Crossmark Global Holdings Inc. Grows Position in Prudential plc (NYSE:PUK)

Crossmark Global Holdings Inc. grew its stake in shares of Prudential plc (NYSE:PUK) by 0.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 111,486 shares of the financial services provider’s stock after buying an additional 935 shares during the period. Crossmark Global Holdings Inc.’s holdings in Prudential were worth $1,777,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Mediolanum International Funds Ltd purchased a new stake in shares of Prudential in the third quarter valued at $19,505,000. StoneX Group Inc. purchased a new stake in shares of Prudential in the third quarter valued at $5,090,000. JPMorgan Chase & Co. grew its position in shares of Prudential by 353.1% in the third quarter. JPMorgan Chase & Co. now owns 293,210 shares of the financial services provider’s stock valued at $5,436,000 after purchasing an additional 228,499 shares during the period. Marshall Wace LLP grew its position in shares of Prudential by 13.5% in the second quarter. Marshall Wace LLP now owns 1,076,579 shares of the financial services provider’s stock valued at $19,723,000 after purchasing an additional 128,124 shares during the period. Finally, Bank of Montreal Can grew its position in shares of Prudential by 15.0% in the second quarter. Bank of Montreal Can now owns 795,969 shares of the financial services provider’s stock valued at $15,418,000 after purchasing an additional 103,625 shares during the period. Hedge funds and other institutional investors own 1.90% of the company’s stock.

Analyst Upgrades and Downgrades

PUK has been the subject of a number of recent analyst reports. StockNews.com raised Prudential from a “sell” rating to a “hold” rating in a research report on Wednesday. Barclays raised Prudential to a “strong-buy” rating in a research report on Tuesday, October 15th.

Prudential Trading Up 1.0 %

Shares of Prudential stock opened at $16.11 on Friday. Prudential plc has a twelve month low of $14.39 and a twelve month high of $22.07. The stock has a market capitalization of $21.40 billion, a P/E ratio of 6.94, a PEG ratio of 0.35 and a beta of 1.20. The business’s fifty day moving average price is $15.98 and its 200 day moving average price is $16.87.

About Prudential

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.