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

June 27, 2018 - By Nell Hawkins

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

Prudential Financial Inc’s Sentiment

“Big money sentiment for Prudential Financial Inc (NYSE:PRU) in Q1 2018 decreased to 1.16, SEC.gov filings reveal. So its down -0.02, from 2017Q4’s 1.18. 364 funds increased or opened new positions, while 314 cut down and sold their equity positions in Prudential Financial Inc so the sentiment dropped. These funds own 259.90 million shares, that’s 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.

Largest Prudential Financial Inc Shareholders

As of Q1 2018 Meiji Yasuda Life Insurance Co has 16.23% invested in Prudential Financial Inc. Prudential Financial Inc’s shareholder Gabalex Capital Management Llc owns 250,000 shares as of Q1 2018. Capital Returns Management Llc reported 227,200 shares. The Connecticut-based fund Benin Management Corp have invested about 6.49% of the fund’s stock portfolio in Prudential Financial Inc. The Japan-based fund Nippon Life Insurance Co holds 2.56 million shares or 5.9% of their stocks portfolio.

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.The P/E ratio is 5.33. It operates through U.S.

The stock increased 0.20% or $0.19 during the last trading session, touching $95.5.Prudential Financial, Inc. has volume of 435,536 shares. Since June 27, 2017 PRU has declined 5.66% and is downtrending. PRU underperformed by 18.23% the S&P500.

Prudential Financial, Inc. (NYSE:PRU)’s earnings report is expected on August, 1., according to Zacks. Analysts predict 46.41 % diference or $3.06 from the $2.09 EPS from 2017. If the current EPS of $3.06 is accurate, PRU’s profit could reach $1.29B. -0.65 % negative EPS growth is what Wall Street’s sees after $3.08 reported EPS previous quarter.

Proshare Advsr Ltd holds 0.09% or 131,614 shs. Alphaone Serv Llc holds 1,521 shs. 172 were reported by Spectrum. Dupont Mgmt stated it has 0.14% of its capital in Prudential Financial, Inc. (NYSE:PRU). M&T Natl Bank holds 52,936 shs. Hbk Investments Limited Partnership accumulated 0.27% or 269,600 shs. Pitcairn holds 0.06% of its capital in Prudential Financial, Inc. (NYSE:PRU) for 5,251 shs. Newman Dignan And Sheerar Inc owns 6,238 shs for 0.33% of their capital. Cornerstone Advsr, a Alabama-based fund reported 20,000 shs. State Board Of Administration Of Florida Retirement Sys reported 531,782 shs. Cadence Comml Bank Na has invested 0.52% of its capital in Prudential Financial, Inc. (NYSE:PRU). Midas Mngmt owns 26,500 shs. Bokf Na stated it has 66,299 shs. 1.12M were reported by California Pub Employees Retirement System. The California-based Shelton Cap Mngmt has invested 0.02% in Prudential Financial, Inc. (NYSE:PRU).

Prudential Financial, Inc. registered $4.43 million net activity with 0 insider purchases and 1 insider sale since February 20, 2018.

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

A total of 13 analysts rate Prudential Financial Inc (NYSE:PRU) as follows: 9 “Buy”, 4 “Hold” and 0 “Sell”. Тherefore 69% are bullish. The firm has $140.0 highest and $102 lowest target. The avg target $121.90 is 27.64% above the last ($95.5) price. (NYSE:PRU) has 15 ratings reports on 27 Jun 2018 according to StockzIntelligence. On Thursday, February 8 the firm earned “Equal-Weight” rating by Morgan Stanley. On Monday, June 4 the firm earned “Buy” rating by Goldman Sachs. On Friday, February 9 the rating was maintained by Deutsche Bank with “Hold”. On Friday, May 4 Deutsche Bank maintained the shares of PRU in report with “Hold” rating. On Wednesday, January 10 the rating was maintained by Sandler O’Neill with “Buy”. On Friday, February 9 the firm has “Market Perform” rating given by Wells Fargo. The company rating was maintained by Keefe Bruyette & Woods on Wednesday, April 11. On Monday, February 12 the rating was upgraded by RBC Capital Markets to “Buy”. In Monday, March 26 report Bank of America maintained the stock with “Buy” rating. The company rating was upgraded by Atlantic Securities on Thursday, January 11.

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