Fifth Third Bancorp Raised Holding in Cme Group (CME) by $1.46 Million as Stock Rose; Pnc Financial Svcs Group (PNC) Holding Has Increased by Northcoast Asset Management Llc

April 24, 2018 - By Hazel Jackson

CME Group Inc. (NASDAQ:CME) Logo

Fifth Third Bancorp increased its stake in Cme Group Inc (CME) by 6.73% based on its latest 2017Q4 regulatory filing with the SEC. Fifth Third Bancorp bought 9,977 shares as the company’s stock rose 9.29% while stock markets declined. The institutional investor held 158,222 shares of the investment bankers and brokers and service company at the end of 2017Q4, valued at $23.11 million, up from 148,245 at the end of the previous reported quarter. Fifth Third Bancorp who had been investing in Cme Group Inc for a number of months, seems to be bullish on the $54.72B market cap company. The stock decreased 2.11% or $3.46 during the last trading session, reaching $160.74. About 880,423 shares traded. CME Group Inc. (NASDAQ:CME) has risen 37.71% since April 24, 2017 and is uptrending. It has outperformed by 26.16% the S&P500.

Northcoast Asset Management Llc increased its stake in Pnc Financial Svcs Group (PNC) by 47.22% based on its latest 2017Q4 regulatory filing with the SEC. Northcoast Asset Management Llc bought 8,568 shares as the company’s stock rose 2.09% while stock markets declined. The institutional investor held 26,714 shares of the finance company at the end of 2017Q4, valued at $3.86 million, up from 18,146 at the end of the previous reported quarter. Northcoast Asset Management Llc who had been investing in Pnc Financial Svcs Group for a number of months, seems to be bullish on the $67.96 billion market cap company. The stock decreased 0.43% or $0.62 during the last trading session, reaching $144.59. About 1.65M shares traded. The PNC Financial Services Group, Inc. (NYSE:PNC) has risen 26.21% since April 24, 2017 and is uptrending. It has outperformed by 14.66% 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 107 analyst reports since August 6, 2015 according to SRatingsIntel. On Friday, July 14 the stock rating was maintained by Oppenheimer with “Hold”. Piper Jaffray maintained it with “Buy” rating and $165.0 target in Monday, January 15 report. The firm has “Neutral” rating given on Thursday, September 28 by Nomura. Barclays Capital maintained The PNC Financial Services Group, Inc. (NYSE:PNC) rating on Monday, October 16. Barclays Capital has “Equal-Weight” rating and $139 target. As per Monday, February 26, the company rating was maintained by Keefe Bruyette & Woods. The stock of The PNC Financial Services Group, Inc. (NYSE:PNC) earned “Hold” rating by Wells Fargo on Wednesday, December 20. The stock of The PNC Financial Services Group, Inc. (NYSE:PNC) has “Hold” rating given on Wednesday, April 4 by Keefe Bruyette & Woods. RBC Capital Markets maintained the shares of PNC in report on Friday, January 12 with “Buy” rating. BMO Capital Markets maintained The PNC Financial Services Group, Inc. (NYSE:PNC) rating on Friday, January 12. BMO Capital Markets has “Buy” rating and $177.0 target. RBC Capital Markets maintained The PNC Financial Services Group, Inc. (NYSE:PNC) rating on Thursday, September 7. RBC Capital Markets has “Buy” rating and $130.0 target.

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. Farmers Bankshares stated it has 8,382 shares or 1.96% of all its holdings. Moreover, Riverhead Cap Management Llc has 0.23% invested in The PNC Financial Services Group, Inc. (NYSE:PNC) for 37,127 shares. Citigroup has invested 0.07% in The PNC Financial Services Group, Inc. (NYSE:PNC). Perkins Coie Tru Com accumulated 22,600 shares. Next Financial Grp Incorporated Inc invested in 0.17% or 2,736 shares. Cambridge Tru holds 408,995 shares. Rothschild Investment Il holds 0.15% or 9,882 shares. Parkside Fin Bancorporation Trust reported 0.01% stake. First City Capital invested in 4,374 shares or 0.43% of the stock. Valley Natl Advisers reported 5,501 shares stake. Deroy And Devereaux Private Investment Counsel owns 144,112 shares. Welch Forbes Ltd Liability Corporation invested 0.04% in The PNC Financial Services Group, Inc. (NYSE:PNC). North Star Mgmt holds 4,265 shares. Barrett Asset Lc holds 6,770 shares. Robecosam Ag has 69,880 shares for 0.67% of their portfolio.

Since October 30, 2017, it had 0 buys, and 4 sales for $11.16 million activity. 46,307 The PNC Financial Services Group, Inc. (NYSE:PNC) shares with value of $6.64M were sold by Parsley E William III. Reilly Robert Q had sold 19,576 shares worth $2.85M on Friday, December 15. Larrimer Karen L. sold $429,417 worth of stock.

Northcoast Asset Management Llc, which manages about $1.11B US Long portfolio, decreased its stake in Sherwin (NYSE:SHW) by 13,939 shares to 39,071 shares, valued at $16.02M in 2017Q4, according to the filing. It also reduced its holding in F5 Networks Inc (NASDAQ:FFIV) by 8,034 shares in the quarter, leaving it with 138,072 shares, and cut its stake in Bank Of America Corp (NYSE:BAC).

Fifth Third Bancorp, which manages about $14.70B US Long portfolio, decreased its stake in Ishares Tr (JXI) by 6,747 shares to 8,387 shares, valued at $415,000 in 2017Q4, according to the filing. It also reduced its holding in Fiserv Inc (NASDAQ:FISV) by 3,406 shares in the quarter, leaving it with 75,312 shares, and cut its stake in Mckesson Corp (NYSE:MCK).

Investors sentiment increased to 1.15 in 2017 Q4. Its up 0.14, from 1.01 in 2017Q3. It is positive, as 29 investors sold CME shares while 224 reduced holdings. 78 funds opened positions while 212 raised stakes. 265.76 million shares or 0.05% less from 265.89 million shares in 2017Q3 were reported. Natixis owns 169,513 shares or 0.19% of their US portfolio. 112,135 were accumulated by America First Invest Advsrs Ltd Liability Corporation. Pinnacle Prns owns 2,038 shares. Neuberger Berman Gp Limited Liability Company owns 2.77M shares. Wells Fargo & Mn invested in 0.18% or 4.22M shares. Moreover, Two Sigma Securities Limited Liability has 0.2% invested in CME Group Inc. (NASDAQ:CME) for 50,157 shares. Ngam Advsrs Limited Partnership reported 81,887 shares. Umb Bank N A Mo reported 187,811 shares. 88,822 are held by Capital Advsrs Ok. Horizon Kinetics Limited Liability Com holds 0.92% in CME Group Inc. (NASDAQ:CME) or 213,998 shares. Moreover, Nippon Life Investors Americas Inc has 1.01% invested in CME Group Inc. (NASDAQ:CME). Bluemar Capital Mgmt Ltd Liability Com owns 2.46% invested in CME Group Inc. (NASDAQ:CME) for 35,356 shares. Glob X Mgmt Company Limited Company holds 7,606 shares. Point72 Asset Management Ltd Partnership has invested 0.04% in CME Group Inc. (NASDAQ:CME). Hennessy holds 4,550 shares or 0.02% of its portfolio.

Among 19 analysts covering CME Group (NASDAQ:CME), 11 have Buy rating, 1 Sell and 7 Hold. Therefore 58% are positive. CME Group had 64 analyst reports since August 3, 2015 according to SRatingsIntel. On Friday, July 29 the stock rating was maintained by UBS with “Buy”. Keefe Bruyette & Woods maintained CME Group Inc. (NASDAQ:CME) on Monday, February 26 with “Hold” rating. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, August 1 report. RBC Capital Markets maintained it with “Buy” rating and $13000 target in Monday, June 12 report. Keefe Bruyette & Woods maintained CME Group Inc. (NASDAQ:CME) on Wednesday, July 5 with “Hold” rating. Jefferies maintained CME Group Inc. (NASDAQ:CME) on Monday, June 5 with “Buy” rating. As per Tuesday, April 10, the company rating was maintained by Jefferies. The company was maintained on Monday, September 11 by RBC Capital Markets. The firm has “Equal Weight” rating given on Tuesday, August 11 by Barclays Capital. The firm has “Neutral” rating by JP Morgan given on Monday, November 14.

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

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