Curbline Properties (NYSE:CURB) Director Sells $988,468.54 in Stock
Curbline Properties (NYSE:CURB) Director Alexander Otto sold 32,927 shares of the company's stock for approximately $988,469 on August 18th, reducing his position by 0.45%. This sale is part of multiple transactions by Otto in August, totaling millions of dollars. Despite the insider selling, analysts maintain a "Moderate Buy" consensus for CURB with an average price target of $31.11, following the company's strong quarterly earnings beat.
Lisanti Capital Growth LLC Purchases New Holdings in ESCO Technologies Inc. $ESE
Lisanti Capital Growth LLC has acquired a new position in ESCO Technologies Inc. (NYSE:ESE) during the second quarter, purchasing 10,130 shares valued at approximately $3.55 million. This move is part of broader institutional interest, with several other large investors also adjusting their stakes in the scientific and technical instruments company. ESCO Technologies recently reported strong earnings, beating analyst estimates, and has an average "Buy" rating from Wall Street analysts with a target price of $416.50.
Johnson Financial Group Inc. Buys New Holdings in Nicolet Bankshares Inc. $NIC
Johnson Financial Group Inc. has acquired 7,500 shares of Nicolet Bankshares Inc. (NYSE:NIC) valued at approximately $1.24 million during the second quarter. This move comes as institutional investors, including BlackRock Inc., are increasing their stakes in the company. Nicolet Bankshares has also reported strong quarterly earnings, exceeding analyst expectations, and declared a quarterly dividend.
Pasadena Private Wealth LLC Invests $1.59 Million in Agree Realty Corporation $ADC
Pasadena Private Wealth LLC has acquired a new stake of 20,948 shares, valued at approximately $1.59 million, in Agree Realty Corporation (NYSE:ADC). This investment contributes to the 97.83% institutional ownership of the REIT, which also saw other hedge funds increasing their positions. Agree Realty reported a 16.8% year-over-year revenue increase to $216.33 million, though its EPS of $0.44 missed estimates, and the company announced a monthly dividend of $0.267 per share, offering a 4.3% annual yield.
Wealthfront Advisers LLC Takes Position in Essex Property Trust, Inc. $ESS
Wealthfront Advisers LLC has acquired a new position of 25,499 shares in Essex Property Trust, valued at approximately $7.4 million, bringing institutional ownership of ESS stock to 96.51%. The company reported strong Q2 earnings, surpassing analyst expectations for both EPS and revenue, and provided optimistic guidance for Q3 and the full year 2026. Analysts maintain a "Moderate Buy" rating with an average price target of $304.79, indicating potential upside from the stock's current price.
503,256 Shares in Principal Financial Group, Inc. $PFG Acquired by Mitsubishi UFJ Asset Management Co. Ltd.
Mitsubishi UFJ Asset Management Co. Ltd. has acquired a new position of 503,256 shares in Principal Financial Group, Inc. (NASDAQ:PFG), valued at approximately $54.24 million, making them a significant institutional investor. Other institutional investors have also adjusted their holdings in Principal Financial Group, which currently has a market capitalization of $23.90 billion. The company recently increased its quarterly dividend and analysts have issued various price targets and ratings, with the stock currently holding an average "Hold" rating.
Wealthfront Advisers LLC Purchases Shares of 71,257 Principal Financial Group, Inc. $PFG
Wealthfront Advisers LLC acquired 71,257 shares of Principal Financial Group (NASDAQ:PFG) worth approximately $7.68 million in the second quarter. Principal Financial Group exceeded earnings expectations with $2.50 EPS but missed revenue forecasts at $3.99 billion. The company also increased its quarterly dividend to $0.84 per share, offering a 3.0% yield, while analysts maintain a consensus "Hold" rating with an average price target of $106.67.
AT&T Inc. $T Position Reduced by Principal Financial Group Inc.
Principal Financial Group Inc. significantly reduced its stake in AT&T Inc. by 2.1% in the second quarter, selling 175,868 shares but still retaining over 8.11 million shares valued at approximately $168 million. Despite this reduction, institutional investors collectively own a substantial 57.1% of AT&T. The company recently reported strong quarterly EPS of $0.65, surpassing estimates, though revenue of $31.56 billion slightly missed consensus expectations, and it continues to offer a quarterly dividend of $0.2775 per share, providing an annualized yield of 4.4%.
Deutsche Bank AG Acquires Shares of 1,231,533 Principal Financial Group, Inc. $PFG
Deutsche Bank AG has acquired a significant stake of 1,231,533 shares in Principal Financial Group, Inc. (NASDAQ:PFG) during the second quarter, valued at approximately $132.74 million. Other hedge funds have also adjusted their positions in PFG, with institutional investors now owning 75.08% of the company's stock. Principal Financial Group recently increased its quarterly dividend to $0.84 per share and has received mixed analyst ratings, with a consensus "Hold" rating and an average target price of $106.67.
AssuredPartners Investment Advisors LLC Buys New Holdings in Principal Financial Group, Inc. $PFG
AssuredPartners Investment Advisors LLC has acquired a new stake of 12,257 shares in Principal Financial Group, Inc. (NASDAQ:PFG), valued at approximately $1.32 million. Other institutional investors, including BlackRock Inc. and Norges Bank, also made significant changes to their holdings. The company has an average "Hold" rating from analysts with an average target price of $106.67 and recently increased its quarterly dividend to $0.84 per share.
BlackRock Inc. Takes $2.16 Billion Position in Principal Financial Group, Inc. $PFG
BlackRock Inc. has acquired a new stake of 20,014,673 shares in Principal Financial Group, Inc. (NASDAQ:PFG), valued at approximately $2.16 billion, making it a 9.35% owner of the company. Other institutional investors have also adjusted their positions in PFG, which currently holds a consensus "Hold" rating from analysts with a target price of $106.67. Principal Financial Group recently increased its quarterly dividend to $0.84 per share, resulting in an annualized dividend of $3.36 and a 3.0% yield.
BlackRock Inc. Invests $1.78 Billion in SiTime Corporation $SITM
BlackRock Inc. has acquired a significant new stake in SiTime Corporation, purchasing 2.39 million shares valued at approximately $1.78 billion, making it a 9.05% owner of the company. Despite positive analyst ratings and strong quarterly results with EPS of $2.34 and revenue up 126.5% year over year, insiders have sold roughly $50.3 million worth of shares in the last quarter. SiTime, a fabless semiconductor company specializing in silicon timing solutions using MEMS technology, has a "Moderate Buy" consensus rating among analysts with an average price target of $688.75.
Principal Financial Group Inc. stock underperforms Wednesday when compared to competitors
Shares of Principal Financial Group Inc. (PFG) fell 1.33% on Wednesday, closing at $111.64. This underperformance occurred despite a generally positive trading day for the broader market, with both the S&P 500 Index and the Dow Jones Industrial Average seeing gains. The stock is currently 4.26% below its 52-week high of $116.61, achieved on August 6th.
9,747 Shares in Principal Financial Group, Inc. $PFG Bought by Plato Investment Management Ltd
Plato Investment Management Ltd recently acquired 9,747 shares of Principal Financial Group, Inc. (NASDAQ:PFG) worth approximately $1,044,000 during the second quarter. Other institutional investors have also adjusted their holdings, with the company trading up 0.2% and having a market capitalization of $24.22 billion. Principal Financial Group also increased its quarterly dividend to $0.84 per share.
Principal Financial Group Inc. Trims Stake in Altria Group, Inc. $MO
Principal Financial Group Inc. has reduced its stake in Altria Group, Inc. by 1% in the second quarter, selling 19,251 shares but retaining 1.93 million shares valued at approximately $139.1 million. Despite Altria reporting slightly higher revenue than estimates, its EPS missed expectations, and the company provided fiscal 2026 EPS guidance of $5.61–$5.72. Analyst sentiment remains mixed with a "Hold" rating, and two Altria directors also sold shares in May.
Principal Financial Group Inc. Sells 228,558 Shares of Medtronic PLC $MDT
Principal Financial Group Inc. has reduced its stake in Medtronic PLC (NYSE:MDT) by 9.6%, selling 228,558 shares but still retaining 2.15 million shares valued at $168.3 million. Medtronic recently reported strong quarterly earnings, beating analyst estimates, and increased its quarterly dividend. Analyst sentiment is cautiously positive with a "Moderate Buy" consensus, despite some recent price target reductions.
Interparfums, Inc. (NASDAQ:IPAR) Given Consensus Rating of "Hold" by Analysts
Interparfums, Inc. (NASDAQ:IPAR) has received a consensus "Hold" rating from analysts, with an average 12-month price target of $123.29, which is above its current share price of $113.46. The company recently reported quarterly EPS of $0.95 and revenue of $341.04 million, meeting analyst expectations, and maintained its fiscal 2026 EPS guidance of $4.85. Institutional investors hold 55.57% of Interparfums, with major firms like Vanguard and UBS increasing their stakes.
MetLife Stock And Other Insurers Gaining From Higher Long Term Treasury Yields
This article examines how rising long-term Treasury yields benefit life insurers and annuity providers like Principal Financial Group, Legal & General Group, and MetLife. It highlights how their bond-heavy portfolios and retirement products are sensitive to these yield changes, presenting both opportunities for income and potential risks related to funding and market exposure. The piece encourages investors to consider these dynamics when evaluating such stocks.
Diversify Advisory Services LLC Purchases Shares of 13,394 Boot Barn Holdings, Inc. $BOOT
Diversify Advisory Services LLC has acquired 13,394 shares of Boot Barn Holdings, Inc. (NYSE:BOOT) during the second quarter, valued at approximately $2.08 million. Other institutional investors also increased their holdings. Analysts maintain a bullish outlook on Boot Barn, with a consensus price target of $219.55, following strong quarterly results that surpassed revenue and EPS expectations.
Foster & Motley Inc. Buys Shares of 29,615 Principal Financial Group, Inc. $PFG
Foster & Motley Inc. has acquired a new stake of 29,615 shares, valued at approximately $3.19 million, in Principal Financial Group, Inc. This transaction highlights increased institutional investment in PFG, with other firms also modifying their holdings. The article also details recent insider stock sales, analyst ratings, and the company's latest financial performance and dividend increase.
Citizens Financial Group Inc. RI Takes Position in MetLife, Inc. $MET
Citizens Financial Group Inc. RI has acquired a new stake of 18,753 shares in MetLife, Inc. ($MET) during the second quarter, valued at approximately $1,587,000. Several other institutional investors have also adjusted their holdings in MetLife, which maintains a "Moderate Buy" analyst rating with an average price target of $101.07. The company recently reported strong quarterly earnings, topping analyst estimates, and announced a quarterly dividend of $0.5925 per share.
51,786,925 Shares in MetLife, Inc. $MET Purchased by BlackRock Inc.
BlackRock Inc. has acquired a significant new position in MetLife, Inc. (NYSE:MET) during the second quarter, purchasing over 51 million shares valued at approximately $4.38 billion, representing about 8.05% of the company. Other institutional investors have also adjusted their holdings in MetLife, with the stock currently holding a "Moderate Buy" consensus rating from analysts. MetLife recently announced a share buyback plan of $3.00 billion and a quarterly dividend of $0.5925 per share.
Principal Financial Group Inc. Sells 13,404 Shares of Waste Management, Inc. $WM
Principal Financial Group Inc. reduced its stake in Waste Management, Inc. (NYSE:WM) by 2.9% in the second quarter, selling 13,404 shares and retaining 446,913 shares valued at approximately $99.6 million. Despite this sale, institutional investors collectively own 80.4% of the company. Analysts maintain a "Moderate Buy" consensus rating with an average price target of $258.89, following Waste Management's Q2 EPS of $2.02, which beat estimates, and revenue of $6.68 billion.
Principal Financial stock holds above $112 as dividend yield stays close to 3 percent
Principal Financial Group (PFG) stock closed at $112.97 on August 17, 2026, maintaining a dividend yield close to 3 percent. The article highlights PFG's role as an income-oriented financial stock, balancing its price stability with a consistent dividend payout. It also touches on the company's strategic initiatives, such as the Principal Benefits Edge Solution, and its dual role as an insurer and institutional investor with significant tech holdings.
Pzena Investment Management LLC Takes $941.79 Million Position in MetLife, Inc. $MET
Pzena Investment Management LLC has acquired a new stake of 11,130,983 shares in MetLife, Inc. (NYSE:MET), valued at approximately $941.79 million, making it their 12th largest holding. Other institutional investors have also adjusted their positions in MetLife. The stock currently holds a "Moderate Buy" rating with a consensus target price of $101.07 from analysts.
OneDigital Investment Advisors LLC Purchases Shares of 13,407 Principal Financial Group, Inc. $PFG
OneDigital Investment Advisors LLC has acquired 13,407 shares of Principal Financial Group (NASDAQ:PFG) worth approximately $1.45 million, as institutional ownership in the company reaches 75.08%. Despite a mixed analyst sentiment with an average "Hold" rating, Principal Financial Group recently reported strong quarterly earnings, beating estimates, and increased its quarterly dividend to $0.84 per share. Insider activity also noted a sale of shares by Wee Yee Cheong.
Principal Financial Group Inc. Buys 29,020 Shares of Eli Lilly and Company $LLY
Principal Financial Group Inc. increased its stake in Eli Lilly and Company by 2.4% during the second quarter, purchasing 29,020 additional shares. The firm now holds 1,255,719 shares of Eli Lilly, valued at approximately $1.51 billion, making it Principal Financial Group's 24th largest holding. Institutional investors collectively own 82.53% of Eli Lilly's stock, while the company recently reported strong quarterly results with revenue up 47.7% year-over-year and an EPS of $8.38, exceeding analyst estimates.
11,300 Shares in Iron Mountain Incorporated $IRM Acquired by Global Retirement Partners LLC
Global Retirement Partners LLC has acquired 11,300 shares of Iron Mountain Incorporated (IRM) worth approximately $1.43 million. This comes as Iron Mountain exceeded quarterly earnings expectations, reporting adjusted EPS of $0.60 and revenue of $2.03 billion, an 18.5% year-over-year increase. Analysts currently rate the stock as a "Moderate Buy" with a consensus price target of $135.17.
Raymond James Adjusts PT on Principal Financial Group to $121 From $111, Keeps Outperform Rating
Raymond James has increased its price target for Principal Financial Group (PFG) to $121 from $111, while maintaining an Outperform rating. This adjustment reflects a positive outlook on the company's financial prospects. The article also notes recent adjustments from other firms, including BMO Capital, Jefferies, and JPMorgan, indicating active analyst coverage for Principal Financial Group.
GSA Capital Partners LLP Purchases Shares of 6,246 NXP Semiconductors N.V. $NXPI
GSA Capital Partners LLP recently acquired 6,246 shares of NXP Semiconductors N.V. (NASDAQ:NXPI) valued at approximately $1.755 million in the second quarter. This move is part of a broader trend of institutional investors modifying their holdings in the semiconductor provider. The article also details other institutional transactions, NXP Semiconductors' financial performance, dividend announcements, and recent insider trading activities, alongside analyst ratings.
Principal Financial Group Inc. Grows Stock Holdings in Advanced Micro Devices, Inc. $AMD
Principal Financial Group Inc. significantly increased its stake in Advanced Micro Devices (AMD) by 9.7% in the second quarter, bringing its total holdings to over 2 million shares valued at approximately $1.19 billion. This comes as AMD reported stronger-than-expected quarterly results, with EPS of $1.66 and revenue of $11.54 billion, a 50.1% year-over-year increase. Analysts maintain a "Moderate Buy" rating for AMD with an average price target of $546.87, supported by the company's expansion into AI and a planned $5 billion bond offering, despite concerns about its high valuation, increased leverage, and competition from Nvidia.
Principal Financial Group Inc. Sells 10,944 Shares of Walmart Inc. $WMT
Principal Financial Group Inc. reduced its stake in Walmart Inc. by 0.2%, selling 10,944 shares, but still holds a significant position of 5.92 million shares. Analysts maintain a "Moderate Buy" rating for Walmart with a consensus price target of $138.56, despite recent downgrades by some firms. The retailer faces a mix of positive factors like e-commerce growth and potential tariff refunds, alongside challenges such as elevated fuel costs, margin pressures, and competition from Amazon.
Principal Financial Group Inc. Boosts Stake in UnitedHealth Group Incorporated $UNH
Principal Financial Group Inc. increased its stake in UnitedHealth Group Incorporated by 3.3% in the second quarter, bringing its total holdings to 1.40 million shares valued at approximately $583.9 million. Wall Street analysts maintain a "Moderate Buy" rating for UnitedHealth, with a consensus price target of $455.92. The company recently reported strong quarterly earnings, exceeding expectations with EPS of $6.38 and revenue of $112.03 billion, and also declared a quarterly dividend of $2.32 per share.
American Homes 4 Rent (NYSE:AMH) Receives Consensus Rating of "Moderate Buy" from Brokerages
American Homes 4 Rent (NYSE:AMH) has received a "Moderate Buy" consensus rating from 20 brokerages, with an average 12-month price target of $36.78. The company recently surpassed quarterly earnings expectations, reporting $0.31 EPS against a $0.18 consensus and revenues of $470.1 million. Institutional ownership of AMH is high at 91.87%, with several major firms increasing or initiating positions.
Beverly Hills Private Wealth LLC Buys Shares of 26,465 AvalonBay Communities, Inc. $AVB
Beverly Hills Private Wealth LLC recently acquired 26,465 shares of AvalonBay Communities, Inc. (NYSE:AVB) valued at approximately $4.99 million. This purchase is part of broader institutional investor activity, with several large funds modifying their holdings in AVB. The article also discusses upcoming corporate changes for AvalonBay, including a merger with Equity Residential to form Vivmark Residential and its replacement by Reddit in the S&P 500, which is expected to cause short-term trading volatility.
Chase Investment Counsel Corp Invests $7.41 Million in Principal Financial Group, Inc. $PFG
Chase Investment Counsel Corp has made a significant investment in Principal Financial Group, Inc. ($PFG), acquiring 68,764 shares valued at approximately $7.41 million, making it their 25th largest holding. Other institutional investors have also adjusted their positions in PFG, while an insider recently sold shares. Analysts currently rate Principal Financial Group as a "Hold" with an average target price of $105.83, and the company recently increased its quarterly dividend.
74,417 Shares in Principal Financial Group, Inc. $PFG Bought by AMG National Trust Bank
AMG National Trust Bank recently acquired 74,417 shares of Principal Financial Group, valued at approximately $8.0 million, marking a new position in the company. Principal Financial Group, with 75.08% institutional ownership, exceeded EPS estimates in its latest quarterly report and increased its quarterly dividend. Analysts currently hold a "Hold" rating with an average price target of $105.83 for the stock.
Brixmor Property Group Inc. (NYSE:BRX) Receives Average Recommendation of "Moderate Buy" from Analysts
Brixmor Property Group Inc. (NYSE:BRX) has received a consensus "Moderate Buy" rating from fifteen brokerages, with an average 12-month price target of $34.00, including recent upgrades and price target increases from Piper Sandler and Jefferies. Despite missing quarterly earnings expectations with $0.24 EPS against a $0.58 consensus, the company's revenue of $354.2 million was in line with forecasts, representing a 4.3% year-over-year increase. The REIT offers a 4.1% dividend yield, strong institutional ownership, and analysts predict a full-year EPS of $2.36 for 2026.
Bristol Myers Squibb Company $BMY Holdings Raised by Principal Financial Group Inc.
Principal Financial Group Inc. increased its holdings in Bristol Myers Squibb Company (BMY) by 9.8% in the second quarter, now owning 2.55 million shares valued at $146.9 million. This occurred as Bristol Myers Squibb reported strong quarterly earnings, beating estimates with $2.04 EPS and a 5.7% revenue increase. While the company received FDA approval for ZENBEXUS and expanded its pipeline, a revived $6.7 billion lawsuit presents a potential financial risk.
Principal Financial Group Inc. Acquires 29,586 Shares of Union Pacific Corporation $UNP
Principal Financial Group Inc. increased its stake in Union Pacific Corporation by 4.1% during the second quarter, acquiring an additional 29,586 shares to hold a total of 743,819 shares valued at $202.3 million. Union Pacific reported strong quarterly earnings and revenue, beating analyst expectations, and subsequently raised its quarterly dividend to $1.42 per share. Analysts generally maintain a "Moderate Buy" rating for UNP with an average price target of $320.89.
Principal Financial Group Inc. Has $75.86 Million Stock Holdings in Kinder Morgan, Inc. $KMI
Principal Financial Group Inc. significantly reduced its stake in Kinder Morgan, Inc. by 18.1% in the second quarter, selling over 523,000 shares but still retaining holdings valued at $75.86 million. Despite this reduction, institutional investors collectively own 62.52% of Kinder Morgan, which analysts generally rate as a "Hold" with a consensus price target of $35.50. Kinder Morgan recently surpassed earnings expectations, reporting $0.37 EPS and $4.48 billion in revenue, and declared a quarterly dividend of $0.2975 per share.
Microchip Technology Incorporated $MCHP Shares Sold by Principal Financial Group Inc.
Principal Financial Group Inc. reduced its stake in Microchip Technology Incorporated (MCHP) by 2.9% in the second quarter, selling 17,516 shares but still retaining over 590,000 shares valued at approximately $53.85 million. Despite this sale, analyst sentiment remains positive, with a consensus "Moderate Buy" rating and an average price target of $98.85. The company recently reported strong quarterly earnings of $0.76 per share and revenue of $1.48 billion, exceeding estimates, and declared a quarterly dividend of $0.455 per share.
Principal Financial Group Inc. Sells 27,903 Shares of Stryker Corporation $SYK
Principal Financial Group Inc. reduced its stake in Stryker Corporation by 5.5% in the second quarter, selling 27,903 shares and retaining 480,116 shares worth $151.2 million. Institutional investors collectively own 77.09% of Stryker. The company reported strong quarterly earnings of $3.69 per share, exceeding estimates, and revenue increased by 9.4% year over year, with analysts maintaining a "Moderate Buy" rating and a consensus price target of $386.28.
Principal Financial Group Inc. Decreases Holdings in Amgen Inc. $AMGN
Principal Financial Group Inc. reduced its stake in Amgen Inc. by 1.9% in the second quarter, selling 12,052 shares but still retaining 614,341 shares valued at approximately $222.5 million. Despite this, Amgen reported strong quarterly results, exceeding analyst expectations with $6.29 earnings per share and $10.05 billion in revenue, a 9.5% year-over-year increase. The company also declared a quarterly dividend of $2.52 per share, yielding 2.4%, and its shares opened near their 12-month high, although analysts maintain an average "Hold" rating with a target price of $372.39.
ConocoPhillips $COP Shares Acquired by Principal Financial Group Inc.
Principal Financial Group Inc. increased its stake in ConocoPhillips (NYSE:COP) by 1.1% in the second quarter, bringing its total holdings to 1.67 million shares valued at $173.2 million. ConocoPhillips reported strong quarterly results, surpassing analyst expectations with an EPS of $3.24 and revenue of $19.52 billion, a 32.4% year-over-year increase. The company also declared a quarterly dividend of $0.84 per share and maintains a "Moderate Buy" consensus rating among analysts with an average price target of $137.68.
Principal Financial Group Inc. Buys 578,197 Shares of Devon Energy Corporation $DVN
Principal Financial Group Inc. increased its stake in Devon Energy Corporation (NYSE:DVN) by 75.8% in the second quarter, purchasing an additional 578,197 shares to own a total of 1.34 million shares valued at $55.4 million. This move comes as Devon Energy reported strong quarterly earnings of $1.57 per share, exceeding estimates, with revenue rising 73.1% year-over-year. Analysts generally maintain a "Moderate Buy" rating for Devon Energy, with an average price target of $59.60, and the company recently announced a quarterly dividend of $0.32 per share.
Principal Financial Group Inc. Sells 149,619 Shares of Arista Networks, Inc. $ANET
Principal Financial Group Inc. reduced its stake in Arista Networks by 9.8% in Q2, selling 149,619 shares but still holding 1.38 million shares valued at $233.8 million. Despite strong Q2 earnings, revenue growth, and a "Buy" consensus from analysts, significant insider selling by CEO Jayshree Ullal and major shareholder Andreas Bechtolsheim under Rule 10b5-1 plans has occurred. While AI-related growth prospects are strong, the stock's high valuation and insider sales may negatively impact sentiment.
GSA Capital Partners LLP Acquires Shares of 90,097 Brixmor Property Group Inc. $BRX
GSA Capital Partners LLP has acquired 90,097 shares of Brixmor Property Group Inc. (NYSE:BRX) worth approximately $2.84 million during the second quarter. Other institutional investors have also significantly increased their holdings, with institutional ownership now at 98.43%. Despite a recent earnings miss, analysts maintain a "Moderate Buy" rating for Brixmor with an average target price of $34.00, and the company has declared a quarterly dividend of $0.3075.
Principal Financial Group, Inc. $PFG Position Boosted by Handelsbanken Fonder AB
Handelsbanken Fonder AB significantly increased its stake in Principal Financial Group (PFG) by 72.8%, bringing its total holdings to 29,084 shares. This move is part of a broader trend of increased institutional interest in PFG, with institutional investors now owning 75.08% of the company's stock. Despite a neutral "Hold" consensus rating from analysts, Principal Financial Group recently reported strong quarterly earnings, beating estimates, and increased its quarterly dividend.
Principal Financial Group, Inc. $PFG Shares Sold by Assenagon Asset Management S.A.
Assenagon Asset Management S.A. significantly reduced its stake in Principal Financial Group (NASDAQ:PFG) by 94.2% in the second quarter, selling 99,225 shares and retaining 6,152 shares worth $663,000. Despite mixed analyst ratings, with a consensus "Hold" and a target price of $105.83, PFG recently traded near its 52-week high at $113.98. The company reported strong Q2 earnings, beating estimates with $2.50 EPS, and increased its quarterly dividend to $0.84 per share, offering a 2.9% annual yield.
