Prudential Public (NYSE:PUK) Upgraded to “Strong-Buy” at Zacks Research

Zacks Research upgraded shares of Prudential Public (NYSE:PUK) from a hold rating to a strong-buy rating in a research note issued to investors on Thursday morning,Zacks.com reports.

A number of other research analysts have also weighed in on the company. Morgan Stanley restated an “overweight” rating on shares of Prudential Public in a report on Friday, May 15th. Jefferies Financial Group lowered Prudential Public from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 22nd. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Prudential Public in a report on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

Prudential Public Stock Performance

PUK stock opened at $26.56 on Thursday. Prudential Public has a twelve month low of $23.88 and a twelve month high of $34.03. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.04 and a current ratio of 0.04. The stock’s 50 day moving average is $29.75 and its 200-day moving average is $30.26.

Prudential Public (NYSE:PUK) last posted its earnings results on Saturday, February 14th. The financial services provider reported $25.85 earnings per share for the quarter. The company had revenue of $7.59 billion during the quarter. On average, research analysts predict that Prudential Public will post 2.16 EPS for the current year.

Prudential Public Dividend Announcement

The company also recently announced a dividend, which was paid on Wednesday, May 13th. Shareholders of record on Friday, March 27th were given a $0.3778 dividend. This represents a yield of 272.0%. The ex-dividend date of this dividend was Friday, March 27th.

Institutional Trading of Prudential Public

A number of large investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC increased its position in Prudential Public by 5.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 6,406 shares of the financial services provider’s stock worth $199,000 after buying an additional 359 shares during the last quarter. Bessemer Group Inc. increased its position in Prudential Public by 59.9% in the third quarter. Bessemer Group Inc. now owns 1,012 shares of the financial services provider’s stock worth $28,000 after buying an additional 379 shares during the last quarter. United Capital Financial Advisors LLC increased its position in Prudential Public by 2.8% in the third quarter. United Capital Financial Advisors LLC now owns 16,966 shares of the financial services provider’s stock worth $475,000 after buying an additional 469 shares during the last quarter. Allworth Financial LP increased its position in Prudential Public by 47.0% in the fourth quarter. Allworth Financial LP now owns 1,502 shares of the financial services provider’s stock worth $47,000 after buying an additional 480 shares during the last quarter. Finally, Quadrant Capital Group LLC increased its position in Prudential Public by 1.0% in the third quarter. Quadrant Capital Group LLC now owns 53,195 shares of the financial services provider’s stock worth $1,489,000 after buying an additional 513 shares during the last quarter. 1.90% of the stock is owned by hedge funds and other institutional investors.

About Prudential Public

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.