Transmarket Holdings LP Takes Position in Prudential Public Limited Company $PUK

Transmarket Holdings LP purchased a new position in Prudential Public Limited Company (NYSE:PUK) during the first quarter, HoldingsChannel reports. The firm purchased 168,481 shares of the financial services provider’s stock, valued at approximately $4,790,000. Prudential Public accounts for about 2.6% of Transmarket Holdings LP’s investment portfolio, making the stock its 9th largest position.

Several other institutional investors also recently added to or reduced their stakes in the stock. Morgan Stanley lifted its holdings in Prudential Public by 79.2% during the 4th quarter. Morgan Stanley now owns 4,866,383 shares of the financial services provider’s stock valued at $151,442,000 after buying an additional 2,150,074 shares in the last quarter. Bank of America Corp DE grew its stake in Prudential Public by 241.5% in the 3rd quarter. Bank of America Corp DE now owns 2,998,803 shares of the financial services provider’s stock worth $83,936,000 after acquiring an additional 2,120,580 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Prudential Public by 63.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,585,685 shares of the financial services provider’s stock worth $80,499,000 after acquiring an additional 1,007,961 shares during the period. BNP Paribas Financial Markets increased its position in shares of Prudential Public by 99.9% during the second quarter. BNP Paribas Financial Markets now owns 819,518 shares of the financial services provider’s stock worth $20,504,000 after acquiring an additional 409,517 shares during the period. Finally, Tower Research Capital LLC TRC raised its stake in shares of Prudential Public by 725.9% during the second quarter. Tower Research Capital LLC TRC now owns 385,917 shares of the financial services provider’s stock valued at $9,656,000 after acquiring an additional 339,188 shares in the last quarter. Hedge funds and other institutional investors own 1.90% of the company’s stock.

Prudential Public Price Performance

Shares of Prudential Public stock opened at $28.89 on Wednesday. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 0.21. The firm’s 50-day moving average is $28.14 and its two-hundred day moving average is $29.80. Prudential Public Limited Company has a 1 year low of $24.56 and a 1 year high of $34.03.

Analyst Ratings Changes

A number of brokerages recently issued reports on PUK. Morgan Stanley reiterated an “overweight” rating on shares of Prudential Public in a report on Friday, May 15th. Weiss Ratings restated a “hold (c+)” rating on shares of Prudential Public in a report on Monday, July 6th. Jefferies Financial Group lowered Prudential Public from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 22nd. Finally, Zacks Research upgraded Prudential Public from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Prudential Public Company Profile

Prudential Public (NYSE: PUK) is the New York listing for Prudential plc, a London‑headquartered international life insurance and financial services group. The company provides a range of long‑term savings, retirement and protection products designed for individual and institutional customers. Its core offerings include life insurance, pensions and annuities, group protection, and wealth and asset management services delivered through both proprietary and third‑party distribution channels.

Prudential operates across multiple regions, with significant focus on fast‑growing markets in Asia and Africa alongside its established businesses in Europe and other international markets.