Vestmark Advisory Solutions Inc. Grows Stock Holdings in Prudential plc (NYSE:PUK)

Vestmark Advisory Solutions Inc. lifted its stake in shares of Prudential plc (NYSE:PUK - Free Report) by 107.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 25,385 shares of the financial services provider's stock after purchasing an additional 13,131 shares during the quarter. Vestmark Advisory Solutions Inc.'s holdings in Prudential were worth $405,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Crossmark Global Holdings Inc. increased its position in shares of Prudential by 0.8% in the fourth quarter. Crossmark Global Holdings Inc. now owns 111,486 shares of the financial services provider's stock worth $1,777,000 after purchasing an additional 935 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Prudential by 95.8% in the 4th quarter. GAMMA Investing LLC now owns 2,303 shares of the financial services provider's stock worth $37,000 after acquiring an additional 1,127 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of Prudential by 417.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,856 shares of the financial services provider's stock valued at $29,000 after purchasing an additional 1,497 shares in the last quarter. Whipplewood Advisors LLC bought a new position in shares of Prudential during the 4th quarter valued at $30,000. Finally, Advisors Preferred LLC purchased a new position in Prudential in the 4th quarter worth $31,000. Hedge funds and other institutional investors own 1.90% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Prudential from a "sell" rating to a "hold" rating in a research note on Wednesday, January 22nd.

Remove Ads

Prudential Stock Up 1.6 %

Shares of PUK traded up $0.31 during trading hours on Wednesday, reaching $19.41. 962,043 shares of the company traded hands, compared to its average volume of 1,041,123. Prudential plc has a 12 month low of $14.39 and a 12 month high of $21.10. The company's fifty day moving average price is $17.00 and its two-hundred day moving average price is $16.90. The company has a market capitalization of $25.59 billion, a price-to-earnings ratio of 8.36, a price-to-earnings-growth ratio of 0.41 and a beta of 1.21.

Prudential Profile

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.