Prudential plc (NYSE:PUK) Position Raised by Pathstone Holdings LLC

Pathstone Holdings LLC grew its position in shares of Prudential plc (NYSE:PUK) by 0.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 425,824 shares of the financial services provider’s stock after purchasing an additional 1,995 shares during the quarter. Pathstone Holdings LLC’s holdings in Prudential were worth $7,895,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Natixis Advisors LLC lifted its holdings in Prudential by 5.0% in the 3rd quarter. Natixis Advisors LLC now owns 623,461 shares of the financial services provider’s stock valued at $11,559,000 after acquiring an additional 29,672 shares during the last quarter. Oppenheimer Asset Management Inc. raised its holdings in shares of Prudential by 3.7% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 151,598 shares of the financial services provider’s stock worth $2,811,000 after purchasing an additional 5,448 shares in the last quarter. MQS Management LLC acquired a new stake in Prudential during the third quarter valued at approximately $257,000. Catalytic Wealth RIA LLC boosted its holdings in Prudential by 11.8% during the third quarter. Catalytic Wealth RIA LLC now owns 36,632 shares of the financial services provider’s stock worth $679,000 after buying an additional 3,870 shares in the last quarter. Finally, Crossmark Global Holdings Inc. grew its position in Prudential by 47.6% in the third quarter. Crossmark Global Holdings Inc. now owns 110,551 shares of the financial services provider’s stock worth $2,049,000 after buying an additional 35,668 shares during the last quarter. Institutional investors own 1.90% of the company’s stock.

Prudential Stock Performance

Shares of NYSE:PUK opened at $16.06 on Friday. The business has a 50 day moving average price of $17.13 and a 200 day moving average price of $17.86. Prudential plc has a twelve month low of $15.10 and a twelve month high of $23.37.

Prudential Cuts Dividend

The company also recently announced a Semi-Annual dividend, which was paid on Wednesday, October 23rd. Investors of record on Friday, September 6th were given a $0.1368 dividend. The ex-dividend date of this dividend was Friday, September 6th.

Analysts Set New Price Targets

PUK has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft downgraded Prudential from a “buy” rating to a “hold” rating in a report on Monday, August 5th. Barclays upgraded shares of Prudential to a “strong-buy” rating in a research report on Tuesday, October 15th. Finally, StockNews.com upgraded shares of Prudential from a “sell” rating to a “hold” rating in a research report on Wednesday, August 28th.

Prudential Company 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.