Nichols & Pratt Advisers Llp Lifted Amazon Com (AMZN) Stake By $964,080; Pnc Financial Services Group (the) (PNC) Shorts Down By 3.6%

May 21, 2018 - By Marguerite Chambers

Amazon.com, Inc. (NASDAQ:AMZN) Logo

Pnc Financial Services Group Inc (the) (NYSE:PNC) had a decrease of 3.6% in short interest. PNC’s SI was 5.15 million shares in May as released by FINRA. Its down 3.6% from 5.34M shares previously. With 2.41M avg volume, 2 days are for Pnc Financial Services Group Inc (the) (NYSE:PNC)’s short sellers to cover PNC’s short positions. The SI to Pnc Financial Services Group Inc (the)’s float is 1.09%. The stock increased 0.45% or $0.67 during the last trading session, reaching $149.43. About 1.13M shares traded. The PNC Financial Services Group, Inc. (NYSE:PNC) has risen 26.21% since May 21, 2017 and is uptrending. It has outperformed by 14.66% the S&P500.

Nichols & Pratt Advisers Llp increased Amazon Com Inc (AMZN) stake by 32.75% reported in 2017Q4 SEC filing. Nichols & Pratt Advisers Llp acquired 824 shares as Amazon Com Inc (AMZN)’s stock rose 28.13%. The Nichols & Pratt Advisers Llp holds 3,340 shares with $3.91 million value, up from 2,516 last quarter. Amazon Com Inc now has $769.31B valuation. The stock increased 0.70% or $11.09 during the last trading session, reaching $1585.46. About 2.48 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 76.78% since May 21, 2017 and is uptrending. It has outperformed by 65.23% the S&P500.

Since December 8, 2017, it had 0 insider buys, and 3 sales for $10.73 million activity. Reilly Robert Q sold $2.85M worth of stock. $6.64M worth of stock was sold by Parsley E William III on Friday, December 8. $1.24 million worth of The PNC Financial Services Group, Inc. (NYSE:PNC) shares were sold by HANNON MICHAEL J.

The PNC Financial Services Group, Inc. operates as a diversified financial services firm in the United States and internationally. The company has market cap of $70.16 billion. The companyÂ’s Retail Banking segment offers deposit, lending, brokerage, investment management, and cash management services to consumer and small business clients through branch network, ATMs, call centers, online banking, and mobile channels. It has a 13.8 P/E ratio. As of December 31, 2016, this segment operated a network of 2,520 branches and 9,024 ATMs.

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. The stock of The PNC Financial Services Group, Inc. (NYSE:PNC) has “Buy” rating given on Friday, May 4 by Bank of America. As per Friday, October 2, the company rating was initiated by Hilliard Lyons. BMO Capital Markets maintained the shares of PNC in report on Friday, January 12 with “Buy” rating. Credit Suisse maintained The PNC Financial Services Group, Inc. (NYSE:PNC) rating on Monday, July 17. Credit Suisse has “Neutral” rating and $126 target. On Tuesday, January 17 the stock rating was upgraded by Macquarie Research to “Outperform”. The stock of The PNC Financial Services Group, Inc. (NYSE:PNC) has “Buy” rating given on Friday, October 13 by RBC Capital Markets. The company was maintained on Monday, December 12 by RBC Capital Markets. KBW upgraded The PNC Financial Services Group, Inc. (NYSE:PNC) on Wednesday, September 2 to “Market Perform” rating. Jefferies maintained the stock with “Hold” rating in Thursday, June 8 report. Susquehanna maintained The PNC Financial Services Group, Inc. (NYSE:PNC) on Thursday, January 4 with “Hold” rating.

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 The PNC Financial Services Group, Inc. 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. Shine Inv Advisory has invested 0.03% of its portfolio in The PNC Financial Services Group, Inc. (NYSE:PNC). National Registered Investment Advisor Incorporated invested in 0.91% or 13,192 shares. Atlas Browninc owns 0.17% invested in The PNC Financial Services Group, Inc. (NYSE:PNC) for 6,020 shares. Cadence Cap Management Ltd Liability Company invested in 0.5% or 54,952 shares. Community Savings Bank Na has invested 0.09% in The PNC Financial Services Group, Inc. (NYSE:PNC). Synovus Fincl has 9,208 shares. Carroll Financial Associate owns 2,226 shares or 0.04% of their US portfolio. Tompkins Financial holds 4,874 shares or 0.16% of its portfolio. Cornercap Investment Counsel Incorporated reported 8,291 shares. Ameriprise has invested 0.24% in The PNC Financial Services Group, Inc. (NYSE:PNC). State Of Wisconsin Inv Board reported 0.32% stake. Sei reported 277,466 shares. 345,569 are owned by Loomis Sayles Lp. Jolley Asset Management Ltd, a North Carolina-based fund reported 125 shares. Deprince Race & Zollo invested in 139,512 shares.

More notable recent The PNC Financial Services Group, Inc. (NYSE:PNC) news were published by: Bizjournals.com which released: “Six Pittsburgh-area companies on 2018’s Fortune 500 list” on May 21, 2018, also Seekingalpha.com with their article: “How Far Could PNC Financial Fall?” published on May 09, 2018, Gurufocus.com published: “Third Avenue Exits Johnson Controls, Amgen Positions, Reduces PNC” on May 16, 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 Prnewswire.com‘s news article titled: “Millennials’ Parents Encouraged Them To Save, Not Invest: PNC Investments Survey” with publication date: May 09, 2018.

Investors sentiment increased to 1.29 in 2017 Q4. Its up 0.03, from 1.26 in 2017Q3. It improved, as 69 investors sold AMZN shares while 578 reduced holdings. 168 funds opened positions while 667 raised stakes. 280.02 million shares or 0.09% more from 279.77 million shares in 2017Q3 were reported. Archford Cap Strategies Llc stated it has 196 shares or 0.09% of all its holdings. Js Cap Mgmt Ltd Com accumulated 12,000 shares or 6.78% of the stock. Old Mutual Global Invsts (Uk) has 36,354 shares. Vaughan Nelson Limited Partnership has 0.19% invested in Amazon.com, Inc. (NASDAQ:AMZN). Private Advsrs Inc holds 897 shares or 0.36% of its portfolio. Northeast Fincl Consultants holds 6,112 shares or 2.38% of its portfolio. Drw Secs Ltd Liability Corporation reported 5,616 shares. South Texas Money Limited stated it has 1,954 shares. Estabrook holds 0% or 10 shares in its portfolio. Cobblestone Capital Ltd Liability Com Ny reported 2.14% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Virtus Inv Advisers reported 1.69% stake. Jag Cap Mgmt Ltd Liability owns 18,815 shares. Lafayette holds 0.09% or 212 shares in its portfolio. Whittier accumulated 32,699 shares or 1.33% of the stock. Eastern Savings Bank owns 20,378 shares.

Among 55 analysts covering Amazon.com (NASDAQ:AMZN), 52 have Buy rating, 0 Sell and 3 Hold. Therefore 95% are positive. Amazon.com had 302 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Piper Jaffray on Tuesday, January 9 with “Buy”. The rating was maintained by Suntrust Robinson on Wednesday, July 6 with “Neutral”. The rating was initiated by Aegis Capital with “Buy” on Friday, January 20. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by BMO Capital Markets on Friday, July 28. The firm has “Buy” rating by Citigroup given on Friday, July 24. The company was maintained on Friday, April 27 by Aegis Capital. The company was maintained on Friday, July 29 by Benchmark. The firm earned “Overweight” rating on Thursday, April 19 by Morgan Stanley. Canaccord Genuity maintained the shares of AMZN in report on Monday, October 23 with “Buy” rating. The stock has “Overweight” rating by Morgan Stanley on Wednesday, November 11.

Since December 7, 2017, it had 0 insider purchases, and 15 insider sales for $49.01 million activity. WILKE JEFFREY A had sold 2,000 shares worth $2.91 million. Another trade for 670 shares valued at $1.01 million was made by ALBERG TOM A on Wednesday, February 21. The insider Jassy Andrew R sold $2.90 million. STONESIFER PATRICIA Q sold $2.17M worth of stock or 1,375 shares. Zapolsky David had sold 2,216 shares worth $3.24M. $18.50 million worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Blackburn Jeffrey M. 544 shares were sold by Reynolds Shelley, worth $795,502.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Seekingalpha.com which released: “Amazon’s Advertising Business: An Emerging Giant” on May 21, 2018, also Livetradingnews.com with their article: “Amazon.com, Inc. (NASDAQ:AMZN) Bearish Divergence” published on May 21, 2018, Seekingalpha.com published: “Amazon’s AWS: The Land Of Milk And Honey” on May 21, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Seekingalpha.com and their article: “Alphabet: Has Google’s Growth Slowed?” published on May 21, 2018 as well as Fool.com‘s news article titled: “Are Amazon Returns Really Boosting Kohl’s That Much?” with publication date: May 21, 2018.

Nichols & Pratt Advisers Llp decreased Raytheon Co (NYSE:RTN) stake by 8,000 shares to 2,500 valued at $470,000 in 2017Q4. It also reduced Schlumberger Ltd (NYSE:SLB) stake by 8,481 shares and now owns 259,094 shares. Sysco Corp (NYSE:SYY) was reduced too.

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

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