Prudential Public (NYSE:PUK) Upgraded at Zacks Research

Zacks Research upgraded shares of Prudential Public (NYSE:PUK) from a strong sell rating to a hold rating in a research report released on Wednesday morning,Zacks.com reports.

Several other analysts have also recently commented on PUK. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Prudential Public in a research report on Friday, January 9th. Deutsche Bank Aktiengesellschaft assumed coverage on Prudential Public in a research report on Wednesday, January 7th. They issued a “buy” rating for the company. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Prudential Public has a consensus rating of “Moderate Buy”.

Prudential Public Trading Down 0.8%

Shares of Prudential Public stock opened at $30.29 on Wednesday. The business has a fifty day simple moving average of $30.08 and a 200-day simple moving average of $29.65. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 0.21. Prudential Public has a 12 month low of $19.11 and a 12 month high of $34.03.

Prudential Public (NYSE:PUK) last issued its earnings results on Saturday, February 14th. The financial services provider reported $25.85 EPS for the quarter. The business had revenue of $7.59 billion during the quarter. Equities analysts predict that Prudential Public will post 1.82 earnings per share for the current fiscal year.

Prudential Public Announces Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, May 13th. Investors of record on Friday, March 27th will be given a $0.3778 dividend. This represents a yield of 272.0%. The ex-dividend date is Friday, March 27th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Advisors Preferred LLC acquired a new position in Prudential Public in the 3rd quarter worth $929,000. Optiver Holding B.V. boosted its stake in Prudential Public by 41.6% in the 3rd 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. Texas Permanent School Fund Corp boosted its stake in Prudential Public by 172.1% in the 2nd quarter. Texas Permanent School Fund Corp now owns 52,855 shares of the financial services provider’s stock worth $1,322,000 after purchasing an additional 33,432 shares during the period. Gradient Investments LLC boosted its stake in Prudential Public by 47.5% in the 3rd quarter. Gradient Investments LLC now owns 53,636 shares of the financial services provider’s stock worth $1,501,000 after purchasing an additional 17,267 shares during the period. Finally, Stratos Wealth Partners LTD. acquired a new position in Prudential Public in the 3rd quarter worth $468,000. Institutional investors own 1.90% of the company’s stock.

About Prudential Public

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.