Published: Sat, January 13, 2018
Business | By Tara Barton

PNC Financial Services Group Inc (PNC) Insider Sells 19576 Shares of Stock

PNC Financial Services Group Inc (PNC) Insider Sells 19576 Shares of Stock

The company said its bottom line totaled $2.02 billion, or $4.18 per share. FMR LLC now owns 15,676,614 shares of the financial services provider's stock valued at $1,957,539,000 after buying an additional 1,915,923 shares in the last quarter. The overall volume in the last trading session was 2.39 million shares. The insider DAMELIO FRANK A sold 94,409 shares worth $3.21M. The TJX Companies, Inc. (NYSE:PNC) has risen 35.14% since January 13, 2017 and is uptrending. It has underperformed by 18.72% the S&P500.

Nick Niell decreased its stake in Pnc Finl Svcs Group Inc (Put) (PNC) by 21.05% based on its latest 2017Q3 regulatory filing with the SEC. Following the sale, the insider now directly owns 103,299 shares of the company's stock, valued at approximately $15,031,037.49. During the same quarter in the previous year, the company earned $1.97 EPS. The company has market cap of $72.00 billion. Baldwin Brothers Inc. MA now owns 37,548 shares of the financial services provider's stock worth $4,689,000 after purchasing an additional 2,450 shares in the last quarter. About 3.28 million shares traded or 81.34% up from the average.

After rates held steady on Thursday, the Standard & Poor's 500 index marked its seventh gain in the last eight days. It has outperformed by 18.44% the S&P500.

Investors sentiment decreased to 0.87 in 2017 Q3. Its down 0.06, from 0.93 in 2017Q2. The hedge funds in our partner's database now have: 378.89 million shares, down from 381.37 million shares in 2017Q2. Waters Parkerson & Company acquired 12,280 shares as Pfizer Incorporated (PFE)'s stock declined 3.45%. The ratio has worsened, as 364 hedge funds opened new and increased stock positions, while 419 trimmed and sold equity positions in PNC Financial Services Group Inc. (NYSE:PNC). Michigan-based Lvm Capital Ltd Mi has invested 0.13% in The PNC Financial Services Group, Inc. Hallmark Cap Mgmt holds 2.29% in The PNC Financial Services Group, Inc. (NYSE:PNC) or 520 shares. Wasatch Advsrs reported 36,453 shares or 0.07% of all its holdings. Cohen & Steers reported 88,066 shares. Veritable LP owns 19,880 shares. VANGUARD GROUP INC also announced increased position in Tahoe Resources Inc. (NYSE:PNC). Moreover, Ameriprise Fincl has 0.24% invested in The PNC Financial Services Group, Inc.

Shares of PNC Financial Services Group Inc (NYSE:PNC) opened at $151.84 on Friday. Wells Fargo & Co set a $135.00 price target on PNC Financial Services Group and gave the stock a "hold" rating in a research report on Thursday, October 19th. Therefore 34% are positive. Oppenheimer Holdings, Inc. reissued a "hold" rating on shares of PNC Financial Services Group, Inc. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and thirteen have issued a buy rating to the stock. Of the analysts surveyed by Reuters that track Fastenal Company 7 of them rate its stock a hold. "Bruyette & Woods;KBW; KBW" upgraded the stock to "Mkt Perform" rating in Wednesday, September 2 report. The firm has "Equal-Weight" rating by Stephens given on Thursday, October 5. The ex-dividend date is Tuesday, January 16th. The firm has "Buy" rating given on Monday, July 17 by Rafferty. The firm has "Neutral" rating by Robert W. Baird given on Monday, July 10. Deutsche Bank has "Buy" rating and $43 target. The stock has "Buy" rating by RBC Capital Markets on Monday, July 17.

Bank of America Corp (BAC) Stake Lifted by Cliftonlarsonallen Wealth Advisors LLC
Williams Jones & Associates Limited Co owns 1.04% invested in Bank of America Corporation ( NYSE : BAC ) for 1.67 million shares. USB traded at an unexpectedly high level on 11/01/2018 when the stock experienced a 0.85% gain to a closing price of $56.68.

Since August 4, 2017, it had 0 buys, and 10 insider sales for $16.36 million activity. The shares were sold at an average price of $145.51, for a total transaction of $2,848,503.76. Haverford Tru has invested 0.05% in The PNC Financial Services Group, Inc. (NYSE:PNC) shares with value of $429,417 were sold by Larrimer Karen L. 5,000 shares were sold by Van Wyk Steven C., worth $675,000 on Thursday, October 19. Quantitative Investment Ltd Liability owns 1.36 million shares for 0.55% of their portfolio. It also reduced its holding in Amtrust Finl Svcs Inc Com Stk (NASDAQ:AFSI) by 41,285 shares in the quarter, leaving it with 61,988 shares, and cut its stake in Novanta Inc. If RVOL is less than 1 it is not In Play on this trading day and Investors may decide not to trade it. Its down 0.06, from 0.93 in 2017Q2. It dived, as 59 investors sold TJX shares while 374 reduced holdings. Amer Intll Grp Inc Inc reported 0% stake.

Investors sentiment decreased to 0.87 in 2017 Q3. (NYSE:PFE) for 171,972 shares.

Noninterest expense rose 25% to $1.4 billion due to PNC's $200 million charitable contribution to its foundation, $197 million in charges to dispose of real estate and $105 million to cover employee cash payments and pension account credits. Orca Inv Management Ltd Liability stated it has 3.4% in Pfizer Inc. Thompson Davis Communications reported 443 shares stake. (NASDAQ:AFAM). Strs Ohio accumulated 0% or 1,100 shares. (NYSE:PFE). Cim Investment Mangement has invested 0.46% of its portfolio in Pfizer Inc. Investors of record on Tuesday, January 17th were given a dividend of $0.55 per share. (NYSE:TJX) for 1.23 million shares. Principal Financial Group invested in 108,934 shares. (NYSE:PFE). Legacy Private has invested 0.26% in Pfizer Inc.

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