Altrius Capital Management Inc Buys 10,430 Shares of Prudential plc (NYSE:PUK)

Altrius Capital Management Inc lifted its stake in Prudential plc (NYSE:PUK) by 3.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 278,654 shares of the financial services provider’s stock after purchasing an additional 10,430 shares during the period. Prudential accounts for 1.7% of Altrius Capital Management Inc’s portfolio, making the stock its 22nd largest position. Altrius Capital Management Inc’s holdings in Prudential were worth $6,256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently bought and sold shares of the stock. Causeway Capital Management LLC raised its stake in shares of Prudential by 42.1% during the third quarter. Causeway Capital Management LLC now owns 1,328,428 shares of the financial services provider’s stock worth $29,119,000 after buying an additional 393,374 shares during the last quarter. Ramirez Asset Management Inc. bought a new stake in shares of Prudential during the 3rd quarter valued at $4,740,000. Envestnet Asset Management Inc. lifted its stake in shares of Prudential by 31.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 729,427 shares of the financial services provider’s stock valued at $15,989,000 after purchasing an additional 174,838 shares during the period. Northern Trust Corp boosted its position in shares of Prudential by 11.2% in the 3rd quarter. Northern Trust Corp now owns 1,331,838 shares of the financial services provider’s stock worth $29,194,000 after purchasing an additional 134,347 shares during the last quarter. Finally, Qube Research & Technologies Ltd grew its stake in shares of Prudential by 677.7% during the third quarter. Qube Research & Technologies Ltd now owns 140,250 shares of the financial services provider’s stock worth $3,074,000 after purchasing an additional 122,216 shares during the period. Institutional investors own 1.90% of the company’s stock.

Prudential Price Performance

Prudential stock traded up $0.49 during midday trading on Monday, hitting $18.80. 1,477,906 shares of the stock were exchanged, compared to its average volume of 903,951. Prudential plc has a 52 week low of $17.12 and a 52 week high of $30.91. The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 0.22. The company has a fifty day simple moving average of $19.41 and a two-hundred day simple moving average of $20.85.

Prudential Increases Dividend

The firm also recently announced a Semi-Annual dividend, which will be paid on Thursday, May 16th. Investors of record on Tuesday, April 2nd will be paid a dividend of $0.2842 per share. This is a boost from Prudential’s previous Semi-Annual dividend of $0.24. The ex-dividend date is Monday, April 1st.

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.