Wyk Steven C. Van Sells 5,000 Shares of PNC Financial Services Group Inc (PNC) Stock

PNC Financial Services Group Inc (NYSE:PNC) insider Wyk Steven C. Van sold 5,000 shares of the stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $140.98, for a total transaction of $704,900.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Wyk Steven C. Van also recently made the following trade(s):

  • On Thursday, October 19th, Wyk Steven C. Van sold 5,000 shares of PNC Financial Services Group stock. The shares were sold at an average price of $135.00, for a total transaction of $675,000.00.

Shares of PNC Financial Services Group Inc (PNC) opened at $143.01 on Thursday. PNC Financial Services Group Inc has a 12-month low of $110.97 and a 12-month high of $145.66. The firm has a market cap of $67,768.34, a PE ratio of 17.39, a price-to-earnings-growth ratio of 1.90 and a beta of 0.90. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.92 and a current ratio of 0.92.

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

Institutional investors and hedge funds have recently made changes to their positions in the business. Proficio Capital Partners LLC boosted its stake in shares of PNC Financial Services Group by 1,365.4% in the second quarter. Proficio Capital Partners LLC now owns 762 shares of the financial services provider’s stock valued at $100,000 after purchasing an additional 710 shares during the period. Tower Research Capital LLC TRC boosted its stake in shares of PNC Financial Services Group by 12.5% in the second quarter. Tower Research Capital LLC TRC now owns 821 shares of the financial services provider’s stock valued at $103,000 after purchasing an additional 91 shares during the period. First Interstate Bank lifted its stake in PNC Financial Services Group by 2.6% in the second quarter. First Interstate Bank now owns 982 shares of the financial services provider’s stock worth $123,000 after acquiring an additional 25 shares during the last quarter. Atlantic Trust LLC purchased a new position in PNC Financial Services Group in the second quarter worth approximately $129,000. Finally, Legacy Advisors LLC purchased a new position in PNC Financial Services Group in the third quarter worth approximately $136,000. Institutional investors and hedge funds own 81.57% of the company’s stock.

A number of equities research analysts have recently commented on PNC shares. Wells Fargo & Company began coverage on shares of PNC Financial Services Group in a research report on Wednesday, August 9th. They issued a “market perform” rating and a $119.00 target price for the company. Jefferies Group restated a “hold” rating and set a $136.00 price objective on shares of PNC Financial Services Group in a research report on Friday, August 11th. BidaskClub cut shares of PNC Financial Services Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 12th. Robert W. Baird restated a “buy” rating and set a $135.00 price objective on shares of PNC Financial Services Group in a research report on Monday, August 28th. Finally, Piper Jaffray Companies restated a “buy” rating and set a $134.00 price objective on shares of PNC Financial Services Group in a research report on Sunday, August 27th. Sixteen equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the stock. PNC Financial Services Group currently has a consensus rating of “Hold” and an average price target of $136.13.

ILLEGAL ACTIVITY WARNING: “Wyk Steven C. Van Sells 5,000 Shares of PNC Financial Services Group Inc (PNC) Stock” was first posted by Ticker Report and is the sole property of of Ticker Report. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of U.S. and international trademark and copyright law. The original version of this piece of content can be viewed at https://www.tickerreport.com/banking-finance/3079158/wyk-steven-c-van-sells-5000-shares-of-pnc-financial-services-group-inc-pnc-stock.html.

PNC Financial Services Group Company Profile

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)

Receive News & Ratings for PNC Financial Services Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PNC Financial Services Group Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.