Prudential Public (NYSE:PUK) Reaches New 12-Month High – Here’s Why

Prudential Public Limited Company (NYSE:PUK)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $33.95 and last traded at $33.8930, with a volume of 61390 shares changing hands. The stock had previously closed at $33.50.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on PUK. Weiss Ratings reissued a “hold (c+)” rating on shares of Prudential Public in a research report on Friday, January 9th. Deutsche Bank Aktiengesellschaft started coverage on shares of Prudential Public in a research note on Wednesday, January 7th. They set a “buy” rating on the stock. Finally, Morgan Stanley reissued an “overweight” rating on shares of Prudential Public in a research report on Wednesday, October 29th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Prudential Public Stock Up 1.9%

The firm’s fifty day moving average is $31.30 and its 200-day moving average is $28.61.

Hedge Funds Weigh In On Prudential Public

Large investors have recently modified their holdings of the stock. Bessemer Group Inc. increased its holdings in Prudential Public by 59.9% in the third quarter. Bessemer Group Inc. now owns 1,012 shares of the financial services provider’s stock valued at $28,000 after buying an additional 379 shares during the last quarter. Westside Investment Management Inc. grew its position in shares of Prudential Public by 70.7% in the 3rd quarter. Westside Investment Management Inc. now owns 1,070 shares of the financial services provider’s stock worth $30,000 after acquiring an additional 443 shares in the last quarter. Allworth Financial LP increased its holdings in shares of Prudential Public by 47.0% in the 4th quarter. Allworth Financial LP now owns 1,502 shares of the financial services provider’s stock valued at $47,000 after acquiring an additional 480 shares during the last quarter. Assetmark Inc. raised its position in shares of Prudential Public by 448.0% during the 3rd quarter. Assetmark Inc. now owns 1,633 shares of the financial services provider’s stock valued at $46,000 after acquiring an additional 1,335 shares in the last quarter. Finally, Larson Financial Group LLC raised its position in shares of Prudential Public by 626.8% during the 3rd quarter. Larson Financial Group LLC now owns 1,657 shares of the financial services provider’s stock valued at $46,000 after acquiring an additional 1,429 shares in the last quarter. Institutional investors own 1.90% of the company’s stock.

Prudential Public Company Profile

Prudential Public (NYSE: PUK) is the New York listing for Prudential plc, a London‑headquartered international life insurance and financial services group. The company provides a range of long‑term savings, retirement and protection products designed for individual and institutional customers. Its core offerings include life insurance, pensions and annuities, group protection, and wealth and asset management services delivered through both proprietary and third‑party distribution channels.

Prudential operates across multiple regions, with significant focus on fast‑growing markets in Asia and Africa alongside its established businesses in Europe and other international markets.