First Affirmative Financial Network Acquires 5,897 Shares of Prudential plc (NYSE:PUK)

First Affirmative Financial Network lifted its holdings in Prudential plc (NYSE:PUK) by 54.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,724 shares of the financial services provider’s stock after buying an additional 5,897 shares during the quarter. First Affirmative Financial Network’s holdings in Prudential were worth $267,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Gradient Investments LLC increased its stake in shares of Prudential by 32.8% in the 4th quarter. Gradient Investments LLC now owns 31,924 shares of the financial services provider’s stock valued at $509,000 after buying an additional 7,892 shares during the period. Crossmark Global Holdings Inc. increased its position in Prudential by 0.8% in the fourth quarter. Crossmark Global Holdings Inc. now owns 111,486 shares of the financial services provider’s stock worth $1,777,000 after purchasing an additional 935 shares during the period. Ballentine Partners LLC bought a new stake in Prudential during the 4th quarter worth about $163,000. GAMMA Investing LLC lifted its position in Prudential by 95.8% during the 4th quarter. GAMMA Investing LLC now owns 2,303 shares of the financial services provider’s stock valued at $37,000 after purchasing an additional 1,127 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in shares of Prudential by 353.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 293,210 shares of the financial services provider’s stock valued at $5,436,000 after purchasing an additional 228,499 shares during the last quarter. Institutional investors and hedge funds own 1.90% of the company’s stock.

Wall Street Analyst Weigh In

PUK has been the topic of several analyst reports. Barclays upgraded shares of Prudential to a “strong-buy” rating in a report on Tuesday, October 15th. StockNews.com raised Prudential from a “sell” rating to a “hold” rating in a research note on Wednesday, January 22nd.

Prudential Trading Up 3.3 %

Shares of NYSE:PUK opened at $17.18 on Friday. The firm’s 50 day simple moving average is $16.02 and its 200 day simple moving average is $16.78. Prudential plc has a fifty-two week low of $14.39 and a fifty-two week high of $21.60.

Prudential Company Profile

Prudential plc, through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa. The company was founded in 1848 and is headquartered in Central, Hong Kong.