Impact Investors Inc Invests $209,000 in Prudential Public Limited Company $PUK

Impact Investors Inc acquired a new position in Prudential Public Limited Company (NYSE:PUK) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 8,335 shares of the financial services provider’s stock, valued at approximately $209,000.

Other hedge funds also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC grew its stake in shares of Prudential Public by 33.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 79,442 shares of the financial services provider’s stock worth $1,266,000 after purchasing an additional 19,889 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of Prudential Public by 8.3% in the first quarter. Northern Trust Corp now owns 1,878,126 shares of the financial services provider’s stock worth $40,380,000 after buying an additional 144,354 shares during the period. GAMMA Investing LLC boosted its holdings in shares of Prudential Public by 182.6% in the first quarter. GAMMA Investing LLC now owns 6,508 shares of the financial services provider’s stock worth $140,000 after buying an additional 4,205 shares during the period. Allspring Global Investments Holdings LLC acquired a new position in shares of Prudential Public in the first quarter worth about $272,000. Finally, Janney Montgomery Scott LLC acquired a new position in shares of Prudential Public in the first quarter worth about $201,000. Institutional investors and hedge funds own 1.90% of the company’s stock.

Wall Street Analyst Weigh In

PUK has been the subject of several recent analyst reports. Barclays reiterated an “overweight” rating on shares of Prudential Public in a report on Monday, September 8th. UBS Group reiterated a “buy” rating on shares of Prudential Public in a report on Thursday, August 28th. Wall Street Zen cut shares of Prudential Public from a “buy” rating to a “hold” rating in a report on Saturday, August 30th. Deutsche Bank Aktiengesellschaft upgraded shares of Prudential Public from a “hold” rating to a “buy” rating in a report on Friday, June 6th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Prudential Public in a research note on Saturday, September 27th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Prudential Public has an average rating of “Moderate Buy”.

Prudential Public Stock Down 0.5%

NYSE PUK opened at $27.35 on Friday. The stock has a market capitalization of $35.12 billion, a PE ratio of 11.79, a price-to-earnings-growth ratio of 0.78 and a beta of 1.02. The company has a 50 day moving average price of $26.76 and a two-hundred day moving average price of $24.08. Prudential Public Limited Company has a 12-month low of $14.39 and a 12-month high of $28.32.

Prudential Public Announces Dividend

The business also recently announced a dividend, which will be paid on Thursday, October 16th. Investors of record on Friday, September 5th will be given a dividend of $0.1542 per share. The ex-dividend date of this dividend is Friday, September 5th. This represents a yield of 117.0%. Prudential Public’s payout ratio is 12.50%.

Prudential Public 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.