PNC Financial Services Group (PNC) Shares Gap Down to $152.49

Marco Green
April 16, 2018

The Carret Asset Management Llc holds 190,126 shares with $7.62 million value, down from 235,942 last quarter. The stock increased 0.38% or $0.22 during the last trading session, reaching $57.82. About 49,896 shares traded. Macerich Company (NYSE:MAC) has declined 12.03% since April 15, 2017 and is downtrending. It has underperformed by 23.58% the S&P500. Morgan Stanley lifted their price objective on shares of PNC Financial Services Group from $165.00 to $168.00 and gave the stock an "equal weight" rating in a research report on Friday, February 2nd.

Price to earnings ratio, which is used in determining how expensive a stock may or may not be, can help you narrow down your search within the Financial Services. PNC Financial Services Group had a net margin of 29.60% and a return on equity of 9.51%. This organization's stock showed a trading volume of 4.67 million shares, compared to its average daily volume of 2.26M shares. Atalanta Sosnoff Cap Limited Co invested in 1.99% or 424,512 shares. 19,576 The PNC Financial Services Group, Inc.

Want to see what other hedge funds are holding PNC? It has outperformed by 14.66% the S&P500. (NYSE:PNC) stock. Among that group, 4 of them gave BUY ratings, 8 of them rated the stock as OUTPERFORM, 15 recommended it as HOLD, 0 set the rating at UNDERPERFORM and 0 rated it as a SELL. Therefore 56% are positive. Sell-side analysts often provide their best researched estimates at what the company will report.

Among 15 analysts covering T. Rowe Price Group Inc (NASDAQ:TROW), 5 have Buy rating, 2 Sell and 8 Hold. Piper Jaffray's target would indicate a potential upside of 10.00% from the company's last price.

Long term investors looking for stable stocks should take a look at The PNC Financial Services Group, Inc. The ex-dividend date of this dividend is Friday, April 13th. (NASDAQ:TROW) rating on Tuesday, March 6. Finally, RBC Capital Markets reissued a "buy" rating and set a $95.00 price target on shares of PNC Financial Services Group in a report on Thursday, November 3rd. The firm has "Hold" rating by Barclays Capital given on Tuesday, January 2. The company was maintained on Friday, January 12 by Sandler O'Neill. The company's quarterly revenue was up 5.8% on a year-over-year basis. $429,417 worth of The PNC Financial Services Group, Inc. The stock was sold at an average price of $154.20, for a total transaction of $1,235,296.20. (NYSE:PNC) for 734,961 shares. (NYSE:PNC) was sold by Parsley E William III.

Investors sentiment increased to 1.04 in 2017 Q4. It has change of 0.17, from 2017Q3's 0.87. 40 investors sold all, 337 reduced holdings as PNC ratio increased. 99 funds opened positions while 294 raised stakes.

Since December 8, 2017, it had 0 insider purchases, and 5 insider sales for $14.47 million activity. Zacks Investment Research downgraded shares of PNC Financial Services Group from a "buy" rating to a "hold" rating in a research report on Tuesday, February 27th. The stock has "Neutral" rating by Nomura on Wednesday, January 6. Since October 19, 2017 according to StockzIntelligence Inc PNC Financial has 30 analyst reports. ValuEngine lowered shares of PNC Financial Services Group from a "buy" rating to a "hold" rating in a research note on Wednesday, January 10th. (NYSE:PNC). Fiduciary Tru Com has invested 0.01% of its portfolio in The PNC Financial Services Group, Inc. With 2.23 million avg volume, 2 days are for Pnc Financial Services Group Inc (the) (NYSE:PNC)'s short sellers to cover PNC's short positions. (NYSE:PNC) for 7,256 shares. Boys Arnold And owns 3,560 shares. Green Square Ltd Liability Company stated it has 4,193 shares. Pnc Financial Services Group I now has $68.60B valuation. (NYSE:PNC) for 86,900 shares. Shareholders of record on Monday, April 16th will be paid a dividend of $0.75 per share. (NYSE:PNC). Amer Registered Investment Advisor reported 0.91% stake. Moreover, Neuberger Berman Grp Inc Ltd Llc has 0.25% invested in The PNC Financial Services Group, Inc.

Other numbers to watch include sales growth, which is now 0.20% for the last five years. It has a 13.43 P/E ratio. It's up from 167,250 at the end of the previous reported quarter. It turned negative, as 75 investors sold CMCSA shares while 544 reduced holdings. State Of Tennessee Treasury Department reported 0.67% stake. Mutual Of America Ltd Liability has 0.19% invested in The PNC Financial Services Group, Inc. Alpha Windward Limited Liability Company invested in 6,752 shs or 0.58% of the stock. Metropolitan Life Insurance Company has invested 0.49% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Next Fincl Gru holds 0.17% or 2,736 shares. Thomas J Herzfeld Advsrs reported 59 shares or 0% of all its holdings. Hills Fincl Bank And Trust holds 0.23% or 19,983 shares.

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