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PNC Financial Services Group Inc. Has $53.76 Million Holdings in T. Rowe Price Group, Inc. $TROW
PNC Financial Services Group Inc. reduced its stake in T. Rowe Price Group by 10.1% in the third quarter, now holding 523,800 shares valued at $53.76 million. T. Rowe Price reported slightly missed EPS estimates but saw revenue grow by 6%, and the company increased its quarterly dividend. Analysts have a “Reduce” consensus rating for T. Rowe Price, with an average target price of $102.50.