Zacks Research Downgrades Prudential Public (NYSE:PUK) to Strong Sell

Prudential Public (NYSE:PUK) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

A number of other research firms also recently commented on PUK. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Prudential Public in a report on Friday, January 9th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Prudential Public in a research note on Wednesday, January 7th. They issued a “buy” rating on the stock. Five equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Prudential Public has a consensus rating of “Moderate Buy”.

Prudential Public Trading Up 0.6%

PUK opened at $29.84 on Tuesday. Prudential Public has a fifty-two week low of $17.78 and a fifty-two week high of $34.03. The firm’s fifty day moving average price is $31.38 and its two-hundred day moving average price is $29.35.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in PUK. Morgan Stanley boosted its stake in shares of Prudential Public by 79.2% in the 4th quarter. Morgan Stanley now owns 4,866,383 shares of the financial services provider’s stock valued at $151,442,000 after purchasing an additional 2,150,074 shares in the last quarter. Bank of America Corp DE increased its position in shares of Prudential Public by 241.5% during the 3rd quarter. Bank of America Corp DE now owns 2,998,803 shares of the financial services provider’s stock worth $83,936,000 after purchasing an additional 2,120,580 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Prudential Public by 63.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,585,685 shares of the financial services provider’s stock valued at $80,499,000 after purchasing an additional 1,007,961 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in Prudential Public by 99.9% during the 2nd quarter. BNP Paribas Financial Markets now owns 819,518 shares of the financial services provider’s stock valued at $20,504,000 after purchasing an additional 409,517 shares during the last quarter. Finally, Optiver Holding B.V. boosted its position in Prudential Public by 41.6% in the third quarter. Optiver Holding B.V. now owns 1,245,566 shares of the financial services provider’s stock valued at $34,863,000 after buying an additional 365,883 shares in the last quarter. 1.90% of the stock is owned by institutional investors.

About Prudential Public

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.