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Skba Capital Management Upped Its International Business Machs (IBM) Stake; Ci Investments Maintains Position in Pnc Finl Svcs Group (PNC)

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

Ci Investments Inc increased its stake in Pnc Finl Svcs Group Inc (PNC) by 98.14% based on its latest 2017Q4 regulatory filing with the SEC. Ci Investments Inc bought 145,389 shares as the company’s stock rose 2.09% while stock markets declined. The institutional investor held 293,536 shares of the finance company at the end of 2017Q4, valued at $42.35 million, up from 148,147 at the end of the previous reported quarter. Ci Investments Inc who had been investing in Pnc Finl Svcs Group Inc for a number of months, seems to be bullish on the $70.73B market cap company. The stock increased 0.47% or $0.7 during the last trading session, reaching $150.65. About 1.53 million shares traded. The PNC Financial Services Group, Inc. (NYSE:PNC) has risen 26.21% since May 18, 2017 and is uptrending. It has outperformed by 14.66% the S&P500.

Skba Capital Management Llc increased its stake in International Business Machs (IBM) by 52.45% based on its latest 2017Q4 regulatory filing with the SEC. Skba Capital Management Llc bought 49,200 shares as the company’s stock declined 0.39% with the market. The institutional investor held 143,010 shares of the computer manufacturing company at the end of 2017Q4, valued at $21.94M, up from 93,810 at the end of the previous reported quarter. Skba Capital Management Llc who had been investing in International Business Machs for a number of months, seems to be bullish on the $132.65B market cap company. The stock decreased 0.09% or $0.13 during the last trading session, reaching $144.5. About 3.15 million shares traded. International Business Machines Corporation (NYSE:IBM) has declined 12.58% since May 18, 2017 and is downtrending. It has underperformed by 24.13% the S&P500.

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. On Friday, May 4 the stock rating was maintained by Bank of America with “Buy”. BMO Capital Markets maintained The PNC Financial Services Group, Inc. (NYSE:PNC) rating on Tuesday, October 3. BMO Capital Markets has “Buy” rating and $139.0 target. The firm has “Buy” rating by Deutsche Bank given on Tuesday, July 25. The rating was maintained by Barclays Capital on Monday, October 16 with “Equal-Weight”. On Monday, August 28 the stock rating was maintained by Robert W. Baird with “Buy”. The stock of The PNC Financial Services Group, Inc. (NYSE:PNC) has “Buy” rating given on Monday, December 4 by Piper Jaffray. Jefferies maintained it with “Hold” rating and $94 target in Monday, September 26 report. The company was downgraded on Monday, October 10 by Nomura. The firm earned “Buy” rating on Thursday, June 22 by BMO Capital Markets. On Wednesday, November 1 the stock rating was maintained by JP Morgan with “Overweight”.

Since December 8, 2017, it had 0 insider purchases, and 3 selling transactions for $10.73 million activity. On Friday, December 15 the insider Reilly Robert Q sold $2.85 million. 46,307 The PNC Financial Services Group, Inc. (NYSE:PNC) shares with value of $6.64M were sold by Parsley E William III.

Ci Investments Inc, which manages about $10.46 billion US Long portfolio, decreased its stake in Finisar Corp (NASDAQ:FNSR) by 101,500 shares to 752,100 shares, valued at $15.31M in 2017Q4, according to the filing. It also reduced its holding in Procter & Gamble Co (NYSE:PG) by 24,630 shares in the quarter, leaving it with 1.06M shares, and cut its stake in Spdr S&P 500 Etf Tr (Put).

More notable recent The PNC Financial Services Group, Inc. (NYSE:PNC) news were published by: Gurufocus.com which released: “Third Avenue Exits Johnson Controls, Amgen Positions, Reduces PNC” on May 16, 2018, also Bizjournals.com with their article: “How PNC’s Tampa wealth director’s part-time music gig helps him deepen customer relationships” published on May 11, 2018, Bizjournals.com published: “Big banks say their legal costs are tumbling” on May 14, 2018. More interesting news about The PNC Financial Services Group, Inc. (NYSE:PNC) were released by: Seekingalpha.com and their article: “How Far Could PNC Financial Fall?” published on May 09, 2018 as well as Bizjournals.com‘s news article titled: “Here’s why a prominent civil rights organization is honoring PNC” with publication date: May 16, 2018.

Investors sentiment increased to 1.04 in 2017 Q4. Its up 0.17, from 0.87 in 2017Q3. It is positive, 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. Moreover, Rampart Inv Ltd has 0.36% invested in The PNC Financial Services Group, Inc. (NYSE:PNC) for 6,507 shares. Ngam Advsrs LP has invested 0.22% in The PNC Financial Services Group, Inc. (NYSE:PNC). Discovery Mngmt Limited Liability Corporation Ct owns 259,349 shares or 1.16% of their US portfolio. Wg Shaheen & Assocs Dba Whitney & has 33,416 shares. Moneta Grp Inv Advsr Ltd Liability Corporation reported 0% of its portfolio in The PNC Financial Services Group, Inc. (NYSE:PNC). Wesbanco Bank owns 71,473 shares. Argi Inv Svcs Ltd Liability Corp holds 0.09% or 9,383 shares. Lvm Cap Mgmt Limited Mi invested 0.13% in The PNC Financial Services Group, Inc. (NYSE:PNC). Charter Trust Communication invested in 0.36% or 21,427 shares. Harvey Inv Limited accumulated 47,573 shares. San Francisco Sentry Grp (Ca) holds 0.01% or 239 shares in its portfolio. Consulate reported 10,256 shares or 0.76% of all its holdings. 42,128 are held by Lpl Finance Ltd Liability. Adage Partners Group Incorporated Limited Co, Massachusetts-based fund reported 1.20M shares. Moreover, Private Advisor Group Inc Lc has 0.18% invested in The PNC Financial Services Group, Inc. (NYSE:PNC).

Since January 31, 2018, it had 1 insider purchase, and 2 selling transactions for $2.69 million activity. Clementi Erich also sold $2.01M worth of International Business Machines Corporation (NYSE:IBM) on Friday, February 23. 610 International Business Machines Corporation (NYSE:IBM) shares with value of $99,659 were bought by WADDELL FREDERICK H.

Investors sentiment increased to 1.03 in Q4 2017. Its up 0.29, from 0.74 in 2017Q3. It improved, as 54 investors sold IBM shares while 604 reduced holdings. 156 funds opened positions while 519 raised stakes. 504.07 million shares or 2.90% less from 519.10 million shares in 2017Q3 were reported. Swiss National Bank has invested 0.58% in International Business Machines Corporation (NYSE:IBM). Scotia Capital stated it has 133,394 shares or 0.27% of all its holdings. Boston Ltd Liability holds 0.04% or 10,746 shares in its portfolio. Rbo Com Ltd Liability Corp reported 22,882 shares. Lbmc Inv Advsrs Ltd owns 2,627 shares. Osborne Prtnrs Cap Mngmt Limited Com stated it has 31,777 shares. Dixon Hubard Feinour And Brown Va stated it has 0.42% in International Business Machines Corporation (NYSE:IBM). Northside Capital Limited Company holds 0.06% in International Business Machines Corporation (NYSE:IBM) or 1,454 shares. Motco reported 0.78% stake. Ckw Financial Grp holds 947 shares. Burney Communication has invested 0.61% in International Business Machines Corporation (NYSE:IBM). Pittenger Anderson Incorporated has 0.01% invested in International Business Machines Corporation (NYSE:IBM). Heritage Management Corporation accumulated 132,146 shares or 1.22% of the stock. Strategic Finance Svcs accumulated 9,088 shares. Summit Securities Gru Ltd has invested 0.03% in International Business Machines Corporation (NYSE:IBM).

Skba Capital Management Llc, which manages about $958.13 million and $719.31 million US Long portfolio, decreased its stake in Intel Corp (NASDAQ:INTC) by 10,500 shares to 472,420 shares, valued at $21.81 million in 2017Q4, according to the filing. It also reduced its holding in Boeing Co (NYSE:BA) by 32,200 shares in the quarter, leaving it with 36,350 shares, and cut its stake in Abbvie Inc (NYSE:ABBV).

International Business Machines Corporation (NYSE:IBM) Institutional Positions Chart

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