Janus Henderson Group PLC trimmed its holdings in PNC Financial Services Group Inc (NYSE:PNC) by 1.4% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 1,683,789 shares of the financial services provider’s stock after selling 23,908 shares during the period. Janus Henderson Group PLC owned 0.35% of PNC Financial Services Group worth $226,921,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Quadrant Capital Group LLC grew its position in PNC Financial Services Group by 0.3% during the second quarter. Quadrant Capital Group LLC now owns 1,417 shares of the financial services provider’s stock worth $137,000 after buying an additional 4 shares during the period. Hudock Capital Group LLC grew its position in PNC Financial Services Group by 0.4% during the second quarter. Hudock Capital Group LLC now owns 2,692 shares of the financial services provider’s stock worth $336,000 after buying an additional 11 shares during the period. Telemus Capital LLC grew its position in PNC Financial Services Group by 0.3% during the second quarter. Telemus Capital LLC now owns 4,981 shares of the financial services provider’s stock worth $622,000 after buying an additional 16 shares during the period. Green Square Capital LLC grew its position in PNC Financial Services Group by 0.4% during the second quarter. Green Square Capital LLC now owns 4,147 shares of the financial services provider’s stock worth $518,000 after buying an additional 18 shares during the period. Finally, Abner Herrman & Brock LLC grew its position in PNC Financial Services Group by 0.7% during the second quarter. Abner Herrman & Brock LLC now owns 2,899 shares of the financial services provider’s stock worth $362,000 after buying an additional 20 shares during the period. 81.57% of the stock is owned by institutional investors and hedge funds.

In other PNC Financial Services Group news, insider Wyk Steven C. Van sold 5,000 shares of the stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $140.98, for a total transaction of $704,900.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Orlando C. Esposito sold 4,505 shares of the stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $138.85, for a total transaction of $625,519.25. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 42,640 shares of company stock worth $5,901,852. 0.43% of the stock is currently owned by insiders.

Shares of PNC Financial Services Group Inc (NYSE PNC) traded up $0.38 during midday trading on Monday, reaching $143.80. 1,617,000 shares of the company were exchanged, compared to its average volume of 2,191,410. PNC Financial Services Group Inc has a 1 year low of $112.61 and a 1 year high of $145.66. The firm has a market capitalization of $68,420.00, a price-to-earnings ratio of 17.56, a P/E/G ratio of 1.92 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 earnings results 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 had a net margin of 24.61% and a return on equity of 9.29%. The firm had revenue of $4.13 billion for the quarter, compared to analyst estimates of $4.09 billion. During the same quarter last year, the business earned $1.84 earnings per share. PNC Financial Services Group’s revenue was up 7.7% compared to the same quarter last year. analysts anticipate that PNC Financial Services Group Inc will post 8.44 EPS for the current fiscal year.

Several research analysts have weighed in on PNC shares. Robert W. Baird restated a “buy” rating and set a $135.00 target price on shares of PNC Financial Services Group in a research report on Monday, August 28th. Zacks Investment Research upgraded shares of PNC Financial Services Group from a “hold” rating to a “buy” rating and set a $140.00 target price on the stock in a research report on Tuesday, September 5th. Piper Jaffray Companies restated a “buy” rating and set a $134.00 target price on shares of PNC Financial Services Group in a research report on Sunday, August 27th. Nomura upped their target price on shares of PNC Financial Services Group from $132.00 to $135.00 and gave the stock a “neutral” rating in a research report on Monday, October 23rd. Finally, Wells Fargo & Company set a $135.00 target price on shares of PNC Financial Services Group and gave the stock a “hold” rating in a research report on Thursday, October 19th. Sixteen research analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company’s stock. PNC Financial Services Group currently has a consensus rating of “Hold” and a consensus target price of $136.13.

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PNC Financial Services Group 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.

Institutional Ownership by Quarter for PNC Financial Services Group (NYSE:PNC)

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