Brooklyn Investment Group Grows Stock Holdings in Prudential Public Limited Company $PUK

Brooklyn Investment Group increased its stake in Prudential Public Limited Company (NYSE:PUK) by 588.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,076 shares of the financial services provider’s stock after purchasing an additional 5,193 shares during the quarter. Brooklyn Investment Group’s holdings in Prudential Public were worth $131,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in PUK. Bruce G. Allen Investments LLC raised its stake in Prudential Public by 70.4% during the 1st quarter. Bruce G. Allen Investments LLC now owns 2,759 shares of the financial services provider’s stock valued at $59,000 after buying an additional 1,140 shares during the last quarter. National Bank of Canada FI grew its holdings in shares of Prudential Public by 29.0% in the first quarter. National Bank of Canada FI now owns 3,925 shares of the financial services provider’s stock worth $84,000 after acquiring an additional 883 shares during the period. Allianz SE bought a new stake in shares of Prudential Public in the first quarter worth $88,000. Cetera Trust Company N.A increased its position in Prudential Public by 60.8% during the first quarter. Cetera Trust Company N.A now owns 5,620 shares of the financial services provider’s stock valued at $121,000 after acquiring an additional 2,125 shares during the last quarter. Finally, GAMMA Investing LLC lifted its holdings in Prudential Public by 182.6% in the first quarter. GAMMA Investing LLC now owns 6,508 shares of the financial services provider’s stock valued at $140,000 after acquiring an additional 4,205 shares during the period. Institutional investors own 1.90% of the company’s stock.

Prudential Public Stock Up 0.5%

PUK stock opened at $26.6950 on Thursday. The business’s 50-day moving average price is $25.16 and its 200-day moving average price is $22.12. The stock has a market cap of $34.39 billion, a P/E ratio of 11.51, a PEG ratio of 0.77 and a beta of 1.06. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 0.21. Prudential Public Limited Company has a twelve month low of $14.39 and a twelve month high of $26.98.

Analysts Set New Price Targets

A number of research firms have issued reports on PUK. Barclays restated an “overweight” rating on shares of Prudential Public in a research note on Thursday, May 22nd. Morgan Stanley reissued an “overweight” rating on shares of Prudential Public in a report on Tuesday, May 13th. Deutsche Bank Aktiengesellschaft raised shares of Prudential Public from a “hold” rating to a “buy” rating in a report on Friday, June 6th. Finally, Wall Street Zen upgraded shares of Prudential Public from a “hold” rating to a “buy” rating in a research report on Saturday, June 7th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy”.

Prudential Public 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.