Economy

PNC Financial Services Group, Inc. (The) (PNC) Position Lifted by Rhumbline Advisers

The stock rose 0.31% or $0.41 reaching $132.89 per share. PNC Financial Services had 79 analyst reports since August 6, 2015 according to SRatingsIntel. (PNC) exchanged hands at an unexpectedly high level of 1.93 million shares over the course of the day. Mitsubishi UFJ Kokusai Asset Management Co. Morgan Stanley reiterated an "equal weight" rating and issued a $127.00 price objective (up from $121.00) on shares of PNC Financial Services Group, Inc. Wright Investors Service Inc. now owns 9,907 shares of the company's stock valued at $806,000 after buying an additional 346 shares in the last quarter. Deutsche Bank downgraded PNC Financial Services Group Inc (NYSE:PNC) on Tuesday, September 26 to "Hold" rating. Proficio Capital Partners LLC now owns 762 shares of the financial services provider's stock valued at $100,000 after acquiring an additional 710 shares during the last quarter. More interesting news about PNC Financial Services Group Inc (NYSE:PNC) were released by: Bizjournals.com and their article: "PNC creates new region based in Jacksonville" published on October 19, 2017 as well as Gurufocus.com's news article titled: "Donaldson Capital Management, Llc Buys PNC Financial Services Group Inc ..." with publication date: November 08, 2017. Decatur Capital Management Inc. now owns 83,806 shares of the financial services provider's stock worth $11,295,000 after buying an additional 45,675 shares during the last quarter. Amica Pension Fund Board Of Trustees has invested 0.41% in PNC Financial Services Group Inc (NYSE:PNC). (The) by 2.6% in the second quarter. The PNC Financial Services Group, Inc. has 476.05 million shares outstanding, and in the last trade has seen ATR around 2.01. (The) by 729.9% in the 3rd quarter. The Company operates through six segments: Retail Banking, Corporate & Institutional Banking, Asset Management Group, Residential Mortgage Banking, BlackRock and Non-Strategic Assets Portfolio. Alabama-based Aull & Monroe Inv Mgmt has invested 0.21% in PNC Financial Services Group Inc (NYSE:PNC). If you are viewing this piece on another publication, it was illegally copied and republished in violation of US and global copyright laws. Cincinnati Financial Corp boosted its stake in PNC Financial Services Group by 14.3% in the second quarter. PNC Financial Services Group, Inc. Vetr lowered PNC Financial Services Group from a "buy" rating to a "hold" rating and set a $95.48 target price on the stock.in a research report on Thursday, October 20th. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.92 and a quick ratio of 0.92. (The) from $130.00 to $145.00 and gave the company a "top pick" rating in a research note on Monday, October 16th. FDx Advisors Inc. now owns 12,372 shares of the financial services provider's stock worth $1,667,000 after acquiring an additional 1,218 shares in the last quarter. Analysts forecast earnings per share of $2.23, up exactly $0.26 or 13.20 % from 2014's $1.97 EPS. The company's revenue for the quarter was down.3% compared to the same quarter a year ago. During the same quarter previous year, the business posted $1.84 EPS. (The)'s revenue for the quarter was up 7.7% compared to the same quarter last year. equities analysts expect that PNC Financial Services Group, Inc. will post 8.43 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Sunday, November 5th.

Investors sentiment increased to 0.93 in 2017 Q2. This represents a $2.20 annualized dividend and a dividend yield of 1.89%. (The)'s payout ratio is presently 36.63%.

COPYRIGHT VIOLATION NOTICE: "PNC Financial Services Group, Inc". (The) news, insider Karen L. Larrimer sold 3,135 shares of the stock in a transaction on Monday, October 30th. The shares were sold at an average price of $136.98, for a total transaction of $429,432.30. Following the sale, the insider now owns 20,449 shares of the company's stock, valued at approximately $2,801,104.02. The firm has a market cap of $63,034.13, a P/E ratio of 16.18, a price-to-earnings-growth ratio of 1.77 and a beta of 0.91. The shares were sold at an average price of $135.00, for a total transaction of $675,000.00. The disclosure for this sale can be found here. Genesee Valley Co holds 9,360 shares.

Several analysts recently weighed in on PNC shares. Robert W. Baird maintained PNC Financial Services Group Inc (NYSE:PNC) on Friday, September 29 with "Buy" rating. Finally, Capital World Investors grew its stake in PNC Financial Services Group, Inc. The firm earned "Buy" rating on Thursday, July 27 by RBC Capital Markets. Raab Moskowitz Asset Mngmt Ltd Liability Com reported 1.47% in PNC Financial Services Group Inc (NYSE:PNC). The rating was maintained by Credit Suisse with "Neutral" on Monday, July 17. Carroll Financial Incorporated holds 0.03% of its portfolio in PNC Financial Services Group Inc (NYSE:PNC) for 2,226 shares. Cantor Fitzgerald maintained Sound Energy PLC (LON:SOU) on Monday, December 12 with "Buy" rating. Banced Corp holds 0.86% of its portfolio in PNC Financial Services Group Inc (NYSE:PNC) for 3,718 shares.



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