy” rating in a research note on Saturday, June 7th. Deutsche Bank Aktiengesellschaft upgraded shares of Prudential Public from a “hold” rating to a “buy” rating in a research note on Friday, June 6th. Finally, Barclays restated an “overweight” rating on shares of Prudential Public in a research note on Thursday, May 22nd. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy”.

Prudential Public Trading Up 0.8%

PUK opened at $26.96 on Friday. The company’s 50 day moving average is $24.95 and its 200-day moving average is $21.85. Prudential Public Limited Company has a 1-year low of $14.39 and a 1-year high of $26.98. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 0.21. The company has a market cap of $34.75 billion, a P/E ratio of 11.62, a PEG ratio of 0.77 and a beta of 1.06.

Prudential Public 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.