Shares of Prudential Financial Inc. (NYSE:PRU) traded up 3.2% on Thursday . The company traded as high as $75.50 and last traded at $75.44, with a volume of 1,287,215 shares. The stock had previously closed at $73.10.

A number of analysts recently weighed in on the stock. Citigroup Inc. reaffirmed a “buy” rating and issued a $102.00 price objective (down from $104.00) on shares of Prudential Financial in a research note on Friday, March 18th. Macquarie reaffirmed a “neutral” rating and issued a $88.00 price objective (up from $85.00) on shares of Prudential Financial in a research note on Friday, March 18th. Evercore ISI assumed coverage on shares of Prudential Financial in a research note on Wednesday, July 6th. They issued a “hold” rating and a $78.00 price objective for the company. Drexel Hamilton reaffirmed a “buy” rating on shares of Prudential Financial in a research note on Friday, March 18th. Finally, Zacks Investment Research raised shares of Prudential Financial from a “sell” rating to a “hold” rating in a research note on Thursday. One investment analyst has rated the stock with a sell rating, six have given a hold rating, ten have given a buy rating and two have given a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $88.47.

The firm has a 50-day moving average of $73.65 and a 200 day moving average of $72.85. The firm has a market cap of $33.16 billion and a P/E ratio of 7.00.

Prudential Financial (NYSE:PRU) last announced its quarterly earnings data on Wednesday, May 4th. The company reported $2.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.37 by $0.19. The firm earned $11.93 billion during the quarter, compared to analyst estimates of $11.19 billion. The business’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same period in the previous year, the firm earned $2.79 EPS. Analysts expect that Prudential Financial Inc. will post $9.51 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 16th. Stockholders of record on Tuesday, May 24th were paid a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 3.73%. The ex-dividend date was Friday, May 20th.

Several institutional investors recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in shares of Prudential Financial by 3.4% in the fourth quarter. Vanguard Group Inc. now owns 27,101,483 shares of the company’s stock valued at $2,206,331,000 after buying an additional 882,148 shares during the last quarter. Morgan Stanley boosted its position in shares of Prudential Financial by 3.4% in the fourth quarter. Morgan Stanley now owns 9,270,281 shares of the company’s stock valued at $754,693,000 after buying an additional 303,380 shares during the last quarter. BNP Paribas Arbitrage SA boosted its position in shares of Prudential Financial by 266.5% in the fourth quarter. BNP Paribas Arbitrage SA now owns 228,282 shares of the company’s stock valued at $18,584,000 after buying an additional 165,994 shares during the last quarter. Winton Capital Group Ltd bought a new position in shares of Prudential Financial during the fourth quarter valued at about $9,011,000. Finally, Adams Diversified Equity Fund Inc. boosted its position in shares of Prudential Financial by 26.2% in the fourth quarter. Adams Diversified Equity Fund Inc. now owns 246,000 shares of the company’s stock valued at $20,027,000 after buying an additional 51,000 shares during the last quarter.

Prudential Financial, Inc is a financial services company. The Company, through its subsidiaries and affiliates, provides a range of financial products and services, including life insurance, annuities and investment management. The Company’s divisions include U.S. Retirement Solutions and Investment Management Division; U.S.

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