Prudential plc (NYSE:PUK - Get Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as $15.10 and last traded at $15.17, with a volume of 158487 shares. The stock had previously closed at $15.73.
Analyst Ratings Changes
PUK has been the subject of several research reports. StockNews.com lowered shares of Prudential from a "hold" rating to a "sell" rating in a research report on Monday, November 25th. Barclays raised shares of Prudential to a "strong-buy" rating in a research report on Tuesday, October 15th.
Get Our Latest Stock Report on PUK
Prudential Trading Down 3.6 %
The stock has a market cap of $20.16 billion, a PE ratio of 7.51, a PEG ratio of 0.46 and a beta of 1.20. The business has a 50-day moving average price of $16.22 and a 200 day moving average price of $17.11.
Hedge Funds Weigh In On Prudential
A number of institutional investors and hedge funds have recently added to or reduced their stakes in PUK. EverSource Wealth Advisors LLC boosted its holdings in Prudential by 45.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,222 shares of the financial services provider's stock worth $40,000 after buying an additional 699 shares during the period. GAMMA Investing LLC grew its position in shares of Prudential by 95.8% in the fourth quarter. GAMMA Investing LLC now owns 2,303 shares of the financial services provider's stock valued at $37,000 after purchasing an additional 1,127 shares in the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of Prudential by 51.3% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 7,057 shares of the financial services provider's stock valued at $131,000 after purchasing an additional 2,394 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in Prudential by 43.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 8,254 shares of the financial services provider's stock valued at $151,000 after buying an additional 2,507 shares in the last quarter. Finally, Blue Trust Inc. lifted its holdings in shares of Prudential by 260.7% in the third quarter. Blue Trust Inc. now owns 9,735 shares of the financial services provider's stock worth $178,000 after buying an additional 7,036 shares in the last quarter. Institutional investors own 1.90% of the company's stock.
About Prudential
(
Get 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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