Investors bought shares of PNC Financial Services Group, Inc. (The) (NYSE:PNC) on weakness during trading on Tuesday. $91.28 million flowed into the stock on the tick-up and $55.63 million flowed out of the stock on the tick-down, for a money net flow of $35.65 million into the stock. Of all companies tracked, PNC Financial Services Group, Inc. (The) had the 23rd highest net in-flow for the day. PNC Financial Services Group, Inc. (The) traded down ($4.50) for the day and closed at $134.09

A number of analysts have commented on the stock. J P Morgan Chase & Co upped their price target on shares of PNC Financial Services Group, Inc. (The) from $139.50 to $140.50 and gave the company an “overweight” rating in a research report on Wednesday, November 1st. Zacks Investment Research upgraded shares of PNC Financial Services Group, Inc. (The) from a “hold” rating to a “buy” rating and set a $154.00 price objective on the stock in a report on Tuesday, October 31st. Nomura upped their price objective on shares of PNC Financial Services Group, Inc. (The) from $132.00 to $135.00 and gave the company a “neutral” rating in a report on Monday, October 23rd. Wells Fargo & Company set a $135.00 price objective on shares of PNC Financial Services Group, Inc. (The) and gave the company a “hold” rating in a report on Thursday, October 19th. Finally, UBS AG upped their price objective on shares of PNC Financial Services Group, Inc. (The) from $133.00 to $135.00 and gave the company a “neutral” rating in a report on Monday, October 16th. One research analyst has rated the stock with a sell rating, sixteen have given a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $133.99.

The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 1.24. The firm has a market capitalization of $64,490.00, a PE ratio of 16.93, a PEG ratio of 1.85 and a beta of 0.91.

PNC Financial Services Group, Inc. (The) (NYSE:PNC) last issued its quarterly earnings data on Friday, October 13th. The financial services provider reported $2.16 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.13 by $0.03. PNC Financial Services Group, Inc. (The) 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 the consensus estimate of $4.09 billion. During the same period in the prior year, the firm posted $1.84 EPS. The firm’s quarterly revenue was up 7.7% compared to the same quarter last year. sell-side analysts predict that PNC Financial Services Group, Inc. will post 8.43 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Sunday, November 5th. Shareholders of record on Tuesday, October 17th were given a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date of this dividend was Monday, October 16th. PNC Financial Services Group, Inc. (The)’s payout ratio is 36.54%.

In other news, insider Wyk Steven C. Van sold 5,000 shares of the stock in a transaction that occurred on Thursday, October 19th. The shares were sold at an average price of $135.00, for a total transaction of $675,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Karen L. Larrimer sold 3,135 shares of the stock in a transaction that occurred on Monday, October 30th. The shares were sold at an average price of $136.98, for a total transaction of $429,432.30. Following the transaction, the insider now directly owns 20,449 shares of the company’s stock, valued at $2,801,104.02. The disclosure for this sale can be found here. Corporate insiders own 0.43% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in PNC. Proficio Capital Partners LLC grew its position in shares of PNC Financial Services Group, Inc. (The) by 1,365.4% during the 2nd quarter. Proficio Capital Partners LLC now owns 762 shares of the financial services provider’s stock valued at $100,000 after acquiring an additional 710 shares during the period. Tower Research Capital LLC TRC boosted its holdings in PNC Financial Services Group, Inc. (The) by 12.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 821 shares of the financial services provider’s stock worth $103,000 after buying an additional 91 shares during the period. First Interstate Bank boosted its holdings in PNC Financial Services Group, Inc. (The) by 34.0% in the 1st quarter. First Interstate Bank now owns 957 shares of the financial services provider’s stock worth $115,000 after buying an additional 243 shares during the period. Atlantic Trust LLC bought a new position in PNC Financial Services Group, Inc. (The) in the 2nd quarter worth approximately $129,000. Finally, Legacy Advisors LLC bought a new position in PNC Financial Services Group, Inc. (The) in the 3rd quarter worth approximately $136,000. 81.40% of the stock is owned by hedge funds and other institutional investors.

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About PNC Financial Services Group, Inc. (The)

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.

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