Mckinley Capital Management LLC Delaware Has $1.46 Million Stake in Prudential Public Limited Company (PUK)

Mckinley Capital Management LLC Delaware cut its stake in shares of Prudential Public Limited Company (NYSE:PUK) by 4.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 34,539 shares of the financial services provider’s stock after selling 1,662 shares during the period. Mckinley Capital Management LLC Delaware’s holdings in Prudential Public Limited Company were worth $1,463,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Wells Fargo & Company MN increased its stake in shares of Prudential Public Limited Company by 52.0% in the first quarter. Wells Fargo & Company MN now owns 2,496,593 shares of the financial services provider’s stock valued at $105,755,000 after buying an additional 853,651 shares during the last quarter. Scout Investments Inc. increased its stake in shares of Prudential Public Limited Company by 128.0% in the first quarter. Scout Investments Inc. now owns 953,686 shares of the financial services provider’s stock valued at $35,477,000 after buying an additional 535,453 shares during the last quarter. Karp Capital Management Corp purchased a new stake in shares of Prudential Public Limited Company during the first quarter valued at $13,836,000. Parametric Portfolio Associates LLC increased its stake in shares of Prudential Public Limited Company by 14.4% in the first quarter. Parametric Portfolio Associates LLC now owns 941,126 shares of the financial services provider’s stock valued at $39,866,000 after buying an additional 118,204 shares during the last quarter. Finally, Northern Trust Corp increased its stake in shares of Prudential Public Limited Company by 4.3% in the third quarter. Northern Trust Corp now owns 1,053,214 shares of the financial services provider’s stock valued at $37,611,000 after buying an additional 43,116 shares during the last quarter. 1.71% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Prudential Public Limited Company (NYSE:PUK)

Shares of Prudential Public Limited Company (PUK) traded up 1.37% during trading on Friday, reaching $46.04. 448,110 shares of the company’s stock were exchanged. The company’s 50-day moving average price is $45.34 and its 200 day moving average price is $41.81. The firm has a market capitalization of $59.17 billion, a PE ratio of 23.95 and a beta of 1.61. Prudential Public Limited Company has a 52 week low of $29.14 and a 52 week high of $46.08.

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Several analysts have recently weighed in on PUK shares. Zacks Investment Research raised shares of Prudential Public Limited Company from a “sell” rating to a “hold” rating in a report on Wednesday, April 19th. J P Morgan Chase & Co raised shares of Prudential Public Limited Company from an “underweight” rating to a “neutral” rating in a report on Friday, March 17th. Finally, Goldman Sachs Group, Inc. (The) downgraded shares of Prudential Public Limited Company from a “conviction-buy” rating to a “buy” rating in a report on Monday, May 8th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Prudential Public Limited Company presently has a consensus rating of “Buy” and an average price target of $46.70.

Prudential Public Limited Company Company Profile

Prudential Public Limited Company (Prudential) is a United Kingdom-based international financial services company. The Company offers a range of retail financial products and services and asset management services throughout these territories. The Company operates through Insurance operations and Asset management operations.

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