The stock has a consensus recommendation of "Hold" and a consensus price objective of $118.66. Zacks Investment Research's price target would suggest a potential upside of 10.09% from the company's previous close. (NYSE:PNC) opened at 127.32 on Friday. Also, ease of regulations is likely to support profitability. (The) by 4.2% in the first quarter. "Nevertheless, Fed's approval of 2017 capital plan depicts the bank's financial stability". Dana Holding Corp had 25 analyst reports since September 28, 2015 according to SRatingsIntel.
The bank, based in Pittsburgh, said it had earnings of $2.10 per share. (The) in a report on Wednesday, April 5th. NN Investment Partners Holdings N.V. owned 0.18% of PNC Financial Services Group, Inc. The rating was initiated by UBS on Wednesday, January 11 with "Neutral". Rafferty Capital Markets downgraded shares of PNC Financial Services Group, Inc. (The) from a "neutral" rating to an "underperform" rating and set a $127.00 target price for the company.in a report on Thursday, March 2nd. The stock of PNC Financial Services Group Inc (NYSE:PNC) earned "Outperform" rating by Keefe Bruyette & Woods on Wednesday, August 31. (The) in a report on Monday, April 17th. New York-based Glg Ltd Co has invested 0.21% in PNC Financial Services Group Inc (NYSE:PNC). (The) from $136.00 to $135.00 and set an "overweight" rating for the company in a report on Tuesday, April 18th. Jefferies maintained PNC Financial Services Group Inc (NYSE:PNC) rating on Monday, September 26.
BidaskClub upgraded shares of PNC Financial Services Group, Inc. The present market cap reflects only on the equity of NYSE:PNC Money Center Banks and is vital to note that the firm's choice of capital structure holds a substantial impact on how the aggregate value of the company allocated within the equity and debt. Bank of New York Mellon boosted its stake in PNC Financial Services Group, (The) by 1.2% in the Q1. The stock's 50 day moving average price is $121.09 and its 200-day moving average price is $120.99.
Heading into the earnings release, covering analysts have a consensus target price of $128.85 on The PNC Financial Services Group, Inc. shares. Accern also gave media headlines about the financial services provider an impact score of 60 out of 100, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the immediate future. Revenue jumped 7% to $4.06 billion. (NYSE:PNC) yearly performance is 55.08% and net profit margin is 38.70%. Delta Lloyd NV now owns 58,745 shares of the financial services provider's stock valued at $7,035,000 after buying an additional 4,856 shares in the last quarter. After $1.19 actual earnings per share reported by TE Connectivity Ltd for the previous quarter, Wall Street now forecasts -2.52% negative EPS growth. PNC's profit will be $973.46 million for 15.78 P/E if the $2.01 EPS becomes a reality.
Additionally the company announced a dividend for shareholders payable on Saturday the 5th of August 2017. Stockholders of record on Monday, July 17th will be paid a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 2.36%. The ex-dividend date of this dividend is Thurs, Jul 13th. this indicates a $3.00 annual dividend and a payout of of 2.36%.More news: Enterprise Products Partners LP
The PNC Financial Services Group, Inc is a diversified financial services company. Alyeska Investment Group L.P. increased its position in shares of PNC Financial Services Group, Inc. If you are viewing this article on another publication, it was illegally stolen and republished in violation of USA and global trademark and copyright legislation.
Several hedge funds have recently bought and sold shares of the stock.
Maltese Capital Management Llc decreased Middleburg Financial Corp (NASDAQ:MBRG) stake by 45,100 shares to 30,000 valued at $1.04 million in 2016Q4. The fund owned 852,942 shares of the financial services provider's stock after selling 110,571 shares during the period.
Continued growth in loans helped the company earn higher revenues during the quarter.
About PNC Financial Services Group, Inc. Private Advisor Group LLC now owns 84,418 shares of the financial services provider's stock valued at $8,228,000 after buying an additional 3,397 shares in the last quarter. This is an increase from PNC Financial Services Group, Inc. (The) by 10.5% in the second quarter. Freestone Capital Holdings LLC now owns 6,420 shares of the financial services provider's stock valued at $751,000 after buying an additional 58 shares during the period. Castleark Management LLC increased its stake in PNC Financial Services Group, Inc. Bank of America Corporation BAC will report second-quarter 2017 earnings on Jul 18. However, it, too, needs to be taken into the context of a company's peer group as well as its sector. The Company has businesses engaged in retail banking, including residential mortgage, corporate and institutional banking and asset management, providing many of its products and services nationally. The Firm operates through four divisions: Retail Banking, Corporate & Institutional Banking, Asset Management Group, and BlackRock.