Keefe, Bruyette & Woods Reiterates Buy Rating for Prudential Financial, Inc. (NYSE:PRU)

Keefe, Bruyette & Woods Reiterates Buy Rating for Prudential Financial, Inc. (NYSE:PRU)

(NYSE:PRU) during the second quarter, according to its most recent filing with the SEC. The fund owned 4,032 shares of the financial services provider's stock after buying an additional 1,481 shares during the period.

As analysts monitor volatile markets in recent weeks they have updated their price targets on shares of Prudential Financial, Inc.

A number of other research firms have also commented on PRU.

Prudential Public Limited Company (Prudential) is a United Kingdom-based global financial services company. First Personal Financial Services has an ownership of 1,407 stocks of the financial services provider's shares valued $150,000 after scooping up an extra 46 shares through out the quarter. Finally, Credit Suisse Group lowered their price target on shares of Prudential Financial from $121.00 to $120.00 and set a "neutral" rating for the company in a report on Tuesday, May 23rd. The brokerage now has a neutral rating on the financial services provider's stock. The stock of Prudential Financial Inc (NYSE:PRU) has "Buy" rating given on Monday, September 7 by Deutsche Bank. Koshinski Asset Management Inc. increased its stake in shares of Prudential Financial by 0.4% in the first quarter. Following the transaction, the insider now owns 10,924 shares of the company's stock, valued at $1,225,454.32. The fund owned 1,797 shares of the financial services provider's stock at the end of the second quarter. The value of the company's investment in Prudential Financial, Inc. went from $10,915,000 to $10,660,000 decreasing 2.3% quarter over quarter. Company insiders own 0.66% of the company's stock. The Fort Washington Investment Advisors Inc holds 108,685 shares with $11.31M value, up from 68,772 last quarter. (NYSE:PRU) established that the company was able to keep return on investment at - in the trailing twelve month while Reuters data showed that industry's average stands at 0.00 and sector's optimum level is 0.44. The firm has a market cap of $45.13 billion, a price-to-earnings ratio of 11.80 and a beta of 1.50. RBC Capital Markets maintained Prudential Financial Inc (NYSE:PRU) on Monday, July 31 with "Hold" rating. $22,562 worth of Prudential Financial Inc (NYSE:PRU) was bought by Pianalto Sandra on Friday, March 3.

Prudential Financial (NYSE:PRU) last issued its earnings results on Wednesday, August 2nd. During the same quarter in the prior year, the business earned $1.84 earnings per share. The firm had revenue of $13.03 billion during the quarter, compared to analyst estimates of $12.45 billion. On average, equities analysts expect that Prudential Financial, Inc. will post $10.22 EPS for the current fiscal year. The company also declared a dividend for shareholders paid on Thursday the 15th of June 2017. J P Morgan Chase & Co lifted their price objective on shares of Prudential plc from GBX 1,705 ($22.20) to GBX 1,800 ($23.44) and gave the company a neutral rating in a research note on Tuesday, August 1st. The ex-dividend date of this dividend is Friday, August 18th. (NYSE:PRU) now have an ABR of 2.33.which is marked on a basic 1 to 5 scale, where 1 stands for a Strong Buy and 5 represents Strong Sell. Prudential Financial pays out 30.5% of its earnings in the form of a dividend.

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Quite a few brokerage firm analysts have quite recently weighed in on PRU Stocks. BidaskClub raised Prudential Financial from a "hold" rating to a "buy" rating in a report on Wednesday, July 12th. Royal Bank Of Canada reiterated a "hold" rating and set a $113.00 price target on shares of Prudential Financial in a report on Tuesday, June 27th. Macquarie boosted their target price on Prudential plc from GBX 1,877 ($24.44) to GBX 1,977 ($25.75) and gave the company an "outperform" rating in a research report on Friday. Ten equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company's stock. The company presently has a consensus rating of Buy and a consensus target price of GBX 1,905.39 ($24.81). Following the transaction, the chairman now directly owns 456,121 shares in the company, valued at $50,173,310. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The stock was purchased at an average cost of GBX 1,802 ($23.47) per share, for a total transaction of £18,020 ($23,466.60). The disclosure for this sale can be found here. Corporate insiders own 0.66% of the company's stock.

Prudential Financial, Inc, is a financial services company.

Prudential Financial, Inc., is a financial services company.