Prudential plc (NYSE:PUK) Stake Reduced by Yousif Capital Management LLC

Yousif Capital Management LLC trimmed its holdings in Prudential plc (NYSE:PUK) by 24.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,810 shares of the financial services provider’s stock after selling 5,149 shares during the quarter. Yousif Capital Management LLC’s holdings in Prudential were worth $252,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. DAVENPORT & Co LLC grew its holdings in shares of Prudential by 6.4% in the 4th quarter. DAVENPORT & Co LLC now owns 90,796 shares of the financial services provider’s stock worth $1,447,000 after acquiring an additional 5,437 shares during the last quarter. First Affirmative Financial Network boosted its position in shares of Prudential by 54.5% in the 4th quarter. First Affirmative Financial Network now owns 16,724 shares of the financial services provider’s stock valued at $267,000 after purchasing an additional 5,897 shares during the period. Gradient Investments LLC boosted its position in shares of Prudential by 32.8% in the 4th quarter. Gradient Investments LLC now owns 31,924 shares of the financial services provider’s stock valued at $509,000 after purchasing an additional 7,892 shares during the period. Crossmark Global Holdings Inc. increased its stake in Prudential by 0.8% in the 4th quarter. Crossmark Global Holdings Inc. now owns 111,486 shares of the financial services provider’s stock worth $1,777,000 after purchasing an additional 935 shares in the last quarter. Finally, Ballentine Partners LLC acquired a new stake in Prudential during the 4th quarter worth about $163,000. Institutional investors own 1.90% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Prudential from a “sell” rating to a “hold” rating in a report on Wednesday, January 22nd.

Prudential Price Performance

Shares of NYSE:PUK opened at $18.30 on Tuesday. The company’s fifty day moving average is $16.20 and its two-hundred day moving average is $16.68. Prudential plc has a 12-month low of $14.39 and a 12-month high of $21.42.

About Prudential

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.