Washington Trust Bank Has Upped By $365,484 Its Prudential Financial (PRU) Position; 16 Bullish Analysts Covering Whiting Petroleum (WLL)

Prudential Financial, Inc. (NYSE:PRU) Logo

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 $42.23 billion valuation. The stock increased 0.67% or $0.67 during the last trading session, reaching $100.54. About 2.99M shares traded or 44.45% up from the average. Prudential Financial, Inc. (NYSE:PRU) has declined 1.86% since May 16, 2017 and is downtrending. It has underperformed by 13.41% the S&P500.

Among 43 analysts covering Whiting Petroleum Corporation (NYSE:WLL), 16 have Buy rating, 2 Sell and 25 Hold. Therefore 37% are positive. Whiting Petroleum Corporation has $6800 highest and $3.5 lowest target. $32.34’s average target is -34.00% below currents $49 stock price. Whiting Petroleum Corporation had 167 analyst reports since July 21, 2015 according to SRatingsIntel. The company was upgraded on Monday, August 10 by Credit Agricole. JP Morgan initiated the stock with “Overweight” rating in Wednesday, December 9 report. UBS maintained it with “Buy” rating and $37 target in Thursday, July 30 report. The company was maintained on Friday, April 21 by Barclays Capital. The firm earned “Buy” rating on Thursday, April 7 by Citigroup. Vetr downgraded Whiting Petroleum Corporation (NYSE:WLL) on Friday, August 28 to “Strong-Buy” rating. The company was maintained on Monday, May 15 by Iberia Capital Partners. The firm has “Buy” rating given on Thursday, October 19 by KeyBanc Capital Markets. Iberia Capital Partners reinitiated the stock with “Sector Perform” rating in Wednesday, September 2 report. Cowen & Co maintained Whiting Petroleum Corporation (NYSE:WLL) rating on Friday, September 15. Cowen & Co has “Buy” rating and $8.0 target. See Whiting Petroleum Corporation (NYSE:WLL) latest ratings:

07/05/2018 Broker: Robert W. Baird Old Rating: Outperform New Rating: Outperform Old Target: $44 New Target: $50 Maintain
01/05/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $42 New Target: $43 Maintain
01/05/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral Old Target: $40 New Target: $45 Maintain
01/05/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $43 New Target: $45 Maintain
25/04/2018 Broker: Jefferies Rating: Hold New Target: $37.0000 Maintain
24/04/2018 Broker: Stephens Rating: Buy New Target: $68.0000 Maintain
23/04/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $49.0000 Maintain
22/04/2018 Broker: SunTrust Rating: Buy New Target: $60.0000 Maintain
23/04/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $35 New Target: $45 Maintain
20/04/2018 Broker: Robert W. Baird Rating: Buy New Target: $44.0000 Maintain

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

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. Ledyard Bancorporation owns 2,467 shares for 0.03% of their portfolio. Advsrs Ltd Liability owns 2,183 shares. Mutual Of America Capital Mngmt Ltd holds 0.1% or 54,277 shares. Koshinski Asset Mngmt Inc reported 0.11% stake. Olstein Management LP holds 0.85% or 58,000 shares. Foundry Limited Liability Corporation accumulated 0.7% or 147,310 shares. 172,520 were reported by Franklin Resources Incorporated. Moreover, Aviva Public Limited Liability has 0.3% invested in Prudential Financial, Inc. (NYSE:PRU). Raymond James Na reported 12,388 shares. Mu Invs Limited reported 300 shares stake. Blb&B Lc, a Pennsylvania-based fund reported 2,177 shares. Proshare Advsr Ltd Liability Company holds 127,365 shares. Ent Financial holds 611 shares or 0.03% of its portfolio. Captrust Finance Advisors has 11,476 shares. Architects Inc accumulated 1,606 shares or 0.03% of the stock.

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 15.94% above currents $100.54 stock price. Prudential Financial had 56 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Prudential Financial, Inc. (NYSE:PRU) earned “Buy” rating by Keefe Bruyette & Woods on Thursday, December 21. The rating was maintained by Credit Suisse with “Hold” on Friday, April 28. Bank of America downgraded Prudential Financial, Inc. (NYSE:PRU) on Wednesday, January 20 to “Neutral” rating. The rating was upgraded by Bank of America to “Buy” on Friday, November 18. The rating was maintained by RBC Capital Markets with “Hold” on Thursday, November 2. Bank of America downgraded the shares of PRU in report on Wednesday, June 29 to “Underperform” rating. The firm earned “Buy” rating on Monday, March 26 by Bank of America. As per Friday, September 23, the company rating was upgraded by Goldman Sachs. The stock has “Buy” rating by FBR Capital on Tuesday, October 10. Zacks upgraded the stock to “Buy” rating in Monday, September 7 report.

Washington Trust Bank decreased Ishares (IVW) stake by 2,085 shares to 2,732 valued at $417,000 in 2017Q4. It also reduced Altria Group Inc (NYSE:MO) stake by 15,385 shares and now owns 95,106 shares. Blackrock Fund Advisors (PFF) was reduced too.

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 Prnewswire.com published the news titled: “Recurrent Energy Secures Financing and Tax Equity Investment for North Carolina Project from Prudential Capital …” on May 15, 2018. Globenewswire.com‘s news article titled: “Analysis: Positioning to Benefit within InnerWorkings, Planet Fitness, Huntington Bancshares, Univar, Expedia, and …” with publication date: May 11, 2018 was also an interesting one.

Whiting Petroleum Corporation, an independent gas and oil company, engages in the development, production, acquisition, and exploration of crude oil, natural gas liquids, and natural gas primarily in the Rocky Mountains region of the United States. The company has market cap of $4.46 billion. It sells gas and oil to end users, marketers, and other purchasers. It currently has negative earnings. As of December 31, 2016, the firm had total estimated proved reserves of 615.5 million barrels of oil equivalent; and interests in 1,917 net productive wells on approximately 517,200 net developed acres.

Another recent and important Whiting Petroleum Corporation (NYSE:WLL) news was published by Seekingalpha.com which published an article titled: “Whiting Petroleum’s Ascent Is Just Beginning” on May 07, 2018.

Since March 1, 2018, it had 0 insider buys, and 1 sale for $29,412 activity. The insider SEERY DAVID M sold $29,412.

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