Prudential PLC (NYSE:PUK) shares were down 2.2% during mid-day trading on Friday . The company traded as low as $33.90 and last traded at $33.94, with a volume of 553,637 shares trading hands. The stock had previously closed at $34.72.

A number of research analysts recently issued reports on PUK shares. Zacks Investment Research cut shares of Prudential PLC from a “hold” rating to a “sell” rating in a research note on Thursday, March 31st. BNP Paribas started coverage on shares of Prudential PLC in a research report on Thursday, March 24th. They issued an “outperform” rating on the stock. JPMorgan Chase & Co. lowered shares of Prudential PLC from a “neutral” rating to an “underweight” rating in a research report on Tuesday, July 5th. Finally, Societe Generale lowered shares of Prudential PLC from a “buy” rating to a “hold” rating in a research report on Tuesday, May 31st. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $49.50.

The company has a 50-day moving average price of $35.46 and a 200 day moving average price of $37.46. The firm has a market cap of $43.68 billion and a P/E ratio of 13.12.

Other hedge funds have made changes to their positions in the company. Eaton Vance Management boosted its stake in shares of Prudential PLC by 43.4% in the fourth quarter. Eaton Vance Management now owns 383,475 shares of the company’s stock worth $17,287,000 after buying an additional 115,996 shares during the last quarter. Hansberger Growth Investors LP boosted its stake in shares of Prudential PLC by 3.1% in the fourth quarter. Hansberger Growth Investors LP now owns 61,190 shares of the company’s stock worth $2,758,000 after buying an additional 1,828 shares during the last quarter. Comerica Bank boosted its stake in shares of Prudential PLC by 2.8% in the fourth quarter. Comerica Bank now owns 99,513 shares of the company’s stock worth $3,955,000 after buying an additional 2,744 shares during the last quarter. TD Asset Management Inc. boosted its stake in shares of Prudential PLC by 10.2% in the fourth quarter. TD Asset Management Inc. now owns 86,787 shares of the company’s stock worth $4,319,000 after buying an additional 8,023 shares during the last quarter. Finally, Neuberger Berman Group LLC boosted its stake in shares of Prudential PLC by 18.0% in the fourth quarter. Neuberger Berman Group LLC now owns 261,853 shares of the company’s stock worth $11,804,000 after buying an additional 39,887 shares during the last quarter.

Prudential PLC (Prudential) is an international financial services group with operations in Asia, the United States and the United Kingdom. The Company provides insurance and financial services directly and through its subsidiaries and affiliates across the world. Its operating segments include Insurance operations and Asset management operations.

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