A Deep Dive into the Insider Trading: Principal Financial Group, Inc. (PFG), Fifth Third Bancorp (FITB)

Looking at top Wall Street opinions, Principal Financial Group, Inc. (NASDAQ: PFG) has recently made its way into the research list of UBS – signaling that their analyst’s rating adjustment is noteworthy. This stock was downgraded to a rating of Sell in the eyes of UBS, whereas its previous rating was Neutral in the eyes of UBS, as reported on Tuesday, February 5th, 2019. Another heavy-hitting research note was published by Evercore ISI on Wednesday January 9th, 2019, with this firm downgrading PFG to an updated rating of In-line from its previous rating of Outperform. In the past six months and three months of trading, shares of Principal Financial Group, Inc. (PFG) have moved by 11.45% and -3.98%, respectively.

Brokerage Updates Related to Principal Financial Group, Inc. (PFG) Stock

This publicly-traded organization generated losses of -8.88% over the last 5 sessions. Right now, this stock is the subject of 14 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Not a single analyst have given an underperform rating, 1 has given a sell rating and 10 have given a rating of Buy or better. Based on the 14 stock market experts following this company, the average 12-month price target is $59.08. Moreover, individual price targets range between $51.00-$67.00. With its recent move to $59.00, we can see that these firms project this stock will loss by -1.72% in one year.

Updates from Principal Financial Group, Inc. (PFG) SEC Form 4

This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.40% rise since the beginning of the calendar year. A EVP & Chief Risk Officer at Principal Financial Group, Inc. (PFG) sold off some of its shares in a transaction that was finalized on Aug 01. Similarly, Valdes Luis E. sold 11,829 shares of the organization’s stock at $59.54 apiece and racked up $704,299 in earnings from the sale. Now, Valdes Luis E. holds 58,223 shares of the company following the exchange. A EVP & Chief Risk Officer of the organization named LAWLER JULIA M, was engaged in a transaction that occurred on Jul 01 that managed to be worth $58,540 from the sale of 1,000 common shares at a price of $58.54 per individual share.

Principal Financial Group, Inc. (NASDAQ:PFG) Results in the Pipeline

The next scheduled release of financial results for Principal Financial Group, Inc. will be for the Jun-19 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $1.40. In the same vein, they expect sales for the quarter to amount to $3,595.68 million.

Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $4,002.20 million in revenue alongside EPS at $1.52. On average, the analyst projection was calling for $3,743.90 million with $1.43 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $3,904.70 million, with earnings per share ending up at $1.11.

Fifth Third Bancorp (NASDAQ:FITB) experienced a drop of -0.56% from the closing price in the previous trading day. That drove the price to $28.21 per share, as observed on January 1st, 1970, at a time when the total trading volume reached 3,887,182 shares of stock – compared to the typical average of 6.18M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $31.81.

Pricing Indications for Fifth Third Bancorp (FITB)

This organization has had a price-to-earnings ratio of 9.51 in the last year. Meanwhile, it gained 27.81 from its observable 50-day simple moving average. Right at this moment, the per-share value is 4.77% higher than the mean per-share price over the last 200 days in the market.

Fifth Third Bancorp (NASDAQ:FITB) In-Depth Brokerage Insights

We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 5 have a Buy rating, 4 have an outperform rating, while 15 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 1 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.50, based on information from Thomson Reuters.

FITB Stock Value Potential

In trading activity as of late, this stock’s value was 26.93 up from its 200 day moving average, while also 1.50% up when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $28.00-$35.00. The market value for the entire organization reached 20.77B. In the last trading session, the price ended the day at $28.37. The institutional holdings related to this organization account for 0.30%, and the Beta factor is now 1.36. This company’s RSI (Relative Strength Index) managed to hit 47.18.

Fifth Third Bancorp (NASDAQ:FITB) Analyst Points of Focus

Fifth Third Bancorp (FITB) has found itself inside of Citigroup’s research list, so their analyst rating adjustment is worth taking note of. This stock was downgraded to Neutral, compared to its previous rating of Buy by Citigroup, as garnered from a news report on Friday July 12th, 2019. An additional helpful research note was sent out by Keefe Bruyette’s on Thursday April 4th, 2019. The brokerage decided to upgrade FITB to Outperform from its previous rating of Mkt Perform.