Shares in PNC Financial Services Group Inc (PNC) Acquired by Payden & Rygel

Lawrence Kim
December 23, 2017

Crescent Park Management Lp bought 22,665 shares as the company's stock declined 10.14% while stock markets rallied. Duke Energy Corp New now has $58.92 billion valuation.

The stock decreased 0.45% or $0.15 during the last trading session, reaching $32.95. Currently, 41.38 million total shares are owned by the public and among those 34.53 million shares have been available to trade. Duke Energy Corporation (NYSE:DUK) has risen 8.31% since December 23, 2016 and is uptrending. (NYSE:PNC) earned "Neutral" rating by Hilliard Lyons on Friday, October 2. PNC's profit will be $1.06 billion for 16.36 P/E if the $2.23 EPS becomes a reality. Supplemental Annuity Collective Of Nj stated it has 0.36% of its portfolio in The PNC Financial Services Group, Inc. (NASDAQ:NEWS) traded up 0.26% in the last session while performance was up 11.72% in the last five days. It is down 15.09% since December 22, 2016 and is uptrending. It has outperformed by 18.44% the S&P500.

Investors sentiment increased to 1.84 in Q3 2017. Its down 0.06, from 0.93 in 2017Q2. The Edgemoor Investment Advisors Inc holds 162,267 shares with $21.87M value, down from 166,147 last quarter. 24 funds opened positions while 99 raised stakes. The institutional investor held 191,220 shares of the business services company at the end of 2017Q3, valued at $21.46 million, up from 168,555 at the end of the previous reported quarter. Mark Sheptoff Finance Planning Ltd Limited Liability Company owns 439 shares or 0.04% of their U.S. portfolio. Buckingham Asset Mngmt Limited Liability holds 0.08% or 2,518 shares in its portfolio. Its down 14.61% from 6.12 million shares previously. Guardian Life Insur Of America accumulated 1,097 shares. Moreover, Argent Com has 0.49% invested in Duke Energy Corporation (NYSE:DUK). Sandy Spring Savings Bank holds 9,552 shares. Alyeska Inv Gp Ltd Partnership accumulated 0.01% or 635,853 shares. Cedar Hill Associates Ltd Company reported 4,319 shares. 11,668 are held by Wetherby Asset. Eads And Heald Investment Counsel reported 11,422 shares. (NYSE:LVLT). Havens Advisors Lc invested in 148,000 shares. Endurance Wealth Inc invested in 158 shares or 0% of the stock. Lyondellbasell Industries N V (NYSE:LYB) was reduced too. Shelton has invested 0.11% in Duke Energy Corporation (NYSE:DUK). Following the completion of the sale, the insider now owns 103,299 shares in the company, valued at approximately $15,031,037.49. 3,600 were reported by Art Advsrs Ltd Liability Corporation. They expect $0.92 earnings per share, up 13.58% or $0.11 from last year's $0.81 per share. The financial services provider reported $2.16 EPS for the quarter, topping analysts' consensus estimates of $2.13 by $0.03. (NYSE:PNC) earned "Buy" rating by Robert W. Baird on Tuesday, October 31. Therefore 32% are positive. The lowest target is $106.0 while the high is $109.0. The stock was sold at an average price of $138.68, for a total value of $3,467,000.00. Duke Energy had 61 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has "Mkt Perform" rating given on Tuesday, November 29 by Keefe Bruyette & Woods. The firm earned "Hold" rating on Friday, September 15 by Jefferies. (NYSE:PNC) on Friday, July 14 with "Buy" rating. (NYSE:PNC) has "Neutral" rating given on Monday, October 23 by Nomura. BMO Capital Markets has "Buy" rating and $13400 target. (NYSE:PNC) on Monday, September 26 with "Hold" rating. The firm has "Buy" rating by Deutsche Bank given on Tuesday, July 25. On Friday, January 27 the stock rating was maintained by Wedbush with "Outperform". (NYSE:PNC) rating on Thursday, July 27.

(PNC) has 0 billion shares outstanding now, 83.77% of which belong to institutional investors. Its down 0.06, from 0.93 in 2017Q2. It worsened, as 55 investors sold PNC shares while 364 reduced holdings.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. The financial services provider reported $2.16 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $2.13 by $0.03. Bank & Trust Of Nova Scotia reported 0.08% in The PNC Financial Services Group, Inc. (NYSE:PNC). 660,693 were reported by Credit Suisse Ag. (NYSE:PNC). California Pub Employees Retirement has invested 0.28% in The PNC Financial Services Group, Inc. Tiemann Inv Ltd Llc owns 1,864 shares or 0.21% of their United States portfolio. Endurance Wealth Mgmt accumulated 158 shares. 5,505 were reported by Valley National Advisers. Cibc Asset Inc invested 0.06% in The PNC Financial Services Group, Inc. FMR LLC raised its holdings in shares of PNC Financial Services Group by 13.9% during the second quarter. 39,758 were accumulated by Univest Of Pennsylvania. Colony Gru Limited Liability Corp holds 117,539 shares or 1.08% of its portfolio. (NYSE:PNC). Btc Mngmt Inc invested in 1.67% or 69,241 shares. 17,709 are owned by Sg Americas Ltd Liability Corp. The percentage of shares being held by the company management was 16.92% while institutional stake was 74.9%. (NYSE:WEX) for 3,045 shares.

Bsw Wealth Partners holds 0.15% in The PNC Financial Services Group, Inc. The company has a market capitalization of $69,590.66, a price-to-earnings ratio of 17.86, a price-to-earnings-growth ratio of 1.95 and a beta of 0.90. The companyÂ's Retail Banking segment offers deposit, lending, brokerage, investment management, and cash management services to consumer and small business clients through branch network, ATMs, call centers, online banking, and mobile channels. It has a 16.36 P/E ratio. As of December 31, 2016, this segment operated a network of 2,520 branches and 9,024 ATMs.

Since October 19, 2017, it had 0 buys, and 4 insider sales for $10.59 million activity. $675,000 worth of The PNC Financial Services Group, Inc.

Decatur Capital Management Inc, which manages about $528.00M and $521.72M US Long portfolio, decreased its stake in Estee Lauder Companies (NYSE:EL) by 47,750 shares to 51,875 shares, valued at $5.59M in 2017Q3, according to the filing. Another trade for 46,307 shares valued at $6.64M was made by Parsley E William III on Friday, December 8. Reilly Robert Q had sold 19,576 shares worth $2.85M.

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