Prudential Financial, Inc. (PRU) EPS Estimated At $3.11

October 14, 2018 - By Adrian Mccoy

Prudential Financial, Inc. (NYSE:PRU) LogoInvestors sentiment decreased to 1.06 in Q2 2018. Its down 0.10, from 1.16 in 2018Q1. It worsened, as 63 investors sold Prudential Financial, Inc. shares while 256 reduced holdings. 74 funds opened positions while 263 raised stakes. 255.67 million shares or 1.63% less from 259.90 million shares in 2018Q1 were reported.
Cibc Markets Incorporated reported 63,374 shares stake. Proshare Ltd Liability Company holds 0.09% of its portfolio in Prudential Financial, Inc. (NYSE:PRU) for 136,973 shares. Mason Street Advsr Limited Liability Company accumulated 58,927 shares. Northstar Asset Limited Company accumulated 4,780 shares. Moreover, Utah Retirement Sys has 0.15% invested in Prudential Financial, Inc. (NYSE:PRU) for 77,769 shares. The Illinois-based Grp One Trading Lp has invested 0% in Prudential Financial, Inc. (NYSE:PRU). Meiji Yasuda Life Insurance Com holds 13.2% of its portfolio in Prudential Financial, Inc. (NYSE:PRU) for 1.03 million shares. Ohio-based Park Natl Oh has invested 0.01% in Prudential Financial, Inc. (NYSE:PRU). Nebraska-based Cls Invests Ltd Limited Liability Company has invested 0% in Prudential Financial, Inc. (NYSE:PRU). Meritage Port Mgmt has invested 0.55% in Prudential Financial, Inc. (NYSE:PRU). Massachusetts Financial Com Ma owns 5.70M shares. Shine Invest Advisory Serv holds 475 shares. Stratos Wealth Prns Limited stated it has 0.05% of its portfolio in Prudential Financial, Inc. (NYSE:PRU). Wolverine Asset Mgmt reported 50,000 shares. Daiwa Group Inc invested in 14,270 shares.

Analysts expect Prudential Financial, Inc. (NYSE:PRU) to report $3.11 EPS on November, 7.They anticipate $0.10 EPS change or 3.32 % from last quarter’s $3.01 EPS. PRU’s profit would be $1.30 billion giving it 7.86 P/E if the $3.11 EPS is correct. After having $3.01 EPS previously, Prudential Financial, Inc.’s analysts see 3.32 % EPS growth. The stock increased 0.06% or $0.06 during the last trading session, reaching $97.76. About 2.67M shares traded or 37.42% up from the average. Prudential Financial, Inc. (NYSE:PRU) has declined 5.28% since October 14, 2017 and is downtrending. It has underperformed by 20.90% the S&P500.

Prudential Financial, Inc. (NYSE:PRU) Ratings Coverage

Among 6 analysts covering Prudential Financial (NYSE:PRU), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Prudential Financial had 8 analyst reports since April 25, 2018 according to SRatingsIntel. The firm earned “Overweight” rating on Monday, July 9 by Barclays Capital. Goldman Sachs upgraded Prudential Financial, Inc. (NYSE:PRU) on Monday, June 4 to “Buy” rating. As per Friday, August 17, the company rating was maintained by Credit Suisse. As per Monday, July 16, the company rating was maintained by FBR Capital. Deutsche Bank maintained Prudential Financial, Inc. (NYSE:PRU) rating on Friday, May 4. Deutsche Bank has “Hold” rating and $113 target. On Tuesday, August 7 the stock rating was maintained by FBR Capital with “Buy”. The company was maintained on Monday, October 8 by UBS.

Prudential Financial, Inc., through its subsidiaries, provides insurance, investment management, and other financial services and products in the United States and internationally. The company has market cap of $40.84 billion. The firm primarily offers life insurance, annuities, retirement-related, mutual funds, and investment management services and products. It has a 5.63 P/E ratio. It operates through U.S.

Another recent and important Prudential Financial, Inc. (NYSE:PRU) news was published by Globenewswire.com which published an article titled: “Market Trends Toward New Normal in RPC, The New York Times, EOG Resources, Summit Materials, Prudential …” on October 12, 2018.

Prudential Financial, Inc. (NYSE:PRU) Institutional Positions Chart

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