Prudential plc (NYSE:PUK) Holdings Raised by Gradient Investments LLC

Gradient Investments LLC grew its stake in shares of Prudential plc (NYSE:PUK) by 32.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 31,924 shares of the financial services provider’s stock after acquiring an additional 7,892 shares during the period. Gradient Investments LLC’s holdings in Prudential were worth $509,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Crossmark Global Holdings Inc. grew its stake in Prudential by 0.8% in the fourth quarter. Crossmark Global Holdings Inc. now owns 111,486 shares of the financial services provider’s stock valued at $1,777,000 after purchasing an additional 935 shares in the last quarter. Ballentine Partners LLC acquired a new stake in shares of Prudential during the 4th quarter valued at about $163,000. GAMMA Investing LLC grew its stake 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 valued at $37,000 after buying an additional 1,127 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Prudential by 353.1% in the third quarter. JPMorgan Chase & Co. now owns 293,210 shares of the financial services provider’s stock worth $5,436,000 after buying an additional 228,499 shares during the last quarter. Finally, Barclays PLC bought a new position in Prudential during the third quarter valued at approximately $556,000. 1.90% of the stock is owned by institutional investors and hedge funds.

Prudential Stock Up 1.4 %

Shares of Prudential stock opened at $16.33 on Friday. Prudential plc has a 12-month low of $14.39 and a 12-month high of $22.07. The stock has a 50 day moving average price of $15.99 and a two-hundred day moving average price of $16.85.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the stock. Barclays upgraded shares of Prudential to a “strong-buy” rating in a research note on Tuesday, October 15th. StockNews.com raised shares of Prudential from a “sell” rating to a “hold” rating in a research report on Wednesday.

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.