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PNC Financial Services Group Inc. Has $881.64 Million Stock Holdings in Oracle Corporation $ORCL
PNC Financial Services Group Inc. reduced its stake in Oracle Corporation by 2.6% in the third quarter, holding 3,134,815 shares valued at $881.64 million. Institutional investors collectively own 42.44% of Oracle’s stock, and the company has seen various analyst ratings, with a current average of “Moderate Buy” and a price target of $292.43. Oracle recently announced a quarterly dividend of $0.50 per share and reported quarterly earnings that beat analyst estimates despite a slight revenue miss.