Madison Asset Management LLC Invests $2.37 Million in Prudential Public Limited Company $PUK

Madison Asset Management LLC bought a new position in Prudential Public Limited Company (NYSE:PUK) during the second quarter, Holdings Channel.com reports. The fund bought 88,248 shares of the financial services provider’s stock, valued at approximately $2,366,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Manchester Capital Management LLC boosted its holdings in Prudential Public by 1,103.0% during the fourth quarter. Manchester Capital Management LLC now owns 794 shares of the financial services provider’s stock worth $25,000 after buying an additional 728 shares in the last quarter. Mcguire Capital Advisors Inc. bought a new position in shares of Prudential Public in the fourth quarter valued at $29,000. Allworth Financial LP lifted its position in shares of Prudential Public by 47.0% during 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. Larson Financial Group LLC boosted its stake 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 worth $46,000 after acquiring an additional 1,429 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its stake in shares of Prudential Public by 2,583.2% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,549 shares of the financial services provider’s stock worth $79,000 after acquiring an additional 2,454 shares in the last quarter. 1.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on PUK. Morgan Stanley reaffirmed an “overweight” rating on shares of Prudential Public in a research report on Friday, May 15th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Prudential Public in a research report on Monday, July 6th. Finally, Zacks Research downgraded Prudential Public from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 21st. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Prudential Public Stock Performance

Prudential Public stock opened at $27.62 on Friday. The company has a 50 day moving average price of $28.02 and a 200 day moving average price of $29.28. Prudential Public Limited Company has a 52 week low of $24.61 and a 52 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.

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.