Gabalex Capital Management Lifted Holding in Prudential Finl (PRU) by $2.28 Million; Lpl Financial Holds Position in Boston Scientific (BSX)

May 18, 2018 - By wolcottdaily

Prudential Financial, Inc. (NYSE:PRU) Logo

Gabalex Capital Management Llc increased its stake in Prudential Finl Inc (PRU) by 11.11% based on its latest 2017Q4 regulatory filing with the SEC. Gabalex Capital Management Llc bought 20,000 shares as the company’s stock declined 11.71% with the market. The hedge fund held 200,000 shares of the finance company at the end of 2017Q4, valued at $23.00 million, up from 180,000 at the end of the previous reported quarter. Gabalex Capital Management Llc who had been investing in Prudential Finl Inc for a number of months, seems to be bullish on the $43.04B market cap company. The stock decreased 0.14% or $0.14 during the last trading session, reaching $102.47. About 1.76M shares traded. Prudential Financial, Inc. (NYSE:PRU) has declined 1.86% since May 18, 2017 and is downtrending. It has underperformed by 13.41% the S&P500.




Lpl Financial Llc increased its stake in Boston Scientific Corp (BSX) by 20.3% based on its latest 2017Q4 regulatory filing with the SEC. Lpl Financial Llc bought 22,216 shares as the company’s stock rose 7.69% while stock markets declined. The institutional investor held 131,649 shares of the medical and dental instruments company at the end of 2017Q4, valued at $3.26M, up from 109,433 at the end of the previous reported quarter. Lpl Financial Llc who had been investing in Boston Scientific Corp for a number of months, seems to be bullish on the $42.08B market cap company. The stock increased 0.59% or $0.18 during the last trading session, reaching $30.5. About 2.91M shares traded. Boston Scientific Corporation (NYSE:BSX) has risen 9.97% since May 18, 2017 and is uptrending. It has underperformed by 1.58% the S&P500.

Investors sentiment increased to 1.18 in 2017 Q4. Its up 0.18, from 1 in 2017Q3. It increased, as 37 investors sold PRU shares while 264 reduced holdings. 89 funds opened positions while 265 raised stakes. 267.81 million shares or 0.71% more from 265.93 million shares in 2017Q3 were reported. Bessemer Grp Inc owns 4,468 shares. Brick And Kyle holds 30,064 shares or 2.81% of its portfolio. Univest Of Pennsylvania reported 4,223 shares. Japan-based Asset Mngmt One has invested 0.17% in Prudential Financial, Inc. (NYSE:PRU). Fiduciary Trust reported 0.18% in Prudential Financial, Inc. (NYSE:PRU). First Quadrant Limited Partnership Ca reported 6,913 shares stake. Pinnacle Fincl Inc has invested 0.26% in Prudential Financial, Inc. (NYSE:PRU). State Of Alaska Department Of Revenue stated it has 42,169 shares or 0.12% of all its holdings. Evergreen Capital Ltd Liability Co owns 0.03% invested in Prudential Financial, Inc. (NYSE:PRU) for 2,337 shares. Roosevelt Invest Group owns 111,987 shares for 1.18% of their portfolio. Focused Wealth owns 2,344 shares. Stone Ridge Asset Mngmt Limited, New York-based fund reported 7,767 shares. Cadence Capital Mngmt Lc holds 0.52% of its portfolio in Prudential Financial, Inc. (NYSE:PRU) for 70,832 shares. Ameritas Prtn reported 21,593 shares. Cohen Steers Incorporated invested in 0.02% or 71,379 shares.

Among 16 analysts covering Prudential Financial (NYSE:PRU), 11 have Buy rating, 0 Sell and 5 Hold. Therefore 69% are positive. Prudential Financial had 56 analyst reports since August 6, 2015 according to SRatingsIntel. The company was upgraded on Friday, September 23 by Goldman Sachs. The company was maintained on Monday, March 26 by Bank of America. The stock of Prudential Financial, Inc. (NYSE:PRU) has “Hold” rating given on Tuesday, June 6 by Wells Fargo. The company was maintained on Thursday, November 2 by RBC Capital Markets. The firm earned “Buy” rating on Thursday, December 21 by Keefe Bruyette & Woods. The firm has “Neutral” rating by Citigroup given on Thursday, January 26. The firm earned “Mkt Perform” rating on Monday, November 28 by FBR Capital. The firm earned “Buy” rating on Monday, September 7 by Deutsche Bank. RBC Capital Markets maintained the stock with “Hold” rating in Friday, October 6 report. The stock has “Buy” rating by Citigroup on Tuesday, October 17.

Since February 20, 2018, it had 0 insider buys, and 1 insider sale for $4.43 million activity.

Lpl Financial Llc, which manages about $32.86 billion US Long portfolio, decreased its stake in Ishares Tr (IHI) by 4,496 shares to 108,497 shares, valued at $18.83M in 2017Q4, according to the filing. It also reduced its holding in Hollyfrontier Corp (NYSE:HFC) by 13,039 shares in the quarter, leaving it with 22,806 shares, and cut its stake in Schein Henry Inc (NASDAQ:HSIC).

More news for Boston Scientific Corporation (NYSE:BSX) were recently published by: Streetinsider.com, which released: “JANA Shows New Stakes in Apple (AAPL), Boston Scientific (BSX), Dropbox (DBX), iQIYI (IQ) (more..) -13F” on May 15, 2018. Forbes.com‘s article titled: “A Quick Snapshot Of Boston Scientific’s Rhythm Management & Neuro Segment” and published on May 16, 2018 is yet another important article.

Among 32 analysts covering Boston Scientific Corporation (NYSE:BSX), 26 have Buy rating, 0 Sell and 6 Hold. Therefore 81% are positive. Boston Scientific Corporation had 99 analyst reports since July 27, 2015 according to SRatingsIntel. Cowen & Co maintained Boston Scientific Corporation (NYSE:BSX) on Thursday, July 27 with “Buy” rating. Goldman Sachs upgraded Boston Scientific Corporation (NYSE:BSX) rating on Thursday, August 27. Goldman Sachs has “Neutral” rating and $20 target. Cowen & Co maintained the stock with “Buy” rating in Wednesday, November 29 report. The stock of Boston Scientific Corporation (NYSE:BSX) earned “Buy” rating by Canaccord Genuity on Wednesday, January 17. The stock has “Buy” rating by RBC Capital Markets on Tuesday, May 30. The stock of Boston Scientific Corporation (NYSE:BSX) earned “Buy” rating by Needham on Friday, November 3. The stock of Boston Scientific Corporation (NYSE:BSX) has “Neutral” rating given on Thursday, April 28 by Wedbush. Needham maintained Boston Scientific Corporation (NYSE:BSX) rating on Thursday, August 31. Needham has “Buy” rating and $32.0 target. Jefferies maintained the stock with “Hold” rating in Friday, July 29 report. Oppenheimer maintained Boston Scientific Corporation (NYSE:BSX) rating on Monday, May 1. Oppenheimer has “Hold” rating and $27 target.

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

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