Prudential Public Limited (PUK) Shares Bought by JPMorgan Chase & Co.
JPMorgan Chase & Co. boosted its position in Prudential Public Limited (NYSE:PUK) by 2.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 601,458 shares of the financial services provider’s stock after acquiring an additional 13,940 shares during the quarter. JPMorgan Chase & Co.’s holdings in Prudential Public were worth $28,858,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently modified their holdings of the stock. Verition Fund Management LLC acquired a new position in shares of Prudential Public during the second quarter worth about $209,000. Bank of Montreal Can lifted its stake in shares of Prudential Public by 1.3% during the second quarter. Bank of Montreal Can now owns 21,070 shares of the financial services provider’s stock worth $969,000 after purchasing an additional 268 shares in the last quarter. Sei Investments Co. lifted its stake in shares of Prudential Public by 2.4% during the third quarter. Sei Investments Co. now owns 149,553 shares of the financial services provider’s stock worth $7,165,000 after purchasing an additional 3,512 shares in the last quarter. Advisor Group Inc. lifted its stake in shares of Prudential Public by 257.6% during the third quarter. Advisor Group Inc. now owns 16,023 shares of the financial services provider’s stock worth $767,000 after purchasing an additional 11,542 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. acquired a new position in shares of Prudential Public during the second quarter worth about $342,000. Hedge funds and other institutional investors own 1.66% of the company’s stock.
A number of brokerages have commented on PUK. ValuEngine cut Prudential Public from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 9th. Zacks Investment Research upgraded Prudential Public from a “hold” rating to a “buy” rating and set a $54.00 price objective on the stock in a research note on Saturday, September 23rd. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $54.00.
Shares of Prudential Public Limited (NYSE PUK) traded up $0.21 on Thursday, hitting $48.98. The company’s stock had a trading volume of 126,600 shares, compared to its average volume of 269,045. Prudential Public Limited has a 12 month low of $38.17 and a 12 month high of $51.08.
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Prudential Public Company Profile
Prudential Public Limited Company is an international financial services company. The Company offers a range of retail financial products and services and asset management services throughout these territories. The Company operates through Insurance operations and Asset management operations. The retail financial products and services include life insurance, pensions and annuities as well as collective investment schemes.
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