Principal Financial Stock: Cheap Enough To Buy Given Capital Returns (Upgrade) (PFG)

Core Viewpoint - Shares of Principal Financial Group (NASDAQ: PFG) have underperformed over the past year, with a 6% decline in value, despite the company's efforts to return capital to investors [1] Group 1: Company Performance - The operating performance of Principal Financial Group has been mixed, particularly in certain segments [1] Group 2: Capital Return - The company has been aggressively returning capital to investors, but much of this has already been priced into the stock [1]