罗纳德·布鲁信托公司收购保诚金融公司（纽约证券交易所代码：PRU）的548股股份

Ronald Blue Trust Inc. increased its stake in shares of Prudential Financial, Inc. (NYSE:PRU – Get Rating) by 32.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,222 shares of the financial services provider's stock after acquiring an additional 548 shares during the quarter. Ronald Blue Trust Inc.'s holdings in Prudential Financial were worth $191,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of PRU. Exos TFP Holdings LLC acquired a new position in shares of Prudential Financial in the third quarter valued at $36,000. Fairfield Bush & CO. acquired a new position in shares of Prudential Financial in the 1st quarter valued at $36,000. Tsfg LLC boosted its position in shares of Prudential Financial by 45.7% during the 3rd quarter. Tsfg LLC now owns 459 shares of the financial services provider's stock valued at $39,000 after acquiring an additional 144 shares in the last quarter. Neo Ivy Capital Management bought a new stake in Prudential Financial in the third quarter valued at about $40,000. Finally, McClarren Financial Advisors Inc. acquired a new position in Prudential Financial in the third quarter worth about $44,000. 56.33% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on PRU shares. StockNews.com started coverage on Prudential Financial in a research note on Thursday, March 16th. They issued a "hold" rating on the stock. The Goldman Sachs Group downgraded shares of Prudential Financial from a "neutral" rating to a "sell" rating and cut their price target for the company from $98.00 to $96.00 in a report on Monday, January 9th. Morgan Stanley upped their price objective on shares of Prudential Financial from $112.00 to $114.00 and gave the stock an "equal weight" rating in a research note on Tuesday, January 10th. JPMorgan Chase & Co. cut their target price on shares of Prudential Financial from $118.00 to $114.00 and set a "neutral" rating for the company in a research note on Wednesday, February 8th. Finally, Wells Fargo & Company increased their price target on Prudential Financial from $97.00 to $100.00 and gave the stock an "underweight" rating in a research report on Monday, February 13th. Four equities research analysts have rated the stock with a sell rating and eight have given a hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $103.00.

Insiders Place Their Bets

In related news, EVP Andrew F. Sullivan sold 4,126 shares of the firm's stock in a transaction on Friday, March 3rd. The shares were sold at an average price of $99.20, for a total value of $409,299.20. Following the completion of the transaction, the executive vice president now owns 12,241 shares of the company's stock, valued at $1,214,307.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, EVP Andrew F. Sullivan sold 4,126 shares of the stock in a transaction dated Friday, March 3rd. The shares were sold at an average price of $99.20, for a total transaction of $409,299.20. Following the completion of the transaction, the executive vice president now directly owns 12,241 shares in the company, valued at approximately $1,214,307.20. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Andrew F. Sullivan sold 11,405 shares of Prudential Financial stock in a transaction dated Friday, February 17th. The shares were sold at an average price of $100.95, for a total value of $1,151,334.75. Following the completion of the sale, the executive vice president now directly owns 12,300 shares in the company, valued at approximately $1,241,685. The disclosure for this sale can be found here. Insiders own 0.31% of the company's stock.

Prudential Financial Stock Performance

PRU opened at $77.58 on Monday. The company has a fifty day moving average price of $96.32 and a two-hundred day moving average price of $98.35. Prudential Financial, Inc. has a 52 week low of $75.37 and a 52 week high of $122.54. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 1.16.

Prudential Financial (NYSE:PRU – Get Rating) last released its quarterly earnings data on Tuesday, February 7th. The financial services provider reported $2.42 earnings per share for the quarter, missing the consensus estimate of $2.57 by ($0.15). The business had revenue of $12.65 billion for the quarter, compared to the consensus estimate of $12.78 billion. Prudential Financial had a negative net margin of 2.33% and a positive return on equity of 13.31%. During the same quarter last year, the firm earned $3.18 EPS. On average, sell-side analysts forecast that Prudential Financial, Inc. will post 12.2 EPS for the current year.

Prudential Financial Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 16th. Shareholders of record on Tuesday, February 21st were paid a $1.25 dividend. This is a boost from Prudential Financial's previous quarterly dividend of $1.20. The ex-dividend date was Friday, February 17th. This represents a $5.00 annualized dividend and a yield of 6.44%. Prudential Financial's payout ratio is presently -126.90%.

Prudential Financial declared that its board has authorized a stock repurchase plan on Tuesday, February 7th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the financial services provider to repurchase up to 2.6% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's management believes its shares are undervalued.

Prudential Financial Company Profile

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Prudential Financial, Inc engages in the provision of insurance, investment management, and other financial products and services to both individual and institutional customers. It operates through the following segments: PGIM, U.S. Businesses, International Businesses, Closed Block, and Corporate and Others.

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