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Principal Financial Group PFG - News Analyzed: 3,890 - Last Week: 99 - Last Month: 495

↑ PFG: Principal Financial Group's Steady Performance and Strategic Diversifications

PFG: Principal Financial Group's Steady Performance and Strategic Diversifications
Principal Financial Group (PFG) will soon pay a US$0.71 dividend, showing promising returns highlighted by an impressive 114% profit for those who bought shares a year ago. Janney Montgomery Scott LLC, UBS Group AG, and Cambridge Investment Research Advisors Inc have all increased their holdings in PFG. Recently, several share sales have occurred, such as by Commerce Bank and D.A. Davidson & CO. PFG has also diversified its stakes, including increasing positions in Banc of California, Patterson Companies, Federal Realty Investment Trust, among others. Its positions in National Vision Holdings, Invesco Ltd, and Banc of California, however, have been reduced. A year's investments in PFG have seen a 24% Compound Annual Growth Rate (CAGR). Principal Financial Group's recent Q1 2024 earnings have beaten expectations and they have raised their dividend to $0.71. This Fortune 500 company is reputedly controlled by institutional shareholders. Full-Year 2023 Earnings revealed strong revenues, however, earnings did not meet the same success. Metrics for Q1 earnings have also been revealed, aligning with investor value. PFG received affirmations of credit ratings from AM Best to its advantage, although it is yet to reach a key technical benchmark.

Principal Financial Group PFG News Analytics from Wed, 20 Dec 2023 08:00:00 GMT to Wed, 29 May 2024 21:10:00 GMT - Rating 7 - Innovation 4 - Information 8 - Rumor -2

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