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Vanguard Group Inc. Grows Stake in The PNC Financial Services Group, Inc $PNC
Vanguard Group Inc. increased its stake in The PNC Financial Services Group, Inc. by 1.1% in the 4th quarter, bringing its total ownership to 9.91% of the company’s stock. Other institutional investors also adjusted their positions, while company insiders, including CEO William S. Demchak, sold shares. Analysts maintain a “Moderate Buy” rating with an average target price of $241.69 for PNC.