About 35,747 Worth Of Principal Financial Group Inc. (PFG) Shares Belongs To Its Director


As of Friday close, Principal Financial Group Inc.’s (NASDAQ:PFG) stock was down -$2.57, moving down -3.54 percent to $69.99. The average number of shares traded per day over the past five days has been 5,316,500 shares. 2 times new highs have been achieved over the past 5 days, with a -$7.02 fall in that time frame. In the last twenty days, the average volume was 2,577,480, while in the previous 50 days, it was 1,943,430.

Since last month, PFG stock retreated -23.93%. Shares of the company fell to $67.87 on 03/16/23, the lowest level in the past month. A 52-week high of $96.17 was reached on 02/08/23 after having rallying from a 52-week low of $61.05. Since the beginning of this year, PFG’s stock price has dropped by -16.60% or -$13.93, and marked a new high 10 times. However, the stock has declined by -27.22% since its 52-week high.

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PFG stock investors should be aware that Principal Financial Group Inc. (PFG) stock had its last reported insider trading activity 150 days ago on Oct 19. HELTON SANDRA L, the Director of the company, disposed of 1,000 shares for $80.02 on Oct 19. It resulted in a $80,020 divestment by the insider. HELTON SANDRA L sold 14,033 shares at an average price of $80.05 on Oct 18. The insider now owns 18,245 shares following the transaction. On Sep 13, EVP, Principal Asia Cheong Wee Yee sold 2,447 shares at $78.45 apiece. The transaction was valued at $191,967.

Valuation Metrics

Right now, Principal Financial Group Inc. (PFG) has a P/E ratio of about 3.72. The stock’s beta is 1.32. Besides these, the trailing price-to-sales (P/S) ratio of 1.26, the price-to-book (PB) ratio of 1.71, and the price-to-cash flow ratio of 7.22 may also be considered.

The latest dividend of $0.64 per share was paid out, remained unchanged from last year’s $0.64. On Tuesday October 26 2021, a $0.01 dividend increase was announced.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 0.40, and the total debt-to-equity ratio was 0.41. In the year ended December 30, operating margins totaled 17.40%. Based on annual data, PFG earned $6.06 billion in gross profit and brought in $17.49 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 8.50%. Return on equity (ROE) for the past 12 months was 45.40%.

In Principal Financial Group Inc.’s quarter-end financial report for December 30, it reported total debt of $4.0 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. PFG’s revenue fell -31.04% to $4.6 billion during the quarter, while net income inched up to $3.12 billion. While analysts expected Principal Financial Group Inc. to report $1.53 quarterly earnings, the actual figure was $1.7 per share, beating the consensus estimate by 11.10%.

Technical Picture

This quick technical analysis looks at Principal Financial Group Inc.’s (PFG) price momentum. With a historical volatility rate of 48.07%, the RSI 9-day stood at 24.37% on 17 March.

With respect to its five-day moving average, the current Principal Financial Group Inc. price is down by -9.12% percent or -$7.02. At present, PFG shares trade -23.41% below its 20-day simple moving average and -11.23% percent below its 100-day simple moving average. However, the stock is currently trading approximately -17.67% below its SMA50 and -4.03% below its SMA200.

Stochastic coefficient K was 10.85% and Stochastic coefficient D was 9.01%, while ATR was 3.41. Given the Stochastic reading of 8.95% for the 14-day period, the RSI (14) reading has been calculated as 26.33%. As of today, the MACD Oscillator reading stands at -4.94, while the 14-day reading stands at -9.36.

Analyst Ratings

Principal Financial Group Inc. downgraded its rating on Principal Financial Group Inc. (NASDAQ: PFG) to an Underperform in a note to investors on December 08, 2022. The analysts firm previously had a Neutral rating on the stock.Principal Financial Group Inc. (PFG) has been rated Underweight by analysts. According to 9 brokerage firms, PFG is a sell, and 7 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Principal Financial Group Inc. stock as buy, with 1 recommending it as overweight.

With a median target price of $82.50, the current consensus forecast for the stock is $64.00 – $94.00. Based on these forecasts, analysts predict Principal Financial Group Inc. (PFG) will achieve an average price target of $81.50.


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