Prudential Public Limited Company (NYSE:PUK) Sees Significant Growth in Short Interest

Prudential Public Limited Company (NYSE:PUK) saw a large growth in short interest in March. As of March 31st, there was short interest totaling 1,853,621 shares, a growth of 22.0% from the March 15th total of 1,519,685 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 1,107,959 shares, the days-to-cover ratio is presently 1.7 days.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on PUK shares. Zacks Research upgraded shares of Prudential Public from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 8th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Prudential Public in a report on Wednesday, January 7th. They set a “buy” rating on the stock. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Prudential Public in a research report on Wednesday, April 8th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Prudential Public Stock Performance

Shares of PUK stock opened at $30.90 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.04 and a current ratio of 0.04. The firm has a fifty day simple moving average of $29.86 and a two-hundred day simple moving average of $29.76. Prudential Public has a 12 month low of $20.26 and a 12 month high of $34.03.

Prudential Public (NYSE:PUK) last released its quarterly earnings data on Saturday, February 14th. The financial services provider reported $25.85 earnings per share for the quarter. The business had revenue of $7.59 billion during the quarter. Analysts expect that Prudential Public will post 1.82 earnings per share for the current fiscal year.

Prudential Public Announces Dividend

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

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Geneos Wealth Management Inc. grew its holdings in Prudential Public by 86.6% during the first quarter. Geneos Wealth Management Inc. now owns 3,683 shares of the financial services provider’s stock worth $79,000 after buying an additional 1,709 shares in the last quarter. Rhumbline Advisers raised its position in Prudential Public by 5.9% in the 2nd quarter. Rhumbline Advisers now owns 12,367 shares of the financial services provider’s stock valued at $309,000 after buying an additional 694 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in Prudential Public by 44.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 31,077 shares of the financial services provider’s stock valued at $778,000 after acquiring an additional 9,630 shares in the last quarter. M&T Bank Corp purchased a new position in Prudential Public during the 2nd quarter worth $231,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in Prudential Public by 197.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,132 shares of the financial services provider’s stock worth $128,000 after acquiring an additional 3,404 shares during the last quarter. Hedge funds and other institutional investors own 1.90% of the company’s stock.

Prudential Public Company Profile

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.