Old Second National Bank Of Aurora Has Trimmed Principal Financial Group (PFG) Position; Methode Electronics (MEI) Sellers Increased By 2.7% Their Shorts

Methode Electronics, Inc. (NYSE:MEI) Logo

Old Second National Bank Of Aurora decreased Principal Financial Group Inc (PFG) stake by 44.08% reported in 2018Q4 SEC filing. Old Second National Bank Of Aurora sold 14,708 shares as Principal Financial Group Inc (PFG)’s stock rose 1.99%. The Old Second National Bank Of Aurora holds 18,658 shares with $824,000 value, down from 33,366 last quarter. Principal Financial Group Inc now has $15.27 billion valuation. The stock increased 2.64% or $1.41 during the last trading session, reaching $54.87. About 1.16M shares traded. Principal Financial Group, Inc. (NYSE:PFG) has declined 16.06% since April 14, 2018 and is downtrending. It has underperformed by 20.43% the S&P500. Some Historical PFG News: 08/03/2018 – Moody’s Rates Principal Financial’s Guaranteed P-Caps Securities Baa1; Stable Outlook; 16/04/2018 – PFG REPORTS PRINCIPAL INTL OTHER ENTITIES AUM $173.8B MARCH 31; 30/05/2018 – PRINCIPAL EXPANDS DIGITAL REACH WITH ROBUSTWEALTH PURCHASE; 26/04/2018 – PRINCIPAL FINANCIAL AUM $673.8B; 02/05/2018 – Principal Names New Chief Human Resources Officer; 10/05/2018 – ALTIMMUNE INC – COMMENCED A SEARCH FOR CZEREPAK’S REPLACEMENT AS PRINCIPAL FINANCIAL OFFICER AND PRINCIPAL ACCOUNTING OFFICER; 16/04/2018 – PRINCIPAL FINANCIAL GROUP INC SAYS AS OF MARCH 31, AUM BY ASSET MANAGER WERE $423.8 BILLION FOR PRINCIPAL GLOBAL INVESTORS – SEC FILING; 03/04/2018 – Aflac Names J. Todd Daniels as EVP; Principal Financial Officer, Aflac Japan and Albert A. Riggieri as SVP, Global Chief Risk Officer and Chief Actuary, Aflac Incorporated; 12/04/2018 – CS PFG REPORTS FORMATION OF DIRECTS & CO-INVESTMENTS GROUP; 25/04/2018 – Principal® Innovates Underwriting Process to Help Break Down Barriers to Insurance Coverage

Methode Electronics Inc (NYSE:MEI) had an increase of 2.7% in short interest. MEI’s SI was 1.22M shares in April as released by FINRA. Its up 2.7% from 1.19 million shares previously. With 190,000 avg volume, 6 days are for Methode Electronics Inc (NYSE:MEI)’s short sellers to cover MEI’s short positions. The SI to Methode Electronics Inc’s float is 3.48%. The stock increased 0.20% or $0.06 during the last trading session, reaching $29.86. About 147,915 shares traded. Methode Electronics, Inc. (NYSE:MEI) has declined 23.63% since April 14, 2018 and is downtrending. It has underperformed by 28.00% the S&P500. Some Historical MEI News: 15/03/2018 – Methode Electronics’ Board Approves Dividend; 27/04/2018 – BANK OF CHINA LTD 3988.HK – APPROVED APPOINTMENT OF MEI FEIQI AS SECRETARY TO BOARD; 22/03/2018 – SHOUGANG CONCORD GRAND NAMES CHAN SO MEI AS COMPANY SECRETARY; 12/03/2018 – METHODE SAYS RONALD TSOUMAS TO SUCCEED JOHN HRUDICKA AS CFO; 16/05/2018 – TAI KAM HOLDINGS LTD 8321.HK – LAU MEI CHAI HAS RESIGNED AS AN EXECUTIVE DIRECTOR; 22/05/2018 – Methode Electronics Presenting at Conference Tomorrow; 29/05/2018 – Trivedi Global, Inc. and Su-Mei Liu Announce Research Results on the Impact of a Biofield Energy Treated Nutraceutical for Decr; 29/05/2018 – Trivedi Global, Inc. and Su-Mei Liu Announce the Research Results on the Impact of a Biofield Energy Treated Nutraceutical for; 29/05/2018 – Trivedi Global, Inc. and Su-Mei Liu Announce Research Results on the Impact of a Biofield Energy Treated Nutraceutical for Decreasing lnflammation and Autoimmune Disorders; 12/03/2018 – METHODE ELECTRONICS INC MEI.N – RONALD TSOUMAS, CURRENTLY METHODE’S CONTROLLER AND TREASURER, HAS BEEN PROMOTED TO SUCCEED HRUDICKA

Methode Electronics, Inc. designs, manufactures, and markets component and subsystem devices worldwide. The company has market cap of $1.10 billion. The firm operates through four divisions: Automotive, Interface, Power Products, and Other. It has a 10.61 P/E ratio. The Automotive segment offers electronic and electro-mechanical devices, and related products to automobile original equipment manufacturers directly or through their tiered suppliers.

Among 2 analysts covering Methode Electronics (NYSE:MEI), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Methode Electronics had 5 analyst reports since December 4, 2018 according to SRatingsIntel. The rating was maintained by FBR Capital with “Buy” on Friday, March 8. The company was upgraded on Tuesday, December 4 by Robert W. Baird.

More notable recent Methode Electronics, Inc. (NYSE:MEI) news were published by: Globenewswire.com which released: “Methode Electronics’ Board Approves Dividend NYSE:MEI – GlobeNewswire” on March 15, 2019, also Globenewswire.com with their article: “Methode Acquires Grakon NYSE:MEI – GlobeNewswire” published on September 12, 2018, Globenewswire.com published: “Methode Electronics to Announce Third-Quarter Fiscal 2019 Results on Thursday, March 7, 2019 – GlobeNewswire” on February 21, 2019. More interesting news about Methode Electronics, Inc. (NYSE:MEI) were released by: Globenewswire.com and their article: “Methode Electronics, Inc. Reports Fiscal 2019 Second-Quarter Sales and Earnings – GlobeNewswire” published on December 06, 2018 as well as Globenewswire.com‘s news article titled: “Methode Electronics, Inc. Reports Fiscal 2019 Third-Quarter Sales and Earnings – GlobeNewswire” with publication date: March 07, 2019.

Analysts await Principal Financial Group, Inc. (NASDAQ:PFG) to report earnings on April, 25. They expect $1.25 earnings per share, down 10.71% or $0.15 from last year’s $1.4 per share. PFG’s profit will be $347.89M for 10.97 P/E if the $1.25 EPS becomes a reality. After $1.11 actual earnings per share reported by Principal Financial Group, Inc. for the previous quarter, Wall Street now forecasts 12.61% EPS growth.

Since November 5, 2018, it had 1 insider purchase, and 3 insider sales for $1.06 million activity. 1,000 Principal Financial Group, Inc. (NASDAQ:PFG) shares with value of $50,000 were sold by LAWLER JULIA M. 900 shares were sold by Friedrich Amy Christine, worth $44,100 on Thursday, January 17. GELATT DANIEL bought $1.20 million worth of Principal Financial Group, Inc. (NASDAQ:PFG) on Monday, November 5.

Investors sentiment decreased to 0.96 in Q4 2018. Its down 0.18, from 1.14 in 2018Q3. It turned negative, as 57 investors sold PFG shares while 145 reduced holdings. 61 funds opened positions while 132 raised stakes. 197.29 million shares or 0.74% more from 195.85 million shares in 2018Q3 were reported. Veritas Inv Mngmt Limited Liability Partnership reported 4,700 shares. Royal Bancorp Of Canada accumulated 181,938 shares. Optimum Inv Advisors invested 0.03% of its portfolio in Principal Financial Group, Inc. (NASDAQ:PFG). Alps has 0.32% invested in Principal Financial Group, Inc. (NASDAQ:PFG). Korea Inv Corporation owns 3,365 shares. Homrich Berg reported 4,743 shares. Moreover, Stifel Fincl Corp has 0% invested in Principal Financial Group, Inc. (NASDAQ:PFG). Vigilant Management Limited holds 0.01% in Principal Financial Group, Inc. (NASDAQ:PFG) or 1,250 shares. State Of Tennessee Treasury Department reported 68,216 shares. Benjamin F Edwards reported 100 shares. Gemmer Asset Mngmt holds 0.01% of its portfolio in Principal Financial Group, Inc. (NASDAQ:PFG) for 374 shares. Lazard Asset Mngmt Ltd Liability Corporation accumulated 30,274 shares. Toronto Dominion National Bank invested in 148,375 shares. Srb Corp accumulated 11,569 shares. 9,993 are held by Ferguson Wellman Cap.

More notable recent Principal Financial Group, Inc. (NASDAQ:PFG) news were published by: Investorplace.com which released: “3 Big Stock Charts for Tuesday: Westrock, Cabot Oil & Gas and Principal Financial Group – Investorplace.com” on April 09, 2019, also Streetinsider.com with their article: “Principal Financial (PFG) to acquire Wells Fargo (WFC) Institutional Retirement & Trust Business for $1.2 billion – StreetInsider.com” published on April 09, 2019, Businesswire.com published: “Performance Food Group Company to Acquire Eby-Brown Company LLC – Business Wire” on March 19, 2019. More interesting news about Principal Financial Group, Inc. (NASDAQ:PFG) were released by: Seekingalpha.com and their article: “Principal Financial close to acquiring Wells Fargo retirement unit: Reuters – Seeking Alpha” published on March 18, 2019 as well as Nasdaq.com‘s news article titled: “Financial Sector Update for 04/09/2019: DB,BKSC,CNS,PFG,WFC – Nasdaq” with publication date: April 09, 2019.

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

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