Prudential plc (NYSE:PUK) Shares Sold by Bruce G. Allen Investments LLC

Bruce G. Allen Investments LLC lowered its stake in Prudential plc (NYSE:PUKFree Report) by 31.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,619 shares of the financial services provider’s stock after selling 751 shares during the period. Bruce G. Allen Investments LLC’s holdings in Prudential were worth $26,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. EverSource Wealth Advisors LLC lifted its stake in shares of Prudential by 45.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,222 shares of the financial services provider’s stock worth $40,000 after acquiring an additional 699 shares during the period. GAMMA Investing LLC lifted its position in Prudential by 95.8% in the fourth quarter. GAMMA Investing LLC now owns 2,303 shares of the financial services provider’s stock valued at $37,000 after purchasing an additional 1,127 shares during the period. Allspring Global Investments Holdings LLC increased its position in Prudential by 51.3% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 7,057 shares of the financial services provider’s stock worth $131,000 after purchasing an additional 2,394 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of Prudential by 43.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 8,254 shares of the financial services provider’s stock worth $151,000 after buying an additional 2,507 shares in the last quarter. Finally, Blue Trust Inc. lifted its holdings in shares of Prudential by 260.7% in the 3rd quarter. Blue Trust Inc. now owns 9,735 shares of the financial services provider’s stock valued at $178,000 after buying an additional 7,036 shares during the period. Hedge funds and other institutional investors own 1.90% of the company’s stock.

Prudential Trading Down 3.5 %

Shares of PUK stock traded down $0.53 during mid-day trading on Friday, reaching $14.65. The stock had a trading volume of 1,004,464 shares, compared to its average volume of 993,849. The company has a market cap of $19.47 billion, a P/E ratio of 7.25, a price-to-earnings-growth ratio of 0.46 and a beta of 1.20. The business has a 50-day simple moving average of $16.19 and a 200 day simple moving average of $17.09. Prudential plc has a 12-month low of $14.63 and a 12-month high of $22.07.

Analyst Upgrades and Downgrades

PUK has been the topic of several research analyst reports. StockNews.com lowered shares of Prudential from a “hold” rating to a “sell” rating in a research report on Monday, November 25th. Barclays upgraded shares of Prudential to a “strong-buy” rating in a research report on Tuesday, October 15th.

Get Our Latest Stock Analysis on PUK

Prudential Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Prudential (NYSE:PUK)

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