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Principal Financial Group Inc (NYSE:PFG) Insider Sells 12398 Shares of Stock

The firm earned "Buy" rating on Monday, October 9 by RBC Capital Markets. The stock now has an average rating of "Hold" and a consensus price target of $67.40.

07/06/2016 - Evercore ISI began new coverage on Principal Financial Group Inc giving the company a "buy" rating. The stock was sold at an average price of $68.00, for a total value of $2,590,596.00. The Kempen Capital Management holds 41,748 shares with $2.68 million value, down from 239,950 last quarter. The Company offers a range of financial products and services, including retirement, asset management and insurance. About 1.27M shares traded or 43.20% up from the average. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Principal Financial Group, Inc. now has a P/CF ratio of 5.525572. It has outperformed by 26.90% the S&P500.

Principal Financial Group, Inc is an investment management company. It also upped Omega Healthcare Invs Inc Com (NYSE:OHI) stake by 12,376 shares and now owns 77,020 shares. Phillips 66 (NYSE:PSX) was reduced too. Principal Financial Group had a net margin of 12.35% and a return on equity of 13.97%. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal. On average, analysts predict that Principal Financial Group Inc will post $5.21 EPS for the current fiscal year. RBC Capital Markets has "Buy" rating and $7300 target. On Tuesday, February 2 the stock rating was maintained by RBC Capital Markets with "Outperform".

PFG has been the topic of a number of other research reports. The firm has "Hold" rating by Standpoint Research given on Thursday, August 18. The firm has "Outperform" rating given on Thursday, October 19 by Wells Fargo. The rating was initiated by Citigroup with "Neutral" on Thursday, January 26.

Principal Financial Group Inc (NYSE:PFG) insider Nora Mary Everett sold 12,398 shares of Principal Financial Group stock in a transaction that occurred on Wednesday, October 18th.

Here we will take a look into some valuation metrics for Principal Financial Group, Inc. On Friday, February 26 the stock rating was downgraded by Atlantic Securities to "Neutral".

Investors sentiment decreased to 1.06 in 2017 Q2. It worsened, as 30 investors sold PFG shares while 173 reduced holdings. 72 funds opened positions while 144 raised stakes. Harris L P accumulated 2.82 million shares. 148,715 are owned by British Columbia Investment Mngmt. Principal Financial Group, Inc. Principal Financial Group's dividend payout ratio (DPR) is presently 30.82%. Ronald Blue Co Limited Liability Co accumulated 3,447 shares. Carret Asset Management holds 0.11% or 10,500 shares. Sumitomo Mitsui Hldg Inc reported 0.08% of its portfolio in Principal Financial Group Inc (NYSE:PFG). 6,275 are owned by Arcadia Management Mi. Sterling Cap Ltd holds 0.03% of its portfolio in Principal Financial Group Inc (NYSE:PFG) for 42,959 shares. Glenmede Trust Na has invested 0.24% in Principal Financial Group Inc (NYSE:PFG). Dubuque Commercial Bank And Tru Com holds 47 shares. The Value Composite Two of Principal Financial Group, Inc. Artemis Mgmt Llp reported 0.35% stake. Natixis has 0.01% invested in Principal Financial Group Inc (NYSE:PFG) for 15,218 shares.

Since May 8, 2017, it had 0 buys, and 6 sales for $9.62 million activity.

More notable recent Principal Financial Group Inc (NYSE:PFG) news were published by: Nasdaq.com which released: "Principal Financial Group To Buy MetLife Afore In Mexico - Quick Facts" on October 26, 2017, also Nasdaq.com with their article: "Principal Financial Group Inc (PFG) Chairman, President & CEO Daniel Joseph ..." published on October 21, 2017, Nasdaq.com published: "Principal Financial (PFG) Q3 Earnings Miss, Dividend Up" on October 27, 2017. On Monday, June 12 the insider SHAFF KAREN E sold $2.48M.

About 772,681 shares traded. The correct version of this piece can be viewed at https://weekherald.com/2017/10/30/wells-fargo-company-analysts-give-principal-financial-group-inc-pfg-a-76-00-price-target.html. Its down 0.38, from 1.48 in 2017Q1.

Brokerage houses, on average, are recommending investors to hold Hostess Brands, Inc. 21 funds opened positions while 46 raised stakes. With this ratio, investors can better estimate how well a company will be able to pay their long and short term financial obligations. (NYSE:SRI). First Interstate Bancshares has invested 0.03% in Stoneridge, Inc. (NYSE:SRI). Gabelli Funds Lc holds 0.02% or 200,000 shares. Barclays Public Ltd has 0% invested in Stoneridge, Inc. (NYSE:SRI) for 1,876 shares. 83,000 were accumulated by Brown Advisory. American National Insurance Co Tx holds 0.72% or 205,480 shares in its portfolio. (NYSE:SRI). New York-based Ny State Teachers Retirement Systems has invested 0% in Stoneridge, Inc. (NYSE:SRI). Wfg Advsrs Ltd Partnership stated it has 1,460 shares or 0% of all its holdings.

The best measure of a company is its profitability, for without it, it can not grow, and if it doesn't grow, then its stock will trend downward. It is down 43.60% since October 30, 2016 and is uptrending. It has underperformed by 8.10% the S&P500.

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