Principal Financial Group: Capital Returns Reflected In Valuation (Downgrade) (NASDAQ:PFG)

Core Viewpoint - Principal Financial Group (PFG) has shown strong performance over the past year, with a stock price increase of approximately 14% and reaching a 52-week high recently [1] Group 1: Stock Performance - PFG's stock has gained about 14% over the past year [1] - The stock has recently rallied to a 52-week high [1] Group 2: Valuation and Returns - The company has experienced mixed performance previously, but a more attractive valuation and ongoing capital returns have contributed to its recent success [1]