Prudential Public Limited Company (PUK) Shares Bought by Royal Bank of Canada

Royal Bank of Canada raised its position in shares of Prudential Public Limited Company (NYSE:PUK) by 1.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 542,866 shares of the financial services provider’s stock after acquiring an additional 6,634 shares during the quarter. Royal Bank of Canada’s holdings in Prudential Public Limited were worth $24,977,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Bank of America Corp DE grew its position in shares of Prudential Public Limited by 5.8% in the first quarter. Bank of America Corp DE now owns 3,500,335 shares of the financial services provider’s stock valued at $148,274,000 after purchasing an additional 190,380 shares in the last quarter. Northern Trust Corp grew its position in shares of Prudential Public Limited by 2.1% in the second quarter. Northern Trust Corp now owns 1,667,845 shares of the financial services provider’s stock valued at $76,737,000 after purchasing an additional 33,732 shares in the last quarter. Lazard Asset Management LLC grew its position in shares of Prudential Public Limited by 0.9% in the first quarter. Lazard Asset Management LLC now owns 1,056,582 shares of the financial services provider’s stock valued at $44,756,000 after purchasing an additional 9,801 shares in the last quarter. Parametric Portfolio Associates LLC grew its position in shares of Prudential Public Limited by 5.4% in the second quarter. Parametric Portfolio Associates LLC now owns 991,959 shares of the financial services provider’s stock valued at $45,640,000 after purchasing an additional 50,833 shares in the last quarter. Finally, Scout Investments Inc. grew its position in shares of Prudential Public Limited by 51.6% in the second quarter. Scout Investments Inc. now owns 627,523 shares of the financial services provider’s stock valued at $28,872,000 after purchasing an additional 213,627 shares in the last quarter. Institutional investors and hedge funds own 1.60% of the company’s stock.

A number of research firms have recently issued reports on PUK. BidaskClub upgraded Prudential Public Limited from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 5th. Zacks Investment Research lowered Prudential Public Limited from a “buy” rating to a “hold” rating in a research report on Saturday, August 19th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Prudential Public Limited has an average rating of “Buy” and a consensus price target of $54.00.

TRADEMARK VIOLATION NOTICE: “Prudential Public Limited Company (PUK) Shares Bought by Royal Bank of Canada” was first published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this article on another domain, it was stolen and republished in violation of U.S. & international copyright law. The original version of this article can be viewed at https://ledgergazette.com/2017/10/10/prudential-public-limited-company-puk-shares-bought-by-royal-bank-of-canada.html.

Shares of Prudential Public Limited Company (

Several other hedge funds also recently bought and sold shares of the company. Bank of America Corp DE grew its position in shares of Prudential Public Limited by 5.8% in the first quarter. Bank of America Corp DE now owns 3,500,335 shares of the financial services provider’s stock valued at $148,274,000 after purchasing an additional 190,380 shares in the last quarter. Northern Trust Corp grew its position in shares of Prudential Public Limited by 2.1% in the second quarter. Northern Trust Corp now owns 1,667,845 shares of the financial services provider’s stock valued at $76,737,000 after purchasing an additional 33,732 shares in the last quarter. Lazard Asset Management LLC grew its position in shares of Prudential Public Limited by 0.9% in the first quarter. Lazard Asset Management LLC now owns 1,056,582 shares of the financial services provider’s stock valued at $44,756,000 after purchasing an additional 9,801 shares in the last quarter. Parametric Portfolio Associates LLC grew its position in shares of Prudential Public Limited by 5.4% in the second quarter. Parametric Portfolio Associates LLC now owns 991,959 shares of the financial services provider’s stock valued at $45,640,000 after purchasing an additional 50,833 shares in the last quarter. Finally, Scout Investments Inc. grew its position in shares of Prudential Public Limited by 51.6% in the second quarter. Scout Investments Inc. now owns 627,523 shares of the financial services provider’s stock valued at $28,872,000 after purchasing an additional 213,627 shares in the last quarter. Institutional investors and hedge funds own 1.60% of the company’s stock.

A number of research firms have recently issued reports on PUK. BidaskClub upgraded Prudential Public Limited from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 5th. Zacks Investment Research lowered Prudential Public Limited from a “buy” rating to a “hold” rating in a research report on Saturday, August 19th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Prudential Public Limited has an average rating of “Buy” and a consensus price target of $54.00.

TRADEMARK VIOLATION NOTICE: “Prudential Public Limited Company (PUK) Shares Bought by Royal Bank of Canada” was first published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this article on another domain, it was stolen and republished in violation of U.S. & international copyright law. The original version of this article can be viewed at https://ledgergazette.com/2017/10/10/prudential-public-limited-company-puk-shares-bought-by-royal-bank-of-canada.html.

Shares of Prudential Public Limited Company (NYSE PUK) opened at 47.84 on Tuesday. Prudential Public Limited Company has a 52-week low of $32.52 and a 52-week high of $49.67. The stock has a market capitalization of $61.58 billion, a price-to-earnings ratio of 16.98 and a beta of 1.59. The stock has a 50 day moving average price of $47.12 and a 200-day moving average price of $45.77.

The business also recently disclosed a semiannual dividend, which was paid on Thursday, October 5th. Investors of record on Friday, August 25th were given a dividend of $0.3765 per share. The ex-dividend date of this dividend was Wednesday, August 23rd. This represents a dividend yield of 1.62%.

About Prudential Public Limited

Prudential Public Limited Company is an international financial services company. The Company offers a range of retail financial products and services and asset management services throughout these territories. The Company operates through Insurance operations and Asset management operations. The retail financial products and services include life insurance, pensions and annuities as well as collective investment schemes.

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

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