(NYSE:PUK) shares saw light trading volume with 131K shares changing hands on Thursday. Volume was down 75.98% under the stocks average daily volume.
Traders are feeling more bullish on Prudential Public Limited Compa lately at least if you consider the fall in short interest. The firm experienced a fall in short interest of -18.87% as of the latest report on August 15, 2017. Short interest decreased from 218,576 to 177,339 over that period. Days to cover increased from 0.0 to 1.0 and the short interest percentage is 0.00% as of August 15.
Here are a few substantial investment firms who have updated their positions. Next Financial Group, Inc expanded its holdings by buying 434 shares an increase of 3.5% in the quarter. Next Financial Group, Inc claims 12,870 shares with a value of $592,000,000. The value of the position overall is up by 107,146.4%. As of quarter end Jane Street Group, LLC had bought a total of 1,713,904 shares growing its position 18,233.0%. The value of the investment in Prudential Public Limited Compa increased from $398,000 to $79,289,000 a change of $78,891,000 since the last quarter.
As of the end of the quarter Ubs Group Ag had acquired 20,929 shares growing its holdings by 15.6%. The value in dollars went from $5,701,000 to $7,155,000 increasing 25.5% for the reporting period. As of quarter end William Blair Investment Management, LLC had disposed of a total of 11,840 shares trimming its stake by 8.1%. The value of the company’s investment in Prudential Public Limited Compa decreased from $6,218,000 to $6,210,000 a change of 0.1% quarter to quarter.
In the market the company is trading down by 1.34%% since yesterday’s close of 47.87. The stock last traded at $47.23 a tad under $47.27, the 50 day moving average and just a bit higher than the 200 day moving average of $44.93. The 50 day moving average moved down $-0.04 and the 200 day average went up $2.30 or +5.11%.
The company currently has a P/E ratio of 17.11 and the market cap is 60.79B.
Prudential Public Limited Company (Prudential), launched on November 1, 1978, 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. Its insurance operations include Asia, the United States (Jackson National Life Insurance Company (Jackson)) and the United Kingdom. Its asset management operations include Eastspring Investments, US broker-dealer and asset management, M&G and Prudential Capital..