Beacon Financial Group Has Trimmed Principal Financial Group (PFG) Position By $4.33 Million; Synovus Financial Corp. (SNV) Covered By 8 Bulls

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

Among 19 analysts covering Synovus Financial Corp. (NYSE:SNV), 8 have Buy rating, 0 Sell and 11 Hold. Therefore 42% are positive. Synovus Financial Corp. has $62.0 highest and $26 lowest target. $49’s average target is -3.05% below currents $50.54 stock price. Synovus Financial Corp. had 58 analyst reports since July 22, 2015 according to SRatingsIntel. The company was maintained on Friday, August 11 by Jefferies. As per Wednesday, October 18, the company rating was maintained by Jefferies. Hovde Group maintained the stock with “Outperform” rating in Friday, August 19 report. Bank of America downgraded Synovus Financial Corp. (NYSE:SNV) on Wednesday, June 29 to “Neutral” rating. The firm earned “Market Perform” rating on Wednesday, April 20 by Raymond James. The company was downgraded on Tuesday, November 29 by Keefe Bruyette & Woods. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, December 21. As per Friday, August 25, the company rating was maintained by Robert W. Baird. The stock of Synovus Financial Corp. (NYSE:SNV) earned “Hold” rating by Robert W. Baird on Tuesday, January 2. The firm has “Hold” rating given on Monday, September 25 by Keefe Bruyette & Woods. See Synovus Financial Corp. (NYSE:SNV) latest ratings:

07/03/2018 Broker: Morgan Stanley Old Rating: Underperform New Rating: Equal-Weight Old Target: $52 Upgrade
26/02/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $55.0 Maintain
26/01/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underperform Old Target: $50 New Target: $52 Maintain
24/01/2018 Broker: Stephens Rating: Buy New Target: $56.0 Maintain
23/01/2018 Broker: RBC Capital Markets Rating: Buy New Target: $55.0 Maintain
23/01/2018 Broker: Hovde Group Rating: Hold New Target: $53.0 Maintain
23/01/2018 Broker: Sandler O’Neill Rating: Buy New Target: $57.0 Maintain
23/01/2018 Broker: SunTrust Rating: Buy New Target: $62.0 Maintain
24/01/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $53 New Target: $55 Maintain
24/01/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $55 New Target: $56 Maintain

Beacon Financial Group decreased Principal Financial Group (PFG) stake by 47.34% reported in 2017Q4 SEC filing. Beacon Financial Group sold 61,886 shares as Principal Financial Group (PFG)’s stock declined 17.50%. The Beacon Financial Group holds 68,839 shares with $4.86 million value, down from 130,725 last quarter. Principal Financial Group now has $17.76B valuation. The stock increased 0.44% or $0.27 during the last trading session, reaching $61.31. About 1.95 million shares traded or 25.86% up from the average. Principal Financial Group, Inc. (NYSE:PFG) has declined 5.35% since April 6, 2017 and is downtrending. It has underperformed by 16.90% the S&P500.

The stock increased 0.02% or $0.01 during the last trading session, reaching $50.54. About 716,335 shares traded. Synovus Financial Corp. (NYSE:SNV) has risen 23.40% since April 6, 2017 and is uptrending. It has outperformed by 11.85% the S&P500.

Investors sentiment increased to Infinity in 2017 Q4. Its up Infinity, from 0 in 2017Q3. It is positive, as 0 investors sold Synovus Financial Corp. shares while 0 reduced holdings. 1 funds opened positions while 1 raised stakes. 69,726 shares or 511.63% more from 11,400 shares in 2017Q3 were reported. Kcm Invest Advsrs Ltd Liability Co reported 12,263 shares or 0.02% of all its holdings. American Research And Mngmt invested 0.18% in Synovus Financial Corp. (NYSE:SNV).

Synovus Financial Corp. operates as the bank holding firm for Synovus Bank that provides various financial services and products. The company has market cap of $6.00 billion. It offers integrated financial services, including commercial and retail banking, financial management, insurance, and mortgage services. It has a 23.29 P/E ratio. The companyÂ’s commercial banking services comprise cash management, asset management, capital market, and institutional trust services, as well as commercial, financial, and real estate loans.

Since October 19, 2017, it had 0 buys, and 5 sales for $988,207 activity. HOLLADAY MARK G had sold 5,000 shares worth $250,800 on Thursday, February 1. TOMLINSON PHILIP W also sold $51,359 worth of Synovus Financial Corp. (NYSE:SNV) on Friday, December 8. Another trade for 2,450 shares valued at $123,039 was sold by Gula Allen J. 10,000 Synovus Financial Corp. (NYSE:SNV) shares with value of $462,900 were sold by Copeland R Dallis JR.

Analysts await Principal Financial Group, Inc. (NASDAQ:PFG) to report earnings on April, 26. They expect $1.37 EPS, up 7.87% or $0.10 from last year’s $1.27 per share. PFG’s profit will be $396.83 million for 11.19 P/E if the $1.37 EPS becomes a reality. After $1.19 actual EPS reported by Principal Financial Group, Inc. for the previous quarter, Wall Street now forecasts 15.13% EPS growth.

Investors sentiment increased to 1.39 in 2017 Q4. Its up 0.21, from 1.18 in 2017Q3. It improved, as 28 investors sold PFG shares while 150 reduced holdings. 75 funds opened positions while 172 raised stakes. 196.66 million shares or 1.15% more from 194.42 million shares in 2017Q3 were reported. Aviva Pcl has 0.06% invested in Principal Financial Group, Inc. (NASDAQ:PFG). Gam Holdg Ag holds 0.04% or 17,131 shares in its portfolio. Nippon Life owns 18.14 million shares. Ferguson Wellman Capital Mngmt has 470,471 shares. State Of Alaska Department Of Revenue has invested 0.1% of its portfolio in Principal Financial Group, Inc. (NASDAQ:PFG). Lombard Odier Asset Mgmt (Switzerland) stated it has 19,132 shares or 0.13% of all its holdings. Cibc Ww Corporation holds 54,315 shares. Da Davidson Co has invested 0.05% of its portfolio in Principal Financial Group, Inc. (NASDAQ:PFG). Glenmede Com Na, a Pennsylvania-based fund reported 604,638 shares. First Fincl In stated it has 0.04% of its portfolio in Principal Financial Group, Inc. (NASDAQ:PFG). Great West Life Assurance Com Can invested in 0.04% or 238,849 shares. North Star Asset Mgmt has invested 1.93% in Principal Financial Group, Inc. (NASDAQ:PFG). Profund Advsrs Ltd Company holds 8,532 shares. Amg Bancorporation holds 0.32% or 70,857 shares in its portfolio. Commonwealth Of Pennsylvania School Empls Retrmt holds 24,021 shares or 0.02% of its portfolio.

Beacon Financial Group increased Conduent Inc stake by 53,791 shares to 100,045 valued at $1.62M in 2017Q4. It also upped Ishares stake by 6,591 shares and now owns 167,606 shares. Cvs Caremark Corporation (NYSE:CVS) was raised too.

Since October 18, 2017, it had 0 insider purchases, and 11 sales for $25.11 million activity. Houston Daniel Joseph sold $5.03 million worth of Principal Financial Group, Inc. (NASDAQ:PFG) on Friday, January 5. On Thursday, October 19 Everett Nora Mary sold $88,196 worth of Principal Financial Group, Inc. (NASDAQ:PFG) or 1,297 shares. SHAFF KAREN E sold $720,090 worth of stock. SCHOLTEN GARY P sold $1.74M worth of Principal Financial Group, Inc. (NASDAQ:PFG) on Monday, January 8. Another trade for 47,662 shares valued at $3.34M was sold by Valdes Luis E..

Among 18 analysts covering Principal Financial Group Inc. (NYSE:PFG), 5 have Buy rating, 1 Sell and 12 Hold. Therefore 28% are positive. Principal Financial Group Inc. has $80.0 highest and $35 lowest target. $64.07’s average target is 4.50% above currents $61.31 stock price. Principal Financial Group Inc. had 45 analyst reports since August 18, 2015 according to SRatingsIntel. RBC Capital Markets maintained Principal Financial Group, Inc. (NASDAQ:PFG) rating on Tuesday, September 5. RBC Capital Markets has “Buy” rating and $74.0 target. The firm has “Buy” rating by RBC Capital Markets given on Friday, July 28. J.P. Morgan upgraded the stock to “Hold” rating in Monday, February 12 report. The rating was maintained by Wood with “Outperform” on Friday, April 7. Citigroup downgraded Principal Financial Group, Inc. (NASDAQ:PFG) on Tuesday, January 5 to “Sell” rating. The firm has “Outperform” rating by RBC Capital Markets given on Friday, October 23. As per Thursday, January 26, the company rating was initiated by Citigroup. The stock of Principal Financial Group, Inc. (NASDAQ:PFG) earned “Outperform” rating by Wells Fargo on Friday, September 23. The company was maintained on Thursday, August 31 by Keefe Bruyette & Woods. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Hold”.

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