PRU Prudential Financial
Prudential plc is an Asia-led portfolio of businesses focused on structural growth markets. The business helps people get the most out of life through life and health insurance, and retirement and asset management solutions. Prudential plc has 20 million customers and is listed on stock exchanges in London, Hong Kong, Singapore and New York. Prudential plc is not affiliated in any manner with Prudential Financial, Inc. a company whose principal place of business is in the United States of America, nor with The Prudential Assurance Company Limited, a subsidiary of M&G plc, a company incorporated in the United Kingdom.
Company profile
Ticker
PRU, PFH
Exchange
Website
CEO
Charles Lowrey
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
223703799
PRU stock data
()
Press releases
Climate change investment approach has North American investors trailing the world: PGIM survey
16 Apr 21
PGIM Investments expands active fixed income ETF lineup with launch of core bond fund
15 Apr 21
Prudential Financial, Inc. to Announce First Quarter 2021 Earnings; Schedules Conference Call
7 Apr 21
PGIM High Yield Bond Fund, Inc. Reports Unaudited Earnings and Financial Position for Quarter Ended February 28, 2021
1 Apr 21
Prudential Financial releases first Environmental, Social and Governance (ESG) Summary Report
26 Mar 21
Investment data
| Top 50 of 2441 long holdings End of quarter 31 Dec 20 |
Value |
#Shares |
|---|---|---|
| $2.95B | 22.23M | |
| $2.58B | 11.59M | |
| $2.11B | 649K | |
| $1.09B | 3.97M | |
| $800.27M | 456.61K | |
| $760.95M | 434.36K | |
| $719.74M | 5.21M | |
| $633.53M | 4.55M | |
| $543.8M | 3.46M | |
| $515.98M | 2.23M | |
| $507.92M | 1.45M | |
| $487.38M | 1.83M | |
| $475.87M | 8.1M | |
| $457.78M | 3.6M | |
| $442.89M | 885.57K | |
| $429.4M | 608.5K | |
| $408.92M | 2.84M | |
| $403.92M | 4.94M | |
| $403.36M | 3.68M | |
| $401.43M | 8.97M | |
| $391.93M | 13.63M | |
| $384.7M | 825.93K | |
| $381.44M | 7.66M | |
| $375.12M | 718.34K | |
| $365.36M | 1.4M | |
| $352.61M | 9.58M | |
| $350.25M | 5.68M | |
| $341.74M | 1.56M | |
| $341.31M | 3.19M | |
| $327.54M | 3.86M | |
| $325.24M | 5.24M | |
| $324.47M | 1.98M | |
| $313.74M | 1.41M | |
| $312.98M | 4.84M | |
| $309.51M | 10.26M | |
| $290.82M | 777.83K | |
| $286.02M | 1.33M | |
| $278.89M | 5.32M | |
| $268.02M | 1.48M | |
| $266.97M | 3.09M | |
| $255.57M | 1.1M | |
| $253.18M | 2.01M | |
| $252.1M | 955.97K | |
| $248.73M | 662.59K | |
| $243.5M | 682.18K | |
| $239.87M | 1.15M | |
| $239.75M | 1.49M | |
| $236.65M | 3.31M | |
| $236.58M | 2.55M | |
| $235.43M | 1.33M |
Holdings list only includes long positions.
Only includes long positions.
Calendar
19 Feb 21
18 Apr 21
31 Dec 21
Financial summary
Quarter (USD) |
Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
Annual (USD) |
Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
Financial data from company earnings reports.
| Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 13.86B | 13.86B | 13.86B | 13.86B | 13.86B | 13.86B |
| Cash burn (monthly) | 2.32B | 218.25M | (positive/no burn) | 18.92M | 1.5B | (positive/no burn) |
| Cash used (since last report) | 8.38B | 789.82M | n/a | 68.46M | 5.44B | n/a |
| Cash remaining | 5.47B | 13.07B | n/a | 13.79B | 8.41B | n/a |
| Runway (months of cash) | 2.4 | 59.9 | n/a | 728.8 | 5.6 | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Apr 21 | Jones Wendy Elizabeth | Notional Shares - Optional Common Stock | Grant | Aquire A | No | No | 91.1 | 205 | 18.68K | 205 |
| 1 Apr 21 | Baltimore Thomas J Jr | Notional Shares - Optional Common Stock | Grant | Aquire A | No | No | 91.1 | 419 | 38.17K | 50,798 |
| 22 Mar 21 | Kenneth Tanji | Common Stock | Sell | Dispose S | No | Yes | 91.39 | 371 | 33.91K | 24,634 |
| 22 Mar 21 | Kenneth Tanji | Common Stock | Sell | Dispose S | No | Yes | 90.93 | 28,914 | 2.63M | 25,005 |
| 22 Mar 21 | Kenneth Tanji | Common Stock | Option exercise | Aquire M | No | No | 57 | 17,442 | 994.19K | 53,919 |
| 22 Mar 21 | Kenneth Tanji | Common Stock | Option exercise | Aquire M | No | No | 59.41 | 11,843 | 703.59K | 36,477 |
| 22 Mar 21 | Kenneth Tanji | 2013 Employee Stock Option Common Stock | Option exercise | Dispose M | No | No | 57 | 17,442 | 994.19K | 0 |
| 22 Mar 21 | Kenneth Tanji | 2012 Employee Stock Option Common Stock | Option exercise | Dispose M | No | No | 59.41 | 11,843 | 703.59K | 0 |
| 11 Mar 21 | Baltimore Thomas J Jr | RSU Common Stock | Grant | Aquire A | No | No | 92.41 | 36 | 3.33K | 2,933 |
| 11 Mar 21 | Baltimore Thomas J Jr | Notional Shares - Optional Common Stock | Grant | Aquire A | No | No | 92.41 | 619 | 57.2K | 50,378 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
55.3% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 973 |
| Opened positions | 161 |
| Closed positions | 78 |
| Increased positions | 333 |
| Reduced positions | 348 |
13F shares |
Current |
|---|---|
| Total value | 17.06B |
| Total shares | 218.55M |
| Total puts | 4.51M |
| Total calls | 4.54M |
| Total put/call ratio | 1.0 |
Largest owners |
Shares | Value |
|---|---|---|
| BLK Blackrock | 32.99M | $2.58B |
| Vanguard | 31.67M | $2.47B |
| STT State Street | 18.1M | $1.41B |
| Geode Capital Management | 6.75M | $525.56M |
| Charles Schwab Investment Management | 5.26M | $411M |
| NTRS Northern Trust | 4.65M | $363.31M |
| Nuveen Asset Management | 4.14M | $323.28M |
| MS Morgan Stanley | 4.14M | $323.15M |
| Norges Bank | 3.9M | $304.24M |
| Arrowstreet Capital, Limited Partnership | 3.17M | $247.38M |
Financial report summary
?Management Discussion
- 2020 to 2019 Annual Comparison. The $4,560 million decrease in “Net income (loss) attributable to Prudential Financial, Inc.” reflected the following notable items:
- •$2,801 million unfavorable variance, on a pre-tax basis, from realized investment gains and losses for Prudential Financial, Inc. excluding Divested and Run-off Businesses, and excluding the impact of the hedging program associated with certain variable annuities discussed below (see “General Account Investments” for additional information);
- •$351 million unfavorable variance, on a pre-tax basis, reflecting the impact from changes in the value of our embedded derivatives and related hedge positions, net of DAC and other costs, associated with certain variable annuities (see “Results of Operations by Segment—U.S. Businesses—U.S. Individual Solutions Division—Individual Annuities—Risks and Risk Mitigants” for additional information); and
Content analysis
?
| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. freshman Avg
|
|
New words:
absorption, abuse, airline, alleviate, alongside, Ann, attend, attendant, augmented, augmenting, automotive, Banc, basket, BenefitSM, breakage, breakout, CAA, CECL, Clerk, counter, countrywide, Cultivating, cultural, culture, Cutler, Daniel, Davidson, disciplinary, discover, dissolved, distancing, DOLI, Donel, Dorr, doubling, downside, Doyle, easier, efficacy, encrypting, entertainment, EQ, ESG, ESR, ethical, Europrisa, everyday, expediting, extra, Fenner, FlexGuardSM, Flu, forbearance, foster, gaming, gave, grace, grossed, Hale, hardship, healthy, HTM, Hub, IB, IBOR, imperative, inheritance, insight, intelligence, irreconcilable, Jenner, judgement, Kappler, KB, Lalor, learning, leisure, lifecycle, Lynch, main, meaningfully, MEC, Medicaid, Merrill, midstream, momentum, moral, MRB, mutation, NOL, nominal, omnichannel, outbreak, outset, parenthetically, PBR, Pekin, Pickering, Pierce, PIIH, pivot, Plaut, POK, POT, presidential, professional, Protocol, racial, racism, ransomware, redeploying, reinforce, rejecting, repurposed, resume, rollout, rollover, scanning, sharply, simpler, skewed, solution, solve, Spanish, spot, stage, startup, Stone, strain, Subpart, Taishin, Taiwanese, TDR, timeline, tool, transformation, transmissibility, travel, Truth, unconditionally, unemployment, unfold, uninsured, unnecessary, unstable, vaccine, valuable, verified, virulence, vision, vulnerable, Wilmer, wiring
Removed:
ACCOUNTANT, accreted, Administradora, AFP, ancillary, Appellate, appointing, Asian, attempting, bill, BlackRock, BONYM, bracket, Cadwalader, callable, capitalizing, CAPM, certified, certify, compelling, concentrate, constructing, coordinate, deepen, deepening, defective, define, demurrer, derecognize, deriving, deteriorated, disgorgement, divergent, dually, effected, factor, FI, fluctuating, forma, formed, FSS, Grier, Habitat, holder, Huffman, IASB, immateriality, Indenture, lifted, loanable, marked, mathematical, maturation, median, MINE, negligence, newer, Nonrefundable, notably, obsolescence, outperform, Pennsylvania, permission, persuading, portray, prevail, pro, proportional, PSA, purported, ratably, reapproval, reconsideration, redeemed, reforming, rental, reproducing, ruling, satisfactory, selectively, seller, servicer, simplify, sought, standardization, static, stayed, steady, stewardship, stipulated, streamline, surcharge, surtax, sustainable, sustaining, Taft, top, tort, tracked, tranche, transactional, trustee, unallocated, undertaken, upholding, weather, Wickersham
Financial reports
10-K
2020 FY
Annual report
19 Feb 21
10-Q
2020 Q3
Quarterly report
5 Nov 20
10-Q
2020 Q2
Quarterly report
6 Aug 20
10-Q
2020 Q1
Quarterly report
8 May 20
10-K
2019 FY
Annual report
13 Feb 20
10-Q
2019 Q3
Quarterly report
5 Nov 19
10-Q
2019 Q2
Quarterly report
2 Aug 19
10-Q
2019 Q1
Quarterly report
3 May 19
10-K
2018 FY
Annual report
14 Feb 19
10-Q
2018 Q3
Quarterly report
8 Nov 18
Current reports
8-K
Regulation FD Disclosure
16 Apr 21
8-K
Departure of Directors or Certain Officers
10 Feb 21
8-K
Prudential Financial, Inc. Announces
4 Feb 21
8-K
Regulation FD Disclosure
19 Jan 21
8-K
Prudential Financial elects Wendy Jones to Board of Directors
15 Dec 20
8-K
Prudential Financial, Inc. Announces Third Quarter 2020 Results
3 Nov 20
8-K
Regulation FD Disclosure
16 Oct 20
8-K
Amendments to Articles of Incorporation or Bylaws
10 Sep 20
8-K
Other Events
31 Aug 20
8-K
Other Events
21 Aug 20
Registration and prospectus
424B2
Prospectus for primary offering
1 Mar 21
S-3ASR
Automatic shelf registration
1 Mar 21
25-NSE
Exchange delisting
23 Sep 20
25-NSE
Exchange delisting
23 Sep 20
S-8
Registration of securities for employees
11 Sep 20
8-A12B
Registration of securities on exchange
24 Aug 20
424B2
Prospectus for primary offering
19 Aug 20
424B2
Prospectus for primary offering
19 Aug 20
FWP
Free writing prospectus
18 Aug 20
FWP
Free writing prospectus
18 Aug 20
Proxies
DEF 14A
Definitive proxy
25 Mar 21
PX14A6G
Letter to shareholders
11 May 20
DEFA14A
Additional proxy soliciting materials
30 Mar 20
DEF 14A
Definitive proxy
26 Mar 20
DEF 14A
Definitive proxy
28 Mar 19
DEF 14A
Definitive proxy
21 Mar 18
DEF 14A
Definitive proxy
20 Mar 17
DEFA14A
Additional proxy soliciting materials
20 Mar 17
DEF 14A
Definitive proxy
21 Mar 16
DEFA14A
Additional proxy soliciting materials
21 Mar 16
Other
EFFECT
Notice of effectiveness
4 Apr 18
CORRESP
Correspondence with SEC
2 Apr 18
CORRESP
Correspondence with SEC
2 Apr 18
NO ACT
No action letter
27 Dec 15
UPLOAD
Letter from SEC
13 May 15
CORRESP
Correspondence with SEC
20 Apr 15
UPLOAD
Letter from SEC
6 Apr 15
UPLOAD
Letter from SEC
23 Jun 13
CORRESP
Correspondence with SEC
6 Jun 13
CORRESP
Correspondence with SEC
30 May 13
Ownership
4
PRUDENTIAL FINANCIAL / Thomas J Baltimore Jr ownership change
2 Apr 21
4
PRUDENTIAL FINANCIAL / Wendy Elizabeth Jones ownership change
2 Apr 21
4
PRUDENTIAL FINANCIAL / KENNETH TANJI ownership change
24 Mar 21
4
PRUDENTIAL FINANCIAL / ANDREW F SULLIVAN ownership change
15 Mar 21
4
PRUDENTIAL FINANCIAL / Robert Axel ownership change
15 Mar 21
4
PRUDENTIAL FINANCIAL / Scott Sleyster ownership change
15 Mar 21
4
PRUDENTIAL FINANCIAL / George Paz ownership change
15 Mar 21
4
PRUDENTIAL FINANCIAL / Peter R Lighte ownership change
15 Mar 21
4
PRUDENTIAL FINANCIAL / MICHAEL TODMAN ownership change
15 Mar 21
4
PRUDENTIAL FINANCIAL / DOUGLAS A SCOVANNER ownership change
15 Mar 21
Transcripts
2020 Q3
Earnings call transcript
4 Nov 20
2020 Q2
Earnings call transcript
5 Aug 20
2020 Q1
Earnings call transcript
6 May 20
2019 Q4
Earnings call transcript
5 Feb 20
2019 Q3
Earnings call transcript
5 Nov 19
2019 Q2
Earnings call transcript
1 Aug 19
2019 Q1
Earnings call transcript
2 May 19
2018 Q4
Earnings call transcript
7 Feb 19
2018 Q3
Earnings call transcript
8 Nov 18
2018 Q2
Earnings call transcript
2 Aug 18
Reddit threads
What company next? ($100+ div/mo in portfolio achieved)
17 Apr 21
Weekend Discussion Thread for the Weekend of April 16, 2021
16 Apr 21
Finally Dipping a Toe
16 Apr 21
About to buy 300 shares of $EPD, anyone else invested?
14 Apr 21
I need to trim a stock from my dividend portfolio
14 Apr 21
Is there any love for Starbucks?
13 Apr 21
Old Newbie
12 Apr 21
Daily Advice Thread - All basic help or advice questions must be posted here.
12 Apr 21
Favorite forever dividend stocks?
11 Apr 21
What to Do with Sudden Cash Portfolio Now
10 Apr 21