PNC Financial Services Group (NYSE:PNC) Receives Media Impact Rating of 2.50

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News headlines about PNC Financial Services Group (NYSE:PNC) have trended positive on Sunday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PNC Financial Services Group earned a news sentiment score of 2.50 on their scale. InfoTrie also assigned headlines about the financial services provider an news buzz score of 4 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Here are some of the news headlines that may have impacted PNC Financial Services Group’s ranking:

PNC opened at $104.61 on Friday. PNC Financial Services Group has a fifty-two week low of $79.41 and a fifty-two week high of $161.79. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.89 and a current ratio of 0.90. The company has a market capitalization of $43.78 billion, a P/E ratio of 9.74, a P/E/G ratio of 2.57 and a beta of 1.29. The stock has a fifty day moving average of $99.68 and a 200-day moving average of $132.48.

PNC Financial Services Group (NYSE:PNC) last posted its earnings results on Wednesday, April 15th. The financial services provider reported $1.95 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.71 by $0.24. PNC Financial Services Group had a return on equity of 10.16% and a net margin of 23.23%. The company had revenue of $4.52 billion during the quarter, compared to the consensus estimate of $4.39 billion. During the same quarter last year, the firm earned $2.61 earnings per share. The company’s revenue was up 5.4% on a year-over-year basis. On average, equities research analysts predict that PNC Financial Services Group will post 5.73 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 5th. Investors of record on Thursday, April 16th were paid a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a yield of 4.40%. The ex-dividend date of this dividend was Wednesday, April 15th. PNC Financial Services Group’s dividend payout ratio (DPR) is presently 40.39%.

Several equities analysts recently weighed in on the stock. UBS Group cut shares of PNC Financial Services Group from a “neutral” rating to a “sell” rating and set a $88.00 target price for the company. in a research note on Monday, May 4th. Oppenheimer reissued a “hold” rating on shares of PNC Financial Services Group in a research note on Sunday, April 19th. Royal Bank of Canada reissued a “buy” rating and issued a $120.00 target price on shares of PNC Financial Services Group in a research note on Wednesday, April 8th. Morgan Stanley cut their price target on PNC Financial Services Group from $107.00 to $98.00 and set an “equal weight” rating for the company in a report on Thursday, April 16th. Finally, Keefe, Bruyette & Woods raised PNC Financial Services Group from a “market perform” rating to an “outperform” rating and set a $136.00 price target for the company in a report on Wednesday, April 1st. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the stock. PNC Financial Services Group currently has a consensus rating of “Hold” and a consensus target price of $126.67.

In related news, Director Andrew T. Feldstein purchased 9,767 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The stock was acquired at an average price of $102.39 per share, with a total value of $1,000,043.13. Following the completion of the purchase, the director now directly owns 42,623 shares in the company, valued at $4,364,168.97. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard J. Harshman purchased 1,000 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was bought at an average cost of $97.55 per share, with a total value of $97,550.00. Following the purchase, the director now owns 1,150 shares of the company’s stock, valued at $112,182.50. The disclosure for this purchase can be found here. In the last ninety days, insiders purchased 21,302 shares of company stock valued at $2,097,575. 0.30% of the stock is owned by insiders.

PNC Financial Services Group Company Profile

The PNC Financial Services Group, Inc operates as a diversified financial services company in the United States. The Retail Banking segment offers deposit, lending, brokerage, insurance, and investment and cash management services to consumer and small business customers through a network of branches, ATMs, call centers, and online banking and mobile channels.

See Also: NASDAQ

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