Prudential Financial Inc (PRU) : Indiana Trust Investment Management Co scooped up 20 additional shares in Prudential Financial Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 5, 2016. The investment management firm now holds a total of 21,519 shares of Prudential Financial Inc which is valued at $1,824,596.Prudential Financial Inc makes up approximately 0.96% of Indiana Trust Investment Management Co’s portfolio.
Other Hedge Funds, Including , First American Trust Fsb boosted its stake in PRU in the latest quarter, The investment management firm added 9,753 additional shares and now holds a total of 32,637 shares of Prudential Financial Inc which is valued at $2,767,291. Prudential Financial Inc makes up approx 0.87% of First American Trust Fsb’s portfolio.Washington Trust Bank reduced its stake in PRU by selling 751 shares or 2.27% in the most recent quarter. The Hedge Fund company now holds 32,311 shares of PRU which is valued at $2,739,650. Prudential Financial Inc makes up approx 0.66% of Washington Trust Bank’s portfolio. West Oak Capital added PRU to its portfolio by purchasing 100 company shares during the most recent quarter which is valued at $8,479. Prudential Financial Inc makes up approx 0.01% of West Oak Capital’s portfolio.Beacon Financial Group boosted its stake in PRU in the latest quarter, The investment management firm added 700 additional shares and now holds a total of 9,831 shares of Prudential Financial Inc which is valued at $833,570. Prudential Financial Inc makes up approx 0.18% of Beacon Financial Group’s portfolio.
Prudential Financial Inc opened for trading at $81.6 and hit $82.78 on the upside on Tuesday, eventually ending the session at $82.59, with a gain of 1.42% or 1.16 points. The heightened volatility saw the trading volume jump to 29,80,603 shares. Company has a market cap of $36,092 M.
On the company’s financial health, Prudential Financial Inc reported $1.84 EPS for the quarter, missing the analyst consensus estimate by $ -0.66 based on the information available during the earnings call on Aug 3, 2016. Analyst had a consensus of $2.50.Analysts expectations of $ 11730.58.During the same quarter in the previous year, the company posted $2.91 EPS.
Many Wall Street Analysts have commented on Prudential Financial Inc. Prudential Financial Inc was Upgraded by Goldman to ” Buy” on Sep 23, 2016. Prudential Financial Inc was Resumed by Wells Fargo to “Market Perform” on Sep 23, 2016.
Prudential Financial Inc. is a financial services company. The Company through its subsidiaries and affiliates provides a arrange of financial products and services including life insurance annuities retirement-related services mutual funds and investment management. The Company has organized its principal operations into the Financial Services Businesses and the Closed Block Business. The Financial Services Businesses consists of three divisions containing six segments and the Companys corporate operations. The Financial Services Businesses operate through three operating divisions: U.S. Retirement Solutions and Investment Management U.S. Individual Life and Group Insurance and International Insurance. The Companys investment portfolio consists of public and private fixed maturity securities commercial mortgage and other loans equity securities and other invested assets.