Big Money Sentiment Indicator of Price T Rowe Group Inc (NASDAQ:TROW) Crashed in Q1 2018 to 0.7

June 27, 2018 - By Joshua Cleveland

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

Price T Rowe Group Inc’s Sentiment

In 2018 Q1 Price T Rowe Group Inc (NASDAQ:TROW) big money sentiment decreased to 0.7, revealed SEC filings. That’s down -0.30, from 2017Q4’s 1. 234 funds opened new and increased holdings, while 332 cut down and sold equity positions in Price T Rowe Group Inc so the sentiment dropped. Funds own 169.45 million shares, down from 170.77 million shares in 2017Q4. Funds holding Price T Rowe Group Inc in top 10 changed to 13 from 16 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.

Most Price T Rowe Group Inc Investors

Marathon Capital Management owns 1.32 million shares in Price T Rowe Group Inc as of 2018 Q1. Price T Rowe Group Inc’s shareholder Provident Trust Co owns 1.56 million shares as of 2018 Q1. Moreover, Fayez Sarofim & Co reported 8.01 million shares in Price T Rowe Group Inc equivalent to 4.68% of its fund portfolio. The Colorado-based fund Obermeyer Wood Investment Counsel Lllp have invested about 4.24% of the active investment manager’s stock portfolio in Price T Rowe Group Inc. The Michigan-based fund Rk Asset Management Llc looks positive on Price T Rowe Group Inc, possessing 33,958 shares.

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

TROW touched $118.46 during the last trading session after $0.19 change.Currently T. Rowe Price Group, Inc. is uptrending after 74.25% change in last June 27, 2017. TROW has also 321,511 shares volume. TROW outperformed the S&P 500 by 61.68%.

T. Rowe Price Group, Inc. (NASDAQ:TROW)’s quarterly earnings will be revealed on July, 24., according to Zacks. This year’s earnings per share analyst estimate is anticipated to be $1.73. That is 35.16 % up compareed to $1.28 earnings per share for last year. The profit will be $418.90 million for TROW if $1.73 earnings per share becomes true. Wall Street predicts -0.57 % negative EPS growth as of July, 24.

Commonwealth Of Pennsylvania School Empls Retrmt has invested 0.03% in T. Rowe Price Group, Inc. (NASDAQ:TROW). Dubuque Financial Bank Tru holds 38,345 shs or 0.67% of its capital. Global X Mngmt Limited Liability Company reported 6,063 shs. Nexus Invest owns 16,150 shs or 0.27% of their US capital. Roberts Glore And Il, Illinois-based fund reported 3,400 shs. Old Point Tru And Fincl N A, Virginia-based fund reported 15,534 shs. Livforsakringsbolaget Skandia Omsesidigt holds 0.08% in T. Rowe Price Group, Inc. (NASDAQ:TROW) or 4,297 shs. Zacks reported 33,257 shs. Regions Fin Corp holds 3,353 shs. 77,783 were reported by Hartford Inv Mngmt. Security Bancorp Of So Dak owns 11,053 shs. Employees Retirement Association Of Colorado has invested 0.03% in T. Rowe Price Group, Inc. (NASDAQ:TROW). The California-based Aspiriant Llc has invested 0.03% in T. Rowe Price Group, Inc. (NASDAQ:TROW). First Republic Inv Mgmt invested 0.13% of its capital in T. Rowe Price Group, Inc. (NASDAQ:TROW). Howe Rusling holds 0% or 40 shs.

T. Rowe Price Group, Inc. registered $13.59 million net activity with 0 insider purchases and 5 insider sales since January 2, 2018. 40,000 shs were sold by Wiese Edward A, worth $4.95 million on Wednesday, June 13. Stromberg William J sold 21,000 shs worth $2.64 million. On Wednesday, May 30 $612,898 worth of T. Rowe Price Group, Inc. (NASDAQ:TROW) was sold by MacLellan Robert F.. On Tuesday, June 12 $4.55 million worth of stock was sold by Robert W. Sharps.

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

A total of 9 analysts rate T. Rowe Price Group (NASDAQ:TROW) as follows: 4 “Buy”, 4 “Hold” and 1 “Sell”. Тherefore 44% are bullish. The firm has $128.0 highest and $105 lowest target. The avg target $117.88 is -0.49% below the last ($118.46) price. (NASDAQ:TROW) has 18 ratings reports on 27 Jun 2018 according to StockzIntelligence. On Thursday, February 22 the stock of T. Rowe Price Group, Inc. (NASDAQ:TROW) has “Neutral” rating given by Credit Suisse. On Thursday, April 26 UBS maintained T. Rowe Price Group, Inc. (NASDAQ:TROW) with “Neutral” rating. On Thursday, February 22 the rating was maintained by Morgan Stanley with “Equal-Weight”. On Monday, April 23 the rating was maintained by Barclays Capital with “Underweight”. On Wednesday, April 11 the company was maintained by Jefferies. On Monday, January 8 the rating was upgraded by Bank of America to “Buy”. On Thursday, February 22 the firm has “Neutral” rating by Citigroup given. On Wednesday, May 16 the firm earned “Buy” rating by Deutsche Bank. On Thursday, April 5 the stock of T. Rowe Price Group, Inc. (NASDAQ:TROW) has “Hold” rating given by Credit Suisse. On Tuesday, January 9 the stock has “Hold” rating by UBS.

A couple more T. Rowe Price Group, Inc. (NASDAQ:TROW) news were brought out by: Seekingalpha.com which released on June 09, 2018 “Venture Capital Deals Of The Week: Ant Financial Gets $14B Ahead Of IPO”, 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. Investorplace.com has article titled “7 Debt-Free Companies Doing Big Stock Buybacks”.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.