Creative Planning Purchases 10,013 Shares of Prudential plc (NYSE:PUK)

Creative Planning boosted its position in Prudential plc (NYSE:PUK) by 14.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 80,764 shares of the financial services provider’s stock after purchasing an additional 10,013 shares during the period. Creative Planning’s holdings in Prudential were worth $1,497,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. EverSource Wealth Advisors LLC raised its holdings in shares of Prudential by 45.9% in the second quarter. EverSource Wealth Advisors LLC now owns 2,222 shares of the financial services provider’s stock worth $40,000 after buying an additional 699 shares during the period. Bruce G. Allen Investments LLC purchased a new stake in Prudential in the second quarter worth $44,000. Russell Investments Group Ltd. lifted its position in shares of Prudential by 98.0% during the first quarter. Russell Investments Group Ltd. now owns 2,712 shares of the financial services provider’s stock worth $52,000 after purchasing an additional 1,342 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of Prudential by 202.2% during the second quarter. Blue Trust Inc. now owns 2,699 shares of the financial services provider’s stock valued at $52,000 after purchasing an additional 1,806 shares during the period. Finally, Allspring Global Investments Holdings LLC purchased a new stake in shares of Prudential during the first quarter valued at $75,000. Hedge funds and other institutional investors own 1.90% of the company’s stock.

Prudential Stock Performance

Shares of Prudential stock opened at $16.81 on Wednesday. The stock’s fifty day moving average price is $17.37 and its 200-day moving average price is $18.07. Prudential plc has a 12 month low of $15.77 and a 12 month high of $23.73.

Prudential Cuts Dividend

The firm also recently announced a Semi-Annual dividend, which was paid on Wednesday, October 23rd. Shareholders of record on Friday, September 6th were issued a dividend of $0.1368 per share. The ex-dividend date of this dividend was Friday, September 6th.

Analyst Upgrades and Downgrades

PUK has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft downgraded shares of Prudential from a “buy” rating to a “hold” rating in a research note on Monday, August 5th. StockNews.com raised shares of Prudential from a “sell” rating to a “hold” rating in a research report on Wednesday, August 28th. Finally, Barclays upgraded Prudential to a “strong-buy” rating in a report on Tuesday, October 15th.

About Prudential

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.