Signaturefd LLC Has $377,000 Stock Holdings in Prudential plc (NYSE:PUK)

Signaturefd LLC increased its position in Prudential plc (NYSE:PUK) by 126.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,674 shares of the financial services provider’s stock after buying an additional 13,213 shares during the period. Signaturefd LLC’s holdings in Prudential were worth $377,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Smartleaf Asset Management LLC raised its holdings in shares of Prudential by 417.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,856 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 1,497 shares during the period. Whipplewood Advisors LLC bought a new position in shares of Prudential during the fourth quarter valued at about $30,000. Advisors Preferred LLC bought a new position in Prudential in the fourth quarter worth about $31,000. GAMMA Investing LLC raised its stake in Prudential by 95.8% in the fourth quarter. GAMMA Investing LLC now owns 2,303 shares of the financial services provider’s stock worth $37,000 after buying an additional 1,127 shares in the last quarter. Finally, Ballentine Partners LLC bought a new position in Prudential in the fourth quarter worth about $163,000. Institutional investors and hedge funds own 1.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Prudential from a “hold” rating to a “sell” rating in a report on Friday, March 14th.

Prudential Price Performance

Shares of PUK stock opened at $20.71 on Friday. The company has a market capitalization of $27.25 billion, a price-to-earnings ratio of 8.93, a PEG ratio of 0.41 and a beta of 1.21. Prudential plc has a one year low of $14.39 and a one year high of $21.10. The company’s fifty day moving average price is $17.61 and its 200-day moving average price is $17.02.

Prudential Company Profile

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.