Prudential Financial Inc (PRU) : National Pension Service scooped up 25,243 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 14, 2016. The investment management firm now holds a total of 322,670 shares of Prudential Financial Inc which is valued at $27,243,028.Prudential Financial Inc makes up approximately 0.22% of National Pension Service’s portfolio.
Other Hedge Funds, Including , Gierl Augustine Investment Management Inc reduced its stake in PRU by selling 103 shares or 6.31% in the most recent quarter. The Hedge Fund company now holds 1,529 shares of PRU which is valued at $129,093. Prudential Financial Inc makes up approx 0.12% of Gierl Augustine Investment Management Inc’s portfolio.Community Bank N.a. reduced its stake in PRU by selling 14 shares or 3.15% in the most recent quarter. The Hedge Fund company now holds 431 shares of PRU which is valued at $36,066. Prudential Financial Inc makes up approx 0.01% of Community Bank N.a.’s portfolio.Creative Planning boosted its stake in PRU in the latest quarter, The investment management firm added 2,301 additional shares and now holds a total of 12,067 shares of Prudential Financial Inc which is valued at $1,018,093. Prudential Financial Inc makes up approx 0.01% of Creative Planning’s portfolio.Nisa Investment Advisors reduced its stake in PRU by selling 9,323 shares or 5.0% in the most recent quarter. The Hedge Fund company now holds 176,979 shares of PRU which is valued at $14,931,718. Prudential Financial Inc makes up approx 0.20% of Nisa Investment Advisors’s portfolio. Cutler Group Lp sold out all of its stake in PRU during the most recent quarter. The investment firm sold 2,219 shares of PRU which is valued $188,482.
Prudential Financial Inc opened for trading at $84.99 and hit $85.34 on the upside on Friday, eventually ending the session at $84.43, with a gain of 0.90% or 0.75 points. The heightened volatility saw the trading volume jump to 27,04,015 shares. Company has a market cap of $36,896 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 Initiated by Credit Suisse to “Neutral” on Oct 7, 2016. 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.