GC Wealth Management RIA LLC Decreases Stock Holdings in Prudential plc (NYSE:PUK)

GC Wealth Management RIA LLC trimmed its position in shares of Prudential plc (NYSE:PUK) by 16.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 30,777 shares of the financial services provider’s stock after selling 5,855 shares during the quarter. GC Wealth Management RIA LLC’s holdings in Prudential were worth $491,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of PUK. Crossmark Global Holdings Inc. raised its position in shares of Prudential by 47.6% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 110,551 shares of the financial services provider’s stock valued at $2,049,000 after purchasing an additional 35,668 shares during the last quarter. Catalytic Wealth RIA LLC raised its position in shares of Prudential by 11.8% in the 3rd quarter. Catalytic Wealth RIA LLC now owns 36,632 shares of the financial services provider’s stock valued at $679,000 after purchasing an additional 3,870 shares during the last quarter. MQS Management LLC purchased a new position in shares of Prudential in the 3rd quarter valued at approximately $257,000. Oppenheimer Asset Management Inc. raised its position in shares of Prudential by 3.7% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 151,598 shares of the financial services provider’s stock valued at $2,811,000 after purchasing an additional 5,448 shares during the last quarter. Finally, Natixis Advisors LLC raised its position in shares of Prudential by 5.0% in the 3rd quarter. Natixis Advisors LLC now owns 623,461 shares of the financial services provider’s stock valued at $11,559,000 after purchasing an additional 29,672 shares during the last quarter. 1.90% of the stock is owned by hedge funds and other institutional investors.

Prudential Trading Down 0.2 %

Shares of NYSE:PUK opened at $19.11 on Wednesday. Prudential plc has a twelve month low of $14.39 and a twelve month high of $21.27. The company’s 50 day moving average is $17.00 and its 200 day moving average is $16.90. The company has a market cap of $25.20 billion, a PE ratio of 8.23, a price-to-earnings-growth ratio of 0.41 and a beta of 1.21.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Prudential from a “sell” rating to a “hold” rating in a research report on Wednesday, January 22nd.

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.