Cetera Trust Company N.A Has $56,000 Stock Position in Prudential plc (NYSE:PUK)

Cetera Trust Company N.A lowered its position in shares of Prudential plc (NYSE:PUK) by 63.2% in the fourth quarter, HoldingsChannel reports. The fund owned 3,495 shares of the financial services provider’s stock after selling 6,000 shares during the period. Cetera Trust Company N.A’s holdings in Prudential were worth $56,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of PUK. Mediolanum International Funds Ltd acquired a new stake in shares of Prudential in the 3rd quarter valued at approximately $19,505,000. StoneX Group Inc. acquired a new stake in Prudential in the third quarter valued at $5,090,000. JPMorgan Chase & Co. grew its position 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 acquiring an additional 228,499 shares during the period. Marshall Wace LLP grew its position in shares of Prudential by 13.5% in the 2nd quarter. Marshall Wace LLP now owns 1,076,579 shares of the financial services provider’s stock valued at $19,723,000 after acquiring an additional 128,124 shares during the period. Finally, Bank of Montreal Can lifted its stake in Prudential by 15.0% in the 2nd quarter. Bank of Montreal Can now owns 795,969 shares of the financial services provider’s stock valued at $15,418,000 after purchasing an additional 103,625 shares during the last quarter. Institutional investors and hedge funds own 1.90% of the company’s stock.

Prudential Stock Up 0.4 %

Prudential stock opened at $16.17 on Wednesday. Prudential plc has a 12 month low of $14.39 and a 12 month high of $22.07. The stock’s 50 day moving average is $15.97 and its 200-day moving average is $16.88.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on PUK. Barclays raised Prudential to a “strong-buy” rating in a research report on Tuesday, October 15th. StockNews.com cut shares of Prudential from a “hold” rating to a “sell” rating in a research report on Monday, November 25th.

Prudential 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.