ibusinesslines.com August 21, 2017

Macquarie Boosts Prudential plc (LON:PRU) Price Target to GBX 1977

13 August 2017, 09:57 | Kelvin Horton

About 1,729 shares traded. Executives own 0.66% of the firms stock. The 50 day moving average was down by -0.34% and the 200 day average went up $1.81 or +1.68%.

Fort Washington Investment Advisors Inc increased Prudential Financial (PRU) stake by 58.04% reported in 2016Q4 SEC filing. It has underperformed by 16.70% the S&P500. Chevy Chase Trust Hldgs Incorporated reported 360,512 shares. Insiders have purchased a total of 1,030 shares of company stock valued at $1,856,180 over the last 90 days. Prudential Finl Inc now has $45.48B valuation. The stock increased 0.95% or $0.35 during the last trading session, reaching $37.2. About 120,491 shares traded. It is down 0.00% since August 11, 2016 and is. Finally, LSV Asset Management boosted its stake in shares of Prudential Financial by 1.0% in the second quarter. It also upped Ishares Tr (IWB) stake by 13,292 shares and now owns 123,533 shares. Kimco Realty Corp 6.00 Pfd Series was reduced too. Teleflex had 15 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of HSN, Inc. The ex-dividend date was Friday the 19th of May 2017. The rating was maintained by Keefe Bruyette & Woods on Thursday, November 12 with "Outperform". Citigroup has "Neutral" rating and GBX 1850 target. On September 30 Barclays made no change to the stock rating of "Overweight" but moved up the price target from $78.00 to $89.00. Zacks upgraded HSN, Inc.

Twin Capital Management Inc increased Teleflex Inc (TFX) stake by 6.09% reported in 2016Q4 SEC filing.

Investors sentiment increased to 1.17 in Q4 2016. Its up 0.64, from 1.1 in 2016Q3. The shares were sold at an average price of $110.00, for a total transaction of $22,174,350.00. Suntrust Banks Inc holds 0.02% or 99,868 shares in its portfolio. Glenmede Trust Company Na reported 6,920 shares or 0.01% of all its holdings. (NASDAQ:HSNI) or 84,712 shares. Hengehold Management Ltd Llc owns 22,197 shares or 0.7% of their USA portfolio. Dalton Greiner Hartman Maher And owns 244,676 shares.

Other hedge funds have also added to or reduced their stakes in the company.

Since February 16, 2017, it had 3 insider buys, and 4 insider sales for $36.42 million activity. Harris Timothy P sold $674,135 worth of Prudential Financial Inc (NYSE:PRU) on Friday, February 17. $7.99 million worth of Prudential Financial Inc (NYSE:PRU) shares were sold by Pelletier Stephen. TODMAN MICHAEL bought $50,000 worth of stock or 450 shares.

Prudential Financial (NYSE:PRU) last issued its quarterly earnings results on Wednesday, August 2nd. Also, Chairman John R. Strangfeld, Jr. sold 201,585 shares of Prudential Financial stock in a transaction that occurred on Monday, July 3rd. The Company offers a range of retail financial products and services and asset management services throughout these territories. It has a 11.86 P/E ratio. Its up 0.32, from 0.85 in 2016Q3.

Large investors have recently modified their holdings of the stock. Its down 2.5% from 404,400 shares previously. North Dakota-based Viking Fund Limited Liability Corporation has invested 0.36% in Prudential Financial Inc (NYSE:PRU). Northwestern Mutual Wealth Com stated it has 0.01% in Prudential Financial Inc (NYSE:PRU).

Shares of Prudential Financial (NYSE PRU) traded down 0.35% during mid-day trading on Wednesday, hitting $105.69. Spirit Of America Mngmt Ny holds 4,500 shares. The brokerage now has a "neutral" rating on the financial services provider's stock. Srb Corp holds 0.02% or 1,714 shares in its portfolio. Old Natl Commercial Bank In holds 0.03% or 4,321 shares. Meeder Asset Management holds 60,189 shares. Beacon Fin Gp owns 9,429 shares. Glg Ltd holds 24,507 shares. Parsec Finance Mgmt accumulated 111,779 shares or 1.01% of the stock. Bp Plc holds 0.25% or 65,000 shares in its portfolio. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and fourteen have given a buy rating to the stock. Therefore 46% are positive. Prudential Financial's yield ratio is presently 33.63%. They set an outperform rating and a GBX 2,045 ($26.63) target price for the company. (NYSE:PRU) in a research note released on Friday morning. Paz George had bought 500 shares worth $55,365 on Thursday, February 23. The firm has "Hold" rating by Wells Fargo given on Wednesday, August 2. The firm has "Neutral" rating given on Wednesday, January 20 by Bank of America. The rating was downgraded by Atlantic Securities to "Neutral" on Friday, February 10. FBR Capital maintained it with "Outperform" rating and $86 target in Monday, May 16 report. The firm has "Hold" rating given on Tuesday, June 6 by Wells Fargo.

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