CIBC Asset Management Inc Reduces Holdings in Prudential Public Limited Company (PUK)

CIBC Asset Management Inc cut its position in Prudential Public Limited Company (NYSE:PUK) by 13.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,794 shares of the financial services provider’s stock after selling 3,839 shares during the quarter. CIBC Asset Management Inc’s holdings in Prudential Public Limited were worth $1,140,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of PUK. PNC Financial Services Group Inc. raised its position in Prudential Public Limited by 156.8% in the first quarter. PNC Financial Services Group Inc. now owns 2,861 shares of the financial services provider’s stock valued at $121,000 after purchasing an additional 1,747 shares during the last quarter. Geode Capital Management LLC raised its position in Prudential Public Limited by 2.2% in the first quarter. Geode Capital Management LLC now owns 24,540 shares of the financial services provider’s stock valued at $1,039,000 after purchasing an additional 523 shares during the last quarter. Bank of Montreal Can raised its position in Prudential Public Limited by 1.3% in the second quarter. Bank of Montreal Can now owns 21,070 shares of the financial services provider’s stock valued at $969,000 after purchasing an additional 268 shares during the last quarter. US Bancorp DE raised its position in Prudential Public Limited by 18.9% in the second quarter. US Bancorp DE now owns 16,199 shares of the financial services provider’s stock valued at $746,000 after purchasing an additional 2,580 shares during the last quarter. Finally, Huntington National Bank raised its position in Prudential Public Limited by 53.3% in the second quarter. Huntington National Bank now owns 2,734 shares of the financial services provider’s stock valued at $126,000 after purchasing an additional 950 shares during the last quarter. Hedge funds and other institutional investors own 1.61% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This report was originally published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this report on another publication, it was stolen and republished in violation of United States & international copyright & trademark laws. The original version of this report can be viewed at https://sportsperspectives.com/2017/11/19/cibc-asset-management-inc-reduces-holdings-in-prudential-public-limited-company-puk.html.

Shares of Prudential Public Limited Company (PUK) opened at $49.94 on Friday. Prudential Public Limited Company has a one year low of $37.32 and a one year high of $50.05.

Several equities analysts have commented on PUK shares. Zacks Investment Research upgraded Prudential Public Limited from a “hold” rating to a “buy” rating and set a $52.00 target price for the company in a research report on Wednesday, July 26th. BidaskClub upgraded Prudential Public Limited from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 5th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $54.00.

Prudential Public Limited Profile

Prudential Public Limited Company is an international financial services company. The Company offers a range of retail financial products and services and asset management services throughout these territories. The Company operates through Insurance operations and Asset management operations. The retail financial products and services include life insurance, pensions and annuities as well as collective investment schemes.

Want to see what other hedge funds are holding PUK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Prudential Public Limited Company (NYSE:PUK).

Institutional Ownership by Quarter for Prudential Public Limited (NYSE:PUK)

Receive News & Ratings for Prudential Public Limited Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prudential Public Limited Company and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply