Prudential Public Limited Company (NYSE:PUK) Receives Average Rating of “Moderate Buy” from Analysts

Prudential Public Limited Company (NYSE:PUK) has been given a consensus rating of “Moderate Buy” by the seven research firms that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and five have issued a buy recommendation on the company.

Several brokerages have weighed in on PUK. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Prudential Public in a report on Wednesday, January 7th. They set a “buy” rating for the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Prudential Public in a research report on Friday, January 9th. Finally, Zacks Research downgraded Prudential Public from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 10th.

Institutional Investors Weigh In On Prudential Public

A number of institutional investors have recently made changes to their positions in the company. Morgan Stanley lifted its stake in Prudential Public by 79.2% during the fourth quarter. Morgan Stanley now owns 4,866,383 shares of the financial services provider’s stock worth $151,442,000 after purchasing an additional 2,150,074 shares during the last quarter. Bank of America Corp DE increased its stake in Prudential Public by 241.5% during the third quarter. Bank of America Corp DE now owns 2,998,803 shares of the financial services provider’s stock valued at $83,936,000 after purchasing an additional 2,120,580 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Prudential Public by 63.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,585,685 shares of the financial services provider’s stock valued at $80,499,000 after purchasing an additional 1,007,961 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Prudential Public by 1.2% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,104,675 shares of the financial services provider’s stock worth $65,497,000 after purchasing an additional 25,549 shares during the period. Finally, Optiver Holding B.V. raised its holdings in shares of Prudential Public by 41.6% during the third quarter. Optiver Holding B.V. now owns 1,245,566 shares of the financial services provider’s stock worth $34,863,000 after purchasing an additional 365,883 shares during the period. 1.90% of the stock is currently owned by institutional investors.

Prudential Public Stock Performance

Shares of NYSE:PUK opened at $28.96 on Tuesday. The company has a fifty day simple moving average of $31.05 and a 200 day simple moving average of $29.45. Prudential Public has a 12-month low of $17.78 and a 12-month high of $34.03.

Prudential Public Dividend Announcement

The company also recently announced a dividend, which will be paid on Wednesday, May 13th. Shareholders of record on Friday, March 27th will be issued a dividend of $0.3778 per share. This represents a yield of 262.0%. The ex-dividend date of this dividend is Friday, March 27th.

Prudential Public Company Profile

Prudential Public (NYSE: PUK) is the New York listing for Prudential plc, a London‑headquartered international life insurance and financial services group. The company provides a range of long‑term savings, retirement and protection products designed for individual and institutional customers. Its core offerings include life insurance, pensions and annuities, group protection, and wealth and asset management services delivered through both proprietary and third‑party distribution channels.

Prudential operates across multiple regions, with significant focus on fast‑growing markets in Asia and Africa alongside its established businesses in Europe and other international markets.