T. Rowe Price Group Inc (NASDAQ:TROW) Sellers Reduced Their Shorts By 6.54%

June 27, 2018 - By Heather Owens

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

Big Money Sentiment decreased to 0.7 in 2018 Q1. It has change of 0.30, from 2017Q4’s 1. The ratio is negative due to T. Rowe Price Group, Inc. positioning: 43 sold and 289 reduced. 65 funds amassed holdings and 169 increased holdings. Investors holded 170.77 million in 2017Q4 but now own 169.45 million shares or 0.77% less.
Crawford Investment Counsel holds 0.01% or 3,613 shs. Huntington Natl Bank accumulated 0.03% or 16,400 shs. Financial Counselors, a Missouri-based fund reported 2,595 shs. Assetmark has 19,851 shs for 0.02% of their capital. Leavell Invest Management holds 0.05% or 3,900 shs in its capital. Moreover, Nordea Inv Management Ab has 0.09% invested in T. Rowe Price Group, Inc. (NASDAQ:TROW). The Kentucky-based Teachers Retirement Systems Of The State Of Kentucky has invested 0.04% in T. Rowe Price Group, Inc. (NASDAQ:TROW). Parkside State Bank And Tru invested 0% of its capital in T. Rowe Price Group, Inc. (NASDAQ:TROW). Comerica Comml Bank has invested 0.05% of its capital in T. Rowe Price Group, Inc. (NASDAQ:TROW). Grantham Mayo Van Otterloo & Comm Ltd Liability Corporation owns 0.05% invested in T. Rowe Price Group, Inc. (NASDAQ:TROW) for 79,705 shs. Lpl Financial Ltd Llc has 0.03% invested in T. Rowe Price Group, Inc. (NASDAQ:TROW) for 84,796 shs. Bank & Trust holds 0.1% of its capital in T. Rowe Price Group, Inc. (NASDAQ:TROW) for 8,867 shs. Ing Groep Nv holds 0.01% or 6,591 shs in its capital. Deutsche Bancorp Ag holds 0.09% of its capital in T. Rowe Price Group, Inc. (NASDAQ:TROW) for 1.23 million shs. Fny Managed Accounts Limited Liability Com owns 53 shs.

T. Rowe Price Group, Inc. had 5 selling transactions and 0 buys since January 2, 2018. This’s net activity of $13.59 million. On Tuesday, June 12 Stromberg William J sold $2.64 million worth of T. Rowe Price Group, Inc. (NASDAQ:TROW) or 21,000 shs. The insider MacLellan Robert F. sold $612,898. MORELAND KENNETH V also sold $839,833 worth of T. Rowe Price Group, Inc. (NASDAQ:TROW) on Tuesday, January 2. Shares for $4.55M were sold by Robert W. Sharps on Tuesday, June 12.

T. Rowe Price Group Inc (NASDAQ:TROW) registered a decrease of 6.54% in shorted shares. FINRA published in June TROW’s total 8.04 million shorted shares. That’s 6.54% down from 8.60 million shares. Former TROW’s position will need 6 days to restore. It has 1.45M average volume. T. Rowe Price Group Inc’s shorted shares float is 3.45%.

The stock decreased 0.91% or $1.09 during the last trading session, hitting $118.65.T. Rowe Price Group, Inc. has 1.32 million shares volume, 1.08% up from normal. TROW is uptrending and has moved 74.25% since June 27, 2017. TROW outperformed the S&P500 by 61.68%.

T. Rowe Price Group, Inc. is a publicly owned investment manager.The firm is worth $28.73 billion. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions.19.12 is the P/E ratio. It launches and manages equity and fixed income mutual funds.

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”. (NASDAQ:TROW) has 44% bullish analysts. With $128.0 highest and $105 lowest target price, T. Rowe Price Group has $117.88 average target price or -0.65% below the current ($118.65) price. 18 are the (NASDAQ:TROW)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Monday, January 8 the firm has “Buy” rating by Bank of America given. On Thursday, February 22 the firm earned “Neutral” rating by Credit Suisse. On Thursday, April 5 the rating was maintained by Credit Suisse with “Hold”. On Friday, April 6 the stock of T. Rowe Price Group, Inc. (NASDAQ:TROW) has “Hold” rating given by Deutsche Bank. The stock rating was maintained by Jefferies with “Buy” on Wednesday, April 11. On Thursday, April 26 the rating was maintained by UBS with “Neutral”. In Wednesday, January 10 report Jefferies maintained the stock with “Buy” rating. On Thursday, February 22 the rating was maintained by Citigroup with “Neutral”. In Tuesday, January 30 report Keefe Bruyette & Woods maintained it with “Hold” rating and $114.0 target. On Tuesday, March 6 the stock has “Hold” rating by Deutsche Bank.

A couple more T. Rowe Price Group, Inc. (NASDAQ:TROW) news were released 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 released “T. Rowe Price sees US economic growth continuing, but also volatility”, the next Investorplace.com is “7 Debt-Free Companies Doing Big Stock Buybacks” on June 21, 2018. Nasdaq.com has article titled “Analysis: Positioning to Benefit within Vector Group, The Goldman Sachs Group, LivaNova, IRSA Inversiones Y …”.

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

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