Economy

Analysts Set Prudential Financial, Inc. (PRU) Target Price at $96.20

Guardian Life Insurance Co. of America now owns 1,658 shares of the financial services provider's stock worth $177,000 after purchasing an additional 5 shares in the last quarter. The company has market cap of $42.56 billion. The stock increased 0.13% or $0.07 on September 8, reaching $52.37.

Pinnacle Associates Ltd. trimmed its position in Prudential Financial, Inc. Tradewinds Capital Management LLC now owns 1,601 shares of the company's stock valued at $131,000 after buying an additional 43 shares during the last quarter. The stock rose 0.36% or $0.57 reaching $160.95. About 17,517 shares traded. Prudential Financial Inc (NYSE:PRU) has risen 33.66% since September 9, 2016 and is uptrending. Ten research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. Therefore 75% are positive. The financial services provider posted $2.09 EPS for the period, falling below Zacks' average forecast of $2.70 by $0.61. the business reported sales of $13.03 B for the period, compared to analysts' anticipations of $12.45 B. Prudential Financial had a ROE of 8.98% and a net profit margin of 7.15%. RBC Capital Markets maintained it with "Outperform" rating and $55 target in Wednesday, September 21 report. RBC Capital Markets maintained it with "Outperform" rating and $203 target in Thursday, June 23 report. Atlantic Securities downgraded the shares of PRU in report on Friday, February 10 to "Neutral" rating. The stock of Prudential Financial Inc (NYSE:PRU) has "Neutral" rating given on Wednesday, January 20 by Bank of America. The stock of CSX Corporation (NASDAQ:CSX) earned "Underperform" rating by CLSA on Thursday, May 19. As per Tuesday, September 5, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained it with "Buy" rating and $6500 target in Monday, July 10 report. Cowen & Co maintained Canadian Pacific Railway Limited (USA) (NYSE:CP) on Wednesday, August 30 with "Buy" rating. "(STI) Ex-Dividend Date Scheduled for August 29, 2017" on August 28, 2017. (NYSE:STI) was released by: Prnewswire.com and their article: "SunTrust Expands Cash Back Rewards Program" with publication date: August 16, 2017.

Investors sentiment decreased to 1.2 in Q4 2016. The 50 day moving average was down by -1.53% and the 200 day average was down $-0.23. It turned negative, as 56 investors sold Lennar Corporation shares while 153 reduced holdings. 102 funds opened positions while 164 raised stakes. 649.07 million shares or 2.31% more from 634.41 million shares in 2016Q3 were reported. The Egerton Capital Uk Llp holds 2.45M shares with $349.94M value, down from 2.48M last quarter. Shareholders of record on Tuesday, August 22nd will be given a $0.75 dividend. Arrow Corporation holds 0.12% or 4,565 shares in its portfolio. On Monday, September 7 the stock rating was upgraded by Deutsche Bank to "Buy".

Jw Asset Management Llc holds 0.01% of its portfolio in Medical Transcription Billing Corp for 22,903 shares. Moreover, Adage Capital Partners Gp L.L.C. has 0% invested in the company for 1.01 million shares. (NYSE:STI) for 60,025 shares. Live Your Vision Ltd owns 129 shares for 0.01% of their portfolio. Fin Architects Inc accumulated 13,542 shares. Patten Group invested 0.87% in SunTrust Banks, Inc. (NYSE:STI) or 3,015 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.05% of its portfolio in SunTrust Banks, Inc. Moreover, Lsv Asset Management has 0.67% invested in SunTrust Banks, Inc. Inv Centers Of America stated it has 6,351 shares. Trust Co grew its stake in shares of Prudential Financial by 1.0% in the first quarter.

Royal Bank Of Canada reiterated their hold rating on shares of Prudential Financial, Inc. Its down 0.09, from 1.29 in 2016Q3. It improved, as 40 investors sold PRU shares while 258 reduced holdings. Acadian Asset Management LLC raised its position in Prudential Financial by 2,179.5% during the 2nd quarter. State Street reported 20.24 million shares. With short interest at 4,973 and short average daily volume at 18,624, the short-interest ratio is 0.0 and the percentage of shorted shares is 0.00% as of August 15. Deprince Race Zollo, a Florida-based fund reported 475,204 shares. West Virginia-based Wesbanco Savings Bank has invested 0.43% in Prudential Financial Inc (NYSE:PRU). 10,225 are owned by Gideon Capital Advsrs. Rock Point Advisors Llc owns 142,642 shares or 1.85% of their USA portfolio. Foundry Partners Ltd Llc has invested 0.44% in Prudential Financial Inc (NYSE:PRU). Rocky Mountain Advisers Ltd Com reported 87 shares. Wesbanco Bancshares Incorporated holds 71,802 shares or 0.43% of its portfolio. Keefe Bruyette & Woods maintained Prudential Financial Inc (NYSE:PRU) rating on Thursday, November 12. Hudock Capital Group grew its position in Prudential Financial by 0.7% in the Fiscal Q2. Hedge funds and other institutional investors own 64.46% of the company's stock. Prudential Financial has a 52 week low of $57.19 and a 52 week high of $108.29. Andra Ap stated it has 41,800 shares or 0.12% of all its holdings.

Since May 8, 2017, it had 0 insider buys, and 1 insider sale for $24.08 million activity.

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