Pnc Financial Services Group (PNC) Stock Value Declined While Twin Capital Management Lowered Its Stake by $311,684; As Dollar General (DG) Shares Declined, Holder Timucuan Asset Management Has Decreased Holding by $24.26 Million

February 21, 2018 - By William Brooks

David Simon decreased its stake in Pnc Financial Services Group (PNC) by 2.77% based on its latest 2017Q3 regulatory filing with the SEC. Twin Capital Management Inc sold 2,326 shares as the company’s stock declined 6.38% while stock markets rallied. The hedge fund run by David Simon held 81,680 shares of the finance company at the end of 2017Q3, valued at $11.01 million, down from 84,006 at the end of the previous reported quarter. Twin Capital Management Inc who had been investing in Pnc Financial Services Group for a number of months, seems to be less bullish one the $75.27B market cap company. The stock increased 0.03% or $0.05 during the last trading session, reaching $159.13. About 1.71M shares traded. The PNC Financial Services Group, Inc. (NYSE:PNC) has risen 35.14% since February 21, 2017 and is uptrending. It has outperformed by 18.44% the S&P500.

Timucuan Asset Management Inc decreased its stake in Dollar General Corporation (DG) by 19.89% based on its latest 2017Q3 regulatory filing with the SEC. Timucuan Asset Management Inc sold 299,549 shares as the company’s stock declined 7.36% while stock markets rallied. The hedge fund held 1.21M shares of the department and specialty retail stores company at the end of 2017Q3, valued at $97.76 million, down from 1.51M at the end of the previous reported quarter. Timucuan Asset Management Inc who had been investing in Dollar General Corporation for a number of months, seems to be less bullish one the $25.68 billion market cap company. The stock decreased 3.24% or $3.17 during the last trading session, reaching $94.56. About 3.11M shares traded or 18.81% up from the average. Dollar General Corporation (NYSE:DG) has declined 12.26% since February 21, 2017 and is downtrending. It has underperformed by 28.96% the S&P500.

Analysts await The PNC Financial Services Group, Inc. (NYSE:PNC) to report earnings on April, 12. They expect $2.41 earnings per share, up 22.96% or $0.45 from last year’s $1.96 per share. PNC’s profit will be $1.14B for 16.51 P/E if the $2.41 EPS becomes a reality. After $2.29 actual earnings per share reported by The PNC Financial Services Group, Inc. for the previous quarter, Wall Street now forecasts 5.24% EPS growth.

Since October 19, 2017, it had 0 buys, and 5 sales for $11.83 million activity. 5,000 shares valued at $675,000 were sold by Van Wyk Steven C. on Thursday, October 19. 46,307 shares valued at $6.64 million were sold by Parsley E William III on Friday, December 8. $1.24M worth of stock was sold by HANNON MICHAEL J on Wednesday, January 17. Shares for $2.85 million were sold by Reilly Robert Q.

Among 33 analysts covering PNC Financial Services (NYSE:PNC), 12 have Buy rating, 1 Sell and 20 Hold. Therefore 36% are positive. PNC Financial Services had 98 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of The PNC Financial Services Group, Inc. (NYSE:PNC) earned “Neutral” rating by Atlantic Securities on Monday, March 14. UBS maintained the shares of PNC in report on Monday, October 16 with “Neutral” rating. The company was upgraded on Thursday, October 6 by Raymond James. RBC Capital Markets maintained The PNC Financial Services Group, Inc. (NYSE:PNC) rating on Friday, January 12. RBC Capital Markets has “Buy” rating and $170.0 target. The firm earned “Mkt Perform” rating on Wednesday, September 2 by Bruyette & Woods;KBW; KBW”. As per Tuesday, January 3, the company rating was maintained by Barclays Capital. The rating was maintained by Wells Fargo on Thursday, October 19 with “Hold”. The firm has “Neutral” rating by Nomura given on Monday, April 25. The firm has “Buy” rating given on Thursday, September 7 by RBC Capital Markets. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, December 21.

Twin Capital Management Inc, which manages about $948.03 million and $1.91 billion US Long portfolio, upped its stake in Crown Castle International Cor (NYSE:CCI) by 7,590 shares to 41,420 shares, valued at $4.14 million in 2017Q3, according to the filing. It also increased its holding in Pfizer Inc Com (NYSE:PFE) by 43,260 shares in the quarter, for a total of 553,760 shares, and has risen its stake in Edwards Lifesciences Corp (NYSE:EW).

Investors sentiment decreased to 0.87 in 2017 Q3. Its down 0.06, from 0.93 in 2017Q2. It fall, as 55 investors sold PNC shares while 364 reduced holdings. 75 funds opened positions while 289 raised stakes. 378.89 million shares or 0.65% less from 381.37 million shares in 2017Q2 were reported. 28,457 are held by Old Mutual Global Investors (Uk). Moreover, Anderson Hoagland Communications has 1.47% invested in The PNC Financial Services Group, Inc. (NYSE:PNC) for 17,680 shares. Warren Averett Asset Management Lc accumulated 2,387 shares. Mawer Invest Mngmt Limited holds 0% or 1,600 shares in its portfolio. Deprince Race And Zollo Inc invested in 178,921 shares. Cincinnati Ins Com has 510,000 shares for 2.05% of their portfolio. Shamrock Asset Mngmt Ltd Liability Corp holds 0.28% or 3,196 shares. Synovus Fincl reported 0.02% in The PNC Financial Services Group, Inc. (NYSE:PNC). Texas Permanent School Fund accumulated 132,803 shares. Teacher Retirement Sys Of Texas reported 171,376 shares. Bowling Portfolio Management Limited Com invested in 0.54% or 26,546 shares. Fisher Asset Ltd Llc accumulated 25,169 shares. Highland Cap Mgmt Lp has 0.51% invested in The PNC Financial Services Group, Inc. (NYSE:PNC). Wetherby Asset holds 11,668 shares or 0.23% of its portfolio. Gam Holding Ag owns 0.01% invested in The PNC Financial Services Group, Inc. (NYSE:PNC) for 1,306 shares.

Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.07, from 0.98 in 2017Q2. It fall, as 58 investors sold DG shares while 187 reduced holdings. 56 funds opened positions while 167 raised stakes. 237.14 million shares or 1.40% less from 240.50 million shares in 2017Q2 were reported. Mufg Americas Holding has 0% invested in Dollar General Corporation (NYSE:DG). Weitz Investment Management holds 1,430 shares or 0% of its portfolio. United Kingdom-based Aviva Public Limited Com has invested 0.07% in Dollar General Corporation (NYSE:DG). 12Th Street Asset Ltd Liability Corp holds 334,937 shares or 7.03% of its portfolio. Royal Natl Bank Of Canada accumulated 0.04% or 1.06M shares. 6,671 are held by Kentucky Retirement Systems Insurance Tru Fund. City Holdg has 19,308 shares for 0.52% of their portfolio. Oppenheimer Asset Mgmt invested in 0.22% or 103,471 shares. Commonwealth Equity stated it has 9,096 shares. Hl Lc owns 58,180 shares or 0.09% of their US portfolio. Professional Advisory Svcs has invested 4.14% in Dollar General Corporation (NYSE:DG). Lazard Asset Mgmt Lc has 0% invested in Dollar General Corporation (NYSE:DG) for 53 shares. Zeke Cap Limited Liability Corp holds 4,131 shares or 0.05% of its portfolio. Intrepid Mngmt invested 0.59% in Dollar General Corporation (NYSE:DG). New York State Common Retirement Fund stated it has 0.07% in Dollar General Corporation (NYSE:DG).

Analysts await Dollar General Corporation (NYSE:DG) to report earnings on March, 15 before the open. They expect $1.47 earnings per share, down 1.34% or $0.02 from last year’s $1.49 per share. DG’s profit will be $399.20 million for 16.08 P/E if the $1.47 EPS becomes a reality. After $0.98 actual earnings per share reported by Dollar General Corporation for the previous quarter, Wall Street now forecasts 50.00% EPS growth.

Among 30 analysts covering Dollar General Corp. (NYSE:DG), 17 have Buy rating, 2 Sell and 11 Hold. Therefore 57% are positive. Dollar General Corp. had 102 analyst reports since August 13, 2015 according to SRatingsIntel. The stock has “Buy” rating by Buckingham Research on Tuesday, February 23. Bank of America upgraded the stock to “Neutral” rating in Wednesday, October 21 report. The stock has “Hold” rating by Jefferies on Thursday, October 12. The stock of Dollar General Corporation (NYSE:DG) has “Hold” rating given on Tuesday, October 3 by KeyBanc Capital Markets. The stock has “Hold” rating by BMO Capital Markets on Tuesday, August 22. The company was maintained on Wednesday, October 7 by Deutsche Bank. RBC Capital Markets maintained it with “Outperform” rating and $98 target in Friday, May 27 report. The firm earned “Neutral” rating on Thursday, August 25 by Credit Suisse. The firm has “Overweight” rating given on Tuesday, November 3 by Piper Jaffray. The firm earned “Buy” rating on Friday, September 29 by Piper Jaffray.

Since September 12, 2017, it had 0 insider buys, and 5 selling transactions for $3.04 million activity. 2,012 shares valued at $186,747 were sold by ELLIOTT ANITA C on Monday, December 18. TAYLOR RHONDA sold $251,895 worth of stock or 2,711 shares. Kindy Michael J sold $683,092 worth of Dollar General Corporation (NYSE:DG) on Thursday, December 14.

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By1 William Brooks

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