Crews Bank & Trust acquired a new position in PPG Industries worth approximately $42,000 during the fourth quarter, with institutional investors holding 81.86% of the stock. PPG, which manufactures paints and coatings globally, has faced recent downgrades from several analysts, with a consensus "Hold" rating and a price target of $137.77. The company's stock traded down 4% to $105.73, following a quarterly earnings report that missed estimates.
brinker international sees significant institutional investment growth in third quarter
Principal Financial Group Inc. increased its stake in Brinker International by 23.5% in Q3, now holding 272,822 shares valued at $20.9 million. Other investors, including Empowered Funds LLC and Intech Investment Management LLC, also acquired significant stakes. Barclays raised its price target for Brinker from $143 to $150, while the stock currently holds a "Hold" rating among analysts, with a consensus price target of $109.45.
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