Sei Investments Co. Trims Stock Holdings in Prudential Public Limited Company $PUK

Sei Investments Co. lowered its stake in Prudential Public Limited Company (NYSE:PUK) by 9.1% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 253,177 shares of the financial services provider’s stock after selling 25,393 shares during the quarter. Sei Investments Co.’s holdings in Prudential Public were worth $7,198,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in PUK. Manchester Capital Management LLC grew its stake in shares of Prudential Public by 1,103.0% during the 4th quarter. Manchester Capital Management LLC now owns 794 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 728 shares during the period. Mcguire Capital Advisors Inc. purchased a new stake in Prudential Public in the 4th quarter worth approximately $29,000. Larson Financial Group LLC raised its stake in 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 during the period. Allworth Financial LP raised its stake in Prudential Public by 47.0% during the 4th quarter. Allworth Financial LP now owns 1,502 shares of the financial services provider’s stock worth $47,000 after acquiring an additional 480 shares during the period. Finally, Caitong International Asset Management Co. Ltd lifted its holdings in Prudential Public by 2,583.2% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,549 shares of the financial services provider’s stock valued at $79,000 after purchasing an additional 2,454 shares in the last quarter. 1.90% of the stock is owned by hedge funds and other institutional investors.

Prudential Public Stock Performance

NYSE:PUK opened at $30.25 on Monday. The stock has a 50-day moving average price of $27.92 and a 200 day moving average price of $29.68. Prudential Public Limited Company has a 12-month low of $24.61 and a 12-month high of $34.03. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 0.21.

Analysts Set New Price Targets

PUK has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Prudential Public in a research report on Monday, July 6th. Zacks Research downgraded shares of Prudential Public from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 21st. 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, Morgan Stanley restated an “overweight” rating on shares of Prudential Public in a research note on Friday, May 15th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company currently 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.