UBS Group AG Raises Position in Prudential Public Limited Company $PUK

UBS Group AG grew its holdings in shares of Prudential Public Limited Company (NYSE:PUK) by 11.3% in the fourth quarter, HoldingsChannel reports. The fund owned 177,598 shares of the financial services provider’s stock after purchasing an additional 18,060 shares during the quarter. UBS Group AG’s holdings in Prudential Public were worth $5,527,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Concurrent Investment Advisors LLC raised its holdings in Prudential Public by 70.5% in the 4th quarter. Concurrent Investment Advisors LLC now owns 18,830 shares of the financial services provider’s stock worth $586,000 after purchasing an additional 7,787 shares during the period. M&T Bank Corp lifted its position in Prudential Public by 936.2% during the fourth quarter. M&T Bank Corp now owns 98,312 shares of the financial services provider’s stock valued at $3,059,000 after purchasing an additional 88,824 shares in the last quarter. Merit Financial Group LLC grew its holdings in Prudential Public by 3.8% during the fourth quarter. Merit Financial Group LLC now owns 18,668 shares of the financial services provider’s stock valued at $581,000 after purchasing an additional 690 shares during the period. PDS Planning Inc grew its holdings in Prudential Public by 7.7% during the fourth quarter. PDS Planning Inc now owns 9,115 shares of the financial services provider’s stock valued at $284,000 after purchasing an additional 650 shares during the period. Finally, Farther Finance Advisors LLC increased its position in Prudential Public by 205.5% in the fourth quarter. Farther Finance Advisors LLC now owns 3,730 shares of the financial services provider’s stock worth $116,000 after buying an additional 2,509 shares in the last quarter. 1.90% of the stock is currently owned by hedge funds and other institutional investors.

Prudential Public Trading Up 3.1%

Shares of Prudential Public stock opened at $31.26 on Thursday. Prudential Public Limited Company has a fifty-two week low of $22.14 and a fifty-two week high of $34.03. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 0.21. The company has a fifty day moving average of $30.03 and a 200 day moving average of $30.29.

Prudential Public (NYSE:PUK) last posted its quarterly earnings results on Saturday, February 14th. The financial services provider reported $25.85 EPS for the quarter. The business had revenue of $7.59 billion for the quarter. On average, equities analysts forecast that Prudential Public Limited Company will post 2.16 earnings per share for the current fiscal year.

Prudential Public Dividend Announcement

The firm also recently announced a dividend, which was paid on Wednesday, May 13th. Investors of record on Friday, March 27th were paid a dividend of $0.3778 per share. This represents a yield of 272.0%. The ex-dividend date of this dividend was Friday, March 27th.

Wall Street Analyst Weigh In

Several research analysts have recently commented on PUK shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Prudential Public in a research note on Wednesday, April 8th. Morgan Stanley reissued an “overweight” rating on shares of Prudential Public in a report on Friday, May 15th. Jefferies Financial Group cut shares of Prudential Public from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 22nd. Finally, Zacks Research raised shares of Prudential Public from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 8th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Prudential Public 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.