Mairs & Power Has Cut By $929,472 Its Principal Financial (PFG) Holding; Grace & White Has Upped Its Helmerich & Payne (HP) Stake

December 7, 2017 - By Dolores Ford

Grace & White Inc increased Helmerich & Payne Inc (HP) stake by 18.19% reported in 2017Q2 SEC filing. Grace & White Inc acquired 29,300 shares as Helmerich & Payne Inc (HP)’s stock declined 12.04%. The Grace & White Inc holds 190,345 shares with $10.34M value, up from 161,045 last quarter. Helmerich & Payne Inc now has $6.13B valuation. The stock decreased 2.37% or $1.37 during the last trading session, reaching $56.47. About 1.45 million shares traded. Helmerich & Payne, Inc. (NYSE:HP) has risen 4.51% since December 7, 2016 and is uptrending. It has underperformed by 12.19% the S&P500.

Mairs & Power Inc decreased Principal Financial (PFG) stake by 0.56% reported in 2017Q2 SEC filing. Mairs & Power Inc sold 14,523 shares as Principal Financial (PFG)’s stock declined 2.08%. The Mairs & Power Inc holds 2.58 million shares with $165.60 million value, down from 2.60M last quarter. Principal Financial now has $20.45 billion valuation. The stock increased 0.20% or $0.14 during the last trading session, reaching $70.82. About 945,736 shares traded. Principal Financial Group, Inc. (NYSE:PFG) has risen 43.60% since December 7, 2016 and is uptrending. It has outperformed by 26.90% the S&P500.




Mairs & Power Inc increased Ecolab Inc (NYSE:ECL) stake by 30,055 shares to 2.76 million valued at $366.19M in 2017Q2. It also upped Hub Group Inc Cl A (NASDAQ:HUBG) stake by 28,240 shares and now owns 222,280 shares. Lilly (Eli) (NYSE:LLY) was raised too.

Investors sentiment decreased to 1.06 in 2017 Q2. Its down 0.03, from 1.09 in 2017Q1. It is negative, as 30 investors sold PFG shares while 173 reduced holdings. 72 funds opened positions while 144 raised stakes. 193.64 million shares or 2.51% less from 198.64 million shares in 2017Q1 were reported. Cibc Ww Markets holds 7,105 shares. Next Gp Inc holds 0% or 750 shares. State Treasurer State Of Michigan holds 0.04% or 88,079 shares. Strs Ohio reported 17,662 shares. Virtus Inv Advisers holds 18,458 shares. Company Of Vermont reported 1,470 shares. Commonwealth Of Pennsylvania School Empls Retrmt System invested in 0.02% or 19,914 shares. Advisory Svcs Network holds 11,463 shares or 0.1% of its portfolio. Heartland Advsr has invested 0.37% of its portfolio in Principal Financial Group, Inc. (NYSE:PFG). Raymond James Financial Ser Advisors Incorporated holds 0.02% of its portfolio in Principal Financial Group, Inc. (NYSE:PFG) for 40,667 shares. Parkwood Lc reported 0.05% in Principal Financial Group, Inc. (NYSE:PFG). Qci Asset Management New York has 0% invested in Principal Financial Group, Inc. (NYSE:PFG) for 105 shares. Acadian Asset Mngmt Llc accumulated 829 shares. 599 are owned by Blume Management. Arete Wealth Advsr Ltd Liability Co has 5,829 shares for 0.17% of their portfolio.

Among 15 analysts covering Principal Financial Group Inc. (NYSE:PFG), 5 have Buy rating, 1 Sell and 9 Hold. Therefore 33% are positive. Principal Financial Group Inc. had 34 analyst reports since August 18, 2015 according to SRatingsIntel. The rating was maintained by Macquarie Research on Friday, October 23 with “Outperform”. Keefe Bruyette & Woods maintained the shares of PFG in report on Friday, November 10 with “Hold” rating. The rating was maintained by Keefe Bruyette & Woods on Thursday, August 31 with “Hold”. On Thursday, September 10 the stock rating was downgraded by Goldman Sachs to “Sell”. Wells Fargo maintained it with “Outperform” rating and $76 target in Thursday, October 19 report. The stock of Principal Financial Group, Inc. (NYSE:PFG) has “Neutral” rating given on Wednesday, June 29 by Bank of America. The rating was reinitiated by Wells Fargo on Friday, September 23 with “Outperform”. The rating was maintained by Barclays Capital with “Equal-Weight” on Friday, August 11. The rating was initiated by Citigroup with “Neutral” on Thursday, January 26. RBC Capital Markets maintained the shares of PFG in report on Tuesday, February 2 with “Outperform” rating.

Analysts await Principal Financial Group, Inc. (NYSE:PFG) to report earnings on January, 29. They expect $1.36 EPS, up 7.09% or $0.09 from last year’s $1.27 per share. PFG’s profit will be $392.71M for 13.02 P/E if the $1.36 EPS becomes a reality. After $1.28 actual EPS reported by Principal Financial Group, Inc. for the previous quarter, Wall Street now forecasts 6.25% EPS growth.

Since June 12, 2017, it had 0 buys, and 2 sales for $3.91 million activity. 21,950 shares valued at $1.43 million were sold by SCHOLTEN GARY P on Thursday, June 15. Shares for $2.48 million were sold by SHAFF KAREN E on Monday, June 12.

Grace & White Inc decreased Unumprovident Corp (NYSE:UNM) stake by 11,200 shares to 585,080 valued at $27.28M in 2017Q2. It also reduced Westport Fuel Systems Inc. (NASDAQ:WPRT) stake by 471,187 shares and now owns 1.62M shares. Hardinge Inc Com (NASDAQ:HDNG) was reduced too.

Among 35 analysts covering Helmerich & Payne (NYSE:HP), 9 have Buy rating, 9 Sell and 17 Hold. Therefore 26% are positive. Helmerich & Payne had 112 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was initiated by DA Davidson on Thursday, September 15 with “Buy”. Iberia Capital Partners maintained the stock with “Sector Perform” rating in Tuesday, December 15 report. The rating was maintained by iBERIA Capital Partners with “Sector Perform” on Monday, April 4. The rating was downgraded by Wells Fargo on Friday, July 7 to “Underperform”. Citigroup maintained Helmerich & Payne, Inc. (NYSE:HP) rating on Friday, August 14. Citigroup has “Sell” rating and $56 target. The firm has “Sector Perform” rating given on Friday, December 16 by RBC Capital Markets. The firm has “Underweight” rating by Jefferies given on Monday, July 11. JP Morgan upgraded the stock to “Underweight” rating in Wednesday, August 26 report. The firm earned “Neutral” rating on Friday, June 30 by Bank of America. The firm has “Sell” rating given on Thursday, July 13 by BMO Capital Markets.

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