Point72 Asset Management L.P. bought a new position in shares of Prudential plc (NYSE:PUK - Free Report) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 69,100 shares of the financial services provider's stock, valued at approximately $1,281,000.
A number of other institutional investors have also added to or reduced their stakes in PUK. Wealth Enhancement Advisory Services LLC increased its holdings in Prudential by 16.1% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 59,749 shares of the financial services provider's stock worth $1,095,000 after buying an additional 8,307 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of Prudential by 202.2% in the second quarter. Blue Trust Inc. now owns 2,699 shares of the financial services provider's stock valued at $52,000 after purchasing an additional 1,806 shares during the last quarter. AMG National Trust Bank increased its holdings in shares of Prudential by 32.1% in the second quarter. AMG National Trust Bank now owns 151,177 shares of the financial services provider's stock valued at $2,770,000 after purchasing an additional 36,747 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Prudential by 0.5% in the second quarter. Bank of New York Mellon Corp now owns 762,032 shares of the financial services provider's stock valued at $13,960,000 after purchasing an additional 4,082 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC increased its holdings in shares of Prudential by 19.5% in the second quarter. Allspring Global Investments Holdings LLC now owns 4,663 shares of the financial services provider's stock valued at $85,000 after purchasing an additional 760 shares during the last quarter. 1.90% of the stock is currently owned by institutional investors and hedge funds.
Prudential Price Performance
Shares of Prudential stock traded up $0.06 on Wednesday, reaching $17.11. 353,626 shares of the company's stock were exchanged, compared to its average volume of 985,094. Prudential plc has a 52 week low of $15.10 and a 52 week high of $22.93. The firm's 50-day moving average is $16.90 and its two-hundred day moving average is $17.51.
Wall Street Analyst Weigh In
PUK has been the topic of several research reports. Barclays upgraded shares of Prudential to a "strong-buy" rating in a report on Tuesday, October 15th. StockNews.com cut shares of Prudential from a "hold" rating to a "sell" rating in a research report on Monday, November 25th.
Check Out Our Latest Report on PUK
About Prudential
(
Free Report)
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.
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