Lear (LEA) Market Value Rose While M&T Bank Trimmed by $872,788 Its Position; Univest Of Pennsylvania Upped Its Pnc Finl Svcs Group (PNC) Stake by $375,840; Share Value Declined

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Univest Corp Of Pennsylvania increased its stake in Pnc Finl Svcs Group Inc (PNC) by 9.64% based on its latest 2018Q4 regulatory filing with the SEC. Univest Corp Of Pennsylvania bought 3,240 shares as the company’s stock declined 5.87% while stock markets rallied. The institutional investor held 36,836 shares of the finance company at the end of 2018Q4, valued at $4.31M, up from 33,596 at the end of the previous reported quarter. Univest Corp Of Pennsylvania who had been investing in Pnc Finl Svcs Group Inc for a number of months, seems to be bullish on the $58.91B market cap company. The stock increased 0.20% or $0.26 during the last trading session, reaching $129.86. About 3.69 million shares traded or 39.50% up from the average. The PNC Financial Services Group, Inc. (NYSE:PNC) has declined 19.01% since March 17, 2018 and is downtrending. It has underperformed by 23.38% the S&P500. Some Historical PNC News: 31/05/2018 – WorkFusion expands $50M Series E round, adds Guardian, NewYork-Presbyterian, The PNC Financial Services Group and Al Capital as strategic investors; 22/05/2018 – PNC Closes Above 50-Day Moving Average: Technicals; 11/05/2018 – PNC Financial Services Group Buys 1.6% of Fncb Bancorp Inc; 23/03/2018 – Daily Home: PNC Bank, NASCAR announce 5-year agreement; 23/03/2018 – PNC Bank, NASCAR Ink Official Deal; 27/03/2018 – Auto Channel: PNC Bank Partners With Scam Artist TrueCar; 13/04/2018 – PNC Financial 1Q Net Charge-Offs $113M; 13/04/2018 – PNC FINANCIAL SERVICES GROUP INC – QTRLY SHR $2.43; 13/04/2018 – PNC SEES FULL YEAR 2018 REVENUE UP MID-SINGLE DIGITS; 13/04/2018 – PNC 1Q EPS $2.43

M&T Bank Corp decreased its stake in Lear Corp (LEA) by 51.93% based on its latest 2018Q4 regulatory filing with the SEC. M&T Bank Corp sold 7,154 shares as the company’s stock rose 9.53% with the market. The institutional investor held 6,621 shares of the o.e.m. company at the end of 2018Q4, valued at $813,000, down from 13,775 at the end of the previous reported quarter. M&T Bank Corp who had been investing in Lear Corp for a number of months, seems to be less bullish one the $8.89 billion market cap company. The stock increased 1.17% or $1.64 during the last trading session, reaching $142.18. About 942,490 shares traded or 25.62% up from the average. Lear Corporation (NYSE:LEA) has declined 16.14% since March 17, 2018 and is downtrending. It has underperformed by 20.51% the S&P500. Some Historical LEA News: 14/03/2018 Levi Strauss & Co. Licenses Additional Patents from RevoLaze LLC; 24/05/2018 – Trump threat of auto tariffs opposed by auto industry, Republicans; 17/05/2018 – Lear Declares Quarterly Cash Dividend; 23/05/2018 – Indiewire: Norman Lear Developing Hip-Hop Animated Kids Series for Nickelodeon; 14/05/2018 – Moody’s Affirms Lear’s Ratings, Senior Unsecured At Baa3; Outlook Revised To Positive; 26/04/2018 – Lear Sees FY Sales $21.8B-$22B; 26/04/2018 – LEAR CORP LEA.N SEES FY 2018 SALES $21.8 BLN TO $22 BLN; 26/04/2018 – Lear 1Q Net $353.7M; 27/04/2018 – Lear Corporation Recognized by General Motors as “Supplier of the Year for Complete Seat”; 26/04/2018 – Lear 1Q EPS $5.16

Investors sentiment decreased to 0.58 in 2018 Q4. Its down 0.12, from 0.7 in 2018Q3. It fall, as 68 investors sold LEA shares while 173 reduced holdings. 55 funds opened positions while 85 raised stakes. 58.38 million shares or 6.91% more from 54.61 million shares in 2018Q3 were reported. Suntrust Banks invested 0.04% in Lear Corporation (NYSE:LEA). Maryland-based Fort LP has invested 0.08% in Lear Corporation (NYSE:LEA). Panagora Asset Management reported 0% stake. 3.42M were reported by Harris Assoc Ltd Partnership. Aqr Capital Management Lc stated it has 0.15% in Lear Corporation (NYSE:LEA). Midas Corp, a New York-based fund reported 16,700 shares. Glenmede Tru Communications Na invested 0% of its portfolio in Lear Corporation (NYSE:LEA). 87,891 are owned by Barclays Public Limited Com. American Century Cos invested in 0.01% or 71,092 shares. First Advsr Lp owns 0.08% invested in Lear Corporation (NYSE:LEA) for 289,263 shares. Smith Asset Gru Ltd Partnership holds 0.03% or 6,500 shares in its portfolio. Arizona State Retirement holds 18,583 shares. Mitsubishi Ufj Tru And invested 0.03% of its portfolio in Lear Corporation (NYSE:LEA). Connor Clark Lunn Inv Management Ltd holds 0% or 4,850 shares in its portfolio. Utah Retirement stated it has 12,080 shares.

Since November 16, 2018, it had 0 insider purchases, and 2 sales for $3.05 million activity. $2.95M worth of Lear Corporation (NYSE:LEA) was sold by Larkin Terrence B on Wednesday, February 13.

M&T Bank Corp, which manages about $17.42B US Long portfolio, upped its stake in Apple Inc (NASDAQ:AAPL) by 1.75 million shares to 1.75M shares, valued at $275.57M in 2018Q4, according to the filing. It also increased its holding in Broadcom Inc by 83,213 shares in the quarter, for a total of 83,218 shares, and has risen its stake in Ishares Tr (IWX).

Another recent and important Lear Corporation (NYSE:LEA) news was published by Forbes.com which published an article titled: “What Is The Importance Of Asia To Lear’s Valuation And Growth? – Forbes” on March 07, 2019.

Analysts await Lear Corporation (NYSE:LEA) to report earnings on April, 25. They expect $4.25 earnings per share, down 16.67% or $0.85 from last year’s $5.1 per share. LEA’s profit will be $265.68M for 8.36 P/E if the $4.25 EPS becomes a reality. After $4.05 actual earnings per share reported by Lear Corporation for the previous quarter, Wall Street now forecasts 4.94% EPS growth.

Univest Corp Of Pennsylvania, which manages about $271.41 million US Long portfolio, decreased its stake in Kimberly Clark Corp (NYSE:KMB) by 6,361 shares to 32,399 shares, valued at $3.69 million in 2018Q4, according to the filing. It also reduced its holding in Dowdupont Inc by 9,017 shares in the quarter, leaving it with 5,929 shares, and cut its stake in Alphabet Inc.

Investors sentiment decreased to 0.82 in 2018 Q4. Its down 0.22, from 1.04 in 2018Q3. It dived, as 79 investors sold PNC shares while 359 reduced holdings. 84 funds opened positions while 276 raised stakes. 366.91 million shares or 2.59% more from 357.64 million shares in 2018Q3 were reported. Regal Inv Advsr Limited Liability Company holds 9,597 shares or 0.25% of its portfolio. Commonwealth Of Pennsylvania Pub School Empls Retrmt Systems has invested 0.06% in The PNC Financial Services Group, Inc. (NYSE:PNC). 3,142 are owned by Abner Herrman And Brock Ltd Co. Boston Advsrs Limited Liability Corp owns 0.15% invested in The PNC Financial Services Group, Inc. (NYSE:PNC) for 22,887 shares. Cibc World Mkts holds 0.01% or 21,449 shares in its portfolio. Convergence Investment Prtnrs Lc reported 0.1% stake. Blair William And Il accumulated 0.02% or 23,346 shares. 25 are owned by Focused Wealth. Raymond James Tru Na holds 0.25% or 33,285 shares in its portfolio. Town Country Natl Bank Company Dba First Bankers Company reported 11,422 shares. Congress Asset Management Ma invested in 39,422 shares or 0.07% of the stock. Signature Mngmt stated it has 0.09% of its portfolio in The PNC Financial Services Group, Inc. (NYSE:PNC). Moreover, Cap Invest Ltd Liability Corp has 0.01% invested in The PNC Financial Services Group, Inc. (NYSE:PNC). Fincl Advantage Inc reported 493 shares stake. Connor Clark Lunn Mngmt, a British Columbia – Canada-based fund reported 96,853 shares.

Since January 22, 2019, it had 1 insider buy, and 2 insider sales for $3.59 million activity. 24,722 shares were sold by Reilly Robert Q, worth $3.03 million. Another trade for 5,000 shares valued at $624,099 was made by HANNON MICHAEL J on Tuesday, January 22.

More notable recent The PNC Financial Services Group, Inc. (NYSE:PNC) news were published by: Bizjournals.com which released: “PNC’s executive vice president to join MSA board of directors – Pittsburgh Business Times” on February 27, 2019, also Seekingalpha.com with their article: “Buffett’s Biggest Bet: Why The Big U.S. Banks Are A Good Deal Now – Seeking Alpha” published on March 01, 2019, Bizjournals.com published: “PNC selling part of its recordkeeping business – Pittsburgh Business Times” on March 13, 2019. More interesting news about The PNC Financial Services Group, Inc. (NYSE:PNC) were released by: Bizjournals.com and their article: “These Pittsburgh banks are among the world’s best, Forbes says – Pittsburgh Business Times” published on March 04, 2019 as well as Investorplace.com‘s news article titled: “5 Warren Buffett Stocks You Can’t Go Wrong With – Investorplace.com” with publication date: March 08, 2019.

Lear Corporation (NYSE:LEA) Institutional Positions Chart