Prudential Financial Inc (NYSE:PRU) Big Money Quarterly Sentiment at 1.16

June 27, 2018 - By Joshua Cleveland

Prudential Financial, Inc. (NYSE:PRU) Corporate Logo

Positions for Prudential Financial Inc (NYSE:PRU)

In 2018 Q1 Prudential Financial Inc (NYSE:PRU) big money sentiment decreased to 1.16, according to SEC.gov filings. That’s down -0.02, from 2017Q4’s 1.18. 364 investment managers started new or increased positions, while 314 decreased and sold their stock positions in Prudential Financial Inc so the sentiment worsened. Funds own 259.90 million shares, down from 267.81 million shares in 2017Q4. Funds holding Prudential Financial Inc in top 10 decreased from 14 to 9 for a decrease of 5. In total 44 funds closed positions, 270 reduced and 265 increased. Also 99 funds bought new Prudential Financial Inc stakes.

Biggest Prudential Financial Inc Shareholders

As of 2018 Q1 Meiji Yasuda Life Insurance Co has 16.23% invested in Prudential Financial Inc. As of 2018 Q1, 250,000 shares of Prudential Financial Inc are owned by Gabalex Capital Management Llc. Furthermore, Capital Returns Management Llc reported 227,200 shares in Prudential Financial Inc equivalent to 7.18% of its equity exposure. Benin Management Corp revealed 139,343 shares position in Prudential Financial Inc. The Japan-based fund Nippon Life Insurance Co holds 2.56 million shares or 5.9% of their equity exposure.

Prudential Financial, Inc., through its subsidiaries, provides insurance, investment management, and other financial services and products in the United States and internationally.The firm is valued at $40.11 billion. The firm primarily offers life insurance, annuities, retirement-related, mutual funds, and investment management services and products.5.33 is the P/E ratio. It operates through U.S.

Ticker’s shares touched $95.5 during the last trading session after 0.20% change.Currently Prudential Financial, Inc. is downtrending after 5.66% change in last June 27, 2017. PRU has 435,536 shares volume. The stock underperformed the S&P 500 by 18.23%.

Prudential Financial, Inc. (NYSE:PRU) is expected to announce earnings on August, 1., according to Faxor. Analysts have anticipation on stock’s EPS of $3.06. That’s up 46.41 % from last year’s $2.09 EPS. PRU’s profit could be $1.29B if the current EPS of $3.06 is accurate. -0.65 % negative EPS growth is what Wall Street’s predicts after $3.08 reported EPS last quarter.

Bailard Inc, a California-based fund reported 47,653 shs. Massachusetts-based Panagora Asset Mngmt has invested 0.1% in Prudential Financial, Inc. (NYSE:PRU). 391,404 are held by Ascend Ltd Liability Company. Capital Returns Lc owns 227,200 shs. Lumbard & Kellner Lc holds 69,170 shs. Martingale Asset Mngmt Ltd Partnership stated it has 10,461 shs or 0.01% of all its holdings. Sandy Spring Bank holds 0.02% in Prudential Financial, Inc. (NYSE:PRU) or 2,096 shs. Nbt Commercial Bank N A invested in 0.55% or 32,230 shs. Polaris Greystone Finance Gp Incorporated Limited Company has 0% invested in Prudential Financial, Inc. (NYSE:PRU). Webster Bancorporation N A owns 257 shs for 0% of their capital. Asset One has 706,273 shs for 0.16% of their capital. Dimensional Fund Ltd Partnership reported 0.12% in Prudential Financial, Inc. (NYSE:PRU). Security Fincl Bank Of Sioux City Iowa Ia stated it has 5,145 shs. 67,886 are held by Washington Tru Bancshares. 135,373 were reported by Gulf Intll Bank (Uk) Limited.

Prudential Financial, Inc. had 1 sale and 0 insider purchases since February 20, 2018. This’s net activity of $4.43 million.

Prudential Financial, Inc. (NYSE:PRU) Ratings Coverage

Total analysts of 13 have positions in Prudential Financial Inc (NYSE:PRU) as follows: 9 rated it a “Buy”, 0 with “Sell” and 4 with “Hold”. The positive are 69%. The firm has $140.0 highest while $102 is the lowest target. The average target $121.90 is 27.64% above the last ($95.5) price. Since January 8, 2018 according to StockzIntelligence Inc Prudential Financial Inc has 15 analyst reports. On Thursday, April 5 the rating was maintained by Morgan Stanley with “Equal-Weight”. On Friday, March 2 the firm has “Buy” rating given by UBS. On Thursday, February 8 Morgan Stanley maintained Prudential Financial, Inc. (NYSE:PRU) rating. Morgan Stanley has “Equal-Weight” rating and $131 target. On Monday, March 26 the rating was maintained by Bank of America with “Buy”. On Wednesday, January 10 the firm has “Buy” rating given by Sandler O’Neill. In Friday, May 4 report Deutsche Bank maintained it with “Hold” rating and $113 target. On Wednesday, April 11 the company was maintained by Keefe Bruyette & Woods. On Friday, February 9 the rating was maintained by Wells Fargo with “Market Perform”. On Monday, June 4 Goldman Sachs upgraded Prudential Financial, Inc. (NYSE:PRU) to “Buy” rating. On Thursday, January 11 Atlantic Securities upgraded the shares of PRU in report to “Overweight” rating.

A couple more Prudential Financial, Inc. (NYSE:PRU) news were brought out by: Businesswire.com which released on June 26, 2018 “Gen X gig economy workers struggling to gain financial wellness, Prudential study finds”, also Bizjournals.com on June 12, 2018 brought out “Prudential grabs $250 million stake in CityView’s 700-unit Bay Area apartment portfolio”, the next Seekingalpha.com is “Prudential raised, MetLife cut, AXA Equitable initiated at ‘buy’ by Goldman” on June 04, 2018. Benzinga.com has article titled “Goldman’s Insurance Pair Trade: Prudential Financial Upgraded, Metlife Downgraded”.

Prudential Financial, Inc. (NYSE:PRU) Institutional Investors Chart

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