Is PNC Financial's Q4 Earnings Beat Good Enough?

(NYSE:PNC) also leans strongly towards the neutral end of the spectrum. In the last quarter, insiders sold 108,523 shares of company stock worth $15,392,168. Bank & Trust Of America De holds 0.13% of its portfolio in The PNC Financial Services Group, Inc. (NYSE:TAHO) by 11.74% during the September 2017 quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.

A number of other equities research analysts have also recently commented on PNC. That's a potential 1.2 increase relative to where The PNC Financial Services Group, Inc. (The) during the third quarter valued at approximately $113,000. PASSPORT CAPITAL, LLC owned New% of Tahoe Resources Inc. (NYSE:PNC). Acg Wealth holds 0.8% in The PNC Financial Services Group, Inc. (The) by 5.8% in the second quarter. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 1.24. Finally, Canada Pension Plan Investment Board grew its position in PNC Financial Services Group by 12.9% in the 2nd quarter.

PNC Financial Services Group (PNC) traded up $1.87 during trading hours on Wednesday, reaching $151.49.

Several other institutional investors have also sold shares of the company. Vanguard Group Inc. now owns 32,555,070 shares of the financial services provider's stock valued at $4,065,151,000 after purchasing an additional 589,235 shares in the last quarter. 2,091,268 shares of the company traded hands. (NYSE:PNC). Addenda Cap Inc stated it has 0.62% of its portfolio in The PNC Financial Services Group, Inc. The company's 50-day moving average price is $118.16 and its 200 day moving average price is $99.62. 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. (The) (NASDAQ:PNC) to report earnings on Jan, 12 for the fiscal quarter ending Dec 2017. After $0.19 actual earnings per share reported by Popular, Inc. for the previous quarter, Wall Street now forecasts 284.21% EPS growth. (The) had a net margin of 23.90% and a return on equity of 8.96%.

We grew loans and deposits and added customers across our businesses, continued to focus on expense management, and generated record fee income for the year, as well as in the fourth quarter. Parametric Port Limited has 0.2% invested in The PNC Financial Services Group, Inc.

Investors sentiment increased to 0.96 in 2017 Q3. The ex-dividend date is Thursday, January 12th.

SunTrust Banks, Inc. (STI) pays a dividend of 1.60, which translates to dividend yield of 2.36% based on the current price. The company has a payout ratio of 29.00%. Union Bankshares Corp acquired 18,695 shares as Pnc Finl Svcs Group Inc (PNC)'s stock declined 6.38%. (NYSE:PFE) earned "Hold" rating by BMO Capital Markets on Monday, June 12. With 1.54M avg volume, 3 days are for Pnc Financial Services Group (NYSE:PNC)'s short sellers to cover PNC's short positions. Nomura maintained The PNC Financial Services Group, Inc. The stock has "Buy" rating by Rafferty on Monday, July 17. They noted that the move was a valuation call. The financial services provider reported $2.29 earnings per share for the quarter, beating the consensus estimate of $2.20 by $0.09. The firm has "Buy" rating by Evercore given on Friday, April 1. Finally, Barclays PLC reissued a "hold" rating and set a $97.00 target price on shares of PNC Financial Services Group, Inc. The company was maintained on Tuesday, October 31 by Robert W. Baird. (The) (NASDAQ:PNC), 4 rate it "Buy", 8 "Outperform", 17 "Underperform", 0 "Sell", while 0 "Hold". Staying on top of longer-term price action may help provide investors with a wider range of reference when doing stock analysis. More interesting news about The PNC Financial Services Group, Inc. (The) news, CEO William S. Demchak sold 179,809 shares of the business's stock in a transaction on Tuesday, November 15th. The stock was sold at an average price of $136.98, for a total transaction of $429,432.30. 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 stock was sold at an average price of $145.51, for a total transaction of $2,848,503.76. The disclosure for this sale can be found here. Moreover, Tiemann Inv Advsrs Ltd Company has 0.21% invested in The PNC Financial Services Group, Inc. The Company operates through six segments: Retail Banking, Corporate & Institutional Banking, Asset Management Group, Residential Mortgage Banking, BlackRock and Non-Strategic Assets Portfolio.

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