PNC Financial Services Group Inc (NYSE:PNC) insider E William Parsley III sold 46,307 shares of the stock in a transaction on Friday, December 8th. The shares were sold at an average price of $143.43, for a total value of $6,641,813.01. Following the transaction, the insider now directly owns 132,544 shares in the company, valued at $19,010,785.92. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

E William Parsley III also recently made the following trade(s):

  • On Wednesday, November 29th, E William Parsley III sold 25,000 shares of PNC Financial Services Group stock. The shares were sold at an average price of $138.68, for a total value of $3,467,000.00.

Shares of PNC Financial Services Group Inc (NYSE:PNC) traded down $0.51 during trading on Tuesday, reaching $143.29. The company had a trading volume of 2,231,100 shares, compared to its average volume of 2,191,576. PNC Financial Services Group Inc has a one year low of $112.61 and a one year high of $145.66. The company has a market cap of $68,420.20, a PE ratio of 17.56, a P/E/G ratio of 1.92 and a beta of 0.90. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 1.24.

PNC Financial Services Group (NYSE:PNC) last announced its earnings results on Friday, October 13th. The financial services provider reported $2.16 EPS for the quarter, topping the Zacks’ consensus estimate of $2.13 by $0.03. PNC Financial Services Group had a return on equity of 9.29% and a net margin of 24.61%. The company had revenue of $4.13 billion for the quarter, compared to analysts’ expectations of $4.09 billion. During the same period last year, the firm earned $1.84 EPS. PNC Financial Services Group’s revenue for the quarter was up 7.7% compared to the same quarter last year. equities research analysts anticipate that PNC Financial Services Group Inc will post 8.44 EPS for the current fiscal year.

A number of hedge funds have recently modified their holdings of PNC. First Command Bank increased its stake in PNC Financial Services Group by 70.2% in the 2nd quarter. First Command Bank now owns 3,757 shares of the financial services provider’s stock worth $468,000 after buying an additional 1,549 shares in the last quarter. BKD Wealth Advisors LLC increased its stake in PNC Financial Services Group by 41.7% in the 2nd quarter. BKD Wealth Advisors LLC now owns 2,755 shares of the financial services provider’s stock worth $344,000 after buying an additional 811 shares in the last quarter. Cardinal Capital Management Inc. increased its stake in PNC Financial Services Group by 1.5% in the 2nd quarter. Cardinal Capital Management Inc. now owns 121,751 shares of the financial services provider’s stock worth $15,203,000 after buying an additional 1,850 shares in the last quarter. Capital One National Association increased its stake in PNC Financial Services Group by 11.8% in the 2nd quarter. Capital One National Association now owns 15,071 shares of the financial services provider’s stock worth $1,882,000 after buying an additional 1,585 shares in the last quarter. Finally, Perkins Coie Trust Co increased its stake in PNC Financial Services Group by 0.9% in the 2nd quarter. Perkins Coie Trust Co now owns 22,507 shares of the financial services provider’s stock worth $2,810,000 after buying an additional 197 shares in the last quarter. Institutional investors and hedge funds own 81.57% of the company’s stock.

Several equities analysts have recently weighed in on PNC shares. Piper Jaffray Companies reissued a “buy” rating and set a $134.00 price target on shares of PNC Financial Services Group in a report on Wednesday, October 4th. Robert W. Baird reissued a “buy” rating and set a $135.00 price target on shares of PNC Financial Services Group in a report on Sunday, October 1st. Zacks Investment Research raised PNC Financial Services Group from a “hold” rating to a “buy” rating and set a $140.00 price target on the stock in a report on Tuesday, September 5th. Royal Bank of Canada reissued a “buy” rating on shares of PNC Financial Services Group in a report on Monday, October 16th. Finally, Stephens cut PNC Financial Services Group from an “overweight” rating to an “equal weight” rating in a report on Thursday, October 5th. They noted that the move was a valuation call. Sixteen research analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $136.13.

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About PNC Financial Services Group

The PNC Financial Services Group, Inc is a diversified financial services company. The Company has businesses engaged in retail banking, including residential mortgage, corporate and institutional banking and asset management. The Company operates through four segments: Retail Banking, Corporate & Institutional Banking, Asset Management Group, and BlackRock.

Insider Buying and Selling by Quarter for PNC Financial Services Group (NYSE:PNC)

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