Economy

PNC Financial Services Group Inc (NYSE:PNC) Shares Bought by BlackRock Inc

The stock has a market capitalization of $76,170.00, a price-to-earnings ratio of 15.35, a price-to-earnings-growth ratio of 1.47 and a beta of 0.93. The Union Bankshares Corp holds 25,907 shares with $3.49M value, up from 7,212 last quarter. Ashfield Capital Partners Llc who had been investing in Union Pac Corp for a number of months, seems to be bullish on the $106.24B market cap company. The stock increased 0.45% or $0.84 during the last trading session, reaching $186.59. About 2.39 million shares traded or 8.13% up from the average. (MUI) has declined 6.16% since February 24, 2017 and is downtrending. It has underperformed by 68.57% the S&P500.

UBS Asset Management Americas Inc. decreased its position in shares of PNC Financial Services Group Inc (NYSE:PNC) by 1.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). Brookfield Asset Management Inc sold 6,990 shares as Pnc Finl Svcs Group Inc (PNC)'s stock declined 6.38%. Mackay Shields Llc, a New York-based fund reported 800,000 shares. Zacks Investment Research raised PNC Financial Services Group from a "hold" rating to a "buy" rating and set a $154.00 price target for the company in a report on Tuesday, October 31st. The stock increased 1.58% or $2.49 during the last trading session, reaching $160.09. About 2.39M shares traded or 8.13% up from the average. BlackRock Inc. increased its position in PNC Financial Services Group by 1.5% during the 4th quarter. (NYSE:PNC) news were published by: Bizjournals.com which released: "PNC debuts new student loan option" on February 22, 2018, also Bizjournals.com with their article: "Here's why PNC Treasury Management is turning to an AI solution" published on February 22, 2018, Streetinsider.com published: "PNC Financial Services (PNC) Names William Parsley as COO" on February 22, 2018. It has outperformed by 18.44% the S&P500. (NYSE:PNC) shares were sold by Van Wyk Steven C. Therefore 56% are positive. The rating was maintained by RBC Capital Markets on Thursday, September 7 with "Buy". The rating was upgraded by KBW to "Market Perform" on Wednesday, September 2. The firm has "Buy" rating by Robert W. Baird given on Monday, August 28. (NYSE:PNC) has "Outperform" rating given on Tuesday, January 17 by Macquarie Research. Credit Suisse has "Neutral" rating and $126 target.

Investors sentiment decreased to 1.13 in Q3 2017. Its down 0.06, from 0.93 in 2017Q2. British Columbia Inv invested in 0.28% or 269,818 shares. 62 funds opened positions while 314 raised stakes. Legal General Grp Public Limited Company has invested 0.26% of its portfolio in The PNC Financial Services Group, Inc. Convergence Ltd Liability Corporation has invested 0.08% in The PNC Financial Services Group, Inc. (NYSE:GIS) for 333,207 shares. During the same quarter in the previous year, the business earned $1.97 earnings per share. (NYSE:NLS) for 114,402 shares. 5,000 shares valued at $809,578 were sold by ZOOK DENNIS R on Wednesday, October 4. Perritt owns 0.12% invested in Nautilus, Inc. Eagle Asset Mngmt owns 420,956 shares. M&T Financial Bank invested in 0.2% or 277,168 shares. Loomis Sayles And Limited Partnership stated it has 445,732 shares. Great West Life Assurance Communications Can holds 0.08% or 622,427 shares. Skylands Limited Liability Com invested in 0.26% or 115,000 shares.

Since October 19, 2017, it had 0 buys, and 5 selling transactions for $11.83 million activity. The insider Cazenave Bruce M. sold $146,653.

PNC Financial Services Group (NYSE:PNC) last posted its quarterly earnings results on Friday, January 12th. Therefore 36% are positive. PNC Financial Services had 98 analyst reports since August 6, 2015 according to SRatingsIntel.

Analysts await The PNC Financial Services Group, Inc. (NYSE:PNC) on Wednesday, January 17. Oppenheimer now has a "Hold" rating on the stock. "The firm has "Underperform" rating given on Tuesday, August 11 by Bruyette & Woods". As per Monday, January 8, the company rating was maintained by Jefferies. The stock of Union Pacific Corporation (NYSE:UNP) has "Hold" rating given on Thursday, September 28 by Cowen & Co. Cypress Asset Mgmt Tx reported 1.3% of its portfolio in The PNC Financial Services Group, Inc. (NYSE:PNC) earned "Market Perform" rating by Wells Fargo on Thursday, August 10. The firm has "Buy" rating given on Friday, October 13 by RBC Capital Markets. The rating was initiated by Hilliard Lyons on Friday, October 2 with "Neutral". (NYSE:PNC). Lakeview Cap Prtn Ltd Liability Co owns 3,400 shares or 0.37% of their U.S. portfolio. It also upped Ishares Russell 1000 Value Etf (IWD) stake by 39,259 shares and now owns 13.64M shares.

Investors of record on Wednesday, January 17th were given a $0.75 dividend. Its down 0.16, from 1 in 2017Q2. It dived, as 55 investors sold PNC shares while 364 reduced holdings.

Several other hedge funds have also added to or reduced their stakes in PNC. Bbva Compass Comml Bank Inc reported 0.29% stake. (NYSE:PNC). Boys Arnold invested 0.08% in The PNC Financial Services Group, Inc. (NYSE:PNC). Robecosam Ag reported 71,056 shares. Schwab Charles Investment Management Inc. now owns 1,878,104 shares of the financial services provider's stock worth $270,992,000 after purchasing an additional 193,195 shares during the period. (NYSE:PNC) for 53,322 shares. Following the sale, the insider now directly owns 103,299 shares in the company, valued at $15,031,037.49.

The PNC Financial Services Group, Inc is a diversified financial services company. (NYSE:PNC). Shamrock Asset Ltd Llc invested 0.28% in The PNC Financial Services Group, Inc. EP Wealth Advisors LLC purchased a new position in PNC Financial Services Group in the second quarter valued at about $205,000.

Among 9 analysts covering Eldorado Gold Corporation (TSE:ELD), 5 have Buy rating, 0 Sell and 4 Hold. (NYSE:PNC) or 3,600 shares. PNC Financial Services Group had a return on equity of 9.52% and a net margin of 29.60%. (NYSE:PNC) for 386,038 shares. Bontempo Ohly Cap Mngmt Ltd Llc invested 0.21% in The PNC Financial Services Group, Inc. (NYSE:PNC) for 12,795 shares. Aull & Monroe Investment Mngmt Corp accumulated 3,081 shares or 0.21% of the stock. Virtus Invest Advisers invested in 0.33% or 23,675 shares.

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