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Quantinno Capital Management LP Purchases 36,087 Shares of Prudential plc (NYSE:PUK)

Prudential logo with Finance background

Quantinno Capital Management LP increased its holdings in shares of Prudential plc (NYSE:PUK - Free Report) by 21.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 206,157 shares of the financial services provider's stock after buying an additional 36,087 shares during the period. Quantinno Capital Management LP's holdings in Prudential were worth $3,822,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC grew its holdings in Prudential by 45.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,222 shares of the financial services provider's stock worth $40,000 after acquiring an additional 699 shares during the period. Blue Trust Inc. grew its position in shares of Prudential by 202.2% during the 2nd quarter. Blue Trust Inc. now owns 2,699 shares of the financial services provider's stock worth $52,000 after buying an additional 1,806 shares during the period. Allspring Global Investments Holdings LLC lifted its position in shares of Prudential by 19.5% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 4,663 shares of the financial services provider's stock valued at $85,000 after acquiring an additional 760 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in Prudential by 43.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 8,254 shares of the financial services provider's stock worth $151,000 after acquiring an additional 2,507 shares in the last quarter. Finally, Ritholtz Wealth Management acquired a new stake in Prudential in the second quarter worth $190,000. 1.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Barclays upgraded shares of Prudential to a "strong-buy" rating in a report on Tuesday, October 15th. StockNews.com lowered Prudential from a "hold" rating to a "sell" rating in a research report on Monday, November 25th.

Check Out Our Latest Analysis on Prudential

Prudential Price Performance

NYSE PUK traded up $0.44 during trading hours on Monday, hitting $17.27. The company's stock had a trading volume of 1,147,886 shares, compared to its average volume of 988,440. Prudential plc has a 52 week low of $15.10 and a 52 week high of $22.93. The company's 50-day simple moving average is $16.95 and its two-hundred day simple moving average is $17.54.

Prudential Profile

(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.

Further Reading

Institutional Ownership by Quarter for Prudential (NYSE:PUK)

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