Hartford Financial Services Group (HIG) Given Daily Coverage Optimism Score of 0.49

O+Dividend+History+Chart
Telemus Capital Has Lowered Pnc Finl Svcs Group (PNC) Holding; Tributary Capital Management Has Lifted Its Potbelly (PBPB) Position
Author

30 May, 2017

Ledyard National Bank now owns 1,182 shares of the financial services provider's stock worth $142,000 after buying an additional 995 shares during the period. LLC now owns 554,738 shares of the insurance provider's stock valued at $23,754,000 after buying an additional 2,950 shares during the last quarter. The stock rose 0.63% or $0.31 reaching $49.54. It has underperformed by 14.21% the S&P500.

Dividend hunters beware, Hartford Financial Services Group (NYSE:HIG) will pay its upcoming dividend of $0.23 on the Monday 03 Jul 2017 and will start trading ex-dividend on the Tue 30 May 2017. Also, insider Michael P. Lyons sold 8,500 shares of the business's stock in a transaction that occurred on Tuesday, February 28th. Highland Cap Lp holds 5,000 shares.

Allstate Corp increased Pnc Finl Svcs Group Inc (PNC) stake by 141.64% reported in 2016Q4 SEC filing. RBC Capital Markets maintained Hartford Financial Services Group Inc (NYSE:HIG) on Tuesday, October 27 with "Sector Perform" rating. It has outperformed by 4.65% the S&P500. Following the completion of the transaction, the insider now directly owns 110,914 shares of the company's stock, valued at approximately $14,128,225.32.

On the close of 05/25/2017 The Hartford Financial Services Group, Inc. (NYSE:HIG) had an excellent day at the stock market, with its price going up by 0.16%, to 49.23. Pinnacle Associate holds 136,331 shares. $461,695 worth of Global Payments Inc (NYSE:GPN) shares were sold by BALDWIN ROBERT H B JR. The firm has "Mkt Perform" rating by FBR Capital given on Monday, November 28. 1,000 shares valued at $116,845 were sold by Van Wyk Steven C. on Friday, January 20. Over the last 90 days, insiders have sold 175,942 shares of company stock worth $22,367,208.

Investors sentiment increased to 0.86 in Q4 2016. Its down 0.09, from 0.98 in 2016Q3. 112 funds opened positions while 405 raised stakes. The insurance provider reported $1.00 EPS for the quarter, missing the consensus estimate of $1.02 by $0.02. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta reported 63,300 shares.

LSV Asset Management decreased its position in shares of PNC Financial Services Group Inc (NYSE:PNC) by 17.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC).

PNC Financial Services Group (NYSE:PNC) last issued its quarterly earnings results on Thursday, April 13th. (NASDAQ:BBBY) shares have traded +0.23%. On average, analysts anticipate that Hartford Financial Services Group Inc will post $4.17 EPS for the current year. 1,000 shares were bought by BUNCH CHARLES E, worth $122,790 on Thursday, February 9. State Street has 0% invested in Potbelly Corp (NASDAQ:PBPB) for 411,670 shares. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new position in PNC Financial Services Group during the fourth quarter valued at about $117,000. Sei Investments invested in 207,312 shares or 0.12% of the stock. Karpas Strategies Ltd holds 5,000 shares or 0.11% of its portfolio. 322 are held by Plante Moran Ltd Liability. Wells Fargo And Mn reported 3.75 million shares. PNC Financial Services Group had a return on equity of 8.96% and a net margin of 23.90%. Therefore 62% are positive. The lowest target is $47.0 while the high is $54.0. After a recent review, the stock has been noted $-2.67 away from the 50-day moving average of $37.52 and $-5.81 away from the 200-day moving average of $40.66. Pnc Financial Services Group now has $58.68 billion valuation. The firm earned "Buy" rating on Friday, April 1 by Evercore. The rating was downgraded by Atlantic Securities to "Neutral" on Wednesday, August 10. The firm has "Hold" rating by Argus Research given on Wednesday, November 18. The company was downgraded on Wednesday, January 6 by Nomura. The firm has "Buy" rating given on Friday, August 7 by Zacks. Hometrust Bancshares Inc (NASDAQ:HTBI) was reduced too. The company has market cap of $2.14 billion. Stock dripped -3.06% over the trailing 6 months.

Among 3 analysts covering Jernigan Capital Inc (NYSE:JCAP), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 100% are positive. The stock now has a consensus rating of "Hold" and an average target price of $50.36. Nike Inc. had 133 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was initiated by Citigroup on Thursday, December 15 with "Sell".

Several research firms recently commented on PNC. It also increased its holding in Dow Chemical Co. Shares for $56,301 were bought by LECHLEITER JOHN C on Friday, March 24. The rating was initiated by Credit Suisse with "Underperform" on Wednesday, January 25. The company was maintained on Monday, September 26 by Jefferies.

Analysts await Southern Co (NYSE:SO) to report earnings on July, 26. PNC Financial Services Group's quarterly revenue was up 6.0% compared to the same quarter past year. HIG's profit would be $356.95M giving it 12.77 P/E if the $0.97 EPS is correct. State Treasurer State of MI raised its stake in shares of PNC Financial Services Group by 0.4% in the first quarter. Its up 0.38, from 1.24 in 2016Q3. Abner Herrman Brock Ltd Liability Company invested in 2,969 shares. 26 funds opened positions while 50 raised stakes. FBR Capital maintained the stock with "Outperform" rating in Thursday, March 2 report. Moreover, Foster And Motley has 0.04% invested in Nike Inc (NYSE:NKE). Howe Rusling holds 0% in Global Payments Inc (NYSE:GPN) or 240 shares. Allsquare Wealth invested in 0.15% or 3,186 shares. The Wisconsin-based Johnson Fincl Gru Incorporated has invested 0.1% in PNC Financial Services Group Inc (NYSE:PNC). (NYSE:DOW) by 7,603 shares in the quarter, for a total of 41,729 shares, and has risen its stake in Schweitzer (NYSE:SWM). Bank & Trust Of America De has 4.34 million shares. Prospector Prns stated it has 206,000 shares or 1.46% of all its holdings. Cibc Asset Management invested in 44,240 shares. Seaward Management Ltd Partnership has 138,538 shares for 0.38% of their portfolio.

Receive News & Ratings for PNC Financial Services Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PNC Financial Services Group Inc and related companies with MarketBeat.com's FREE daily email newsletter.


More news


  • Manchester attack: Timeline of Salman Abedi's actions that led to concert terrorism

    Britain also has a national election scheduled for June 8. The Manchester bombing has raised concern across Europe. Abedi was reportedly banned from the mosque.

    Avon Products, Inc. (AVP) Receives Consensus Recommendation of "Hold" from Brokerages

    Over the long run, the price of a stock will generally go up in lock step with its earnings (assuming the P/E ratio is constant). The Company's divisions include Europe, Middle East & Africa; South Latin America; North Latin America, and Asia Pacific.
    United Kingdom  police say they've arrested some key players behind Manchester bombing

    United Kingdom police say they've arrested some key players behind Manchester bombing

    Ariana Grande shared a heartfelt letter on Twitter following the shocking terrorist attack at her Manchester concert Monday night. Police say they think Abedi assembled his bomb at a rented apartment in central Manchester that was raided by officers Wednesday.
  • J B Hunt Transport Services Inc (JBHT) Short Interest Update

    Sarasin & Partners Llp decreased Equinix Inc (NASDAQ:EQIX) stake by 54,102 shares to 551,674 valued at $197.17 million in 2016Q4. It is negative, as 38 investors sold JBHT shares while 144 reduced holdings. 56 funds opened positions while 118 raised stakes.
    After Merkel rebuke, United Kingdom  says still strong partner to EU

    After Merkel rebuke, United Kingdom says still strong partner to EU

    Trump also lectured his counterparts Thursday on their failure to meet North Atlantic Treaty Organisation spending guidelines. But Seibert also took the opportunity to stress that Merkel remained "a deeply convinced trans-Atlanticist".
    Sony is bringing back the PlayStation E3 Experience this year

    Sony is bringing back the PlayStation E3 Experience this year

    Can't attend the Electronic Entertainment Expo this year? In 2015, Sony began a new E3 tradition. You can find a full listing of theaters that will be hosting the event on this page .
  • The Raymond James Financial, Inc. Plans Quarterly Dividend of $0.22 (RJF)

    Commonwealth Of Pennsylvania Pub School Empls Retrmt System stated it has 16,072 shares. 3,049 are held by Commonwealth Equity. The company was downgraded on Monday, January 25 by Nomura. (NYSE:RJF) earned "Buy" rating by Nomura on Thursday, January 5.
    'Of course' Trump supports NATO: McMaster

    'Of course' Trump supports NATO: McMaster

    Trump's first venture overseas as president also revealed that he is still very much finding his footing on the world stage. They appreciate that Trump's "America First" rhetoric means not pushing Middle Eastern leaders to the breaking point.
    Israeli government meeting near Jerusalem site angers Palestinians

    Israeli government meeting near Jerusalem site angers Palestinians

    More than 400 000 Israelis live in settlements on the West Bank which is considered illegal under worldwide law and a major obstacle to Middle East peace.
  • White House shaken as Russia probe pierces Trump's inner circle

    White House shaken as Russia probe pierces Trump's inner circle

    Mueller can prosecute anyone who lies to him. "Mr Kushner participated in thousands of calls in this time period". Kushner's new relevance in the investigation is only one facet of the struggles facing the administration.

    White House braces for more scrutiny, Trump defends Kushner

    Schiff said that if he had confirmation of the allegations, Kushner's security clearance should be revoked. Trump also wrote that "many of the leaks coming out of the White House are fabricated lies".
    UN envoy to Libya condemns deadly attack on base in south

    UN envoy to Libya condemns deadly attack on base in south

    It says it has suspended the defense minister and the Third Force's commander pending an investigation. The UN-backed Libyan government condemned the attack, which it denied ordering.