Price T Rowe Group Inc’s (NASDAQ:TROW) Sentiment is 0.7

June 27, 2018 - By Don Salinas

T. Rowe Price Group, Inc. (NASDAQ:TROW) Corporate Logo

Price T Rowe Group Inc’s Sentiment

In Q1 2018 Price T Rowe Group Inc (NASDAQ:TROW) big money sentiment decreased to 0.7, according to SEC filings. So its down -0.30, from 2017Q4’s 1. 234 active investment managers increased and opened new positions, while 332 cut down and sold equity positions in Price T Rowe Group Inc so the sentiment has worsened. These funds own 169.45 million shares, that’s down from 170.77 million shares in 2017Q4. Funds holding Price T Rowe Group Inc in top 10 decreased from 16 to 13 for a decrease of 3. In total 43 funds closed positions, 289 reduced and 169 increased. Also 65 funds bought new Price T Rowe Group Inc stakes.

Largest Price T Rowe Group Inc Shareholders

As of Q1 2018 Marathon Capital Management has 56% invested in Price T Rowe Group Inc. As of Q1 2018, 1.56 million shares of Price T Rowe Group Inc are owned by Provident Trust Co. Moreover, Fayez Sarofim & Co reported 8.01 million shares in Price T Rowe Group Inc equivalent to 4.68% of its long stock exposure. Obermeyer Wood Investment Counsel Lllp revealed 433,135 shares position in Price T Rowe Group Inc. The Michigan-based fund Rk Asset Management Llc holds 33,958 shares or 3.64% of their long stock exposure.

T. Rowe Price Group, Inc. is a publicly owned investment manager.The firm is worth $28.68 billion. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions.The P/E ratio is 19.09. It launches and manages equity and fixed income mutual funds.

The stock decreased 0.16% or $0.19 during the last trading session, hitting $118.46.T. Rowe Price Group, Inc. has volume of 321,511 shares. Since June 27, 2017 TROW has risen 74.25% and is uptrending. The stock outperformed the S&P500 by 61.68%.

On July, 24. Investors wait T. Rowe Price Group, Inc. (NASDAQ:TROW) to announce its quarterly earnings, Zacks reports. Analysts forecast $1.73 earnings per share, which is $0.45 up or 35.16 % from 2017’s $1.28 earnings per share. If reported the P/E will be 17.12 with $418.90 million profit. Wall Street now predicts -0.57 % negative EPS growth despite T. Rowe Price Group, Inc. last quarter’s EPS of $1.74.

Stewart And Patten Co Limited Co reported 2,261 shs. Td Asset Mgmt Inc reported 641,922 shs stake. National Bank & Trust Of Nova Scotia reported 0.09% of its capital in T. Rowe Price Group, Inc. (NASDAQ:TROW). Pnc Svcs Gru stated it has 0.32% of its capital in T. Rowe Price Group, Inc. (NASDAQ:TROW). Veritable L P has 0.03% invested in T. Rowe Price Group, Inc. (NASDAQ:TROW). 3,745 are owned by Jaffetilchin Prtnrs Ltd. 680 are owned by Hanseatic Mngmt. Greenleaf Tru holds 0.01% or 2,783 shs. New Mexico Educational Retirement Board stated it has 23,087 shs or 0.09% of all its holdings. Dimensional Fund Advsr Ltd Partnership has 0.06% invested in T. Rowe Price Group, Inc. (NASDAQ:TROW). Teacher Retirement Systems Of Texas holds 0.1% or 132,593 shs in its capital. Cetera Advisor Ltd Liability Company invested in 0.02% or 4,130 shs. Bnp Paribas Asset Mngmt holds 0.08% or 89,122 shs. Catawba Capital Mngmt Va invested in 1.2% or 46,440 shs. Clarkston Capital Prtn Ltd Llc reported 39,806 shs.

T. Rowe Price Group, Inc. registered $13.59 million net activity with 0 buys and 5 insider sales since January 2, 2018. MacLellan Robert F. sold $612,898 worth of T. Rowe Price Group, Inc. (NASDAQ:TROW) or 5,000 shs on Wednesday, May 30. $2.64M worth of T. Rowe Price Group, Inc. (NASDAQ:TROW) was sold by Stromberg William J. Wiese Edward A had sold 40,000 shs worth $4.95M on Wednesday, June 13. $4.55 million worth of T. Rowe Price Group, Inc. (NASDAQ:TROW) shs were sold by Robert W. Sharps.

T. Rowe Price Group, Inc. (NASDAQ:TROW) Ratings Coverage

In total 9 analysts cover T. Rowe Price Group (NASDAQ:TROW). “Buy” rating has 4, “Sell” are 1, while 4 are “Hold”. 44% are bullish. With $128.0 highest and $105 lowest target price T. Rowe Price Group has $117.88 average target price or -0.49% below the current ($118.46) price. 18 are the (NASDAQ:TROW)’s analyst reports since January 8, 2018 according to StockzIntelligence Inc. On Monday, January 8 the stock of T. Rowe Price Group, Inc. (NASDAQ:TROW) earned “Buy” rating by Bank of America. On Wednesday, April 11 Jefferies maintained the shares of TROW in report with “Buy” rating. On Tuesday, January 30 the stock has “Hold” rating by Keefe Bruyette & Woods. On Thursday, February 22 the firm has “Neutral” rating by Credit Suisse given. On Thursday, February 22 the rating was maintained by Citigroup with “Neutral”. On Tuesday, January 9 the company was upgraded by UBS. On Wednesday, January 10 the firm earned “Buy” rating by Jefferies. On Thursday, April 5 the stock of T. Rowe Price Group, Inc. (NASDAQ:TROW) has “Hold” rating given by Credit Suisse. On Wednesday, May 16 the stock has “Buy” rating by Credit Suisse. On Thursday, February 22 the firm has “Equal-Weight” rating given by Morgan Stanley.

A couple more T. Rowe Price Group, Inc. (NASDAQ:TROW) news were brought out by: Investorplace.com which released on June 21, 2018 “7 Debt-Free Companies Doing Big Stock Buybacks”, also Seekingalpha.com on June 25, 2018 brought out “T. Rowe Price sees US economic growth continuing, but also volatility”, the next Nasdaq.com is “Analysis: Positioning to Benefit within Vector Group, The Goldman Sachs Group, LivaNova, IRSA Inversiones Y …” on June 15, 2018. Seekingalpha.com has article titled “Venture Capital Deals Of The Week: Ant Financial Gets $14B Ahead Of IPO”.

T. Rowe Price Group, Inc. (NASDAQ:TROW) Institutional Investors Chart

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