First Affirmative Financial Network Has $267,000 Holdings in Prudential plc (NYSE:PUK)

First Affirmative Financial Network boosted its position in shares of Prudential plc (NYSE:PUK) by 54.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 16,724 shares of the financial services provider’s stock after acquiring an additional 5,897 shares during the period. First Affirmative Financial Network’s holdings in Prudential were worth $267,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of PUK. AQR Capital Management LLC acquired a new stake in Prudential in the 2nd quarter valued at approximately $364,000. Creative Planning raised its holdings in shares of Prudential by 96.8% in the second quarter. Creative Planning now owns 70,751 shares of the financial services provider’s stock valued at $1,296,000 after purchasing an additional 34,799 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Prudential by 43.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 8,254 shares of the financial services provider’s stock worth $151,000 after purchasing an additional 2,507 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in Prudential during the second quarter worth $678,000. Finally, Blue Trust Inc. grew its position in Prudential by 260.7% in the third quarter. Blue Trust Inc. now owns 9,735 shares of the financial services provider’s stock valued at $178,000 after purchasing an additional 7,036 shares in the last quarter. Institutional investors and hedge funds own 1.90% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on PUK shares. StockNews.com raised shares of Prudential from a “sell” rating to a “hold” rating in a research report on Wednesday, January 22nd. Barclays raised Prudential to a “strong-buy” rating in a research report on Tuesday, October 15th.

Prudential Stock Performance

Shares of PUK opened at $17.18 on Friday. The company’s fifty day simple moving average is $16.02 and its 200 day simple moving average is $16.78. Prudential plc has a 1-year low of $14.39 and a 1-year high of $21.60.

Prudential Company Profile

Prudential plc, through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa. The company was founded in 1848 and is headquartered in Central, Hong Kong.