Mitsubishi UFJ Asset Management Co. Ltd. Buys 33,246 Shares of Principal Financial Group, Inc. $PFG

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Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Principal Financial Group (NYSE:PFG) by 8.3% in the third quarter, acquiring an additional 33,246 shares to own a total of 433,407 shares valued at $35.93 million. Other institutional investors also adjusted their stakes in PFG, which currently has a “Hold” rating from analysts with a consensus target price of $93.89. Principal Financial Group recently announced an increased quarterly dividend of $0.80 per share, yielding 3.4%.

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