Washington Trust Bank Has Increased Prudential Financial (PRU) Position By $365,484; Aquabounty Technologies (AQB) Shorts Up By 37.57%

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Washington Trust Bank increased Prudential Financial Inc (PRU) stake by 5.16% reported in 2017Q4 SEC filing. Washington Trust Bank acquired 3,206 shares as Prudential Financial Inc (PRU)’s stock declined 11.71%. The Washington Trust Bank holds 65,392 shares with $7.52M value, up from 62,186 last quarter. Prudential Financial Inc now has $42.47B valuation. The stock increased 3.14% or $3.06 during the last trading session, reaching $100.66. About 2.30M shares traded or 3.79% up from the average. Prudential Financial, Inc. (NYSE:PRU) has declined 1.86% since May 6, 2017 and is downtrending. It has underperformed by 13.41% the S&P500.

Aquabounty Technologies Inc (NASDAQ:AQB) had an increase of 37.57% in short interest. AQB’s SI was 299,900 shares in May as released by FINRA. Its up 37.57% from 218,000 shares previously. With 224,900 avg volume, 1 days are for Aquabounty Technologies Inc (NASDAQ:AQB)’s short sellers to cover AQB’s short positions. The SI to Aquabounty Technologies Inc’s float is 34.34%. The stock decreased 1.21% or $0.04 during the last trading session, reaching $3.26. About 41,635 shares traded. AquaBounty Technologies, Inc. (NASDAQ:AQB) has declined 73.06% since May 6, 2017 and is downtrending. It has underperformed by 84.61% the S&P500.

More recent Prudential Financial, Inc. (NYSE:PRU) news were published by: Seekingalpha.com which released: “Prudential Financial (PRU) Q1 2018 Results – Earnings Call Transcript” on May 03, 2018. Also Streetinsider.com published the news titled: “Prudential Financial (PRU) Tops Q1 EPS by 9c” on May 02, 2018. Benzinga.com‘s news article titled: “16 Stocks To Watch For May 2, 2018” with publication date: May 02, 2018 was also an interesting one.

Washington Trust Bank decreased Ishares (EPP) stake by 8,534 shares to 2,294 valued at $109,000 in 2017Q4. It also reduced Ishares (IVE) stake by 2,647 shares and now owns 5,324 shares. Ishares (IVW) was reduced too.

Among 16 analysts covering Prudential Financial (NYSE:PRU), 11 have Buy rating, 0 Sell and 5 Hold. Therefore 69% are positive. Prudential Financial has $140.0 highest and $78 lowest target. $116.57’s average target is 15.81% above currents $100.66 stock price. Prudential Financial had 56 analyst reports since August 6, 2015 according to SRatingsIntel. The company was maintained on Monday, September 11 by Keefe Bruyette & Woods. The stock of Prudential Financial, Inc. (NYSE:PRU) earned “Neutral” rating by Bank of America on Wednesday, January 20. The firm has “Equal-Weight” rating given on Thursday, October 5 by Morgan Stanley. The stock of Prudential Financial, Inc. (NYSE:PRU) earned “Hold” rating by Credit Suisse on Friday, April 28. The company was maintained on Monday, July 31 by RBC Capital Markets. FBR Capital downgraded the stock to “Mkt Perform” rating in Tuesday, October 18 report. The stock has “Hold” rating by Wells Fargo on Friday, May 5. The firm has “Outperform” rating given on Monday, May 16 by FBR Capital. The rating was upgraded by Bank of America to “Buy” on Friday, November 18. As per Thursday, April 5, the company rating was maintained by Morgan Stanley.

Since February 20, 2018, it had 0 insider purchases, and 1 sale for $4.43 million activity. Pelletier Stephen had sold 40,729 shares worth $4.43 million on Tuesday, February 20.

Investors sentiment increased to 1.18 in 2017 Q4. Its up 0.18, from 1 in 2017Q3. It improved, 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. Fred Alger Incorporated accumulated 0% or 305 shares. Moreover, Hbk Sorce Advisory Ltd Liability Corporation has 0.08% invested in Prudential Financial, Inc. (NYSE:PRU) for 6,113 shares. Arrowgrass Capital Prtn (Us) LP stated it has 16,504 shares or 0.02% of all its holdings. Marietta Inv Partners Limited Liability owns 0.48% invested in Prudential Financial, Inc. (NYSE:PRU) for 14,828 shares. Baystate Wealth Management Ltd has invested 0% in Prudential Financial, Inc. (NYSE:PRU). Security Bank & Trust Of So Dak invested in 0.56% or 4,497 shares. Ameriprise Financial Inc owns 3.68 million shares for 0.19% of their portfolio. Moreover, Copper Rock Capital Prns Lc has 0.69% invested in Prudential Financial, Inc. (NYSE:PRU). California Pub Employees Retirement Sys reported 1.17 million shares. Pnc Gp has 0% invested in Prudential Financial, Inc. (NYSE:PRU). Atlantic Tru Grp Incorporated Limited Liability Co invested 0.6% of its portfolio in Prudential Financial, Inc. (NYSE:PRU). Thomas White Intl accumulated 9,956 shares. Ontario Teachers Pension Plan Board invested in 0.13% or 89,038 shares. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 409,917 shares. Wells Fargo And Communication Mn reported 1.77 million shares stake.

Another recent and important AquaBounty Technologies, Inc. (NASDAQ:AQB) news was published by Streetinsider.com which published an article titled: “AquaBounty Technologies (AQB) Announces FDA Approval of First US Facility for Commercial Production of …” on April 27, 2018.

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