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Deprince Race & Zollo Lowered By $3.01 Million Its Prudential Finl (PRU) Stake; New Jersey Resources (NJR)’s Sentiment Is 1.22

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Deprince Race & Zollo Inc decreased Prudential Finl Inc (PRU) stake by 8.31% reported in 2017Q4 SEC filing. Deprince Race & Zollo Inc sold 26,370 shares as Prudential Finl Inc (PRU)’s stock declined 11.71%. The Deprince Race & Zollo Inc holds 290,929 shares with $33.45 million value, down from 317,299 last quarter. Prudential Finl Inc now has $42.49B valuation. The stock increased 0.63% or $0.63 during the last trading session, reaching $101.17. About 1.89M shares traded. Prudential Financial, Inc. (NYSE:PRU) has declined 1.86% since May 17, 2017 and is downtrending. It has underperformed by 13.41% the S&P500.

New Jersey Resources Corp (NJR) investors sentiment decreased to 1.22 in Q4 2017. It’s down -0.06, from 1.28 in 2017Q3. The ratio is negative, as 106 hedge funds started new or increased stock positions, while 87 sold and decreased their positions in New Jersey Resources Corp. The hedge funds in our database now possess: 55.00 million shares, up from 54.44 million shares in 2017Q3. Also, the number of hedge funds holding New Jersey Resources Corp in top ten stock positions was flat from 0 to 0 for the same number . Sold All: 18 Reduced: 69 Increased: 68 New Position: 38.

The stock decreased 0.35% or $0.15 during the last trading session, reaching $43. About 375,949 shares traded. New Jersey Resources Corporation (NJR) has declined 0.63% since May 17, 2017 and is downtrending. It has underperformed by 12.18% the S&P500.

Clear Harbor Asset Management Llc holds 1.06% of its portfolio in New Jersey Resources Corporation for 140,481 shares. Mercer Capital Advisers Inc. owns 27,990 shares or 0.81% of their US portfolio. Moreover, Griffin Asset Management Inc. has 0.8% invested in the company for 112,500 shares. The Connecticut-based Energy Income Partners Llc has invested 0.66% in the stock. Hennessy Advisors Inc, a California-based fund reported 437,634 shares.

New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company has market cap of $3.77 billion. The firm operates through Natural Gas Distribution, Clean Energy Ventures, Energy Services, Midstream, and Home Services and Other divisions. It has a 16.92 P/E ratio. The Natural Gas Distribution segment offers regulated retail natural gas services to approximately 521,200 residential and commercial clients in central and northern New Jersey; provides storage management services; and participates in the off-system sales and capacity release markets.

Since January 1, 0001, it had 0 insider purchases, and 1 sale for $99,222 activity.

More recent New Jersey Resources Corporation (NYSE:NJR) news were published by: Benzinga.com which released: “Earnings Scheduled For May 4, 2018” on May 04, 2018. Also Globenewswire.com published the news titled: “Research Report Identifies Signature Bank, Concert Pharmaceuticals, Easterly Government Properties, Hilltop …” on April 23, 2018. Prnewswire.com‘s news article titled: “What’s Happening With These Utilities Stocks? — New Jersey Resources, American Water Works, Aqua America, and …” with publication date: May 02, 2018 was also an interesting one.

Analysts await New Jersey Resources Corporation (NYSE:NJR) to report earnings on August, 1. They expect $-0.03 EPS, down 115.00% or $0.23 from last year’s $0.2 per share. After $1.62 actual EPS reported by New Jersey Resources Corporation for the previous quarter, Wall Street now forecasts -101.85% negative EPS growth.

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. As per Tuesday, October 10, the company rating was upgraded by FBR Capital. Deutsche Bank maintained the shares of PRU in report on Friday, February 9 with “Hold” rating. On Tuesday, October 18 the stock rating was downgraded by FBR Capital to “Mkt Perform”. The rating was maintained by RBC Capital Markets on Thursday, November 2 with “Hold”. Wells Fargo maintained Prudential Financial, Inc. (NYSE:PRU) on Wednesday, August 2 with “Hold” rating. The stock of Prudential Financial, Inc. (NYSE:PRU) earned “Buy” rating by RBC Capital Markets on Monday, February 12. The stock has “Market Perform” rating by Wells Fargo on Friday, September 23. The stock has “Equal-Weight” rating by Morgan Stanley on Thursday, November 2. On Wednesday, June 29 the stock rating was downgraded by Bank of America to “Underperform”. The stock of Prudential Financial, Inc. (NYSE:PRU) has “Buy” rating given on Monday, September 7 by Deutsche Bank.

Deprince Race & Zollo Inc increased Hni Corp (NYSE:HNI) stake by 422,206 shares to 964,371 valued at $37.20 million in 2017Q4. It also upped Park Ohio Hldgs Corp (NASDAQ:PKOH) stake by 15,124 shares and now owns 187,699 shares. Synalloy Cp Del (NASDAQ:SYNL) was raised too.

Another recent and important Prudential Financial, Inc. (NYSE:PRU) news was published by Seekingalpha.com which published an article titled: “Prudential Financial (PRU) Q1 2018 Results – Earnings Call Transcript” on May 03, 2018.

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

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

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