The PNC Financial Services Group, Inc $PNC Shares Bought by Victory Capital Management Inc.

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Victory Capital Management Inc. increased its holdings in The PNC Financial Services Group, Inc. by 13.8% in Q3, now owning 952,404 shares worth $191.3 million. Several other institutional investors also adjusted their positions in the company, with hedge funds and institutional investors collectively owning 83.53% of the stock. Analysts have generally issued “Buy” or “Overweight” ratings for PNC, with an average price target of $234.44, following the company’s strong Q4 earnings report which beat analyst estimates.

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