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Is Principal Financial Stock Underperforming the S&P 500?

Des Moines, Iowa-based Principal Financial Group, Inc. (PFG) provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients. Valued at a market cap of 18billion,thecompanysservicesincludepensionplans,annuities,mutualfunds,assetmanagement,lifeinsurance,andspecialtybenefits,helpingclientssave,invest,protect,andretire.Companiesworth18 billion, the company’s services include pension plans, annuities, mutual funds, asset management, life insurance, and specialty benefits, helping clients save, invest, protect, and retire. Companies worth 10 billion or more are typically classified as “large-cap stocks,” and PFG fits the ...