$2.59 EPS Expected for The PNC Financial Services Group, Inc. (PNC)

June 22, 2018 - By Linda Rogers

The PNC Financial Services Group, Inc. (NYSE:PNC) LogoInvestors sentiment decreased to 0.72 in Q1 2018. Its down 0.32, from 1.04 in 2017Q4. It fall, as 54 investors sold The PNC Financial Services Group, Inc. shares while 421 reduced holdings. 91 funds opened positions while 253 raised stakes. 373.26 million shares or 0.84% less from 376.44 million shares in 2017Q4 were reported.
Pinnacle Incorporated invested 0.03% of its portfolio in The PNC Financial Services Group, Inc. (NYSE:PNC). Buckingham Cap Mngmt Inc has 1,852 shares for 0.06% of their portfolio. Willingdon Wealth Mgmt accumulated 0.03% or 700 shares. The Kentucky-based Mcf Advisors Ltd Com has invested 0.05% in The PNC Financial Services Group, Inc. (NYSE:PNC). Braun Stacey holds 1.14% or 109,676 shares. Berkshire Asset Management Limited Liability Com Pa owns 2.48% invested in The PNC Financial Services Group, Inc. (NYSE:PNC) for 169,058 shares. Ftb Advisors reported 0.36% stake. Financial, Texas-based fund reported 2 shares. Impax Asset Mgmt Ltd Liability Com accumulated 5,148 shares. Susquehanna Gru Ltd Liability Partnership reported 0% in The PNC Financial Services Group, Inc. (NYSE:PNC). Gideon Advsrs holds 0.72% or 7,711 shares in its portfolio. Jacobs Levy Equity Mngmt owns 142,164 shares or 0.36% of their US portfolio. Virginia-based Trust Of Virginia Va has invested 0.23% in The PNC Financial Services Group, Inc. (NYSE:PNC). Whittier Trust Of Nevada, a Nevada-based fund reported 5,918 shares. Cap Guardian Trust accumulated 19,900 shares.

Since January 17, 2018, it had 0 insider buys, and 1 insider sale for $1.24 million activity.

Analysts expect The PNC Financial Services Group, Inc. (NYSE:PNC) to report $2.59 EPS on July, 13.They anticipate $0.49 EPS change or 23.33 % from last quarter’s $2.1 EPS. PNC’s profit would be $1.22B giving it 13.55 P/E if the $2.59 EPS is correct. After having $2.43 EPS previously, The PNC Financial Services Group, Inc.’s analysts see 6.58 % EPS growth. The stock decreased 0.70% or $0.99 during the last trading session, reaching $140.35. About 791,020 shares traded. The PNC Financial Services Group, Inc. (NYSE:PNC) has risen 21.98% since June 22, 2017 and is uptrending. It has outperformed by 9.41% the S&P500.

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

Among 14 analysts covering PNC Financial (NYSE:PNC), 8 have Buy rating, 0 Sell and 6 Hold. Therefore 57% are positive. PNC Financial had 25 analyst reports since January 2, 2018 according to SRatingsIntel. The firm has “Buy” rating by Bank of America given on Friday, May 4. Piper Jaffray maintained the shares of PNC in report on Monday, January 15 with “Buy” rating. The stock has “Buy” rating by RBC Capital Markets on Friday, January 12. The firm earned “Hold” rating on Monday, January 15 by Susquehanna. BMO Capital Markets maintained The PNC Financial Services Group, Inc. (NYSE:PNC) on Friday, April 13 with “Buy” rating. BMO Capital Markets maintained the stock with “Buy” rating in Friday, January 12 report. As per Tuesday, January 16, the company rating was maintained by Wells Fargo. The firm has “Buy” rating by Bank of America given on Tuesday, March 13. The company was maintained on Wednesday, April 4 by Keefe Bruyette & Woods. The firm has “Hold” rating by Susquehanna given on Thursday, January 4.

The PNC Financial Services Group, Inc. operates as a diversified financial services firm in the United States and internationally. The company has market cap of $65.89 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. It has a 12.96 P/E ratio. As of December 31, 2016, this segment operated a network of 2,520 branches and 9,024 ATMs.

More recent The PNC Financial Services Group, Inc. (NYSE:PNC) news were published by: Globenewswire.com which released: “New Research Coverage Highlights Matrix Service, The PNC Financial Services Group, Williams-Sonoma, GrubHub …” on June 13, 2018. Also Bizjournals.com published the news titled: “PNC provides financing for acquisition of national retailer of athletic shoes” on June 18, 2018. Bizjournals.com‘s news article titled: “$10.5M funding deal creates jobs, focus on future workforce in Bradenton” with publication date: June 22, 2018 was also an interesting one.

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

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