GYL Financial Synergies LLC Takes $660,000 Position in Prudential Public Limited (NYSE:PUK)

GYL Financial Synergies LLC bought a new position in Prudential Public Limited (NYSE:PUK) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 16,407 shares of the financial services provider’s stock, valued at approximately $660,000.

A number of other institutional investors have also recently modified their holdings of the stock. Lazard Asset Management LLC raised its position in Prudential Public by 344.5% in the 1st quarter. Lazard Asset Management LLC now owns 4,836,725 shares of the financial services provider’s stock worth $194,532,000 after purchasing an additional 3,748,484 shares during the period. Citigroup Inc. increased its position in shares of Prudential Public by 19.2% during the first quarter. Citigroup Inc. now owns 55,182 shares of the financial services provider’s stock worth $2,218,000 after acquiring an additional 8,892 shares during the period. Rockefeller Capital Management L.P. increased its position in shares of Prudential Public by 4,475.7% during the first quarter. Rockefeller Capital Management L.P. now owns 48,228 shares of the financial services provider’s stock worth $1,940,000 after acquiring an additional 47,174 shares during the period. Azimuth Capital Management LLC increased its position in shares of Prudential Public by 76.8% during the first quarter. Azimuth Capital Management LLC now owns 55,673 shares of the financial services provider’s stock worth $2,239,000 after acquiring an additional 24,185 shares during the period. Finally, Kayne Anderson Rudnick Investment Management LLC increased its position in shares of Prudential Public by 48.7% during the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 45,055 shares of the financial services provider’s stock worth $1,812,000 after acquiring an additional 14,759 shares during the period. 1.96% of the stock is owned by institutional investors.

PUK has been the topic of a number of research reports. Royal Bank of Canada reaffirmed a “neutral” rating on shares of Prudential Public in a research report on Wednesday, March 13th. Citigroup upgraded shares of Prudential Public from a “neutral” rating to a “buy” rating in a research note on Monday, June 10th. Zacks Investment Research upgraded shares of Prudential Public from a “sell” rating to a “hold” rating in a research note on Thursday, March 14th. Finally, ValuEngine upgraded shares of Prudential Public from a “sell” rating to a “hold” rating in a research note on Friday, May 17th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. Prudential Public currently has an average rating of “Hold”.

PUK traded down $0.18 on Friday, reaching $44.66. The stock had a trading volume of 111,364 shares, compared to its average volume of 149,500. Prudential Public Limited has a 12-month low of $33.31 and a 12-month high of $47.97. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 0.44. The company has a 50-day moving average price of $41.99. The company has a market cap of $57.90 billion, a P/E ratio of 9.04, a P/E/G ratio of 1.18 and a beta of 1.42.

Prudential Public Company Profile

Prudential plc, through its subsidiaries, provides a range of retail financial products and services, and asset management services in Asia, the United States, the United Kingdom, Europe, and Africa. The company offers health and protection, as well as other life insurance products, including participating business; mutual funds; and personal lines property and casualty insurance, group insurance, and institutional fund management services.

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Institutional Ownership by Quarter for Prudential Public (NYSE:PUK)

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