Crossmark Global Holdings Inc. raised its position in shares of Prudential plc (NYSE:PUK - Free Report) by 47.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 110,551 shares of the financial services provider's stock after buying an additional 35,668 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in Prudential were worth $2,049,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Mediolanum International Funds Ltd acquired a new stake in Prudential during the 3rd quarter worth approximately $19,505,000. Allspring Global Investments Holdings LLC raised its holdings in shares of Prudential by 51.3% in the third 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 last quarter. Raymond James & Associates lifted its position in shares of Prudential by 2.6% during the third quarter. Raymond James & Associates now owns 235,720 shares of the financial services provider's stock worth $4,370,000 after acquiring an additional 6,041 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of Prudential by 260.7% in the 3rd quarter. Blue Trust Inc. now owns 9,735 shares of the financial services provider's stock worth $178,000 after purchasing an additional 7,036 shares in the last quarter. Finally, Creative Planning lifted its holdings in Prudential by 14.2% in the 3rd quarter. Creative Planning now owns 80,764 shares of the financial services provider's stock worth $1,497,000 after buying an additional 10,013 shares during the period. Institutional investors own 1.90% of the company's stock.
Wall Street Analysts Forecast Growth
PUK has been the subject of several recent analyst reports. Barclays upgraded Prudential to a "strong-buy" rating in a research note on Tuesday, October 15th. StockNews.com raised shares of Prudential from a "sell" rating to a "hold" rating in a research report on Wednesday, August 28th. Finally, Deutsche Bank Aktiengesellschaft cut shares of Prudential from a "buy" rating to a "hold" rating in a research note on Monday, August 5th.
Check Out Our Latest Analysis on Prudential
Prudential Trading Down 0.3 %
Prudential stock traded down $0.04 during trading hours on Wednesday, hitting $15.52. The stock had a trading volume of 1,587,014 shares, compared to its average volume of 987,328. Prudential plc has a fifty-two week low of $15.10 and a fifty-two week high of $23.73. The company has a 50-day moving average of $17.21 and a two-hundred day moving average of $17.97.
Prudential Cuts Dividend
The firm also recently announced a Semi-Annual dividend, which was paid on Wednesday, October 23rd. Investors of record on Friday, September 6th were issued a dividend of $0.1368 per share. The ex-dividend date was Friday, September 6th.
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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