Principal Financial Group Inc (PFG): James P Mccaughan , President – Global Asset Mgmt. of Principal Financial Group Inc sold 10,000 shares on May 23, 2016. The Insider selling transaction was reported by the company on May 24, 2016 to the Securities and Exchange Commission. The shares were sold at $43.13 per share for a total value of $431,300.00 , 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.
Principal Financial Group Inc: On Friday, May 20, 2016 heightened volatility was witnessed in Principal Financial Group Inc which led to swings in the share price. The shares opened for trading at $42.65 and hit $43.38 on the upside , eventually ending the session at $43.19, with a gain of 1.96% or 0.83 points. The heightened volatility saw the trading volume jump to 17,08,037 shares. The 52-week high of the share price is $58.02 and the company has a market cap of $12,519 M . The 52-week low of the share price is at $33.09.
On Apr 28, 2016, Principal Financial Group Inc announced a cash dividend of $0.3900. The company’s management has announced Jun 2, 2016 as the ex-dividend date and fixed the record date on Jun 6, 2016. The payable date has been fixed on Jun 24, 2016.
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 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.