Monetary Management Group Has Upped Holding in Pnc Financial (PNC); Wynnefield Capital Lowered Its Dlh Holdings (DLHC) Position as Shares Declined

February 23, 2018 - By John Mackenzie

Monetary Management Group Inc increased its stake in Pnc Financial (PNC) by 58.83% based on its latest 2017Q3 regulatory filing with the SEC. Monetary Management Group Inc bought 9,545 shares as the company’s stock declined 6.38% while stock markets rallied. The institutional investor held 25,770 shares of the finance company at the end of 2017Q3, valued at $3.47 million, up from 16,225 at the end of the previous reported quarter. Monetary Management Group Inc who had been investing in Pnc Financial for a number of months, seems to be bullish on the $75.34 billion market cap company. The stock increased 1.06% or $1.67 during the last trading session, reaching $159.27. About 1.05 million shares traded. The PNC Financial Services Group, Inc. (NYSE:PNC) has risen 35.14% since February 23, 2017 and is uptrending. It has outperformed by 18.44% the S&P500.

Nelson Obus decreased its stake in Dlh Holdings Corp (DLHC) by 7% based on its latest 2017Q3 regulatory filing with the SEC. Wynnefield Capital Inc sold 327,437 shares as the company’s stock declined 6.98% while stock markets rallied. The hedge fund run by Nelson Obus held 4.35 million shares of the professional services company at the end of 2017Q3, valued at $28.21 million, down from 4.68 million at the end of the previous reported quarter. Wynnefield Capital Inc who had been investing in Dlh Holdings Corp for a number of months, seems to be less bullish one the $69.04M market cap company. The stock increased 0.87% or $0.05 during the last trading session, reaching $5.81. About 225 shares traded. DLH Holdings Corp. (NASDAQ:DLHC) has risen 11.29% since February 23, 2017 and is uptrending. It has underperformed by 5.41% the S&P500.

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 company was maintained on Tuesday, January 2 by Robert W. Baird. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, June 22. The firm earned “Equalweight” rating on Monday, July 18 by Barclays Capital. Piper Jaffray maintained the shares of PNC in report on Monday, January 15 with “Buy” rating. As per Tuesday, August 11, the company rating was downgraded by Bruyette & Woods”. The company was initiated on Tuesday, November 24 by Piper Jaffray. The rating was maintained by RBC Capital Markets on Monday, December 12 with “Top Pick”. The rating was downgraded by Nomura on Monday, October 10 to “Neutral”. The stock of The PNC Financial Services Group, Inc. (NYSE:PNC) has “Equal Weight” rating given on Tuesday, January 3 by Barclays Capital. The stock has “Neutral” rating by Nomura on Thursday, September 28.

Investors sentiment decreased to 0.87 in 2017 Q3. Its down 0.06, from 0.93 in 2017Q2. It worsened, 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. Pl Cap Advsrs Ltd Liability Company holds 25,000 shares. Bailard owns 67,908 shares. Keybank Association Oh holds 0.26% in The PNC Financial Services Group, Inc. (NYSE:PNC) or 320,087 shares. Amica Pension Fund Board Of Trustees reported 0.43% in The PNC Financial Services Group, Inc. (NYSE:PNC). Parametric Associate Ltd Liability Co, Washington-based fund reported 1.30 million shares. Viking Fund Management Ltd invested in 3,500 shares or 0.08% of the stock. Maryland-based Fulton Breakefield Broenniman Limited Liability Company has invested 2.27% in The PNC Financial Services Group, Inc. (NYSE:PNC). Waddell Reed Incorporated owns 1.17 million shares for 0.35% of their portfolio. Argyle Cap Inc invested in 6,016 shares or 0.32% of the stock. First Fin Corporation In reported 0.06% stake. Ahl Prtnrs Llp has 13,377 shares. Cetera Advisor Netwr Ltd Liability Corporation invested 0.06% in The PNC Financial Services Group, Inc. (NYSE:PNC). 82,765 are owned by Mutual Of America Lc. Alabama-based Wealthtrust has invested 0.16% in The PNC Financial Services Group, Inc. (NYSE:PNC). Federated Investors Pa has 0.27% invested in The PNC Financial Services Group, Inc. (NYSE:PNC) for 686,744 shares.

Monetary Management Group Inc, which manages about $313.72 million and $237.18M US Long portfolio, decreased its stake in Boeing (NYSE:BA) by 2,125 shares to 13,935 shares, valued at $3.54 million in 2017Q3, according to the filing. It also reduced its holding in I Shares Russell 2000 Index Fd (IWM) by 2,600 shares in the quarter, leaving it with 9,930 shares, and cut its stake in Newell Brands Inc. (NYSE:NWL).

Since October 19, 2017, it had 0 insider buys, and 5 selling transactions for $11.83 million activity. Shares for $675,000 were sold by Van Wyk Steven C.. $6.64M worth of stock was sold by Parsley E William III on Friday, December 8. Shares for $2.85M were sold by Reilly Robert Q. $1.24 million worth of The PNC Financial Services Group, Inc. (NYSE:PNC) shares were sold by HANNON MICHAEL J.

Among 2 analysts covering DLH Holdings (NASDAQ:DLHC), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. DLH Holdings had 5 analyst reports since June 11, 2017 according to SRatingsIntel. The stock has “Buy” rating by Canaccord Genuity on Sunday, June 11. Noble Financial maintained the stock with “Buy” rating in Thursday, December 7 report. The firm has “Buy” rating given on Wednesday, December 6 by Canaccord Genuity. The rating was maintained by Noble Financial with “Buy” on Wednesday, August 9. The rating was maintained by Canaccord Genuity with “Buy” on Wednesday, October 11.

Analysts await DLH Holdings Corp. (NASDAQ:DLHC) to report earnings on May, 9. They expect $0.15 earnings per share, up 87.50% or $0.07 from last year’s $0.08 per share. DLHC’s profit will be $1.78 million for 9.68 P/E if the $0.15 EPS becomes a reality. After $0.04 actual earnings per share reported by DLH Holdings Corp. for the previous quarter, Wall Street now forecasts 275.00% EPS growth.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts