PNC Financial Services Group Inc. reduced its stake in Advanced Drainage Systems, Inc. (NYSE:WMS) by 4.8% in Q3, now holding 283,489 shares valued at $39.32 million. Despite this, analysts have become more bullish on WMS, with a consensus “Moderate Buy” rating and an average price target of $186. Advanced Drainage also reported an earnings beat, with EPS of $1.27 against an expected $1.11, and declared a quarterly dividend of $0.18 per share.
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PNC Financial Services Group Inc. Has $39.32 Million Position in Advanced Drainage Systems, Inc. $WMS
PNC Financial Services Group Inc. reduced its stake in Advanced Drainage Systems, Inc. (NYSE:WMS) by 4.8% in Q3, now holding 283,489 shares valued at $39.32 million. Despite this, analysts have become more bullish on WMS, with a consensus “Moderate Buy” rating and an average price target of $186. Advanced Drainage also reported an earnings beat, with EPS of $1.27 against an expected $1.11, and declared a quarterly dividend of $0.18 per share.