WINTON GROUP Ltd Purchases 55,600 Shares of Prudential Public Limited Company $PUK

WINTON GROUP Ltd grew its holdings in shares of Prudential Public Limited Company (NYSE:PUK) by 373.2% in the 2nd quarter, Holdings Channel.com reports. The firm owned 70,500 shares of the financial services provider’s stock after purchasing an additional 55,600 shares during the quarter. WINTON GROUP Ltd’s holdings in Prudential Public were worth $1,890,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in PUK. Transmarket Holdings LP bought a new stake in Prudential Public during the first quarter valued at approximately $4,790,000. Bank of America Corp DE boosted its stake in shares of Prudential Public by 5.6% during the 1st quarter. Bank of America Corp DE now owns 4,470,630 shares of the financial services provider’s stock worth $127,100,000 after acquiring an additional 238,189 shares during the last quarter. UBS Group AG boosted its stake in shares of Prudential Public by 11.3% during the 4th quarter. UBS Group AG now owns 177,598 shares of the financial services provider’s stock worth $5,527,000 after acquiring an additional 18,060 shares during the last quarter. Madison Asset Management LLC bought a new stake in shares of Prudential Public during the 2nd quarter valued at $2,366,000. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of Prudential Public by 13.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,397,352 shares of the financial services provider’s stock valued at $68,157,000 after acquiring an additional 292,677 shares during the period. Institutional investors own 1.90% of the company’s stock.

Prudential Public Price Performance

Shares of PUK stock opened at $26.66 on Friday. Prudential Public Limited Company has a one year low of $24.61 and a one year high of $34.03. The company’s fifty day moving average price is $28.24 and its 200-day moving average price is $28.86. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.04 and a current ratio of 0.03.

Prudential Public (NYSE:PUK) last issued its earnings results on Friday, August 14th. The financial services provider reported $0.58 earnings per share for the quarter. The firm had revenue of $3.90 billion during the quarter. As a group, equities research analysts anticipate that Prudential Public Limited Company will post 2.34 EPS for the current year.

Prudential Public Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Thursday, October 22nd. Stockholders of record on Friday, September 11th will be given a $0.1776 dividend. This represents a dividend yield of 133.0%. The ex-dividend date is Friday, September 11th.

Analyst Ratings Changes

A number of brokerages recently commented on PUK. Morgan Stanley reaffirmed an “overweight” rating on shares of Prudential Public in a report on Friday, May 15th. Wall Street Zen lowered Prudential Public from a “hold” rating to a “sell” rating in a report on Saturday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Prudential Public in a research note on Monday, July 6th. Zacks Research cut Prudential Public from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 19th. Finally, Berenberg Bank set a $39.30 price objective on Prudential Public and gave the company a “buy” rating in a research report on Thursday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $39.30.

Prudential Public Profile

Prudential plc is a United Kingdom-based international financial services group focused on life and health insurance, retirement solutions and related financial products. The company serves individuals and businesses through products that may include life insurance, medical and health coverage, savings and investment-linked policies, pensions and retirement planning solutions.

Prudential operates primarily in Asia and Africa, with markets including Hong Kong, mainland China, Indonesia, Malaysia, Singapore, Thailand, Vietnam and other countries in the region.