PNC - The PNC Financial Services Group, Inc.
| Previous Close | 129.97 |
| Open | 130.34 |
| Bid | 131.48 x 1100 |
| Ask | 132.52 x 1300 |
| Day's Range | 130.24 - 132.38 |
| 52 Week Range | 108.45 - 149.49 |
| Volume | 1,130,485 |
| Avg. Volume | 1,955,501 |
| Market Cap | 59.576B |
| Beta (3Y Monthly) | 1.22 |
| PE Ratio (TTM) | 12.12 |
| EPS (TTM) | 10.89 |
| Earnings Date | Jul 17, 2019 |
| Forward Dividend & Yield | 3.80 (2.78%) |
| Ex-Dividend Date | 2019-04-15 |
| 1y Target Est | 142.43 |
- Yahoo Finance Video•18 days ago
Investors, get used to the high volatility: Strategist
Jeff Mills, PNC Financial Services Group Co-Chief Investment Strategist tells Yahoo Finance's Julie Hyman and Adam Shapiro that higher volatility should be the expectation for investors right now.
- Business Wire•3 days ago
Harris Williams Advises LiveAuctioneers LLC on its Controlling Investment by Cove Hill Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised LiveAuctioneers LLC , a portfolio company of Bessemer Venture Partners and Jason Finger, on its controlling investment by Cove Hill Partners .
- Markit•6 days ago
See what the IHS Markit Score report has to say about PNC Financial Services Group Inc.
PNC Financial Services Group Inc NYSE:PNCView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for PNC with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting PNC. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding PNC totaled $12.39 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year, but is easing. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. PNC credit default swap spreads are decreasing and near the lowest level of the last one year, which indicates improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Zacks•7 days ago
Should Value Investors Pick PNC Financial Services (PNC) Stock?
Is PNC Financial Services (PNC) a great pick from the value investor's perspective right now? Read on to know more.
- GuruFocus.com•7 days ago
Warren Buffett's Berkshire Hathaway Buys JPMorgan Chase & Co, Amazon. ...
This is the Q1 portfolio update of Berkshire Hathaway
- American City Business Journals•10 days ago
Workplace Wellness Champion: Eleni Valliant with PNC reaches out to 50,000 employees
Eleni Valliant is a winner of a 2019 Workplace Wellness Champion award. Read about how she has worked to reach 50,000 employees.
Motley Fool•10 days agoTop Stocks Warren Buffett Just Bought
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- Insider Monkey•10 days ago
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Carlson Capital is a Dallas, Texas-based multi-strategy alternative hedge fund that provides additional offices in Houston, New York City, Palm Beach Gardens, Greenwich, and London. It was founded by Clint Carlson back in 1993 and grew big since then, now managing more than $7 billion in hedge fund and CLO assets. Prior to launching his […]
- Financial Times•11 days ago
British Steel secures new funding from lenders to keep operating
The UK’s second-largest steelmaker sought the emergency taxpayer funds to stave off collapse, just two weeks after ministers agreed to a £120m loan to help the business meet payments due under an EU environmental scheme. It has blamed weak trading caused by uncertainty over Brexit for its request of “a package of additional support”, which would be a follow-on slug of cash as part of a total loan of £200m on commercial terms. British Steel said on Thursday evening that it had “the backing of its key stakeholders, including shareholders and lenders”, and that operations were continuing as normal.
- Reuters•11 days ago
Buffett's Berkshire unveils $861 million Amazon stake
The size of the investment was disclosed in a regulatory filing detailing Berkshire's U.S.-listed stocks as of March 31. Wednesday's filing includes investments by Buffett and his portfolio managers Todd Combs and Ted Weschler, but does not say who bought and sold what.
- Insider Monkey•11 days ago
Here Are Some of Billionaire Buffett’s Moves For Q1
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- GuruFocus.com•12 days ago
Warren Buffett's Berkshire Buys Amazon, Boosts JPMorgan, Delta in 1st Quarter
Investor also quits Verizon
- American City Business Journals•13 days ago
Bye-bye bonus? Not really, it's just a bonus by another name
Only nine of the executives on the list of 50 highest-paid received a bonus per se. Instead, they got more through other compensation categories.
- Investing.com•14 days ago
PNC Financial Falls 3%
Investing.com - PNC Financial (NYSE:PNC) fell by 3.08% to trade at $128.37 by 15:32 (19:32 GMT) on Monday on the NYSE exchange.
- Zacks•15 days ago
Why Is PNC Financial Services (PNC) Up 2.9% Since Last Earnings Report?
PNC Financial Services (PNC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Zacks•17 days ago
Bank Stock Roundup: Trade War & Recession Concerns Linger, WFC, C, JPM in Focus
Intensifying trade tension and recession fears hurt bank stocks over the last five trading sessions.
- American City Business Journals•19 days ago
Why PNC deal makes for a beautiful day in the neighborhood for Federated CEO
Whimsy isn’t quite what you’d expect from the head of a global investment firm with $485 billion in managed assets, but Federated Investors Inc. President and CEO Christopher Donahue described his latest acquisition as “a good neighborhood deal.” The very Pittsburgh transaction is a continuation — with a twist — of Federated’s decades-long interactions with PNC Financial Services Group Inc. Federated (NYSE:FII) is a frequent buyer of money market funds from banks, with “dozens” of such deals, Donahue said, but the May 7 agreement to acquire components of PNC Capital Advisors' investment management business marks the first time Federated bought something from PNC. Don’t forget, I live in Mr. Rogers’ house, the house where he raised his kids.” Yes, the previous owner of Donahue’s home in the city’s Squirrel Hill neighborhood was the late television pioneer, Fred Rogers.
- Simply Wall St.•19 days ago
Should You Worry About The PNC Financial Services Group, Inc.'s (NYSE:PNC) CEO Pay Cheque?
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Bill Demchak has been the CEO of The PNC Financial Services Group, Inc. (NYSE:PNC) since 2013...
- American City Business Journals•19 days ago
Investment strategist visits Dayton; talks stock market outlook, next recession
Amanda Agati, co-chief investment strategist for PNC Financial Services Group, provided a stock market outlook and offered insight into where it will go for the rest of this year and into 2020.
- Zacks•19 days ago
Federated to Buy Mutual Funds Worth $14B From PNC Financial
Federated Investors (FII) to acquire liquidity, equity and fixed-income mutual funds of PNC Financial (PNC).
- American City Business Journals•20 days ago
Here's what deal with Federated means for PNC
Pittsburgh’s largest bank isn’t exiting the asset management business, but selling some components of it has enabled PNC Financial Services Group Inc. to streamline operations and concentrate on what it does best. “This is a small part of our asset management business that, overall, is a very attractive, high-return business, and our focus is to accelerate its growth in a way that’s consistent with our Main Street philosophy,” Michael Lyons, PNC’s head of Corporate & Institutional Banking and Asset Management Group, said on Tuesday. “We’re doubling down on what we’re good at and handing off to players who have expertise the businesses where we didn’t have scale.” Before trading began, PNC (NYSE:PNC) announced that it has a deal in place to sell its money market mutual fund business within PNC Capital Advisors to Federated Investors Inc. for $52 million.
- InvestorPlace•20 days ago
5 Warren Buffett Stocks You Can’t Go Wrong With
Editor's note: This story was previously published in March 2019. It has since been updated and republished.Things aren't getting any better for Kraft Heinz (NYSE:KHC). The company's woes started earlier this year with disappointing earnings, lower revenues, a 36% dividend cut and pending asset sales.At the time, Buffett's decision to get in bed with 3G Capital is looked merely like a poor one. It is one that continues to cost Berkshire Hathaway (NYSE:BRK.B) plenty of coin as KHC stock implodes.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Strong Buy Stocks That Tick All the Boxes But as the market focused on Buffett's blunder, the Oracle of Omaha was buying stocks, plenty of them. The reality is that many of his new positions and buys of old favorites were incredibly smart and make up for the misstep at KHC. It's here that Buffett's brilliance as America's favorite value investor shines through. By following Buffett's moves into these picks, investors should get a hefty dose of dividends and gains for years to come.With that, here are five Warren Buffett buys that worth buying yourself.Source: Shutterstock PNC Financial (PNC)It's no secret that Warren Buffett is attracted to stocks in the financial and banking sector. Berkshire Hathaway is the top shareholder in numerous finical institutions and it can add PNC Financial (NYSE:PNC) to that list. Over the last quarter, Buffett & Co. increased his stake in PNC by about 35% and now owns over 8.2 million shares.And it's easy to see why Buffett is in love with PNC.PNC is considered a super-regional bank and operates a huge network of locations across the northeast and Midwest. That huge size and scope came not only from organic growth, but several smart buys of smaller struggling rivals during the recession.Because of this, PNC has continued to see its assets, deposits and loan growth steadily increase. Moreover, the bank is run very conservatively and features low loan losses and fortress-like balance sheet.Management at PNC has also been very smart in other ways as well. The bank has embraced technology throughout its customer system and the firm leads the way in app development, mobile banking and wealth management. And the firm saw the ETF writing on the wall early and holds a huge stake in asset manager BlackRock (NYSE:BLK).With all of this, PNC has continued to reward shareholders. Last year, PNC purchased more than $2.8 billion in stock and handed out more than $1.6 billion in dividends. It's no wonder why Buffett continued to add the regional bank last quarter.Source: Nancy
- Business Wire•20 days ago
Harris Williams Recognized with Six Industry Awards, Including Two Recognitions as Investment Bank of the Year
Harris Williams, a global investment bank specializing in M&A advisory services, received six industry awards to date in 2019, including two recognitions as Investment Bank of the Year. “Since its founding in 1991, Harris Williams has been devoted to execution excellence, fostering longstanding relationships, and acting as a thoughtful partner to clients.
- American City Business Journals•20 days ago
Federated Investors buying parts of PNC Capital Advisors for $52M
Two Pittsburgh-based financial giants confirmed a big deal on Tuesday. Federated Investors Inc. and PNC Financial Services Group said they have reached a definitive agreement for Federated to acquire certain components of PNC Capital Advisors LLC’s investment management business.
- PR Newswire•20 days ago
Federated Investors, Inc. to Acquire Certain Investment-Management-Related Assets from The PNC Financial Services Group
- Transaction includes approximately $9 billion in liquidity assets, $4.2 billion in equity assets and $700 million in fixed-income assets PITTSBURGH , May 7, 2019 /PRNewswire/ -- Federated Investors, ...
