23,522 Shares in Prudential Public Limited Company $PUK Purchased by CHICAGO TRUST Co NA

CHICAGO TRUST Co NA acquired a new position in shares of Prudential Public Limited Company (NYSE:PUK) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 23,522 shares of the financial services provider’s stock, valued at approximately $582,000.

Other hedge funds have also modified their holdings of the company. Bank of America Corp DE grew its holdings in shares of Prudential Public by 5.6% in the first quarter. Bank of America Corp DE now owns 4,470,630 shares of the financial services provider’s stock valued at $127,100,000 after purchasing an additional 238,189 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Prudential Public by 9.3% in the first quarter. Dimensional Fund Advisors LP now owns 2,826,101 shares of the financial services provider’s stock worth $80,201,000 after purchasing an additional 240,416 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in Prudential Public by 13.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,397,352 shares of the financial services provider’s stock valued at $68,157,000 after purchasing an additional 292,677 shares in the last quarter. Quantinno Capital Management LP raised its stake in Prudential Public by 45.5% during the first quarter. Quantinno Capital Management LP now owns 638,516 shares of the financial services provider’s stock valued at $18,153,000 after purchasing an additional 199,548 shares in the last quarter. Finally, Assetmark Inc. lifted its position in Prudential Public by 14,270.3% during the first quarter. Assetmark Inc. now owns 251,049 shares of the financial services provider’s stock valued at $7,137,000 after purchasing an additional 249,302 shares during the last quarter. 1.90% of the stock is owned by hedge funds and other institutional investors.

Prudential Public Price Performance

NYSE PUK opened at $24.69 on Friday. The business’s 50 day moving average price is $25.60 and its 200-day moving average price is $28.56. Prudential Public Limited Company has a fifty-two week low of $23.31 and a fifty-two week high of $34.03.

Prudential Public (NYSE:PUK) last issued its quarterly earnings results on Friday, August 14th. The financial services provider reported $0.58 earnings per share (EPS) for the quarter. The company had revenue of $3.90 billion during the quarter. On average, equities research analysts expect that Prudential Public Limited Company will post 2.31 earnings per share for the current year.

Prudential Public Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, October 22nd. Investors of record on Friday, September 11th were issued a dividend of $0.1776 per share. This represents a yield of 133.0%. The ex-dividend date was Friday, September 11th.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on PUK. Zacks Research raised shares of Prudential Public from a “strong sell” rating to a “hold” rating in a research note on Monday, September 21st. Berenberg Bank began coverage on shares of Prudential Public in a report on Thursday, September 3rd. They issued a “buy” rating and a $39.30 price target for the company. Wall Street Zen upgraded Prudential Public from a “sell” rating to a “hold” rating in a research report on Saturday, October 17th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Prudential Public in a research note on Friday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $39.30.

Prudential Public Company Profile

Prudential plc is a financial services group that provides life and health insurance, retirement solutions and related financial products. The company serves individual and institutional customers through offerings that can include protection, savings, investment-linked insurance and wellness services.

Prudential focuses primarily on markets in Asia and Africa, with operations and partnerships serving customers across a range of emerging and developed economies. Its asset-management business, Eastspring Investments, provides investment products and services to institutional and retail clients in selected markets.

Founded in London in 1848, Prudential has undergone significant strategic changes in recent years.