Usca Ria LLC Decreased Its Stake in Prudential Finl INC (PRU) by $4.01 Million

August 11, 2017 - By Stephen Andrade

Investors sentiment increased to 1.17 in 2016 Q4. Its up 0.32, from 0.85 in 2016Q3. It is positive, as 40 investors sold PRU shares while 258 reduced holdings. 104 funds opened positions while 244 raised stakes. 258.13 million shares or 1.92% more from 253.26 million shares in 2016Q3 were reported. Zeke Cap Advsrs Limited Liability Company stated it has 3,855 shares or 0.11% of all its holdings. Hengehold Management Ltd Llc owns 22,197 shares or 0.7% of their US portfolio. Davis R M invested in 0.02% or 4,341 shares. 168,686 are held by Calvert Inc. Dalton Greiner Hartman Maher And owns 244,676 shares. 113,310 are held by Martingale Asset Mngmt Lp. Beacon Fin Gp owns 9,429 shares. National Asset Mgmt Inc, New York-based fund reported 6,383 shares. Price T Rowe Associates Md owns 820,063 shares or 0.02% of their US portfolio. Rothschild Asset Mgmt reported 262,418 shares. Argent Trust has 0.06% invested in Prudential Financial Inc (NYSE:PRU) for 2,004 shares. Moreover, Oakworth Capital has 0.04% invested in Prudential Financial Inc (NYSE:PRU) for 1,258 shares. Etrade Capital Management Ltd Co holds 2,381 shares or 0.01% of its portfolio. Sun Life Fincl Inc invested in 0% or 24 shares. 5,219 were reported by Johnson Counsel.

Since February 16, 2017, it had 3 insider buys, and 4 selling transactions for $36.42 million activity. The insider Harris Timothy P sold $674,135. Koster Barbara sold 33,743 shares worth $3.81M. Pelletier Stephen sold $7.99M worth of Prudential Financial Inc (NYSE:PRU) on Thursday, February 16. The insider Pianalto Sandra bought $22,562. $24.08M worth of Prudential Financial Inc (NYSE:PRU) shares were sold by Lowrey Charles F. On Thursday, February 23 the insider Paz George bought $55,365. $50,000 worth of Prudential Financial Inc (NYSE:PRU) was bought by TODMAN MICHAEL.

Usca Ria Llc decreased its stake in Prudential Finl Inc (PRU) by 73.53% based on its latest 2016Q4 regulatory filing with the SEC. Usca Ria Llc sold 38,584 shares as the company’s stock declined 6.41% while stock markets rallied. The institutional investor held 13,893 shares of the finance company at the end of 2016Q4, valued at $1.45M, down from 52,477 at the end of the previous reported quarter. Usca Ria Llc who had been investing in Prudential Finl Inc for a number of months, seems to be less bullish one the $45.55B market cap company. The stock declined 0.22% or $0.23 reaching $105.83 per share. About 1.51 million shares traded. Prudential Financial Inc (NYSE:PRU) has risen 33.66% since August 11, 2016 and is uptrending. It has outperformed by 16.96% the S&P500.

More notable recent Prudential Financial Inc (NYSE:PRU) news were published by: Reuters.com which released: “Prudential Financial to reorganize US businesses” on July 20, 2017, also Reuters.com with their article: “Prudential Financial enters Indonesian life insurance market” published on July 18, 2017, Reuters.com published: “Prudential Financial’s quarterly profit nearly halves” on August 02, 2017. More interesting news about Prudential Financial Inc (NYSE:PRU) were released by: Nasdaq.com and their article: “Highland Capital Management, Llc Buys Prudential Financial Inc, Laboratory …” published on July 19, 2017 as well as Businesswire.com‘s news article titled: “Prudential Financial, Inc. Announces Second Quarter 2017 Results” with publication date: August 02, 2017.

Prudential Financial Inc (NYSE:PRU) Ratings Coverage

Among 13 analysts covering Prudential Financial (NYSE:PRU), 6 have Buy rating, 0 Sell and 7 Hold. Therefore 46% are positive. Prudential Financial had 31 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Thursday, January 26 by Citigroup. The firm has “Hold” rating given on Monday, June 26 by RBC Capital Markets. The stock has “Buy” rating by Bank of America on Friday, November 18. On Monday, May 16 the stock rating was maintained by FBR Capital with “Outperform”. The firm earned “Hold” rating on Wednesday, August 2 by Wells Fargo. The rating was downgraded by Bank of America to “Neutral” on Wednesday, January 20. Credit Suisse maintained the stock with “Hold” rating in Friday, April 28 report. The rating was maintained by RBC Capital Markets with “Hold” on Monday, July 31. The company was reinitiated on Friday, September 23 by Wells Fargo. Deutsche Bank upgraded Prudential Financial Inc (NYSE:PRU) on Monday, September 7 to “Buy” rating.

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