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Principal Financial Group missed Q4 targets, yet sees mixed investor interest and a "Hold" rating.
Principal Financial Group (PFG) missed earnings and revenue targets in the latest quarter, reporting EPS of $1.76 and revenue of $3.01 billion.
Despite this, West Financial Advisors reduced its holdings, while Oak Thistle LLC and other hedge funds increased their investments.
The stock faces a mixed outlook with a "Hold" consensus rating and a revised price target of $84.25.
Institutional investors hold 75.08% of PFG's stock, which provides retirement, asset management, and insurance services.
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Principal Financial Group no alcanzó los objetivos del Q4, pero ve un interés mixto de los inversores y una calificación de "retención".