Also, the number of active investment managers holding PNC Financial Services Group Inc in their top 10 equity positions decreased from 37 to 36 for a decrease of 1. Piper Jaffray Companies reaffirmed a "buy" rating and issued a $151.00 price objective on shares of PNC Financial Services Group in a report on Monday, December 4th.
Shares of PNC Financial Services Group Inc (NYSE:PNC) have been assigned a consensus recommendation of "Hold" from the twenty-five ratings firms that are covering the company, MarketBeat reports.
In other PNC Financial Services Group news, insider E William Parsley III sold 46,307 shares of the company's stock in a transaction dated Friday, December 8th. Nomura downgraded shares of PNC Financial Services Group, Inc. Seventeen investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company's stock. Quantitative Investment Ltd Liability owns 1.36 million shares for 0.55% of their portfolio. The stock decreased 0.06% or $0.09 during the last trading session, reaching $151.4. The stock has a market capitalization of $72,080.00, a PE ratio of 18.45, a price-to-earnings-growth ratio of 1.72 and a beta of 0.90. PNC Financial Services Group has a 52 week low of $113.66 and a 52 week high of $151.49. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.92 and a quick ratio of 0.92. (The) (NASDAQ:PNC) to report earnings on Jan, 12 for the fiscal quarter ending Dec 2017. The financial services provider reported $2.29 earnings per share for the quarter, beating the consensus estimate of $2.20 by $0.09.
'FDI relaxation to help attract foreign investors'
Government's decision of allowing 100 % FDI for single brand retail has received criticism from the BJP's ideological mentor RSS. Swadeshi Jagran Manch has said that easing the norms for FDI in SBRT would go against the best interest of the country.
Looking forward, for the quarter ending Mar-18, 15 analysts have a mean sales target of 4,153.40 million. The firm's quarterly revenue was up 10.0% on a year-over-year basis. equities analysts predict that PNC Financial Services Group Inc will post 8.43 earnings per share for the current year. The firm's revenue for the quarter was up 10.0% compared to the same quarter past year. The company's alternative GAAP measure of profit for the quarter also included a one-time benefit of $911 million due to cuts in corporate tax rates. Stockholders of record on Wednesday, January 17th will be issued a dividend of $0.75 per share. In the near future, analysts are predicting a higher payout ratio of 34.16%, leading to a dividend yield of 2.31%. The ex-dividend date is Tuesday, January 16th.
Union Bankshares Corp increased Pnc Finl Svcs Group Inc (PNC) stake by 259.22% reported in 2017Q3 SEC filing. Waters Parkerson & Company acquired 12,280 shares as Pfizer Incorporated (PFE)'s stock declined 3.45%. The shares were sold at an average price of $107.61, for a total transaction of $19,349,246.49. The shares were sold at an average price of $138.85, for a total transaction of $625,519.25. Following the completion of the sale, the insider now directly owns 20,449 shares of the company's stock, valued at $2,801,104.02. The disclosure for this sale can be found here. The Waters Parkerson & Company holds 367,652 shares with $13.13M value, up from 355,372 last quarter.
Institutional investors have recently made changes to their positions in the stock. On Friday, December 15 Reilly Robert Q sold $2.85M worth of The PNC Financial Services Group, Inc.
Sam's Club abruptly closes some New England locations
The locations, along with 10 other stores across the country, will close on February 3. The company is also creating a new benefit to assist employees with adoption expenses.
Whereas its latest closing price kept its distance from the SMA20 at 4.22% and 8.06% from SMA 50 while it was knocked up 17.02% from the simple moving average price of 200 days. PNC Financial Services Group's revenue was up 7.7% compared to the same quarter a year ago. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 184,620 shares of the financial services provider's stock worth $24,901,000 after purchasing an additional 126,480 shares during the last quarter. Proficio Capital Partners LLC raised its position in PNC Financial Services Group by 1,365.4% in the second quarter. PNC Financial Services Group, Inc.
Several other institutional investors have also sold shares of the company.
TRADEMARK VIOLATION WARNING: This report was published by Week Herald and is owned by of Week Herald. (PNC) has a market cap of $71.99 billion and over the last 12 months, The PNC Financial Services Group, Inc. The Company has businesses engaged in retail banking, including residential mortgage, corporate and institutional banking and asset management.
Detective Pikachu features a massive Amiibo for western release
Crime is rampant in Ryme City, and it's up to a coffee-loving Pikachu to help uncover clues and put the bad guys behind bars. Nintendo and The Pokemon Company have announced that Detective Pikachu will finally make its way to North America in 2018.