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Marcum Wealth LLC cuts PNC Financial shares, but earnings beat expectations with a $1.60 dividend.
Marcum Wealth LLC has reduced its holdings in PNC Financial Services Group by 5.5%, now owning 5,243 shares valued at $1,011,000.
Despite this, other investors like Valley Wealth Managers Inc. and City State Bank have increased their stakes.
PNC's earnings per share were $3.49, above expectations, and the company declared a $1.60 dividend.
Analysts have mixed views on the stock, with a "Hold" average rating and a target price of $203.29.
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Marcum Wealth LLC recorta las acciones financieras de la PNC, pero las ganancias superan las expectativas con un dividendo de $1,60.