Economy

Pnc Financial Services Group (NYSE:PNC) Short Interest Decreased By 2

The Texas-based Svcs Automobile Association has invested 0.23% in PNC Financial Services Group Inc (NYSE:PNC). (The) were worth $9,623,000 as of its most recent filing with the Securities & Exchange Commission. It dived, as 10 investors sold Aware, Inc. shares while 10 reduced holdings. The Johnson Investment Counsel Inc holds 295,500 shares with $36.90 million value, down from 302,814 last quarter. Hartford Financial Services Group, Inc. has a one year low of $43.18 and a one year high of $57.16. (The) during the second quarter valued at $148,000. The stock has "Buy" rating by Argus Research on Monday, October 17. Adirondack Tru holds 0.02% of its portfolio in PNC Financial Services Group Inc (NYSE:PNC) for 185 shares. (The) by 34.0% in the first quarter. Company Of Virginia Va accumulated 0.21% or 10,866 shares. PNC Financial Services Group Inc (NYSE:PNC) has risen 35.14% since November 4, 2016 and is uptrending. (The) during the second quarter worth about $129,000. Freshpet Inc had 25 analyst reports since August 13, 2015 according to SRatingsIntel. (The) by 26,810.0% during the second quarter.

More notable recent PNC Financial Services Group Inc (NYSE:PNC) news were published by: Seekingalpha.com which released: "The PNC Financial Services Group's (PNC) CEO Bill Demchak on Q3 2017 Results ..." on October 13, 2017, also Bizjournals.com with their article: "PNC branch closure an opportunity for Community Bank" published on October 23, 2017, Bizjournals.com published: "Lending strategies paying off for PNC, CEO says" on October 13, 2017. Hedge funds and other institutional investors own 91.80% of the company's stock. Finally, FBR & Co cut their target price on shares of The Hartford Financial Services Group from $50.00 to $47.00 and set an "outperform" rating for the company in a research report on Wednesday, August 10th. The stock increased 0.16% or $0.23 on November 3, reaching $138.64. 1,010,000 shares of the company's stock traded hands, compared to its average volume of 1,680,000. Its up 0.09, from 0.84 in 2017Q1. Pnc Financial Grp invested 0% of its portfolio in Nautilus, Inc. The stock has a market cap of $65,970.00, a P/E ratio of 16.90, a P/E/G ratio of 1.85 and a beta of 0.91. (PNC) opened at $138.64 on Friday. Bank of America Corp. lowered shares of The Hartford Financial Services Group from a "buy" rating to a "neutral" rating in a research report on Wednesday. (The) had a net margin of 24.61% and a return on equity of 9.29%. The firm earned $4.70 billion during the quarter, compared to analysts' expectations of $4.68 billion.

On Wednesday, July 26th, Wyk Steven C. Van sold 5,000 shares of PNC Financial Services Group, Inc.

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, November 5th. Stockholders of record on Tuesday, October 17th will be issued a dividend of $0.75 per share. The ex-dividend date of this dividend is Tuesday, November 29th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.16%. The Hartford Financial Services Group's dividend payout ratio is now 24.28%. The firm earned "Hold" rating on Sunday, June 25 by Canaccord Genuity. The shares were sold at an average price of $135.00, for a total value of $675,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Karen L. Larrimer sold 3,135 shares of the firm's stock in a transaction that occurred on Monday, October 30th.

In addition to Zacks Investment Research reporting its stock price target, a total of 26 brokers have issued a research note on the company. Manufacturers Life Insurance Commerce The reported 20,598 shares. The disclosure for this sale can be found here. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 0.28.

Several equities analysts have weighed in on the stock. Mackenzie Financial Corp raised its position in shares of The Hartford Financial Services Group by 0.5% in the second quarter. The company presently has an average rating of "Hold" and a consensus price target of $133.99. Silvercrest Asset Group Limited Liability invested 0.03% in Hartford Financial Services Group Inc (NYSE:HIG). (The) in a report on Tuesday, October 3rd. Architects has invested 0.1% of its portfolio in PNC Financial Services Group Inc (NYSE:PNC). (The) in a report on Monday, October 9th. Piper Jaffray Companies reaffirmed a "buy" rating and set a $134.00 price target on shares of PNC Financial Services Group, Inc. The rating was maintained by RBC Capital Markets on Tuesday, October 27 with "Sector Perform". They noted that the move was a valuation call. Robert W. Baird reaffirmed a "buy" rating and set a $135.00 price target on shares of PNC Financial Services Group, Inc. (The) in a report on Friday, October 6th.

Among 31 analysts covering PNC Financial Services (NYSE:PNC), 10 have Buy rating, 1 Sell and 20 Hold. Howard Hughes Medical Institute purchased a new position in Hartford Financial Services Group, Inc. Jpmorgan Chase & Co owns 0% invested in Ashford Hospitality Prime Inc (NYSE:AHP) for 615,539 shares. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of United States and worldwide trademark & copyright law. The original version of this article can be read at https://www.dispatchtribunal.com/2017/11/04/xact-kapitalforvaltning-ab-grows-holdings-in-pnc-financial-services-group-inc-the-pnc.html. Hartford Finl Svcs Group Inc now has $19.92B valuation. The Company has businesses engaged in retail banking, including residential mortgage, corporate and institutional banking and asset management. The Firm operates through four divisions: Retail Banking, Corporate & Institutional Banking, Asset Management Group, and BlackRock.



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