The PNC Financial Services Group, Inc. (PNC) Analysts See $2.23 EPS

(PNC), there were 73 new positions totaling 3,073,410 shares of the company's stock. Switzerland-based Pictet North America Advisors has invested 0.2% in The PNC Financial Services Group, Inc. Volume in the last session has decreased compared with PNC's average trading volume. Worth Venture Partners LLC bought a new stake in shares of PNC Financial Services Group, Inc. Wall Street experts also assign a $142.79 price target on The PNC Financial Services Group, Inc., pointing towards a -1.59% drop from current levels. Hudock Capital Group LLC increased its holdings in PNC Financial Services Group by 0.4% during the 2nd quarter. While in the same Quarter Previous year, the Actual EPS was $1.97. Parsons Cap Mngmt Inc Ri invested 0.07% of its portfolio in The PNC Financial Services Group, Inc. Reilly Robert Q sold $2.85 million worth of stock or 19,576 shares. Telemus Capital LLC now owns 4,981 shares of the financial services provider's stock worth $622,000 after purchasing an additional 16 shares in the last quarter. Hedge funds and other institutional investors own 81.48% of the company's stock.

PNC Financial Services Group Inc (NYSE:PNC) traded down $1.05 during trading hours on Wednesday, hitting $145.10.

The company's ATR (Average True Range) is 2.52. Green Square Capital LLC boosted its stake in shares of PNC Financial Services Group by 0.4% in the 2nd quarter. The stock has a market cap of $69,490.00, a P/E ratio of 17.84, a price-to-earnings-growth ratio of 1.95 and a beta of 0.90. PNC Financial Services Group Inc has a 12 month low of $113.66 and a 12 month high of $147.28. Moreover, Suntrust Banks has 0.29% invested in The PNC Financial Services Group, Inc. The financial services provider reported $2.16 EPS for the quarter, topping analysts' consensus estimates of $2.13 by $0.03. The business had revenue of $4.13 billion during the quarter, compared to the consensus estimate of $4.09 billion. Zwj Invest Counsel Inc stated it has 0.86% of its portfolio in The PNC Financial Services Group, Inc. The business's revenue was up 6.0% on a year-over-year basis.

Many analysts have provided their estimated foresights on The PNC Financial Services Group, Inc. (NYSE:PNC). 1,772 were reported by Denver Advsr. Zacks Investment Research upgraded PNC Financial Services Group from a "hold" rating to a "buy" rating and set a $154.00 price objective on the stock in a report on Tuesday, October 31st. PNC Financial Services had 83 analyst reports since August 6, 2015 according to SRatingsIntel. Credit Suisse Group increased their target price on PNC Financial Services Group from $135.00 to $137.00 and gave the company a "neutral" rating in a research note on Monday, October 16th. During the last month, the stock has changed -2.92% and performed -22.51% over the last 6 months. The firm earned "Buy" rating on Tuesday, July 25 by Deutsche Bank. At one point in the past year, the shares traded as low as $61.02 but has recovered 5.52% since then. The shares were sold at an average price of $136.98, for a total value of $429,432.30. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The firm has a 50-day moving average price of $121.09 and a 200-day moving average price of $120.99. The disclosure for this sale can be found here.

Looking forward, the company's quarterly earnings are expected to come at $0.37 in the three months through December 2017 and $0.37 in the quarter ending March 2018, reflecting -11.9% and 15.63% growth, respectively.

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PNC Bank plans to make Fortis a subsidiary of its Corporate & Institutional Banking business, which offers products and services to middle market businesses.

Executive vice president and head of PNC Corporate & Institutional Banking, Mike Lyons, believes this transaction to be favorable for its fee income and deposits balance.

The top 5 institutional holders, in ascending order, are as follows: WELLINGTON MANAGEMENT GROUP LLP with 35.54 million shares, VANGUARD GROUP INC with 32.72 million shares, BLACKROCK INC. with 27.78 million shares, STATE STREET CORP with 23.08 million shares, and CAPITAL WORLD INVESTORS with 18.35 million shares.

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