Prudential Financial, Inc. (NYSE:PRU) Upgraded at FBR & Co

Lloyd Doyle
October 19, 2017

Its up 0.06, from 1.14 in 2017Q1.

Level Four Advisory Services LLC reduced its stake in shares of Prudential Financial, Inc. 74 funds opened positions while 270 raised stakes. This indicator compares the closing price of a stock in relation to the highs and lows over a certain time period.

Tower Rech Cap Ltd Liability Company (Trc) holds 100 shares. Comm National Bank has invested 0.01% of its portfolio in Prudential Financial Inc (NYSE:PRU). New York State Common Retirement Fund holds 0.19% or 1.34M shares. Mitsubishi Ufj Secs Holdg Commerce invested in 0.05% or 90 shares. Trexquant Investment L P reported 0.14% of its portfolio in Prudential Financial Inc (NYSE:PRU). FBR Capital maintained the stock with "Outperform" rating in Monday, May 16 report. Credit Suisse maintained the shares of PRU in report on Friday, April 28 with "Hold" rating. Hancock Holdg holds 0.14% of its portfolio in Prudential Financial Inc (NYSE:PRU) for 31,558 shares. Bank of America downgraded Prudential Financial Inc (NYSE:PRU) on Wednesday, January 20 to "Neutral" rating. Nelson Roberts Investment Advsr Ltd Com owns 220 shares.

08/08/2014 - Prudential Financial, Inc. had its " rating reiterated by analysts at Scotiabank. 267.93 million shares or 1.25% more from 264.62 million shares in 2017Q1 were reported.

Since May 8, 2017, it had 0 buys, and 1 insider sale for $24.08 million activity. $24.08M worth of Prudential Financial Inc (NYSE:PRU) shares were sold by Lowrey Charles F. As per Tuesday, October 10, the company rating was upgraded by FBR Capital.

Based on the latest notes released to investors, 1 analyst has issued a rating of "buy", 4 analysts "outperform", 10 analysts "hold", 0 analysts "underperform" and 0 analysts "sell". Therefore 62% are positive. Prudential Financial, Inc. has a one year low of $82.45 and a one year high of $115.26. Insider activity and sentiment signals are important to monitor because they can shed light on how "risky" a stock is perceived to be at it's current valuation. BidaskClub upgraded shares of Prudential Financial from a hold rating to a buy rating in a research report on Wednesday, July 12th. The firm has "Hold" rating by RBC Capital Markets given on Tuesday, September 5. Wells Fargo & Company restated a hold rating on shares of Prudential Financial in a research report on Thursday, August 3rd. Keefe Bruyette & Woods maintained Prudential Financial Inc (NYSE:PRU) rating on Monday, September 11. Finally, Citigroup Inc. upgraded shares of Prudential Financial from a "neutral" rating to a "buy" rating and set a $103.00 target price on the stock in a research report on Tuesday. The company was maintained on Thursday, February 11 by RBC Capital Markets. Prudential Financial had 36 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was upgraded by Zacks to "Buy" on Monday, September 7. 582,284 shares of the company traded hands. Prudential Financial Inc (NYSE:PRU) has risen 33.66% since October 18, 2016 and is uptrending. The financial services provider reported $2.09 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $2.70 by ($0.61). This dividend represents a yield of $2.75 which is the dividend as a percentage of the current share price. After $2.09 actual earnings per share reported by Prudential Financial Inc for the previous quarter, Wall Street now forecasts 29.67% EPS growth.

Argent Capital Management Llc decreased Prudential Financial Inc. The stock has a market cap of $46.47 billion, a price-to-earnings ratio of 12.15 and a beta of 1.51. The Company, through its subsidiaries, offers a range of financial services and products, which includes life insurance, annuities, retirement-related services, mutual funds and investment management. Also, it has an estimated price-earnings (P/E) multiple of 9.72 and a trailing 12-month price-earnings (P/E) multiple of 12.21.

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