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Aberdeen Group plc Reduces Stock Holdings in The PNC Financial Services Group, Inc $PNC
Aberdeen Group plc reduced its stake in The PNC Financial Services Group, Inc. by 2.8% in Q4, selling 9,222 shares and now holding 320,720 shares valued at approximately $66.94 million. Insiders have also been net sellers, with executive VPs selling shares in February, totaling 64,186 shares worth $14.84 million in the last 90 days. Despite insider selling, Wall Street analysts have a “Moderate Buy” consensus rating with a target price of $238.28, and PNC recently exceeded quarterly EPS and revenue estimates while offering a 3.2% dividend yield.