Fmr LLC Has $13.38 Million Stake in Prudential plc (NYSE:PUK)

Fmr LLC trimmed its position in Prudential plc (NYSE:PUK) by 21.8% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 721,444 shares of the financial services provider’s stock after selling 201,550 shares during the period. Fmr LLC’s holdings in Prudential were worth $13,376,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its position in Prudential by 45.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,222 shares of the financial services provider’s stock valued at $40,000 after buying an additional 699 shares during the last quarter. Blue Trust Inc. boosted its position in Prudential by 202.2% in the 2nd quarter. Blue Trust Inc. now owns 2,699 shares of the financial services provider’s stock valued at $52,000 after buying an additional 1,806 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of Prudential by 19.5% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 4,663 shares of the financial services provider’s stock worth $85,000 after purchasing an additional 760 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position 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 last quarter. Finally, Ritholtz Wealth Management bought a new position in shares of Prudential in the 2nd quarter worth $190,000. 1.90% of the stock is currently owned by institutional investors.

Prudential Stock Down 1.3 %

NYSE:PUK opened at $17.05 on Wednesday. Prudential plc has a 52-week low of $15.10 and a 52-week high of $22.93. The stock’s 50-day simple moving average is $16.93 and its 200 day simple moving average is $17.52.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Barclays upgraded Prudential to a “strong-buy” rating in a research report on Tuesday, October 15th. StockNews.com lowered Prudential from a “hold” rating to a “sell” rating in a research report on Monday, November 25th.

Prudential 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.