Toronto Dominion Bk Ont (TD) Shareholder Korea Investment Has Decreased Stake by $7.56 Million as Stock Price Declined; Pnc Finl Svcs Group (PNC) Shareholder Jfs Wealth Advisors Decreased Its Position

January 19, 2018 - By Richard Conner

Korea Investment Corp decreased its stake in Toronto Dominion Bk Ont (TD) by 8.23% based on its latest 2017Q3 regulatory filing with the SEC. Korea Investment Corp sold 135,066 shares as the company’s stock declined 12.05% while stock markets rallied. The institutional investor held 1.51M shares of the commercial banks company at the end of 2017Q3, valued at $84.60M, down from 1.64 million at the end of the previous reported quarter. Korea Investment Corp who had been investing in Toronto Dominion Bk Ont for a number of months, seems to be less bullish one the $107.94B market cap company. The stock increased 0.20% or $0.12 during the last trading session, reaching $59.49. About 466,045 shares traded. The Toronto-Dominion Bank (NYSE:TD) has risen 8.67% since January 19, 2017 and is uptrending. It has underperformed by 8.03% the S&P500.

Jfs Wealth Advisors Llc decreased its stake in Pnc Finl Svcs Group Inc (PNC) by 32.59% based on its latest 2017Q3 regulatory filing with the SEC. Jfs Wealth Advisors Llc sold 7,417 shares as the company’s stock declined 6.38% while stock markets rallied. The institutional investor held 15,341 shares of the finance company at the end of 2017Q3, valued at $2.07 million, down from 22,758 at the end of the previous reported quarter. Jfs Wealth Advisors Llc who had been investing in Pnc Finl Svcs Group Inc for a number of months, seems to be less bullish one the $73.60B market cap company. The stock increased 0.63% or $0.97 during the last trading session, reaching $154.68. About 1.26 million shares traded. The PNC Financial Services Group, Inc. (NYSE:PNC) has risen 35.14% since January 19, 2017 and is uptrending. It has outperformed by 18.44% the S&P500.

Investors sentiment decreased to 0.87 in 2017 Q3. Its down 0.06, from 0.93 in 2017Q2. It dropped, 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. Northwest Invest Counselors Limited Liability Corp reported 2,449 shares. Counselors, Missouri-based fund reported 90,096 shares. Fisher Asset Mgmt Limited Liability Company holds 0% or 25,169 shares in its portfolio. Pennsylvania-based Wealthtrust Axiom Limited has invested 0.21% in The PNC Financial Services Group, Inc. (NYSE:PNC). Commonwealth Of Pennsylvania School Empls Retrmt accumulated 38,972 shares or 0.08% of the stock. 402,198 were reported by Suntrust Banks. Tiemann Invest Advsrs Ltd Liability Corporation owns 1,864 shares. Bluefin Trading Limited Liability Corp invested in 38,400 shares. Nippon Life Ins owns 19,699 shares or 0.05% of their US portfolio. Walleye Trading Ltd Liability Com has 2,653 shares. Crossvault Management Ltd owns 4.02% invested in The PNC Financial Services Group, Inc. (NYSE:PNC) for 52,027 shares. Shelton Cap Mngmt holds 0.23% or 21,881 shares in its portfolio. Ig Inv Mngmt Ltd holds 0.28% or 402,400 shares. New York State Teachers Retirement System has invested 0.27% of its portfolio in The PNC Financial Services Group, Inc. (NYSE:PNC). Geode Mngmt Limited Com stated it has 0.24% in The PNC Financial Services Group, Inc. (NYSE:PNC).

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 96 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was upgraded by Evercore on Friday, April 1 to “Buy”. The stock of The PNC Financial Services Group, Inc. (NYSE:PNC) earned “Buy” rating by Rafferty on Monday, July 17. RBC Capital Markets maintained the stock with “Buy” rating in Friday, October 13 report. The stock of The PNC Financial Services Group, Inc. (NYSE:PNC) earned “Outperform” rating by BMO Capital Markets on Monday, September 19. The rating was maintained by Keefe Bruyette & Woods on Thursday, June 22 with “Hold”. RBC Capital Markets maintained The PNC Financial Services Group, Inc. (NYSE:PNC) on Thursday, September 7 with “Buy” rating. The firm has “Hold” rating by Susquehanna given on Monday, January 15. The company was maintained on Friday, August 11 by Jefferies. The stock of The PNC Financial Services Group, Inc. (NYSE:PNC) earned “Hold” rating by Oppenheimer on Friday, July 14. Deutsche Bank downgraded The PNC Financial Services Group, Inc. (NYSE:PNC) rating on Tuesday, September 26. Deutsche Bank has “Hold” rating and $136.0 target.

Since October 19, 2017, it had 0 insider purchases, and 4 insider sales for $10.59 million activity. The insider Larrimer Karen L. sold $429,417. 5,000 The PNC Financial Services Group, Inc. (NYSE:PNC) shares with value of $675,000 were sold by Van Wyk Steven C.. Parsley E William III sold $6.64 million worth of The PNC Financial Services Group, Inc. (NYSE:PNC) on Friday, December 8.

Jfs Wealth Advisors Llc, which manages about $1.43B and $387.06 million US Long portfolio, upped its stake in Ishares Tr (IWB) by 12,262 shares to 223,251 shares, valued at $31.23M in 2017Q3, according to the filing. It also increased its holding in Ishares Tr (IWM) by 2,724 shares in the quarter, for a total of 10,663 shares, and has risen its stake in Ishares Tr (IWN).

Korea Investment Corp, which manages about $21.65 billion US Long portfolio, upped its stake in Udr Inc (NYSE:UDR) by 30,300 shares to 35,280 shares, valued at $1.34 million in 2017Q3, according to the filing. It also increased its holding in Flextronics Intl Ltd (NASDAQ:FLEX) by 152,600 shares in the quarter, for a total of 257,300 shares, and has risen its stake in Coach Inc (NYSE:COH).

Among 10 analysts covering TD Bank (NYSE:TD), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. TD Bank had 22 analyst reports since August 12, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Friday, August 28 by RBC Capital Markets. The firm has “Sector Perform” rating given on Monday, March 13 by RBC Capital Markets. As per Monday, August 31, the company rating was maintained by BMO Capital Markets. The stock of The Toronto-Dominion Bank (NYSE:TD) earned “Buy” rating by Citigroup on Wednesday, September 14. The firm earned “Neutral” rating on Monday, September 21 by Credit Suisse. The firm has “Outperform” rating given on Tuesday, May 3 by Credit Suisse. The company was upgraded on Tuesday, May 23 by Barclays Capital. Bank of America initiated the shares of TD in report on Tuesday, November 1 with “Buy” rating. The rating was maintained by Scotia Capital on Friday, August 28 with “Sector Perform”. On Friday, August 26 the stock rating was downgraded by IBC to “Sector Performer”.

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