Pro-PNC Financial Services Group Inc Big Money Sentiment Runs Low in Q1 2018, Currently at 0.72

June 27, 2018 - By Jeanette Garcia

The PNC Financial Services Group, Inc. (NYSE:PNC) Corporate Logo

Positions for PNC Financial Services Group Inc (NYSE:PNC)

In Q1 2018 PNC Financial Services Group Inc (NYSE:PNC) big money sentiment decreased to 0.72, SEC.gov filings reveal. That’s down -0.32, from 2017Q4’s 1.04. 344 institutional investors increased or started new positions, while 475 reduced and sold stakes in PNC Financial Services Group Inc so the sentiment worsened. These funds own 373.26 million shares, that’s down from 376.44 million shares in 2017Q4. Funds holding PNC Financial Services Group Inc in top 10 increased from 36 to 42 for an increase of 6. 54 Investors Sold All; 421 Reduced Holdings; 253 increased stakes while 91 institutional investors bought stakes.

Most PNC Financial Services Group Inc Shareholders

As of Q1 2018 Provident Trust Co has 7.82% invested in PNC Financial Services Group Inc. PNC Financial Services Group Inc’s shareholder Solaris Asset Management Llc owns 6,695 shares as of Q1 2018. Further, Crossvault Capital Management Llc reported 49,927 shares in PNC Financial Services Group Inc equivalent to 4.29% of its US long stock exposure. Atwood & Palmer Inc revealed 188,509 shares position in PNC Financial Services Group Inc. The Pennsylvania-based fund Orrstown Financial Services Inc looks positive on PNC Financial Services Group Inc, possessing 22,332 shares.

The PNC Financial Services Group, Inc. operates as a diversified financial services firm in the United States and internationally.The firm is valued at $64.45 billion. 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.The P/E ratio is 12.68. As of December 31, 2016, this segment operated a network of 2,520 branches and 9,024 ATMs.

PNC is reaching $137.27 during the last trading session, after decreased 0.83%.The PNC Financial Services Group, Inc. is uptrending after having risen 21.98% since June 27, 2017. PNC has 2.40 million volume or 6.70% up from normal. PNC outperformed the S&P500 by 9.41%.

Earnings report for The PNC Financial Services Group, Inc. (NYSE:PNC) is awaited on July, 13., RTT reports. The earnings per share diference is $0.49 or 23.33 % up from last years number. Previous year: $2.1; Analysts forcast: $2.59. If reported the P/E will be 13.25 with $1.22B profit. 6.58 % EPS growth is what analysts predict. $2.43 earnings per share was published for previous quarter.

Country Tru Retail Bank holds 0% or 156 shs. Moreover, Private Advisor Grp Incorporated Ltd Co has 0.11% invested in The PNC Financial Services Group, Inc. (NYSE:PNC). Howe & Rusling, a New York-based fund reported 40 shs. 293,675 are owned by Loomis Sayles & L P. Fairview Mgmt Lc has invested 0.01% in The PNC Financial Services Group, Inc. (NYSE:PNC). Virginia Retirement Systems Et Al has 0.17% invested in The PNC Financial Services Group, Inc. (NYSE:PNC) for 91,000 shs. Brick Kyle Assoc has invested 0.17% in The PNC Financial Services Group, Inc. (NYSE:PNC). Price T Rowe Assocs Md holds 0.37% or 15.55M shs. Brookfield Asset Mngmt holds 0.01% or 26,440 shs in its capital. Brandes Inv Prns L P owns 1.66% invested in The PNC Financial Services Group, Inc. (NYSE:PNC) for 514,334 shs. Delta Asset Mgmt Ltd Com Tn reported 0.06% stake. Dean Assocs Ltd Limited Liability Company holds 0.47% or 21,133 shs. The Pennsylvania-based Vanguard Gp has invested 0.22% in The PNC Financial Services Group, Inc. (NYSE:PNC). Oregon Pub Employees Retirement Fund reported 107,477 shs or 0.25% of all its holdings. 20,593 are owned by First Midwest Bankshares Division.

The PNC Financial Services Group, Inc. had 1 sale and 0 insider buys since January 17, 2018. This’s net activity of $1.24 million.

The PNC Financial Services Group, Inc. (NYSE:PNC) Ratings Coverage

In total 14 analysts cover PNC Financial (NYSE:PNC). “Buy” rating has 8, “Sell” are 0, while 6 are “Hold”. (NYSE:PNC) has 57% bullish analysts. With $178.0 highest and $135.0 lowest target, PNC Financial has $163.64 average target or 19.21% above the current ($137.27) price. 25 are the (NYSE:PNC)’s ratings reports on 27 Jun 2018 according to StockzIntelligence Inc. On Tuesday, January 16 the stock of The PNC Financial Services Group, Inc. (NYSE:PNC) earned “Hold” rating by Wells Fargo. On Monday, January 15 the stock of The PNC Financial Services Group, Inc. (NYSE:PNC) has “Hold” rating given by Susquehanna. On Friday, January 12 RBC Capital Markets maintained The PNC Financial Services Group, Inc. (NYSE:PNC) rating. RBC Capital Markets has “Buy” rating and $170.0 target. In Friday, April 13 report BMO Capital Markets maintained the stock with “Buy” rating. On Sunday, April 15 the stock of The PNC Financial Services Group, Inc. (NYSE:PNC) earned “Buy” rating by Piper Jaffray. On Sunday, April 15 Jefferies maintained The PNC Financial Services Group, Inc. (NYSE:PNC) with “Hold” rating. On Friday, May 4 Bank of America maintained the shares of PNC in report with “Buy” rating. On Monday, January 8 the rating was maintained by Jefferies with “Hold”. On Tuesday, January 2 Robert W. Baird maintained the shares of PNC in report with “Buy” rating. On Wednesday, April 4 the firm earned “Hold” rating by Keefe Bruyette & Woods.

Another two news for The PNC Financial Services Group, Inc. (NYSE:PNC) were briefly posted by: Bizjournals.com on June 25, 2018 with title “Bank Notes: KeyCorp’s branch closing plan hits Greater Philadelphia”. The other Prnewswire.com‘s article was titled “PNC Releases Results Of Annual Dodd-Frank Company-Run Stress Test” and posted on June 21, 2018.

The PNC Financial Services Group, Inc. (NYSE:PNC) Institutional Investors Chart

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