Analyst Earnings Estimates Review: The PNC Financial Services Group, Inc. (PNC)

Marco Green
November 15, 2017

Csu Producer holds 3.72% or 6,000 shares.

PNC Financial Services Group (NYSE:PNC) last issued its quarterly earnings data on Friday, January 13th. 85 funds opened positions while 293 raised stakes. CIBC Asset Management Inc boosted its stake in shares of PNC Financial Services Group, Inc. Mark Asset Management Corp acquired 9,106 shares as Pnc Financial Services Group (PNC)'s stock declined 6.38%. PNC Financial Services Group Inc (NYSE:PNC) has risen 35.14% since November 14, 2016 and is uptrending. (PNC) exchanged hands at an unexpectedly high level of 1.93 million shares over the course of the day. Wesbanco Bank & Trust holds 0.61% of its portfolio in PNC Financial Services Group Inc (NYSE:PNC) for 88,947 shares. FMR LLC now owns 15,676,614 shares of the financial services provider's stock valued at $1,957,539,000 after acquiring an additional 1,915,923 shares in the last quarter. Wells Fargo maintained PNC Financial Services Group Inc (NYSE:PNC) on Thursday, October 19 with "Hold" rating. (The) by 2.6% in the second quarter. The Jag Capital Management Llc holds 16,480 shares with $2.06 million value, down from 20,934 last quarter. 270,900 are owned by Arrowstreet Capital L P. Intl Grp Inc invested 0.12% of its portfolio in PNC Financial Services Group Inc (NYSE:PNC). (The) by 729.9% in the 3rd quarter. Bollard Group Limited Com owns 145 shares for 0% of their portfolio. Hedge funds and other institutional investors own 81.19% of the company's stock.

A number of research analysts recently commented on PNC shares. On Thursday, July 27 the stock rating was maintained by RBC Capital Markets with "Buy". Argus raised PNC Financial Services Group from a "hold" rating to a "buy" rating and upped their target price for the company from $88.03 to $98.00 in a research report on Monday, October 17th. Fiera Capital Corporation has 0% invested in PNC Financial Services Group Inc (NYSE:PNC). Credit Suisse maintained PNC Financial Services Group Inc (NYSE:PNC) rating on Monday, July 17. (The) in a report on Tuesday, July 25th. Carroll Financial Incorporated holds 0.03% of its portfolio in PNC Financial Services Group Inc (NYSE:PNC) for 2,226 shares. (The) in a report on Monday, August 28th. One investment analyst has rated the stock with a sell rating, sixteen have given a hold rating, seven have given a buy rating and two have issued a strong buy rating to the stock.

The PNC Financial Services Group, a diversified financial services company. "(The) (PNC) Stake Lessened by Municipal Employees Retirement System of Michigan" was posted by StockNewsTimes and is owned by of StockNewsTimes. If you are viewing this piece on another publication, it was illegally copied and republished in violation of USA and worldwide copyright laws. PNC Financial Services Group, Inc. (PNC) traded down $0.16 during trading hours on Tuesday, reaching $132.07. The stock was sold at an average price of $138.85, for a total transaction of $625,519.25. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The stock has "Buy" rating by Piper Jaffray on Monday, October 2. The stock was sold at an average price of $135.00, for a total value of $675,000.00. The disclosure for this sale can be found here. Insiders have sold 12,640 shares of company stock valued at $1,729,952 in the last quarter. If the published price targets set by The PNC Financial Services Group, Inc. analysts have any power to influence the stock's share price, the highest price target set for PNC is $151.

COPYRIGHT VIOLATION NOTICE: "PNC Financial Services Group, Inc". During the same quarter previous year, the company earned $1.87 earnings per share. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.92 and a quick ratio of 0.92. A month ago, analyst EPS consensus estimated earnings of US$2.2 per share. (The) had a net margin of 24.61% and a return on equity of 9.29%. The firm had revenue of $4.13 billion for the quarter, compared to analyst estimates of $4.09 billion. (The)'s revenue for the quarter was up 7.7% compared to the same quarter a year ago. WideOpenWest had 8 analyst reports since June 19, 2017 according to SRatingsIntel. Investors of record on Tuesday, October 17th were paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.27%. "The stock of PNC Financial Services Group Inc (NYSE:PNC) earned "Underperform" rating by Bruyette & Woods" on Tuesday, August 11. (The)'s payout ratio is 36.63%. Banced Corp holds 0.86% of its portfolio in PNC Financial Services Group Inc (NYSE:PNC) for 3,718 shares. The following will be accessible at a link to the live audio webcast on the day of the conference call; presentation slides, earnings release and supplementary financial information available prior to the start of the conference call; webcast replay available for 30 days. 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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