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Principal Financial Group Inc. Sells 64,921 Shares of Tri Pointe Homes Inc. $TPH
Principal Financial Group Inc. recently reduced its stake in Tri Pointe Homes Inc. by 13.3%, selling over 64,000 shares but still maintaining a significant holding. Institutional ownership for Tri Pointe Homes remains high at 97.01%, with several other institutional investors also adjusting their positions. Analysts have a “Moderate Buy” consensus rating for the company, with a target price of $39.40.