After a recent spotcheck, we can see that the SuperTrend line is now above the current stock price.
A total of 19 equity analysts have released a ratings update on PRU. BidaskClub cut shares of Prudential Financial from a hold rating to a sell rating in a research note on Tuesday, June 27th. The fund purchased 11,616 shares of the financial services provider's stock, valued at approximately $1,256,000. ValuEngine raised shares of Prudential Financial from a buy rating to a strong-buy rating in a research report on Friday, June 2nd. Prudential Financial had 32 analyst reports since August 6, 2015 according to SRatingsIntel.
Zacks presents analysts with an ABR (Average Broker Rating), based on the sell-side recommendations. Ten equities research analysts have rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company's stock.
The most recent open market insider trade was Sell of 14,897 shares on a day where the closing price was 110. Roosevelt Investment Group Inc. now owns 96,662 shares of the financial services provider's stock worth $10,453,000 after purchasing an additional 16,132 shares during the last quarter. About 564,532 shares traded. Prudential Financial has a one year low of $78.37 and a one year high of $115.26. Prudential Financial, Inc. The firm's 50-day moving average is $106.19 and its 200-day moving average is $107.27. The company has market cap of $37.13 billion. For the outlook of the current financial quarter, Analysts think the firm will post 0.95 earnings per share. The company had revenue of $13.03 billion during the quarter, compared to analyst estimates of $12.45 billion. Prudential Financial had a net profit margin of 7.15% and a ROE of 8.98%. During the same quarter previous year, the business posted $1.84 EPS. Prudential Financial Inc (NYSE:PRU) has risen 33.66% since September 13, 2016 and is uptrending. FBR Capital maintained Prudential Financial Inc (NYSE:PRU) on Monday, May 16 with "Outperform" rating. "(PRU) Rating Reiterated by Royal Bank Of Canada" was published by Week Herald and is the property of of Week Herald. If you are reading this article on another domain, it was illegally copied and republished in violation of United States and worldwide copyright law. New York-based Ibm Retirement Fund has invested 0.19% in Prudential Financial Inc (NYSE:PRU).
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The business also recently announced a quarterly dividend, which will be paid on Thursday, September 14th. Traders who own the stock with a record date on Tue, Aug 22nd will be issued a $0.75 dividend. this indicates a $3.00 dividend on a yearly basis and a payout of 2.94%. This represents a $3.00 annualized dividend and a dividend yield of 2.68%. The ex-dividend date is Friday, February 17th. Prudential Financial's dividend payout ratio (DPR) is now 33.63%. Also, Chairman John R. Strangfeld, Jr. sold 201,585 shares of the stock in a transaction on Monday, July 3rd. There were 38 sold out positions, amounting to 676,741 shares. Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of each share. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Credit Suisse maintained the stock with "Hold" rating in Friday, April 28 report. The total number of shares traded in the last 12 months is 1.71 million. Volume on the day was 2.11 million shares. The disclosure for this sale can be found here. In the last ninety days, insiders sold 220,615 shares of company stock valued at $24,276,660. Common shareholders want to know how profitable their capital is in the businesses they invest it in.
Goldman Sachs bumped up the target of Prudential PLC (LON:PRU) to 2,040.00GBX stating a potential upside of 0.13%. Stephens Inc. AR now owns 4,536 shares of the financial services provider's stock worth $491,000 after purchasing an additional 315 shares during the last quarter. The insider now holds 14,939 shares of Prudential Financial, Inc. The institutional investor owned 1,414,092 shares of the financial services provider's stock after buying an additional 471,456 shares during the period. Vanguard Group Inc. raised its holdings in Prudential Financial by 3.3% during the 1st quarter. The stock declined 3.90% or $0.24 reaching $5.92 on the news. AJO LP now owns 2,743,406 shares of the financial services provider's stock worth $296,672,000 after buying an additional 821,881 shares during the period. Finally, NN Investment Partners Holdings N.V. grew its position in Prudential Financial by 558.9% during the 1st quarter. Symphony Asset Management LLC now owns 14,247 shares of the financial services provider's stock worth $1,541,000 after purchasing an additional 140 shares during the last quarter.
Several other institutional investors also recently made changes to their positions in PRU. Prudential Financial now has $43.44 billion valuation.