Insider Buying: Prudential (LON:PRU) Insider Purchases 10 Shares of Stock

Prudential (LON:PRU) insider Mark FitzPatrick acquired 10 shares of the business’s stock in a transaction on Monday, April 9th. The stock was purchased at an average price of GBX 1,779 ($24.81) per share, for a total transaction of £177.90 ($248.12).

Mark FitzPatrick also recently made the following trade(s):

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  • On Thursday, February 8th, Mark FitzPatrick acquired 10 shares of Prudential stock. The stock was purchased at an average price of GBX 1,810 ($25.24) per share, for a total transaction of £181 ($252.44).

Prudential stock opened at GBX 1,882 ($26.25) on Wednesday. Prudential has a twelve month low of GBX 1,612.14 ($22.48) and a twelve month high of GBX 1,992.50 ($27.79).



Prudential (LON:PRU) last announced its quarterly earnings results on Wednesday, March 14th. The financial services provider reported GBX 145.20 ($2.03) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of GBX 139 ($1.94) by GBX 6.20 ($0.09). Prudential had a net margin of 3.50% and a return on equity of 19.94%. The company had revenue of GBX 4,400.50 billion for the quarter.

The firm also recently declared a dividend, which will be paid on Friday, May 18th. Stockholders of record on Thursday, March 29th will be paid a dividend of GBX 32.50 ($0.45) per share. This is a positive change from Prudential’s previous dividend of $14.50. The ex-dividend date of this dividend is Thursday, March 29th. This represents a dividend yield of 1.7%.

Several equities research analysts have recently weighed in on PRU shares. BNP Paribas reissued an “outperform” rating on shares of Prudential in a research note on Wednesday, March 28th. Goldman Sachs set a GBX 2,290 ($31.94) target price on shares of Prudential and gave the company a “buy” rating in a research note on Wednesday, February 14th. Deutsche Bank reaffirmed a “buy” rating and issued a GBX 2,050 ($28.59) price target on shares of Prudential in a research note on Tuesday, February 6th. UBS set a GBX 2,400 ($33.47) price target on shares of Prudential and gave the stock a “buy” rating in a research note on Thursday, March 15th. Finally, Credit Suisse Group reaffirmed an “outperform” rating and issued a GBX 2,235 ($31.17) price target on shares of Prudential in a research note on Monday, February 26th. Six analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 2,119.89 ($29.57).

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About Prudential

Prudential plc, together with its subsidiaries, provides a range of retail financial products and services, and asset management services in Asia, the United States, the United Kingdom, Europe, and Africa. The company offers health and protection, as well as other life insurance products, including participating business and mutual funds; and personal lines property and casualty insurance, group insurance, and institutional fund management services.

Insider Buying and Selling by Quarter for Prudential (LON:PRU)

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