Vinva Investment Management Ltd Has $3.92 Million Stock Holdings in Prudential Financial, Inc. $PRU

Vinva Investment Management Ltd decreased its stake in Prudential Financial, Inc. (NYSE:PRU) by 30.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,755 shares of the financial services provider’s stock after selling 16,921 shares during the period. Vinva Investment Management Ltd’s holdings in Prudential Financial were worth $3,920,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in shares of Prudential Financial by 1.4% during the second quarter. Vanguard Group Inc. now owns 42,502,160 shares of the financial services provider’s stock worth $4,566,432,000 after buying an additional 600,482 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Prudential Financial by 1.8% during the 2nd quarter. Geode Capital Management LLC now owns 9,402,393 shares of the financial services provider’s stock valued at $1,010,474,000 after acquiring an additional 163,874 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in Prudential Financial by 1.3% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 2,408,942 shares of the financial services provider’s stock worth $258,817,000 after acquiring an additional 31,088 shares during the last quarter. Nordea Investment Management AB grew its position in Prudential Financial by 1.9% during the 3rd quarter. Nordea Investment Management AB now owns 1,752,952 shares of the financial services provider’s stock worth $180,344,000 after acquiring an additional 32,171 shares during the last quarter. Finally, First Trust Advisors LP increased its holdings in Prudential Financial by 1.5% in the 3rd quarter. First Trust Advisors LP now owns 1,172,443 shares of the financial services provider’s stock worth $121,629,000 after purchasing an additional 17,030 shares in the last quarter. Institutional investors own 56.83% of the company’s stock.

Insider Transactions at Prudential Financial

In other news, major shareholder Insurance Co Of Ame Prudential bought 1,406,739 shares of the company’s stock in a transaction that occurred on Friday, January 23rd. The shares were acquired at an average price of $24.87 per share, for a total transaction of $34,985,598.93. Following the completion of the acquisition, the insider directly owned 7,709,624 shares in the company, valued at approximately $191,738,348.88. This represents a 22.32% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Joseph J. Wolk purchased 400 shares of the business’s stock in a transaction on Wednesday, February 11th. The shares were purchased at an average cost of $105.32 per share, for a total transaction of $42,128.00. Following the transaction, the director directly owned 400 shares of the company’s stock, valued at approximately $42,128. The trade was a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders have acquired 1,408,389 shares of company stock worth $35,154,439. Company insiders own 0.25% of the company’s stock.

Prudential Financial Trading Down 2.1%

NYSE PRU opened at $97.08 on Monday. The firm has a market capitalization of $33.78 billion, a PE ratio of 9.71, a price-to-earnings-growth ratio of 1.12 and a beta of 0.98. The business’s 50-day moving average price is $107.68 and its two-hundred day moving average price is $107.07. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.58. Prudential Financial, Inc. has a 12 month low of $90.38 and a 12 month high of $119.76.

Prudential Financial (NYSE:PRU) last issued its quarterly earnings data on Tuesday, February 3rd. The financial services provider reported $3.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.37 by ($0.07). The company had revenue of $15.69 billion for the quarter, compared to the consensus estimate of $14.48 billion. Prudential Financial had a return on equity of 16.32% and a net margin of 6.20%.During the same quarter last year, the business earned $2.96 earnings per share. On average, analysts expect that Prudential Financial, Inc. will post 14.36 EPS for the current year.

Prudential Financial Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Tuesday, February 17th will be issued a dividend of $1.40 per share. This represents a $5.60 annualized dividend and a yield of 5.8%. The ex-dividend date is Tuesday, February 17th. This is a positive change from Prudential Financial’s previous quarterly dividend of $1.35. Prudential Financial’s dividend payout ratio (DPR) is 56.00%.

Trending Headlines about Prudential Financial

Here are the key news stories impacting Prudential Financial this week:

• Positive Sentiment: Dividend/total-return narratives and bullish dividend-appeal articles remind income-focused investors of PRU’s attractive yield and could support buying interest. Prudential (PRU) Could Be a Great Choice
• Neutral Sentiment: Analyst consensus sits around “Hold” and coverage notes the stock’s recent weakness; this provides little directional catalyst but frames expectations. Prudential Financial, Inc. (NYSE:PRU) Receives Average Recommendation of “Hold” from Analysts
• Neutral Sentiment: Options-market flow has shown elevated activity, signaling increased volatility expectations but not a clear directional bet — watch implied vol and large strikes for clues to near-term moves. Is the Options Market Predicting a Spike in PRU Stock?
• Negative Sentiment: Prudential’s Japanese subsidiary reported employees improperly removed/shared information with contracted agencies — a data-handling incident that creates operational, regulatory and reputational risk in Asia and is a clear near-term negative for sentiment. Prudential Japan Subsidiary Finds Employees Improperly Shared Information
• Negative Sentiment: Follow-ups and regional updates (Prudential Gibraltar/Japan) provide more detail on the scope (multiple seconded employees implicated), reinforcing uncertainty around compliance and potential costs. Prudential Gibraltar Addresses Data Handling Incident in Japan
• Negative Sentiment: Recent analyst moves have trimmed targets: Morgan Stanley cut its PRU price target (and kept an Equal Weight) and Wells Fargo downgraded to Underweight and lowered its target — analyst downgrades reduce buying conviction and can pressure the stock. Morgan Stanley Reduces Prudential Financial (PRU) Price Target after Updating Insurance Estimates
• Negative Sentiment: Wells Fargo’s downgrade and lower target (cites lack of near-term catalysts) adds to the sell-side pressure and helps explain recent share weakness. Wells Fargo Downgrades Prudential Financial, Inc. (PRU) to Underweight and Lowers its Price Target to $103

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Piper Sandler lifted their price target on Prudential Financial from $110.00 to $120.00 and gave the company a “neutral” rating in a research note on Tuesday, December 23rd. Evercore reaffirmed a “negative” rating on shares of Prudential Financial in a research note on Friday. Wall Street Zen lowered shares of Prudential Financial from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Wells Fargo & Company lowered shares of Prudential Financial from an “equal weight” rating to an “underweight” rating and reduced their target price for the stock from $115.00 to $103.00 in a report on Wednesday, February 25th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Prudential Financial from $133.00 to $127.00 and set a “neutral” rating for the company in a research report on Wednesday, February 4th. One research analyst has rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Prudential Financial currently has an average rating of “Reduce” and an average price target of $115.00.

About Prudential Financial

Prudential Financial, Inc, headquartered in Newark, New Jersey, is a diversified financial services company with roots dating to 1875. The firm provides a range of insurance, retirement and investment products aimed at helping individual and institutional clients manage risk, accumulate and protect wealth, and plan for retirement. Prudential’s long history in life insurance and related financial services has positioned it as a major participant in the U.S. insurance market and a provider of services to a broad client base.

Prudential’s core business activities include individual life insurance, annuities, retirement solutions and group insurance products for employers.