Principal Financial Group Inc (PFG): James P Mccaughan , President – Global Asset Mgmt. of Principal Financial Group Inc sold 10,000 shares on Apr 21, 2016. The Insider selling transaction was reported by the company on Apr 22, 2016 to the Securities and Exchange Commission. The shares were sold at $43.40 per share for a total value of $434,000.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 22, 2016, James P Mccaughan (President – Global Asset Mgmt.) sold 10,000 shares at $43.40 per share price.On Feb 23, 2016, Daniel Gelatt (director) purchased 30,000 shares at $36.74 per share price.Also, On Dec 14, 2015, Larry D Zimpleman (Chairman) sold 10,000 shares at $45.40 per share price.On Nov 9, 2015, Luis E. Valdes (Pres – Int’l Asset Mgmt&Accum) sold 13,892 shares at $52.00 per share price.
Shares of Principal Financial Group Inc (PFG) ended Wednesday, Apr 20, 2016 session in red amid volatile trading. The shares closed down -0.02 points or -0.05% at $43.3 with 16,52,142 shares getting traded. Post opening the session at $43.31, the shares hit an intraday low of $43.15 and an intraday high of $43.75 and the price vacillated in this range throughout the day. The company has a market cap of $12,627 M and the number of outstanding shares has been calculated to be 29,16,25,610 shares. The 52-week high of Principal Financial Group Inc is $58.02 and the 52-week low is $33.09.
Company has been under the radar of several Street Analysts.Principal Financial Group Inc is Downgraded by Atlantic Equities to Neutral. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Feb 26, 2016.Principal Financial Group Inc is Reiterated by Piper Jaffray to Neutral while Lowering the Price Target of the company shares to $ 48 from a previous price target of $50 . The Rating was issued on Feb 8, 2016.Principal Financial Group Inc is Reiterated by RBC Capital Mkts to Outperform while Lowering the Price Target of the company shares to $ 52 from a previous price target of $59 . The Rating was issued on Feb 2, 2016.
Principal Financial Group Inc. is an investment management company. The Company offers businesses individuals and institutional clients a range of financial products and services including retirement asset management and insurance through its financial services companies. Its segments include Retirement and Investor Services Principal Global Investors Principal International and U.S. Insurance Solutions. Its Retirement and Investor Services segment provides retirement and related financial products and services primarily to businesses their employees and other individuals. The Principal Global Investors segment provides asset management services.. The Principal International segment offers pension accumulation products and services mutual funds asset management income annuities and life insurance accumulation products. The U.S. Insurance Solutions segment offers individual and group insurance solutions.