Elo Mutual Pension Insurance Co Increases Stake in The PNC Financial Services Group, Inc $PNC

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Elo Mutual Pension Insurance Co significantly increased its stake in The PNC Financial Services Group, Inc. by 59.9% in Q3, now holding shares valued at $6.09 million. Despite this, insiders, including CEO William S. Demchak, have sold a substantial amount of stock. Analysts broadly maintain a “Moderate Buy” rating for PNC, with an average target price of $234.44, following the company’s strong Q4 EPS beat.

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