Wealth Alliance LLC Lowers Stock Position in Prudential Public Limited Company $PUK

Wealth Alliance LLC trimmed its position in shares of Prudential Public Limited Company (NYSE:PUK) by 15.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,119 shares of the financial services provider’s stock after selling 5,169 shares during the period. Wealth Alliance LLC’s holdings in Prudential Public were worth $704,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the stock. Vise Technologies Inc. acquired a new stake in Prudential Public during the 2nd quarter valued at approximately $365,000. Savant Capital LLC acquired a new stake in Prudential Public during the second quarter worth approximately $422,000. Cetera Trust Company N.A boosted its holdings in Prudential Public by 22.2% in the second quarter. Cetera Trust Company N.A now owns 6,870 shares of the financial services provider’s stock valued at $172,000 after acquiring an additional 1,250 shares during the last quarter. Bank of Montreal Can lifted its stake in shares of Prudential Public by 6.9% in the second quarter. Bank of Montreal Can now owns 1,308,520 shares of the financial services provider’s stock worth $32,739,000 after acquiring an additional 84,269 shares in the last quarter. Finally, AMG National Trust Bank grew its position in shares of Prudential Public by 0.7% during the 2nd quarter. AMG National Trust Bank now owns 136,574 shares of the financial services provider’s stock valued at $3,417,000 after buying an additional 1,004 shares during the last quarter. 1.90% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on PUK shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of Prudential Public in a research report on Tuesday, October 14th. Barclays reissued an “overweight” rating on shares of Prudential Public in a research report on Monday, September 8th. Morgan Stanley restated an “overweight” rating on shares of Prudential Public in a research note on Wednesday, October 29th. UBS Group reaffirmed a “buy” rating on shares of Prudential Public in a research note on Thursday, August 28th. Finally, Wall Street Zen lowered shares of Prudential Public from a “buy” rating to a “hold” rating in a research report on Saturday, August 30th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Prudential Public Stock Performance

NYSE PUK traded down $0.01 during trading hours on Thursday, reaching $28.99. 100,505 shares of the company were exchanged, compared to its average volume of 967,552. The business’s 50 day simple moving average is $27.69 and its 200-day simple moving average is $25.57. Prudential Public Limited Company has a 1 year low of $14.39 and a 1 year high of $29.02.

Prudential Public Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, October 16th. Stockholders of record on Friday, September 5th were issued a dividend of $0.1542 per share. The ex-dividend date was Friday, September 5th. This represents a dividend yield of 117.0%.

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.