NEOS Investment Management LLC has significantly increased its stake in The PNC Financial Services Group, purchasing an additional 15,680 shares, bringing its total ownership to 49,223 shares valued at approximately $9.89 million. The company has a “Moderate Buy” consensus rating from analysts with an average price target of $234.44, and recently beat quarterly earnings expectations. PNC also announced a quarterly dividend of $1.70 per share, representing a 2.9% yield.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
NEOS Investment Management LLC Buys 15,680 Shares of The PNC Financial Services Group, Inc $PNC
NEOS Investment Management LLC has significantly increased its stake in The PNC Financial Services Group, purchasing an additional 15,680 shares, bringing its total ownership to 49,223 shares valued at approximately $9.89 million. The company has a “Moderate Buy” consensus rating from analysts with an average price target of $234.44, and recently beat quarterly earnings expectations. PNC also announced a quarterly dividend of $1.70 per share, representing a 2.9% yield.