Prudential Public Limited Company (NYSE:PUK) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Prudential Public Limited Company (NYSE:PUK) have earned a consensus recommendation of “Moderate Buy” from the seven brokerages that are presently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.

A number of equities analysts have issued reports on the company. Zacks Research raised Prudential Public from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 8th. Jefferies Financial Group lowered Prudential Public from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 22nd. Morgan Stanley reaffirmed an “overweight” rating on shares of Prudential Public in a research report on Thursday, April 23rd. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Prudential Public in a research report on Wednesday, April 8th.

Institutional Investors Weigh In On Prudential Public

A number of institutional investors have recently made changes to their positions in the company. Atlatl Advisers LLC increased its holdings in shares of Prudential Public by 1.7% in the 3rd quarter. Atlatl Advisers LLC now owns 21,935 shares of the financial services provider’s stock valued at $614,000 after acquiring an additional 359 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Prudential Public by 5.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 6,406 shares of the financial services provider’s stock valued at $199,000 after acquiring an additional 359 shares during the last quarter. Bessemer Group Inc. increased its holdings in shares of Prudential Public by 59.9% in the 3rd quarter. Bessemer Group Inc. now owns 1,012 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 379 shares during the last quarter. CWM LLC increased its holdings in shares of Prudential Public by 22.3% in the 3rd quarter. CWM LLC now owns 2,396 shares of the financial services provider’s stock valued at $67,000 after acquiring an additional 437 shares during the last quarter. Finally, Westside Investment Management Inc. increased its holdings 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 valued at $30,000 after acquiring an additional 443 shares during the last quarter. 1.90% of the stock is currently owned by institutional investors.

Prudential Public Price Performance

Shares of PUK opened at $31.21 on Wednesday. The business’s 50 day moving average is $29.85 and its two-hundred day moving average is $30.07. Prudential Public has a 52-week low of $22.09 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 (NYSE:PUK) last announced its earnings results on Saturday, February 14th. The financial services provider reported $25.85 earnings per share (EPS) for the quarter. The business had revenue of $7.59 billion during the quarter. As a group, equities research analysts predict that Prudential Public will post 2.16 earnings per share for the current fiscal year.

Prudential Public Announces Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, May 13th. Shareholders of record on Friday, March 27th will be given a $0.3778 dividend. This represents a dividend yield of 272.0%. The ex-dividend date of this dividend is Friday, March 27th.

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.