SeaCrest Wealth Management LLC acquired a new stake in PNC Financial Services Group Inc (NYSE:PNC) during the fourth quarter, HoldingsChannel reports. The fund acquired 1,774 shares of the financial services provider’s stock, valued at approximately $256,000.

Other large investors have also recently made changes to their positions in the company. Tower Research Capital LLC TRC increased its position in shares of PNC Financial Services Group by 12.5% in the 2nd 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 last quarter. Atlantic Trust LLC purchased a new stake in shares of PNC Financial Services Group in the 2nd quarter valued at approximately $129,000. Legacy Advisors LLC purchased a new stake in shares of PNC Financial Services Group in the 3rd quarter valued at approximately $136,000. Quadrant Capital Group LLC increased its position in shares of PNC Financial Services Group by 0.3% in the 2nd quarter. Quadrant Capital Group LLC now owns 1,417 shares of the financial services provider’s stock valued at $137,000 after purchasing an additional 4 shares during the last quarter. Finally, Resources Investment Advisors Inc. increased its position in shares of PNC Financial Services Group by 130.7% in the 4th quarter. Resources Investment Advisors Inc. now owns 1,059 shares of the financial services provider’s stock valued at $153,000 after purchasing an additional 600 shares during the last quarter. 82.24% of the stock is currently owned by institutional investors.

In other news, insider Robert Q. Reilly sold 19,576 shares of the firm’s stock in a transaction on Friday, December 15th. The shares were sold at an average price of $145.51, for a total value of $2,848,503.76. Following the completion of the sale, the insider now owns 103,299 shares in the company, valued at approximately $15,031,037.49. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider E William Parsley III sold 25,000 shares of the firm’s stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $138.68, for a total transaction of $3,467,000.00. The disclosure for this sale can be found here. In the last quarter, insiders have sold 103,894 shares of company stock valued at $14,897,513. 0.43% of the stock is owned by company insiders.

A number of equities research analysts have commented on the stock. Morgan Stanley increased their price objective on shares of PNC Financial Services Group from $165.00 to $168.00 and gave the company an “equal weight” rating in a research report on Friday, February 2nd. BMO Capital Markets restated a “buy” rating on shares of PNC Financial Services Group in a report on Thursday, January 25th. Argus upped their target price on shares of PNC Financial Services Group to $170.00 and gave the company a “buy” rating in a report on Tuesday, January 16th. Oppenheimer restated a “hold” rating on shares of PNC Financial Services Group in a report on Tuesday, January 16th. Finally, Wells Fargo & Co set a $157.00 target price on shares of PNC Financial Services Group and gave the company a “hold” rating in a report on Tuesday, January 16th. Eighteen investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $145.98.

Shares of PNC Financial Services Group Inc (PNC) opened at $151.71 on Friday. The firm has a market cap of $71,758.84, a price-to-earnings ratio of 17.83, a P/E/G ratio of 1.42 and a beta of 0.93. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.93 and a current ratio of 0.94. PNC Financial Services Group Inc has a 52 week low of $115.25 and a 52 week high of $160.07.

PNC Financial Services Group (NYSE:PNC) last issued its quarterly earnings results on Friday, January 12th. The financial services provider reported $2.29 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.20 by $0.09. The firm had revenue of $4.26 billion during the quarter, compared to analysts’ expectations of $4.15 billion. PNC Financial Services Group had a net margin of 29.60% and a return on equity of 9.52%. PNC Financial Services Group’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.97 EPS. analysts forecast that PNC Financial Services Group Inc will post 10.38 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, February 5th. Investors of record on Wednesday, January 17th were paid a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date of this dividend was Tuesday, January 16th. PNC Financial Services Group’s dividend payout ratio is currently 28.85%.

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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.

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

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