PNC Financial Services Group, Inc

Lloyd Doyle
September 21, 2017

(The) were worth $8,721,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Whereas, in last 21 trading days (one month) was surged -11.09% and surged in last 63 trading days (quarter) of 2.34%. Jacobus Wealth Management Inc. now owns 1,494 shares of the financial services provider's stock valued at $180,000 after buying an additional 53 shares in the last quarter. Finally, Snow Capital Management LP purchased a new stake in PNC Financial Services Group, Inc. (The) by 19.4% during the 1st quarter. The last session's volume was 5,118,931 compared to its average daily volume of 1.53M shares.

Home Bancshares, Inc. (Conway, AR) (HOMB) pays out an annual dividend of 0.44 per share. The Ohio-based Foster Motley has invested 0.22% in PNC Financial Services Group Inc (NYSE:PNC). (The) by 0.6% during the 1st quarter. (The) by 3.7% during the first quarter.

In other PNC Financial Services Group, (The) news, executive Michael J. Hannon unloaded 24,111 stocks of PNC Financial Services Group, (The) shares in a trade on early Wed, Jul 19th. (The) by 275.3% during the 1st quarter. Finally, American Century Companies Inc. increased its position in shares of PNC Financial Services Group, Inc. (The) by 16.8% during the 2nd quarter. Lederer Assoc Inv Counsel Ca has invested 0.26% in PNC Financial Services Group Inc (NYSE:PNC). Ledyard National Bank lifted its stake in PNC Financial Services Group, Inc. The share price has yet to cross its 20 days moving average, floating at a distance of -2.18% and sits -0.35% lower versus its 50 days moving average. As a large-cap stock with high coverage by analysts, you could assume any recent changes in the company's outlook is already priced into the stock. The rating was maintained by Jefferies on Friday, August 11 with "Hold". (The) (NYSE:PNC) last released its earnings results on Friday, July 14th. The financial services provider reported $2.10 EPS for the quarter, topping analysts' consensus estimates of $2.02 by $0.08. Currently, News Corporation net profit margin for the 12 months is at 0%. The company had revenue of $4.06 billion for the quarter, compared to analyst estimates of $3.97 billion. They expect $2.12 EPS, up 15.22% or $0.28 from last year's $1.84 per share. Equities analysts forecast that PNC Financial Services Group, Inc. will post $8.41 EPS for the current year. Shares repurchase plans are generally an indication that the company's management believes its stock is undervalued. The shares were sold at an average price of $126.45, for a total value of $3,048,835.95. Following the completion of the sale, the insider now directly owns 83,931 shares of the company's stock, valued at approximately $10,613,074.95. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. PNC's optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value. Polar Cap Ltd Liability Partnership accumulated 81,300 shares or 0.15% of the stock. "(The) (PNC)" was originally reported by Week Herald and is the sole property of of Week Herald. If you are accessing this article on another domain, it was illegally stolen and republished in violation of US & worldwide copyright and trademark law. PNC Financial Services had 62 analyst reports since August 6, 2015 according to SRatingsIntel.

Among 13 analysts covering Rent-A-Center Inc (NASDAQ:RCII), 5 have Buy rating, 3 Sell and 5 Hold.

For the past 5 years, The PNC Financial Services Group, Inc.'s EPS growth has been almost 5.4%. (The) in a research report on Thursday, June 8th. Also, insider Wyk Steven C. Van sold 5,000 shares of PNC Financial Services Group, Inc. Loop Capital Markets maintained the shares of RCII in report on Thursday, August 17 with "Sell" rating. Oregon Employees Retirement Fund holds 0.12% of its portfolio in PNC Financial Services Group Inc (NYSE:PNC) for 51,168 shares. (The) from a "buy" rating to a "hold" rating in a report on Monday, July 10th. The firm owned 913,682 shares of the financial services provider's stock after selling 27,692 shares during the quarter. The company was maintained on Tuesday, July 25 by Deutsche Bank. Nomura boosted their target price on PNC Financial Services Group, Inc. The stock has "Neutral" rating by Hilliard Lyons on Friday, October 2. Two research experts recommended the company shares with a sell recommendation, thirteen has issued a hold recommendation, nine have published a buy recommendation and 1 have issued a strong buy recommendation to The corporation. the share presently has a average recommendation of "Hold" and a consensus price objective of $124.32.

About PNC Financial Services Group, Inc.

PNC Financial Services Group, (The) (NYSE:PNC) previously announced its periodic earnings reports on early Fri, Jul 14th. Company's return on equity, which is really just the product of the company's profit margin, asset turnover, and financial leverage ratios, is 13.70%, which is worse than the Money Center Banks industry average ROE.

Other reports by Iphone Fresh

Discuss This Article