Lingohr & Partner Asset Management GmbH decreased its position in shares of Prudential Financial, Inc. (NYSE:PRU) by 4.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,075 shares of the financial services provider’s stock after selling 600 shares during the quarter. Lingohr & Partner Asset Management GmbH’s holdings in Prudential Financial were worth $1,459,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Green Square Capital LLC grew its stake in shares of Prudential Financial by 0.3% during the 2nd quarter. Green Square Capital LLC now owns 2,065 shares of the financial services provider’s stock worth $223,000 after purchasing an additional 7 shares during the period. Hudock Capital Group LLC grew its stake in shares of Prudential Financial by 0.7% during the 2nd quarter. Hudock Capital Group LLC now owns 1,144 shares of the financial services provider’s stock worth $123,000 after purchasing an additional 8 shares during the period. Farmers & Merchants Trust Co of Chambersburg PA grew its stake in shares of Prudential Financial by 0.9% during the 2nd quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 2,018 shares of the financial services provider’s stock worth $218,000 after purchasing an additional 18 shares during the period. Trust Co grew its stake in shares of Prudential Financial by 1.0% during the 1st quarter. Trust Co now owns 2,024 shares of the financial services provider’s stock worth $216,000 after purchasing an additional 20 shares during the period. Finally, Capital Investment Advisors LLC grew its stake in shares of Prudential Financial by 1.6% during the 2nd quarter. Capital Investment Advisors LLC now owns 2,454 shares of the financial services provider’s stock worth $265,000 after purchasing an additional 38 shares during the period. 64.87% of the stock is currently owned by institutional investors and hedge funds.

A number of equities research analysts recently issued reports on the stock. Wells Fargo & Company reissued a “hold” rating on shares of Prudential Financial in a research note on Thursday, August 3rd. BidaskClub raised shares of Prudential Financial from a “hold” rating to a “buy” rating in a research note on Wednesday, August 2nd. Royal Bank Of Canada reissued a “hold” rating and issued a $119.00 price target on shares of Prudential Financial in a research note on Friday, November 3rd. B. Riley reissued a “buy” rating on shares of Prudential Financial in a research note on Monday, November 6th. Finally, ValuEngine cut shares of Prudential Financial from a “strong-buy” rating to a “buy” rating in a research note on Friday. Eight analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Prudential Financial presently has a consensus rating of “Buy” and a consensus target price of $115.13.

Prudential Financial, Inc. (PRU) traded down $1.23 during midday trading on Friday, hitting $110.72. The stock had a trading volume of 1,805,400 shares, compared to its average volume of 1,601,244. Prudential Financial, Inc. has a fifty-two week low of $95.88 and a fifty-two week high of $115.26. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.13 and a current ratio of 0.13. The stock has a market cap of $46,945.28, a price-to-earnings ratio of 10.70, a PEG ratio of 1.25 and a beta of 1.56.

Prudential Financial (NYSE:PRU) last posted its quarterly earnings results on Wednesday, November 1st. The financial services provider reported $3.01 EPS for the quarter, topping the consensus estimate of $2.71 by $0.30. Prudential Financial had a return on equity of 9.51% and a net margin of 7.71%. The business had revenue of $13.36 billion for the quarter, compared to analyst estimates of $12.24 billion. During the same quarter in the previous year, the firm earned $2.66 EPS. equities research analysts expect that Prudential Financial, Inc. will post 10.38 earnings per share for the current fiscal year.

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Prudential Financial Profile

Prudential Financial, Inc, is a financial services company. The Company, through its subsidiaries, offers a range of financial products and services, which includes life insurance, annuities, retirement-related services, mutual funds and investment management. The Company’s operations consists of four divisions, which together encompass seven segments.

Institutional Ownership by Quarter for Prudential Financial (NYSE:PRU)

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