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Kerusso Capital Management LLC Increases Stake in Principal Financial Group, Inc. $PFG
Kerusso Capital Management LLC significantly increased its stake in Principal Financial Group (NASDAQ:PFG) by 174.2% in the fourth quarter of an unspecified year, now owning 50,822 shares valued at $4.48 million. This makes PFG the 18th largest position in Kerusso’s portfolio, with institutional investors holding approximately 75.08% of the company’s stock. Principal Financial Group has also raised its quarterly dividend to $0.82, offering an annualized yield of 3.4%, and currently holds a “Hold” consensus rating from analysts with an average price target of $93.44.