Y Intercept Hong Kong Ltd bought a new position in shares of Prudential plc (NYSE:PUK - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 98,500 shares of the financial services provider's stock, valued at approximately $1,826,000.
Several other large investors also recently modified their holdings of PUK. EverSource Wealth Advisors LLC lifted its stake in Prudential by 45.9% during the second 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. Blue Trust Inc. boosted its stake in Prudential by 202.2% in the second quarter. Blue Trust Inc. now owns 2,699 shares of the financial services provider's stock valued at $52,000 after buying an additional 1,806 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in Prudential by 19.5% in the second 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 last quarter. Northwestern Mutual Wealth Management Co. raised 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 bought a new position in shares of Prudential in the second quarter worth about $190,000. 1.90% of the stock is owned by institutional investors and hedge funds.
Prudential Stock Performance
Shares of PUK stock traded up $0.07 during mid-day trading on Wednesday, reaching $17.13. 524,558 shares of the stock traded hands, compared to its average volume of 985,842. The stock's fifty day simple moving average is $16.90 and its two-hundred day simple moving average is $17.51. Prudential plc has a 1-year low of $15.10 and a 1-year high of $22.93.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on PUK. Barclays raised shares of Prudential to a "strong-buy" rating in a report on Tuesday, October 15th. StockNews.com cut shares of Prudential from a "hold" rating to a "sell" rating in a research note on Monday, November 25th.
Read Our Latest Stock Analysis on PUK
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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