Prudential Public Limited Company $PUK Shares Purchased by GAMMA Investing LLC

GAMMA Investing LLC boosted its holdings in Prudential Public Limited Company (NYSE:PUK) by 24.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,078 shares of the financial services provider’s stock after buying an additional 1,570 shares during the quarter. GAMMA Investing LLC’s holdings in Prudential Public were worth $202,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of PUK. Smartleaf Asset Management LLC increased its holdings in shares of Prudential Public by 38.1% in the 1st quarter. Smartleaf Asset Management LLC now owns 2,563 shares of the financial services provider’s stock valued at $55,000 after acquiring an additional 707 shares during the last quarter. Bruce G. Allen Investments LLC boosted its holdings in shares of Prudential Public by 70.4% in the 1st quarter. Bruce G. Allen Investments LLC now owns 2,759 shares of the financial services provider’s stock valued at $59,000 after buying an additional 1,140 shares in the last quarter. SVB Wealth LLC acquired a new stake in shares of Prudential Public during the first quarter worth about $60,000. Geneos Wealth Management Inc. increased its position in Prudential Public by 86.6% during the first quarter. Geneos Wealth Management Inc. now owns 3,683 shares of the financial services provider’s stock worth $79,000 after buying an additional 1,709 shares during the period. Finally, National Bank of Canada FI grew its position in Prudential Public by 29.0% during the 1st quarter. National Bank of Canada FI now owns 3,925 shares of the financial services provider’s stock worth $84,000 after purchasing an additional 883 shares during the last quarter. 1.90% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Prudential Public from a “hold” rating to a “buy” rating in a research note on Friday, June 6th. Barclays reiterated an “overweight” rating on shares of Prudential Public in a research report on Monday, September 8th. Wall Street Zen downgraded shares of Prudential Public from a “buy” rating to a “hold” rating in a research report on Saturday, August 30th. Finally, UBS Group restated a “buy” rating on shares of Prudential Public in a research note on Thursday, August 28th. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Prudential Public currently has an average rating of “Buy”.

Prudential Public Price Performance

Shares of NYSE PUK opened at $27.78 on Monday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.04 and a current ratio of 0.04. Prudential Public Limited Company has a one year low of $14.39 and a one year high of $28.24. The firm has a market capitalization of $35.67 billion, a P/E ratio of 11.97, a PEG ratio of 0.79 and a beta of 1.04. The company’s fifty day moving average is $26.48 and its two-hundred day moving average is $23.87.

Prudential Public Announces Dividend

The business also recently announced a dividend, which will be paid on Thursday, October 16th. Shareholders of record on Friday, September 5th will be issued a $0.1542 dividend. The ex-dividend date of this dividend is Friday, September 5th. This represents a yield of 117.0%. Prudential Public’s dividend payout ratio (DPR) is 12.50%.

Prudential Public 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.