Pro-Merrill Lynch Life Variable Annuity Separate Account C Institutional Investors Sentiment Runs High in 2018 Q3 | Thorold News – Thorold News

0

Principal Financial Group, Inc. (NASDAQ:PFG) Logo

Sentiment for Merrill Lynch Life Variable Annuity Separate Account C (NYSE:PFG)

Merrill Lynch Life Variable Annuity Separate Account C (NYSE:PFG) institutional sentiment increased to 1.14 in 2018 Q3. Its up 0.15, from 0.99 in 2018Q2. The ratio improved, as 218 hedge funds opened new or increased holdings, while 191 decreased and sold their equity positions in Merrill Lynch Life Variable Annuity Separate Account C. The hedge funds in our partner’s database reported: 195.85 million shares, up from 193.58 million shares in 2018Q2. Also, the number of hedge funds holding Merrill Lynch Life Variable Annuity Separate Account C in their top 10 holdings was flat from 4 to 4 for the same number . Sold All: 45 Reduced: 146 Increased: 146 New Position: 72.

Principal Financial Group, Inc. provides retirement, asset management, and insurance services and products to businesses, individuals, and institutional clients worldwide. The company has market cap of $13.37 billion. It operates through Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. It has a 8.92 P/E ratio. Insurance Solutions divisions.

The stock decreased 0.27% or $0.13 during the last trading session, reaching $47.83. About 1.66M shares traded. Principal Financial Group, Inc. (NYSE:PFG) has declined 39.53% since February 10, 2018 and is downtrending. It has underperformed by 39.53% the S&P500.

Nippon Life Insurance Co holds 22.67% of its portfolio in Principal Financial Group, Inc. for 18.14 million shares. Capital Management Corp Va owns 216,641 shares or 3.24% of their US portfolio. Moreover, Iowa State Bank has 2.42% invested in the company for 92,714 shares. The California-based Denali Advisors Llc has invested 2.38% in the stock. Tealwood Asset Management Inc, a Minnesota-based fund reported 101,800 shares.

Since January 1, 0001, it had 1 insider buy, and 4 selling transactions for $103,700 activity.

Principal Financial Group, Inc. (NASDAQ:PFG) Ratings Coverage

Ratings analysis reveals 0 of Principal Financial Group’s analysts are positive. Out of 5 Wall Street analysts rating Principal Financial Group, 0 give it “Buy”, 1 “Sell” rating, while 4 recommend “Hold”. The lowest target is $45 while the high is $61. The stock’s average target of $52.20 is 9.14% above today’s ($47.83) share price. PFG was included in 6 notes of analysts from August 17, 2018. Credit Suisse maintained the shares of PFG in report on Friday, August 17 with “Neutral” rating. UBS downgraded the stock to “Sell” rating in Tuesday, February 5 report. The firm has “Neutral” rating by Goldman Sachs given on Tuesday, January 8. The rating was downgraded by RBC Capital Markets on Tuesday, December 11 to “Sector Perform”. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, November 13. UBS maintained the stock with “Neutral” rating in Monday, October 8 report.

More notable recent Principal Financial Group, Inc. (NASDAQ:PFG) news were published by: Nasdaq.com which released: “First Week of PFG March 15th Options Trading – Nasdaq” on January 29, 2019, also Streetinsider.com with their article: “Principal Financial Group (PFG) Announces Acquisition of RobustWealth – StreetInsider.com” published on May 30, 2018, Nasdaq.com published: “Should Value Investors Buy Principal Financial (PFG) Stock? – Nasdaq” on September 27, 2018. More interesting news about Principal Financial Group, Inc. (NASDAQ:PFG) were released by: Nasdaq.com and their article: “Is Principal Financial (PFG) a Great Value Stock Right Now? – Nasdaq” published on October 15, 2018 as well as Nasdaq.com‘s news article titled: “Relative Strength Alert For Principal Financial Group – Nasdaq” with publication date: October 23, 2018.

Principal Financial Group, Inc. (NASDAQ:PFG) Institutional Positions Chart

Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.

Source

Leave A Reply

Your email address will not be published.