According to the most recent report that the company has filed with the S.E.C., Knights of Columbus Asset Advisors L.L.C. sold off 4.7% of its stake in Prudential Financial, INC (NYSE: P.R.U.) during the third quarter.
The company has a total holding of 60,045 shares of the stock of the financial services provider at the moment after selling 2,930 shares during the quarter.
This brings the total number of shares it owns in the company to 60,045.
The most recent document that Knights of Columbus Asset Advisors L.L.C. has submitted to the S.E.C.
Indicates that the value of the stake they have in Prudential Financial is $5,150,000.
Recent transactions have resulted in several additional institutional investors modifying the amount of P.R.U.
They are currently holding.
During the first three months of 2018, Fairfield Bush & Co invested a new holding at Prudential Financial, totaling approximately $36,000.
Blair William & Co, IL increased the proportion of Prudential Financial stock owned by 11.3% over the year’s first three months.
After three months, Blair William & Co IL has increased the number of shares of the company’s stock by purchasing an additional 5,126.
This brings the total number of shares owned by the company to 50,600, with a value of $5,979,000.
During the first three months of this year, Sei Investments Co increased the amount of Prudential Financial stock owned by 6.4%, bringing its total ownership percentage to 100%. Sei Investments Co now has a total of 90,235 stock held by the financial services provider after purchasing an additional 5,452 shares during the most recent fiscal quarter.
This brings the company’s total number of shares owned to 90,235.
At the moment, the worth of these shares is equal to $10,698,000. Candriam Luxembourg S.C.A.
Increased the amount of Prudential Financial stock owned by 0.7% over the year’s first three months.
After making an additional purchase of 326 shares during the most recent quarter, Candriam Luxembourg S.C.A. has 47,576 shares of ownership in the company that provides financial services.
This number adds up to $5,621,000 for the total value of these shares.
Last but not least, during the first quarter, Baird Financial Group INC increased the percentage of Prudential Financial in which it is invested by 36.4%.
This certainly should not be considered the least important development.
Baird Financial Group INC now has 135,716 shares that the financial services provider holds after purchasing an additional 36,184 shares during the most recent fiscal quarter.
There is a value of $16,037,000 attached to these shares.
The current ownership of the company’s stock is held by hedge funds and other institutional investors, who collectively account for 56.33% of the total.
P.R.U. has been the subject of a lot of research as of late, and as a result, studies have been done on it.
Piper Jaffray reaffirmed its “neutral” rating on Prudential Financial stock and set a price target of $106.00 for the stock in research that was made public on Wednesday.
Piper Jaffray also established a price target of $106.00 for the stock.
Barclays classified the company as “equal weight” in a research report released on Tuesday, January 10th, and decreased their price objective on Prudential Financial from $106.00 to $105.00.
Barclays’ report was published online.
In a research report that was made public on January 18th, Wells Fargo & Company downgraded Prudential Financial from “overweight” to “underweight.” It decreased their price objective for the stock from $101.00 to $97.00.
Both of these changes were made about Prudential Financial. Citigroup has increased its price target for Prudential Financial from $98.00 to $105.00, and the announcement was made in a research report published on November 16th.
Last but not least, on November 2nd, StockNews.com changed its rating for Prudential Financial from “sell” to “hold,” reflecting the company’s continued stability.
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