Prudential Public Limited Company (NYSE:PUK) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Prudential Public Limited Company (NYSE:PUK) have been given a consensus rating of “Moderate Buy” by the six brokerages that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company.

Several equities research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft started coverage on Prudential Public in a report on Wednesday, January 7th. They set a “buy” rating for the company. Weiss Ratings restated a “hold (c+)” rating on shares of Prudential Public in a report on Wednesday, April 8th. Finally, Zacks Research raised shares of Prudential Public from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 8th.

Prudential Public Stock Down 0.1%

PUK stock opened at $30.85 on Friday. Prudential Public has a 12 month low of $20.11 and a 12 month high of $34.03. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.04 and a quick ratio of 0.04. The firm has a 50 day simple moving average of $29.92 and a 200 day simple moving average of $29.73.

Prudential Public (NYSE:PUK) last posted its quarterly earnings results on Saturday, February 14th. The financial services provider reported $25.85 earnings per share (EPS) for the quarter. The business had revenue of $7.59 billion during the quarter. On average, research analysts anticipate that Prudential Public will post 1.82 EPS for the current year.

Prudential Public Dividend Announcement

The company also recently declared a dividend, which will be paid on Wednesday, May 13th. Stockholders of record on Friday, March 27th will be issued a dividend of $0.3778 per share. The ex-dividend date is Friday, March 27th. This represents a dividend yield of 272.0%.

Hedge Funds Weigh In On Prudential Public

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Morgan Stanley grew its holdings in shares of Prudential Public by 79.2% during the fourth quarter. Morgan Stanley now owns 4,866,383 shares of the financial services provider’s stock valued at $151,442,000 after buying an additional 2,150,074 shares in the last quarter. Bank of America Corp DE boosted its position in Prudential Public by 241.5% during the 3rd quarter. Bank of America Corp DE now owns 2,998,803 shares of the financial services provider’s stock worth $83,936,000 after acquiring an additional 2,120,580 shares during the period. Dimensional Fund Advisors LP grew its stake in Prudential Public by 63.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,585,685 shares of the financial services provider’s stock valued at $80,499,000 after acquiring an additional 1,007,961 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in Prudential Public by 1.2% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,104,675 shares of the financial services provider’s stock valued at $65,497,000 after acquiring an additional 25,549 shares in the last quarter. Finally, Optiver Holding B.V. increased its holdings in shares of Prudential Public by 41.6% in the 3rd quarter. Optiver Holding B.V. now owns 1,245,566 shares of the financial services provider’s stock valued at $34,863,000 after purchasing an additional 365,883 shares during the period. Institutional investors and hedge funds own 1.90% of the company’s stock.

About Prudential Public

Prudential Public (NYSE: PUK) is the New York listing for Prudential plc, a London‑headquartered international life insurance and financial services group. The company provides a range of long‑term savings, retirement and protection products designed for individual and institutional customers. Its core offerings include life insurance, pensions and annuities, group protection, and wealth and asset management services delivered through both proprietary and third‑party distribution channels.

Prudential operates across multiple regions, with significant focus on fast‑growing markets in Asia and Africa alongside its established businesses in Europe and other international markets.