Tuesday, October 29, 2024

Sei Investments Co. Holds $6.79 Million Stake in Prudential Financial, Inc. (NYSE:PRU)

Sei Investments Co. Increases Position in Prudential Financial, Inc. by 12.9%

Are you interested in learning more about the recent activity surrounding Prudential Financial, Inc. (NYSE:PRU)? Sei Investments Co. has increased its position in the company by 12.9% during the first quarter, showing confidence in the financial services provider. Other hedge funds have also made moves with Choreo LLC increasing its holdings by 163.5% and Cullinan Associates Inc. by 2,355.0%.

Despite this positive news, Prudential Financial’s stock has seen a slight decrease of 1.2%. However, the company recently announced a quarterly dividend, providing investors with a 4.20% dividend yield. Additionally, insider activity has been notable with major shareholder Insurance Co Of Ame Prudential making a significant purchase of shares.

Analysts have mixed opinions on PRU, with some upping their target prices while others have issued sell ratings. Overall, the stock has an average rating of “Hold” with a consensus price target of $116.67.

Prudential Financial, Inc. offers insurance, investment management, and other financial products and services both domestically and internationally. To stay updated on the latest news and analyst ratings for PRU, visit MarketBeat.com for daily summaries and insights.

If you want to see what other hedge funds are holding PRU or get more in-depth analysis, visit HoldingsChannel.com. Don’t forget to sign up for MarketBeat.com’s FREE daily email newsletter to receive the latest news and ratings for Prudential Financial and other related companies.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The content is based on general research and may not be accurate, reliable, or up-to-date. Before making any financial decisions, it is recommended to consult with a professional financial advisor or conduct thorough research to verify the accuracy of the information presented. The author and publisher disclaim any liability for any financial losses or damages incurred as a result of relying on the information provided in this article. Readers are encouraged to independently verify the facts and information before making any financial decisions.

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