There was significant activity relating to
Principal Financial Group's stocks, with multiple financial entities adjusting their shareholdings. For instance,
Wells Fargo & Company MN,
Assetmark Inc, and
Commerce Bank decreased their holdings while
Corient Private Wealth LLC and
Janney Montgomery Scott LLC increased theirs. Despite underperforming against some competitors on specific days,
PFG saw strong trading days and outperformed competitors on others. Investors who bought
PFG shares a year ago would have earned 114% returns. Future expectations are positive with reports of surpassing Q1 2024 earnings forecasts and exceeding revenue expectations for Full Year 2023, though EPS lagged. There is also anticipation around PFG's upcoming US$0.71 dividend. The group also displayed dynamism by adjusting investments in other companies, notably acquiring ESOP business from Ascensus and raising the stake in
Banc of California. Institutional shareholders control 72% of the company. PFG announced a new 12-month Apprentice Program and released a sustainability report.
Principal Financial Group PFG News Analytics from Thu, 26 Oct 2023 07:00:00 GMT to Sun, 02 Jun 2024 14:16:16 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -4
