Traders purchased shares of Prudential Financial Inc. (NYSE:PRU) on weakness during trading hours on Monday. $44.65 million flowed into the stock on the tick-up and $23.93 million flowed out of the stock on the tick-down, for a money net flow of $20.72 million into the stock. Of all stocks tracked, Prudential Financial had the 22nd highest net in-flow for the day. Prudential Financial traded down ($0.44) for the day and closed at $74.85

PRU has been the topic of a number of recent analyst reports. Evercore ISI initiated coverage on Prudential Financial in a research report on Wednesday, July 6th. They issued a “hold” rating and a $78.00 price objective on the stock. Zacks Investment Research upgraded Prudential Financial from a “sell” rating to a “hold” rating in a research report on Thursday, July 14th. Vetr upgraded Prudential Financial from a “buy” rating to a “strong-buy” rating and set a $87.00 price objective on the stock in a research report on Monday, May 2nd. Citigroup Inc. lowered their price objective on Prudential Financial from $83.00 to $80.00 and set a “buy” rating on the stock in a research report on Thursday, July 7th. Finally, FBR & Co increased their price objective on Prudential Financial from $80.00 to $86.00 and gave the stock an “outperform” rating in a research report on Monday, May 16th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $88.47.

The stock has a 50 day moving average of $72.98 and a 200-day moving average of $72.69. The firm has a market cap of $33.08 billion and a P/E ratio of 6.98.

Prudential Financial (NYSE:PRU) last announced its quarterly earnings results on Wednesday, May 4th. The company reported $2.18 EPS for the quarter, missing the consensus estimate of $2.37 by $0.19. The business had revenue of $11.93 billion for the quarter, compared to analyst estimates of $11.19 billion. The firm’s quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.79 EPS. Equities analysts predict that Prudential Financial Inc. will post $9.50 EPS for the current fiscal year.

Other hedge funds recently made changes to their positions in the company. Advisors Asset Management Inc. boosted its stake in shares of Prudential Financial by 14.4% in the fourth quarter. Advisors Asset Management Inc. now owns 14,176 shares of the company’s stock valued at $1,154,000 after buying an additional 1,781 shares during the last quarter. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of Prudential Financial by 2.9% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 17,051 shares of the company’s stock valued at $1,388,000 after buying an additional 486 shares during the last quarter. Oarsman Capital Inc. boosted its stake in shares of Prudential Financial by 14.8% in the fourth quarter. Oarsman Capital Inc. now owns 19,486 shares of the company’s stock valued at $1,586,000 after buying an additional 2,512 shares during the last quarter. Alpine Woods Capital Investors LLC boosted its stake in shares of Prudential Financial by 32.1% in the fourth quarter. Alpine Woods Capital Investors LLC now owns 24,300 shares of the company’s stock valued at $1,978,000 after buying an additional 5,900 shares during the last quarter. Finally, Schroder Investment Management Group boosted its stake in shares of Prudential Financial by 82.9% in the fourth quarter. Schroder Investment Management Group now owns 24,802 shares of the company’s stock valued at $2,019,000 after buying an additional 11,240 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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