Varma Mutual Pension Insurance Co increased its stake in The PNC Financial Services Group, Inc. by 21.9% in the third quarter, bringing its total holdings to 82,234 shares valued at $16.52 million. This move is part of broader institutional investor activity in PNC, with the stock trading down 2.5% recently but showing strong financial performance and a “Moderate Buy” consensus rating from analysts. The company also announced a quarterly dividend of $1.70 per share.
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Varma Mutual Pension Insurance Co Raises Stock Holdings in The PNC Financial Services Group, Inc $PNC
Varma Mutual Pension Insurance Co increased its stake in The PNC Financial Services Group, Inc. by 21.9% in the third quarter, bringing its total holdings to 82,234 shares valued at $16.52 million. This move is part of broader institutional investor activity in PNC, with the stock trading down 2.5% recently but showing strong financial performance and a “Moderate Buy” consensus rating from analysts. The company also announced a quarterly dividend of $1.70 per share.