PNC Financial Services Group Inc (NYSE:PNC) insider Robert Q. Reilly sold 19,576 shares of the stock in a transaction on Friday, December 15th. The shares were sold at an average price of $145.51, for a total transaction of $2,848,503.76. Following the sale, the insider now directly owns 103,299 shares of the company’s stock, valued at approximately $15,031,037.49. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

PNC Financial Services Group Inc (NYSE PNC) opened at $144.92 on Thursday. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.92 and a quick ratio of 0.92. PNC Financial Services Group Inc has a 1-year low of $113.66 and a 1-year high of $147.28. The company has a market cap of $69,490.00, a price-to-earnings ratio of 17.84, a price-to-earnings-growth ratio of 1.95 and a beta of 0.90.

PNC Financial Services Group (NYSE:PNC) last issued its quarterly earnings data on Friday, October 13th. The financial services provider reported $2.16 EPS for the quarter, topping the Thomson Reuters’ 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 business had revenue of $4.13 billion during the quarter, compared to analyst estimates of $4.09 billion. During the same period in the prior year, the business earned $1.84 EPS. The company’s revenue for the quarter was up 7.7% on a year-over-year basis. sell-side analysts predict that PNC Financial Services Group Inc will post 8.44 earnings per share for the current fiscal year.

Several equities research analysts have weighed in on the stock. Wells Fargo & Company set a $149.00 price target on shares of PNC Financial Services Group and gave the company a “hold” rating in a research report on Wednesday. Piper Jaffray Companies reissued a “buy” rating and set a $151.00 price target on shares of PNC Financial Services Group in a research report on Monday, December 4th. Zacks Investment Research cut shares of PNC Financial Services Group from a “buy” rating to a “hold” rating in a research report on Monday, October 30th. Nomura increased their price target on shares of PNC Financial Services Group from $132.00 to $135.00 and gave the company a “neutral” rating in a research report on Monday, October 23rd. Finally, J P Morgan Chase & Co increased their price target on shares of PNC Financial Services Group from $139.50 to $140.50 and gave the company an “overweight” rating in a research report on Wednesday, November 1st. Sixteen research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $136.83.

Several institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of PNC Financial Services Group by 1.8% in the 2nd quarter. Vanguard Group Inc. now owns 32,555,070 shares of the financial services provider’s stock worth $4,065,151,000 after acquiring an additional 589,235 shares in the last quarter. BlackRock Inc. increased its stake in shares of PNC Financial Services Group by 1.3% in the 2nd quarter. BlackRock Inc. now owns 27,475,136 shares of the financial services provider’s stock worth $3,430,820,000 after acquiring an additional 341,222 shares in the last quarter. FMR LLC increased its stake in shares of PNC Financial Services Group by 13.9% in the 2nd quarter. FMR LLC now owns 15,676,614 shares of the financial services provider’s stock worth $1,957,539,000 after acquiring an additional 1,915,923 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of PNC Financial Services Group by 7.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 12,752,413 shares of the financial services provider’s stock worth $1,592,394,000 after acquiring an additional 875,164 shares in the last quarter. Finally, Capital World Investors increased its stake in shares of PNC Financial Services Group by 6.9% in the 2nd quarter. Capital World Investors now owns 10,112,603 shares of the financial services provider’s stock worth $1,262,761,000 after acquiring an additional 654,997 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

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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)

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