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Principal Financial Group (NASDAQ:PFG) Trading 0.7% Higher - Here's Why

Principal Financial Group logo with Financial Services background

Shares of Principal Financial Group Inc (NASDAQ:PFG - Get Free Report) traded up 0.7% during mid-day trading on Thursday . The company traded as high as $77.05 and last traded at $77.02. 971,719 shares changed hands during mid-day trading, a decline of 34% from the average session volume of 1,482,956 shares. The stock had previously closed at $76.49.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen lowered Principal Financial Group from a "hold" rating to a "sell" rating in a research report on Saturday.

Get Our Latest Stock Report on PFG

Principal Financial Group Price Performance

The stock has a market cap of $17.20 billion, a price-to-earnings ratio of 16.43 and a beta of 1.00.

Principal Financial Group Company Profile

(Get Free Report)

Principal Financial Group, Inc provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments.

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