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Diana Shipping (DSX) Shares Declined While Ruffer Llp Has Trimmed Its Holding; As Pnc Finl Svcs Group (PNC) Stock Price Rose, Edgemoor Investment Advisors Has Cut Its Stake

The PNC Financial Services Group, Inc. (NYSE:PNC) Logo

Edgemoor Investment Advisors Inc decreased its stake in Pnc Finl Svcs Group Inc (PNC) by 4.64% based on its latest 2017Q4 regulatory filing with the SEC. Edgemoor Investment Advisors Inc sold 7,532 shares as the company’s stock rose 2.09% while stock markets declined. The institutional investor held 154,735 shares of the finance company at the end of 2017Q4, valued at $23.56 million, down from 162,267 at the end of the previous reported quarter. Edgemoor Investment Advisors Inc who had been investing in Pnc Finl Svcs Group Inc for a number of months, seems to be less bullish one the $70.63B market cap company. The stock decreased 0.23% or $0.35 during the last trading session, reaching $150.44. About 235,936 shares traded. The PNC Financial Services Group, Inc. (NYSE:PNC) has risen 26.21% since May 16, 2017 and is uptrending. It has outperformed by 14.66% the S&P500.

Ruffer Llp decreased its stake in Diana Shipping Inc (DSX) by 39.69% based on its latest 2017Q4 regulatory filing with the SEC. Ruffer Llp sold 200,000 shares as the company’s stock declined 13.51% with the market. The institutional investor held 303,887 shares of the marine transportation company at the end of 2017Q4, valued at $1.23M, down from 503,887 at the end of the previous reported quarter. Ruffer Llp who had been investing in Diana Shipping Inc for a number of months, seems to be less bullish one the $465.18 million market cap company. The stock decreased 1.82% or $0.08 during the last trading session, reaching $4.31. About 153,014 shares traded. Diana Shipping Inc. (NYSE:DSX) has declined 21.78% since May 16, 2017 and is downtrending. It has underperformed by 33.33% the S&P500.

Analysts await Diana Shipping Inc. (NYSE:DSX) to report earnings on July, 25. They expect $-0.10 earnings per share, up 61.54% or $0.16 from last year’s $-0.26 per share. After $-0.04 actual earnings per share reported by Diana Shipping Inc. for the previous quarter, Wall Street now forecasts 150.00% negative EPS growth.

Ruffer Llp, which manages about $2.46B US Long portfolio, upped its stake in Anglogold Ashanti Ltd (NYSE:AU) by 1.47M shares to 3.29M shares, valued at $33.48M in 2017Q4, according to the filing. It also increased its holding in Bancorp Del (NYSE:USB) by 354,337 shares in the quarter, for a total of 2.33 million shares, and has risen its stake in Mckesson Corp (NYSE:MCK).

More news for Diana Shipping Inc. (NYSE:DSX) were recently published by: Seekingalpha.com, which released: “Diana Shipping updates on time charter contracts” on April 18, 2018. Seekingalpha.com‘s article titled: “Diana Shipping’s (DSX) CEO Symeon Palios on Q1 2018 Results – Earnings Call Transcript” and published on May 12, 2018 is yet another important article.

Among 14 analysts covering Diana Shipping (NYSE:DSX), 2 have Buy rating, 2 Sell and 10 Hold. Therefore 14% are positive. Diana Shipping had 32 analyst reports since July 27, 2015 according to SRatingsIntel. On Wednesday, May 24 the stock rating was upgraded by Evercore to “In-Line”. The firm has “Neutral” rating by JP Morgan given on Thursday, October 15. Jefferies initiated it with “Hold” rating and $4.5 target in Monday, December 18 report. On Friday, September 4 the stock rating was downgraded by UBS to “Sell”. The firm has “Buy” rating by Pareto given on Friday, May 11. The stock of Diana Shipping Inc. (NYSE:DSX) earned “Hold” rating by Stifel Nicolaus on Tuesday, July 18. The rating was downgraded by Barclays Capital on Monday, January 11 to “Underweight”. The firm earned “Hold” rating on Monday, August 3 by Stifel Nicolaus. The firm has “Market Perform” rating by Wells Fargo given on Friday, November 20. ABN Amro upgraded the shares of DSX in report on Thursday, April 21 to “Sell” rating.

Among 34 analysts covering PNC Financial Services (NYSE:PNC), 13 have Buy rating, 1 Sell and 20 Hold. Therefore 38% are positive. PNC Financial Services had 108 analyst reports since August 6, 2015 according to SRatingsIntel. BMO Capital Markets maintained The PNC Financial Services Group, Inc. (NYSE:PNC) on Wednesday, January 24 with “Buy” rating. The firm has “Neutral” rating given on Friday, October 2 by Hilliard Lyons. The company was maintained on Sunday, April 15 by Piper Jaffray. Sandler O’Neill maintained the shares of PNC in report on Friday, April 13 with “Buy” rating. The firm has “Buy” rating by Robert W. Baird given on Tuesday, January 2. The rating was maintained by RBC Capital Markets with “Buy” on Friday, October 13. The stock has “Underperform” rating by Bruyette & Woods” on Tuesday, August 11. Citigroup maintained it with “Neutral” rating and $144 target in Monday, October 9 report. As per Monday, December 18, the company rating was maintained by BMO Capital Markets. The stock of The PNC Financial Services Group, Inc. (NYSE:PNC) has “Hold” rating given on Monday, January 8 by Jefferies.

Since December 8, 2017, it had 0 insider purchases, and 3 sales for $10.73 million activity. Reilly Robert Q also sold $2.85M worth of The PNC Financial Services Group, Inc. (NYSE:PNC) shares. Parsley E William III had sold 46,307 shares worth $6.64 million.

More notable recent The PNC Financial Services Group, Inc. (NYSE:PNC) news were published by: Bizjournals.com which released: “Big banks say their legal costs are tumbling” on May 14, 2018, also Bizjournals.com with their article: “7 things to know today and the latest on a new 2558-acre community near Lake Nona” published on May 14, 2018, Prnewswire.com published: “Millennials’ Parents Encouraged Them To Save, Not Invest: PNC Investments Survey” on May 09, 2018. More interesting news about The PNC Financial Services Group, Inc. (NYSE:PNC) were released by: Seekingalpha.com and their article: “Best Wealth-Building Money-Center Bank Stocks By Market-Maker Forecast Now” published on May 03, 2018 as well as Bizjournals.com‘s news article titled: “How PNC’s Tampa wealth director’s part-time music gig helps him deepen customer relationships” with publication date: May 11, 2018.

Analysts await The PNC Financial Services Group, Inc. (NYSE:PNC) to report earnings on July, 13. They expect $2.60 earnings per share, up 23.81% or $0.50 from last year’s $2.1 per share. PNC’s profit will be $1.22B for 14.47 P/E if the $2.60 EPS becomes a reality. After $2.43 actual earnings per share reported by The PNC Financial Services Group, Inc. for the previous quarter, Wall Street now forecasts 7.00% EPS growth.

Edgemoor Investment Advisors Inc, which manages about $707.10 million and $792.29M US Long portfolio, upped its stake in Blackstone Group LP (NYSE:BX) by 9,935 shares to 155,778 shares, valued at $5.46 million in 2017Q4, according to the filing. It also increased its holding in Medtronic Plc (NYSE:MDT) by 3,601 shares in the quarter, for a total of 7,841 shares, and has risen its stake in Ishares Tr (AGG).

Investors sentiment increased to 1.04 in 2017 Q4. Its up 0.17, from 0.87 in 2017Q3. It increased, as 40 investors sold PNC shares while 337 reduced holdings. 99 funds opened positions while 294 raised stakes. 376.44 million shares or 0.65% less from 378.89 million shares in 2017Q3 were reported. Finemark Bankshares has invested 0.05% in The PNC Financial Services Group, Inc. (NYSE:PNC). Reilly Financial Advisors Ltd Liability Co has 577 shares. Coastline Trust reported 3,720 shares. Fiera Corporation accumulated 1,750 shares or 0% of the stock. Apg Asset Mngmt Nv owns 0.33% invested in The PNC Financial Services Group, Inc. (NYSE:PNC) for 1.51 million shares. Brandes Investment Prtn LP holds 559,339 shares or 1.63% of its portfolio. Nuwave Invest Mngmt Llc accumulated 0.26% or 1,515 shares. Dean Investment Limited Liability Company invested in 0.48% or 21,686 shares. Rodgers Brothers Inc stated it has 3,623 shares or 0.17% of all its holdings. Morgan Stanley invested in 0.07% or 1.73M shares. Invesco Ltd has 9.40 million shares. 2,083 are owned by Brighton Jones Ltd Liability. Univest Corporation Of Pennsylvania has invested 2.28% in The PNC Financial Services Group, Inc. (NYSE:PNC). Kdi Cap Prns accumulated 60,172 shares. First Allied Advisory Inc holds 0.06% of its portfolio in The PNC Financial Services Group, Inc. (NYSE:PNC) for 10,365 shares.

The PNC Financial Services Group, Inc. (NYSE:PNC) Institutional Positions Chart

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