Prudential Public Limited Company $PUK Shares Sold by Atlatl Advisers LLC

Atlatl Advisers LLC trimmed its position in shares of Prudential Public Limited Company (NYSE:PUK) by 2.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,576 shares of the financial services provider’s stock after selling 444 shares during the quarter. Atlatl Advisers LLC’s holdings in Prudential Public were worth $540,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Northern Trust Corp boosted its holdings in Prudential Public by 8.3% during the first quarter. Northern Trust Corp now owns 1,878,126 shares of the financial services provider’s stock worth $40,380,000 after buying an additional 144,354 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Prudential Public by 182.6% during the first quarter. GAMMA Investing LLC now owns 6,508 shares of the financial services provider’s stock worth $140,000 after buying an additional 4,205 shares in the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in Prudential Public during the first quarter worth about $272,000. Janney Montgomery Scott LLC purchased a new stake in Prudential Public during the first quarter worth about $201,000. Finally, Cambridge Investment Research Advisors Inc. purchased a new stake in Prudential Public during the first quarter worth about $216,000. 1.90% of the stock is currently owned by institutional investors and hedge funds.

Prudential Public Price Performance

NYSE:PUK opened at $27.64 on Friday. The firm has a 50 day simple moving average of $27.21 and a 200-day simple moving average of $24.82. Prudential Public Limited Company has a 1-year low of $14.39 and a 1-year high of $28.32.

Prudential Public Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, October 16th. Stockholders of record on Friday, September 5th were given a $0.1542 dividend. This represents a dividend yield of 117.0%. The ex-dividend date of this dividend was Friday, September 5th.

Analyst Ratings Changes

A number of research firms recently commented on PUK. UBS Group reissued a “buy” rating on shares of Prudential Public in a report on Thursday, August 28th. Weiss Ratings reissued a “hold (c+)” rating on shares of Prudential Public in a report on Tuesday, October 14th. Wall Street Zen downgraded shares of Prudential Public from a “buy” rating to a “hold” rating in a report on Saturday, August 30th. Finally, Barclays reissued an “overweight” rating on shares of Prudential Public in a report on Monday, September 8th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Prudential Public currently has a consensus rating of “Moderate Buy”.

About Prudential Public

Prudential plc, through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa. The company was founded in 1848 and is headquartered in Central, Hong Kong.