Allianz SE Has $189,000 Holdings in Prudential Public Limited Company $PUK

Allianz SE lifted its holdings in shares of Prudential Public Limited Company (NYSE:PUK) by 85.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,541 shares of the financial services provider’s stock after purchasing an additional 3,467 shares during the quarter. Allianz SE’s holdings in Prudential Public were worth $189,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in PUK. Smartleaf Asset Management LLC increased its stake in Prudential Public by 38.1% during the 1st quarter. Smartleaf Asset Management LLC now owns 2,563 shares of the financial services provider’s stock worth $55,000 after acquiring an additional 707 shares during the period. SVB Wealth LLC acquired a new stake in shares of Prudential Public during the 1st quarter worth $60,000. Geneos Wealth Management Inc. grew its holdings in shares of Prudential Public by 86.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 3,683 shares of the financial services provider’s stock worth $79,000 after purchasing an additional 1,709 shares in the last quarter. National Bank of Canada FI increased its position in shares of Prudential Public by 29.0% in the first 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 period. Finally, Brooklyn Investment Group raised its stake in Prudential Public by 588.1% in the first quarter. Brooklyn Investment Group now owns 6,076 shares of the financial services provider’s stock valued at $131,000 after purchasing an additional 5,193 shares in the last quarter. 1.90% of the stock is currently owned by institutional investors.

Prudential Public Trading Down 0.5%

Prudential Public stock opened at $28.53 on Friday. The stock has a 50-day moving average price of $27.77 and a two-hundred day moving average price of $25.64. Prudential Public Limited Company has a 12 month low of $14.39 and a 12 month high of $29.06.

Prudential Public Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, October 16th. Investors of record on Friday, September 5th were issued a $0.1542 dividend. This represents a yield of 117.0%. The ex-dividend date was Friday, September 5th.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Wall Street Zen downgraded shares of Prudential Public from a “buy” rating to a “hold” rating in a research note on Saturday, August 30th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Prudential Public in a research report on Tuesday, October 14th. UBS Group reissued a “buy” rating on shares of Prudential Public in a research note on Thursday, August 28th. Barclays restated an “overweight” rating on shares of Prudential Public in a research report on Monday, September 8th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Prudential Public in a research note on Wednesday, October 29th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

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.