Catalytic Wealth RIA LLC Acquires 6,471 Shares of Prudential plc (NYSE:PUK)

Catalytic Wealth RIA LLC boosted its holdings in shares of Prudential plc (NYSE:PUK) by 36.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 24,447 shares of the financial services provider’s stock after purchasing an additional 6,471 shares during the quarter. Catalytic Wealth RIA LLC’s holdings in Prudential were worth $471,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Beacon Pointe Advisors LLC raised its stake in Prudential by 5.1% during the 4th quarter. Beacon Pointe Advisors LLC now owns 10,031 shares of the financial services provider’s stock valued at $225,000 after purchasing an additional 483 shares during the period. Pinnacle Wealth Planning Services Inc. grew its holdings in Prudential by 3.3% during the 4th quarter. Pinnacle Wealth Planning Services Inc. now owns 19,984 shares of the financial services provider’s stock valued at $449,000 after buying an additional 645 shares in the last quarter. Glassman Wealth Services grew its holdings in Prudential by 135.7% during the 4th quarter. Glassman Wealth Services now owns 1,183 shares of the financial services provider’s stock valued at $27,000 after buying an additional 681 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in Prudential by 13.6% during the 4th quarter. EverSource Wealth Advisors LLC now owns 5,873 shares of the financial services provider’s stock valued at $132,000 after buying an additional 701 shares in the last quarter. Finally, HBK Sorce Advisory LLC grew its holdings in Prudential by 6.4% during the 4th quarter. HBK Sorce Advisory LLC now owns 12,246 shares of the financial services provider’s stock valued at $275,000 after buying an additional 736 shares in the last quarter. Institutional investors own 1.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on PUK. StockNews.com upgraded Prudential from a “sell” rating to a “hold” rating in a report on Friday. BNP Paribas upgraded Prudential from a “neutral” rating to an “outperform” rating in a report on Wednesday, June 26th.

Prudential Trading Up 0.8 %

Shares of Prudential stock traded up $0.15 on Monday, reaching $18.46. The company had a trading volume of 737,911 shares, compared to its average volume of 822,379. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.03 and a quick ratio of 0.03. The firm’s 50-day moving average price is $19.03 and its two-hundred day moving average price is $19.60. Prudential plc has a 1 year low of $17.12 and a 1 year high of $28.54.

About Prudential

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.