Bank of Montreal Can trimmed its stake in Prudential plc (NYSE:PUK - Free Report) by 26.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 585,938 shares of the financial services provider's stock after selling 210,031 shares during the period. Bank of Montreal Can's holdings in Prudential were worth $10,875,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC grew its position 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 purchasing an additional 699 shares during the last quarter. Bruce G. Allen Investments LLC bought a new position in shares of Prudential during the 2nd quarter worth about $44,000. Blue Trust Inc. lifted its holdings 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 acquiring an additional 1,806 shares during the period. Russell Investments Group Ltd. lifted its holdings in shares of Prudential by 98.0% during the 1st quarter. Russell Investments Group Ltd. now owns 2,712 shares of the financial services provider's stock worth $52,000 after acquiring an additional 1,342 shares during the period. Finally, Allspring Global Investments Holdings LLC lifted its holdings in 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 purchasing an additional 760 shares during the last quarter. 1.90% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on PUK. Deutsche Bank Aktiengesellschaft downgraded shares of Prudential from a "buy" rating to a "hold" rating in a report on Monday, August 5th. Barclays raised shares of Prudential to a "strong-buy" rating in a report on Tuesday, October 15th. Finally, StockNews.com downgraded shares of Prudential from a "hold" rating to a "sell" rating in a research note on Monday, November 25th.
Check Out Our Latest Stock Report on PUK
Prudential Trading Up 0.6 %
Shares of NYSE PUK traded up $0.10 during trading on Monday, reaching $16.45. The company had a trading volume of 277,143 shares, compared to its average volume of 987,980. Prudential plc has a 52 week low of $15.10 and a 52 week high of $22.93. The business's 50 day moving average price is $17.07 and its 200-day moving average price is $17.68.
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.
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