Corient Private Wealth and
CreativeOne Wealth increased their shares in
Prudential Financial, Inc. (PRU), while
US Bancorp DE and
Brown Advisory Inc. decreased their stakes. Multiple brokerages have shared ratings and insights about PRU with
RBC Capital maintaining a 'Sector Perform' recommendation and
Jefferies Financial Group upgrading them to 'Buy'.
Fidelity Investmentsβ’ platform has seen the launch of PRU's SimplyIncome, intended for workplace retirement plans. However, PRU has also received a consensus rating of 'Reduce'.
Norges bank bought over a million shares in PRU, suggesting strong interest. PRU's Q1 2024 Earnings call indicated a miss in earnings but a rise in revenues. PRU also assumed $4.9 billion in pension obligations for Shell U.S. retirees. PRU's stock value has increased 13% YTD and 52.3% in a year. Meanwhile, PRU and
Warburg Pincus have launched
Prismic Life Re. Institutional Investors hold 59% of PRU's stock. PRU issued its 2022 Sustainability Report and declared a quarterly dividend on common stock.
Prudential Financial PRU News Analytics from Thu, 20 Jul 2023 07:00:00 GMT to Sun, 26 May 2024 15:12:29 GMT -
Rating 5
- Innovation 2
- Information 4
- Rumor -2