Wells Fargo Keeps Match Group (MTCH) as Hold; Teachers Retirement System Of The State Of Kentucky Has Lowered Its Prudential Financial Group (PRU) Stake

May 3, 2018 - By Richard Conner

Prudential Financial, Inc. (NYSE:PRU) Logo

In a research note sent to investors on Tuesday morning, Match Group Inc (MTCH) stock had its Hold Rating reaffirmed by stock research analysts at Wells Fargo.

Teachers Retirement System Of The State Of Kentucky decreased Prudential Financial Group (PRU) stake by 7.09% reported in 2017Q4 SEC filing. Teachers Retirement System Of The State Of Kentucky sold 3,500 shares as Prudential Financial Group (PRU)’s stock declined 11.71%. The Teachers Retirement System Of The State Of Kentucky holds 45,900 shares with $5.28M value, down from 49,400 last quarter. Prudential Financial Group now has $42.71B valuation. The stock decreased 4.60% or $4.88 during the last trading session, reaching $101.23. About 3.23 million shares traded or 49.49% up from the average. Prudential Financial, Inc. (NYSE:PRU) has declined 1.86% since May 3, 2017 and is downtrending. It has underperformed by 13.41% the S&P500.

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

Teachers Retirement System Of The State Of Kentucky increased Coresite Realty Corp (NYSE:COR) stake by 52,897 shares to 70,552 valued at $8.04 million in 2017Q4. It also upped Callon Petroleum Co (NYSE:CPE) stake by 30,600 shares and now owns 43,100 shares. Agco Corp (NYSE:AGCO) was raised 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. $117.43’s average target is 16.00% above currents $101.23 stock price. Prudential Financial had 55 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Prudential Financial, Inc. (NYSE:PRU) has “Hold” rating given on Friday, May 5 by Wells Fargo. The rating was maintained by Bank of America on Monday, March 26 with “Buy”. The firm has “Sector Perform” rating by RBC Capital Markets given on Thursday, February 11. The company was upgraded on Monday, September 7 by Deutsche Bank. The firm earned “Overweight” rating on Thursday, February 11 by Barclays Capital. On Monday, February 12 the stock rating was upgraded by RBC Capital Markets to “Buy”. The firm earned “Buy” rating on Tuesday, October 10 by FBR Capital. The rating was maintained by Wells Fargo on Tuesday, June 6 with “Hold”. The firm has “Neutral” rating by Atlantic Securities given on Friday, February 10. On Wednesday, April 11 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”.

Investors sentiment increased to 1.18 in Q4 2017. 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. Intrust National Bank & Trust Na holds 0.59% of its portfolio in Prudential Financial, Inc. (NYSE:PRU) for 17,177 shares. Palladium Prtn Lc invested in 2,501 shares or 0.02% of the stock. Louisiana State Employees Retirement has invested 0.13% in Prudential Financial, Inc. (NYSE:PRU). Caisse De Depot Et Placement Du Quebec has invested 0.06% in Prudential Financial, Inc. (NYSE:PRU). Garde Inc has 0.05% invested in Prudential Financial, Inc. (NYSE:PRU). Private Ocean Ltd Company holds 0.01% of its portfolio in Prudential Financial, Inc. (NYSE:PRU) for 78 shares. Berkshire Asset Mngmt Limited Liability Pa invested in 3,333 shares or 0.04% of the stock. Richard Bernstein Advisors Limited Liability Company holds 0.36% of its portfolio in Prudential Financial, Inc. (NYSE:PRU) for 71,339 shares. Winfield Associates invested in 0.01% or 190 shares. Dreman Value L L C, a Florida-based fund reported 17,183 shares. One Natl Association owns 19,560 shares or 0.15% of their US portfolio. Asset Mngmt One Ltd reported 688,465 shares. Advisors Asset Mngmt has invested 0.05% in Prudential Financial, Inc. (NYSE:PRU). Andra Ap has 42,500 shares. Morgan Stanley holds 0.1% of its portfolio in Prudential Financial, Inc. (NYSE:PRU) for 3.11 million shares.

Among 19 analysts covering Match Group (MTCH), 11 have Buy rating, 0 Sell and 8 Hold. Therefore 58% are positive. Match Group has $4900 highest and $15 lowest target. $36.56’s average target is 5.73% above currents $34.58 stock price. Match Group had 47 analyst reports since September 30, 2016 according to SRatingsIntel. The stock has “Hold” rating by J.P. Morgan on Wednesday, February 21. Aegis Capital initiated Match Group, Inc. (NASDAQ:MTCH) on Friday, November 18 with “Buy” rating. Piper Jaffray maintained Match Group, Inc. (NASDAQ:MTCH) rating on Monday, February 5. Piper Jaffray has “Buy” rating and $40.0 target. BMO Capital Markets maintained it with “Buy” rating and $2100 target in Thursday, July 13 report. The rating was maintained by Wells Fargo on Thursday, August 10 with “Buy”. The firm earned “Hold” rating on Wednesday, March 21 by Guggenheim. Oppenheimer maintained the shares of MTCH in report on Tuesday, August 8 with “Buy” rating. The stock of Match Group, Inc. (NASDAQ:MTCH) earned “Buy” rating by Citigroup on Friday, February 9. The stock has “Buy” rating by Wells Fargo on Monday, January 8. The firm earned “Hold” rating on Wednesday, October 11 by Goldman Sachs.

The stock decreased 5.80% or $2.13 during the last trading session, reaching $34.58. About 14.48 million shares traded or 458.68% up from the average. Match Group, Inc. (MTCH) has risen 175.06% since May 3, 2017 and is uptrending. It has outperformed by 163.51% the S&P500.

Match Group, Inc. provides dating products. The company has market cap of $9.53 billion. The firm operates in two divisions, Dating and Non-dating. It has a 29.28 P/E ratio. It operates a portfolio of approximately 45 brands, including Match, Tinder, PlentyOfFish, Meetic, OkCupid, Pairs, Twoo, OurTime, BlackPeopleMeet, and LoveScout24.

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