LSV Asset Management reduced its stake in Prudential Financial, Inc. (NYSE:PRU) by 5.2% in the third quarter, selling 15,897 shares and retaining 292,000 shares valued at $30.29 million. Other institutional investors also adjusted their holdings, while several Wall Street analysts have issued “Hold” ratings on PRU, with a consensus price target of $117.11. The company recently increased its quarterly dividend to $1.40 per share and reported Q4 earnings that missed analyst estimates.
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LSV Asset Management Sells 15,897 Shares of Prudential Financial, Inc. $PRU
LSV Asset Management reduced its stake in Prudential Financial, Inc. (NYSE:PRU) by 5.2% in the third quarter, selling 15,897 shares and retaining 292,000 shares valued at $30.29 million. Other institutional investors also adjusted their holdings, while several Wall Street analysts have issued “Hold” ratings on PRU, with a consensus price target of $117.11. The company recently increased its quarterly dividend to $1.40 per share and reported Q4 earnings that missed analyst estimates.