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Universal Beteiligungs und Servicegesellschaft mbH Has $59.94 Million Stock Holdings in The PNC Financial Services Group, Inc $PNC
Universal Beteiligungs und Servicegesellschaft mbH reduced its stake in The PNC Financial Services Group, Inc (NYSE:PNC) by 5.5% in the fourth quarter, holding shares valued at $59.94 million. Despite this, institutional investors and hedge funds own a significant 83.53% of the company’s stock. PNC recently reported strong Q1 earnings, surpassing analyst expectations for EPS and revenue, and announced a quarterly dividend of $1.70 per share.