Economy

Wells Fargo Decides to Downgrade Principal Financial Group (NYSE:PFG) Stock

Wells Fargo Decides to Downgrade Principal Financial Group (NYSE:PFG) Stock

With 100 avg volume, 3631 days are for MAPLETREE INDUSTRIAL (OTCMKTS:MAPIF)'s short sellers to cover MAPIF's short positions. The SI to Innodata Incorporated's float is 0.1%. About 1.48M shares traded or 40.55% up from the average. It has underperformed by 6.38% the S&P500.

Axa increased Principal Finl Group Inc (PFG) stake by 289.64% reported in 2017Q3 SEC filing. Howard Hughes Medical Institute sold 10,000 shares as the company's stock rose 13.78% with the market. The Ontario Teachers Pension Plan Board holds 73,998 shares with $4.76 million value, up from 35,030 last quarter. The company had revenue of $3.95 billion for the quarter, compared to analysts' expectations of $3.12 billion. The stock decreased 1.63% or $0.12 during the last trading session, reaching $7.25. About 505,389 shares traded. RBC Capital Markets maintained Principal Financial Group, Inc. (NASDAQ:PFG) on Tuesday, January 9 to "Market Perform" rating. It has outperformed by 26.90% the S&P500.

Investors sentiment increased to 1.18 in Q3 2017. The financial services provider reported $1.28 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.30 by ($0.02).

Wells Fargo & Co reaffirmed their market perform rating on shares of Principal Financial Group (NYSE:PFG) in a report released on Monday. Sun Life Financial INC raised its stake in shares of Principal Financial Group by 21,822.2% in the second quarter. 194.42 million shares or 0.40% more from 193.64 million shares in 2017Q2 were reported. Homrich And Berg holds 10,262 shares or 0.05% of its portfolio. This is a positive change from Principal Financial Group's previous quarterly dividend of $0.47.

Principal Financial Group (NYSE:PFG) last released its quarterly earnings data on Thursday, October 26th.

Ferguson Wellman Capital Management Inc decreased its stake in Principal Financial Group (PFG) by 1.08% based on its latest 2017Q3 regulatory filing with the SEC.

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Yesterday, the Chairman - President & CEO of Principal Financial Group Inc, Mr. Daniel Houston, unloaded a substantial amount of company shares - 19,856, amounting to $1,430,029 US Dollars, which is based on a market stock price of $72.0 for a share. (NASDAQ:PFG) or 4,207 shares. $720,090 worth of Principal Financial Group, Inc. (NASDAQ:PFG). Utd Ser Automobile Association holds 0.02% or 116,180 shares. Alyeska Investment Group L P holds 0.02% or 31,657 shares. Bancshares Of Nova Scotia has invested 0.02% in Principal Financial Group, Inc. (NASDAQ:PFG). Girard Ptnrs Limited stated it has 8,465 shares or 0.11% of all its holdings. Principal Financial Group Inc has a 1-year low of $56.12 and a 1-year high of $73.54. Kentucky Retirement Systems Tru Fund reported 0.08% stake. American Natl Ins Communications Tx holds 0.67% of its portfolio in Principal Financial Group, Inc. (NASDAQ:PFG) for 960 shares. $386,038 worth of Principal Financial Group, Inc. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company's stock. The firm has "Equal-Weight" rating given on Friday, August 11 by Barclays Capital. $88,196 worth of Principal Financial Group, Inc. (NASDAQ:PFG) to report earnings on January, 29.

COPYRIGHT VIOLATION NOTICE: "Wells Fargo & Company MN Grows Position in FBL Financial Group, Inc". (NASDAQ:PFG) has "Equal-Weight" rating given on Thursday, October 5 by Morgan Stanley. The firm has "Neutral" rating given on Friday, February 26 by Atlantic Securities. On Monday, July 10 the stock rating was maintained by RBC Capital Markets with "Buy". RBC Capital Markets maintained the shares of PFG in report on Monday, July 10 with "Buy" rating. Praxair Inc (NYSE:PX) was reduced too.

Since August 4, 2017, it had 0 insider buys, and 10 sales for $23.37 million activity. The firm's revenue was up.2% compared to the same quarter last year. analysts forecast that FBL Financial Group, Inc. will post 4.35 EPS for the current fiscal year. (NASDAQ:PFG) was sold by Houston Daniel Joseph. Also, EVP Timothy Mark Dunbar sold 16,400 shares of Principal Financial Group stock in a transaction dated Tuesday, January 2nd. During the same quarter in the prior year, the firm earned $1.15 EPS. sell-side analysts anticipate that Principal Financial Group will post 5.22 earnings per share for the current fiscal year. Savings Bank Of New York Mellon holds 0% in Innodata Inc.

Umb Bank N A increased Electronic Arts Inc (NASDAQ:EA) stake by 14,218 shares to 16,290 valued at $1.92M in 2017Q3. Fifth Third Bancorp holds 3,099 shares. Therefore 26% are positive. Everett Nora Mary also sold $88,196 worth of Principal Financial Group, Inc. Macquarie Research maintained the shares of PFG in report on Friday, October 23 with "Outperform" rating. The rating was maintained by Jefferies on Wednesday, April 12 with "Hold". Denali Ltd Company has 152,234 shares. The company was maintained on Friday, November 10 by Keefe Bruyette & Woods. The company was initiated on Friday, October 7 by Credit Suisse. 12,249 were reported by Advisory Services Net Llc. Moreover, Mendon Capital Advisors Corp has 1.23% invested in the company for 800,375 shares.

Investors sentiment is 0.47 in Q3 2017. Its down 0.56, from 1.26 in 2017Q2. 29 funds opened positions while 52 raised stakes. Blackrock Incorporated reported 637,771 shares. 8,700 were accumulated by Capstone Invest Advsrs Ltd Liability. About 1.06 million shares traded or 13.54% up from the average. Alliancebernstein L.P. now owns 497,833 shares of the financial services provider's stock valued at $31,896,000 after purchasing an additional 30,486 shares in the last quarter. Magnetar Ltd Llc stated it has 18,932 shares.

A number of equities research analysts recently issued reports on PFG shares. Trexquant Inv Lp holds 0.36% or 112,712 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt has 21,855 shares. Van Eck Assocs holds 0.1% in Rowan Companies plc (NYSE:RDC) or 1.53M shares. Tradewinds Cap Mgmt Limited invested in 0.02% or 711 shares. State Board Of Administration Of Florida Retirement System accumulated 379,256 shares. Liberty Mutual Gru Asset Management invested in 32,984 shares. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 207,904 shares or 0.12% of all its holdings.


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