February 19, 2018

Silitch Sells 14897 Shares of Prudential Financial, Inc. (PRU) Stock

13 August 2017, 10:39 | Cesar Cruz

Old Mutual Global Investors (uk) Ltd. Significantly Raises Its Investment in Prudential Financial, Inc. (PRU) Stock

Prudential Financial Inc. 200 Day Moving Average Chart

Veritable L.P. now owns 16,582 shares of the financial services provider's stock worth $1,793,000 after buying an additional 584 shares in the last quarter.

A number of other large investors have also recently bought and sold shares of PRU. Guardian Life Insurance Co. of America increased its stake in shares of Prudential Financial by 0.3% in the first quarter. Quadrant Capital Group LLC now owns 1,376 shares of the financial services provider's stock valued at $139,000 after buying an additional 137 shares in the last quarter.

More notable recent Prudential Financial Inc (NYSE:PRU) news were published by: which released: "Prudential Financial to reorganize United States businesses" on July 20, 2017, also with their article: "Prudential Financial enters Indonesian life insurance market" published on July 18, 2017, published: "Prudential Financial's quarterly profit almost halves" on August 02, 2017. The financial services provider reported $2.09 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $2.70 by $0.61. Nelson Roberts Inv Advsrs Lc holds 0.01% of its portfolio in Prudential Financial Inc (NYSE:PRU) for 220 shares. Guardian Life Insurance Co. of America now owns 1,658 shares of the financial services provider's stock valued at $177,000 after buying an additional 5 shares in the last quarter. Capital Management Corp sold 7,089 shares as Prudential Finl Inc (PRU)'s stock declined 6.41%. Following the completion of the sale, the insider now directly owns 10,924 shares of the company's stock, valued at $1,225,454.32. Finally, Harbour Capital Advisors LLC increased its stake in shares of Prudential Financial by 10,714.0% in the second quarter. Quadrant Capital Group has an ownership of 1,376 stocks of the financial services provider's shares valued at $139,000 after scooping up an extra 137 shares through out the previous quarter, First Personal Financial Services upped its stake in Prudential Financial by 3.4% in the Q1. Institutional investors own 63.51% of the company's stock.

The share price of Prudential Financial, Inc. Harris Timothy P sold $674,135 worth of Prudential Financial Inc (NYSE:PRU) on Friday, February 17. The stock ended last trade at $106.06 a share and the price is up more than 1.92% so far this year. The stock of Prudential Financial Inc (NYSE:PRU) earned "Overweight" rating by Barclays Capital on Thursday, February 11. The stock's 50-day moving average price is $110.42 and its 200-day moving average price is $108.12. Prudential plc has a 52-week low of GBX 1,290.00 and a 52-week high of GBX 1,889.50.

Prudential Financial (NYSE:PRU) last issued its earnings results on Wednesday, August 2nd.

This table compares StanCorp Financial Group and Prudential Financial's net margins, return on equity and return on assets. The Swiss National Bank holds 1.22M shares with $126.68M value, down from 1.23 million last quarter. As of the last earnings report the EPS was $9.13 and is projected to be $10.22 for the current year with 430,000,000 shares now outstanding.

Political tensions continue to weigh on world stocks
The data comes amid tepid inflation that has remained below the Federal Reserve's 2 percent target, despite low unemployment. OIL: Benchmark U.S. crude was down 14 cents to $48.47 a barrel on the on the New York Mercantile Exchange.

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 14th. The rating was maintained by Bernstein on Friday, August 7 with "Outperform". The dividend yield was $2.73. Prudential Financial has a dividend payout ratio of 29.5% indicating that its dividend is sufficiently covered by earnings.

ILLEGAL ACTIVITY NOTICE: This story was posted by Community Financial News and is owned by of Community Financial News. If you are accessing this piece on another domain, it was illegally copied and reposted in violation of US & global copyright legislation. The legal version of this story can be accessed at The rating was maintained by FBR Capital on Wednesday, July 12 with "Hold". Zacks Investment Research cut Prudential Financial from a "buy" rating to a "hold" rating in a report on Wednesday, June 14th. Ten investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Also, Chairman John R. Strangfeld, Jr. unloaded 201,585 stocks of Prudential Financial shares in a trade dated Mon, Jul 3rd.

Among 14 analysts covering Petroleo Brasileiro Petrobras SA (NYSE:PBR), 3 have Buy rating, 4 Sell and 7 Hold.

The stock of Prudential Financial Incorporated (NYSE:PRU) registered a decrease of 1.31% in short interest. The stock was sold at an average price of $112.18, for a total transaction of $463,639.94. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

In related news, insider Lord J. Adair Turner acquired 1,000 shares of the firm's stock in a transaction that occurred on Wednesday, June 28th. The total value of its holdings increased 0.5%. The disclosure for this sale can be found here. The insider Lowrey Charles F sold $24.08 million. Company insiders own 0.66% of the company's stock. StanCorp Financial Group has increased its dividend for 15 consecutive years and Prudential Financial has increased its dividend for 8 consecutive years.

Other News

Trending Now

Lacazette delighted to get off mark in 'rollercoaster' Premier League debut
Research done by Bettingexpert shows that no current Premier League player has scored more opening day goals than Lacazette. Giroud got the victor with an 85th-minute header, and he said afterward that Arsenal never doubted they could come back.

Justice Department launches civil rights investigation into Charlottesville violence
On Saturday afternoon, a Virginia State Police helicopter assisting in monitoring the protests crashed in Albermarle County. Police said the helicopter was helping law enforcement officers monitor the white nationalist rally in Charlottesville .

United Kingdom tries to counter claims it's unprepared for Brexit talks
Britain voted to leave the European Union in June 2016, but did not trigger the formal two-year exit process until March. The two sides will be looking for a solution to those issues at the next round of talks due at the end of this month.

Dow Falls Nearly 205 Points as North Korea Tensions Persist
CURRENCIES: The dollar rose to 109.24 yen from 109.20 while the euro weakened to $1.1756 from $1.1773. Offsetting the declines was a 0.4 percent gain by the materials group, which includes gold producers.

Daily Afternoon Rain & Storms
The heavier and more extensive rain areas will move east tomorrow night with some rain lingering overnight. We start off with mostly cloudy skies across the Mid-South, with temps warming up to 84°; heat index: 87°.

Fired Google engineer continues blitz against company
It has become an all-out culture war outside the company, as well , putting Google and its employees in the crosshairs. Fired4Truth, widely believed to be Damore's Twitter account, is closing in on 50,000 followers in a matter of days.

Federal govt to spend Rs30bn on infrastructural uplift in Karachi, Hyderabad: PM
He said in Hyderabad the federal government would fund the construction of a university, besides other development projects. The PM during his interaction with the media at the airport hinted at his role to address the MQM-Pakistan's "complaints".

Champions Chelsea reduced to nine and beaten 3-2 by Burnley
Me, I have to start to study a new formation with ten or nine players. "That is something that we've got to continue to work on". Of other possible title contenders, Liverpool drew at Watford 3-3, after Arsenal beat Leicester 4-3 on Friday.

Vietnam wins United States defense pledges as tension with China grows
With the rise of a friendly leader in the Philippines, China has been spared a vocal adversary in the disputed South China Sea. To fend off worldwide criticisms, China became positive about holding talks with ASEAN over relevant issues.

Team Chevy Driver Interviews Before 2017 Pure Michigan 400
He has had success in his career at the track , racking up two wins, eight top-five finishes, and 15 top-10 finishes in 35 races . They will be starting 12th but continually got better through the weekend and posted the third fastest speed in final practice.