DCM Advisors LLC raised its stake in Prudential Financial, Inc. (NYSE:PRU – Get Rating) by 18.9% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 12,019 shares of the financial services provider’s stock after buying an additional 1,912 shares during the quarter. DCM Advisors LLC’s holdings in Prudential Financial were worth $1,420,000 as of its most recent SEC filing.
A number of other hedge funds also recently added to or reduced their stakes in the stock. Rather & Kittrell Inc. bought a new position in Prudential Financial in the 4th quarter valued at about $27,000. FSB Premier Wealth Management Inc. bought a new position in Prudential Financial in the 4th quarter valued at about $29,000. Jones Financial Companies Lllp bought a new position in Prudential Financial in the 1st quarter valued at about $30,000. EverSource Wealth Advisors LLC bought a new position in Prudential Financial in the 4th quarter valued at about $31,000. Finally, GHP Investment Advisors Inc. bought a new position in Prudential Financial in the 1st quarter valued at about $33,000. 56.77% of the stock is currently owned by institutional investors.
Prudential Financial Price Performance
Prudential Financial stock traded up $1.23 during mid-day trading on Tuesday, hitting $98.53. 23,889 shares of the company were exchanged, compared to its average volume of 1,810,306. The company has a quick ratio of 0.06, a current ratio of 0.07 and a debt-to-equity ratio of 0.68. The business has a fifty day moving average of $97.08 and a 200 day moving average of $106.74. Prudential Financial, Inc. has a 1-year low of $89.73 and a 1-year high of $124.22. The company has a market capitalization of $36.95 billion, a PE ratio of 18.02, a price-to-earnings-growth ratio of 1.06 and a beta of 1.42.
Analyst Upgrades and Downgrades
Prudential Financial Company Profile
Prudential Financial, Inc, together with its subsidiaries, provides insurance, investment management, and other financial products and services in the United States and internationally. It operates through eight segments: PGIM, Retirement, Group Insurance, Individual Annuities, Individual Life, Assurance IQ, International Businesses, and Closed Block.
- Get a free copy of the StockNews.com research report on Prudential Financial (PRU)
- Are Medtronic And Intuitive Surgical Poised For Big Growth?
- Insider Sales At Cloudflare Are No Worry For Investors
- Ralph Lauren Is A Retail Stock You Can Buy And Hold
- Home Depot, Lowe’s On Track To Grow 2022 Earnings
- Could Smaller be Better for Investors in Norwegian Cruise Lines?
Receive News & Ratings for Prudential Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prudential Financial and related companies with MarketBeat.com's FREE daily email newsletter.