Park Avenue Securities LLC Decreases Stock Holdings in Prudential plc (NYSE:PUK)

Park Avenue Securities LLC reduced its holdings in Prudential plc (NYSE:PUKFree Report) by 15.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 12,701 shares of the financial services provider’s stock after selling 2,393 shares during the period. Park Avenue Securities LLC’s holdings in Prudential were worth $202,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. GAMMA Investing LLC lifted its holdings in shares of Prudential by 95.8% in the 4th quarter. GAMMA Investing LLC now owns 2,303 shares of the financial services provider’s stock valued at $37,000 after acquiring an additional 1,127 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in Prudential by 45.9% during the second quarter. EverSource Wealth Advisors LLC now owns 2,222 shares of the financial services provider’s stock valued at $40,000 after purchasing an additional 699 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in shares of Prudential by 51.3% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 7,057 shares of the financial services provider’s stock valued at $131,000 after purchasing an additional 2,394 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Prudential by 43.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 8,254 shares of the financial services provider’s stock worth $151,000 after purchasing an additional 2,507 shares during the period. Finally, Blue Trust Inc. increased its position in shares of Prudential by 260.7% during the 3rd quarter. Blue Trust Inc. now owns 9,735 shares of the financial services provider’s stock valued at $178,000 after purchasing an additional 7,036 shares during the last quarter. 1.90% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on PUK shares. Barclays upgraded shares of Prudential to a “strong-buy” rating in a report on Tuesday, October 15th. StockNews.com upgraded Prudential from a “sell” rating to a “hold” rating in a research report on Wednesday, January 22nd.

Get Our Latest Analysis on PUK

Prudential Price Performance

PUK opened at $16.33 on Monday. Prudential plc has a 12 month low of $14.39 and a 12 month high of $22.07. The stock has a fifty day moving average price of $15.99 and a 200-day moving average price of $16.84.

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.

See Also

Want to see what other hedge funds are holding PUK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Prudential plc (NYSE:PUKFree Report).

Institutional Ownership by Quarter for Prudential (NYSE:PUK)

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