As Price T Rowe Group INC (TROW) Shares Rose, Shareholder Proshare Advisors LLC Decreased Stake

May 3, 2018 - By Gregory Tomko

T. Rowe Price Group, Inc. (NASDAQ:TROW) Corporate LogoBig Money Sentiment increased to 1 in 2017 Q4. It has change of 0.09, from 2017Q3’s 0.91. The ratio is positive due to TROW positioning: 40 sold and 253 reduced. 95 funds acquired stakes and 197 increased stakes. Investors holded 171.36 million in 2017Q3 but now own 170.77 million shares or 0.35% less. Gabelli Funds Ltd Liability Company holds 0.27% of its capital in T. Rowe Price Group, Inc. (NASDAQ:TROW) for 449,500 shs. Bkd Wealth Advsrs Ltd Liability Co invested in 25,972 shs. Advantus Mgmt holds 0.06% or 24,861 shs in its capital. Whitnell & Communications owns 12,391 shs or 0.55% of their US capital. Bp Public Ltd Company has 28,000 shs. The Nebraska-based Ameritas Ptnrs Inc has invested 0.07% in T. Rowe Price Group, Inc. (NASDAQ:TROW). Wagner Bowman Management invested in 0.12% or 4,370 shs. Moreover, Hsbc Public Limited Liability has 0.06% invested in T. Rowe Price Group, Inc. (NASDAQ:TROW) for 385,353 shs. M&T Natl Bank has 0.19% invested in T. Rowe Price Group, Inc. (NASDAQ:TROW) for 344,502 shs. Aurora Inv Counsel has invested 1.39% in T. Rowe Price Group, Inc. (NASDAQ:TROW). Leuthold Ltd Com, Minnesota-based fund reported 51,678 shs. Hanseatic Serv has invested 0.06% in T. Rowe Price Group, Inc. (NASDAQ:TROW). 13,699 were accumulated by Sun Life Fincl Incorporated. 157,268 were reported by Voya Management Ltd Limited Liability Company. Ashfield Capital Prtn Ltd Liability owns 6,400 shs for 0.09% of their capital.

TROW registered $14.47 million net activity with 0 insider buys and 5 selling transactions since December 8, 2017. HRABOWSKI FREEMAN A III also sold $406,356 worth of T. Rowe Price Group, Inc. (NASDAQ:TROW) on Thursday, December 14. The insider MORELAND KENNETH V sold $839,833. On Wednesday, December 13 $3.06M worth of T. Rowe Price Group, Inc. (NASDAQ:TROW) was sold by Wiese Edward A.

Based on the latest 2017Q4 regulatory filing with the SEC, Proshare Advisors Llc reduced its stake in Price T Rowe Group Inc (TROW) by 4.2%. By selling 33,990 shares Proshare Advisors Llc made the stock popped up with 0.82%. At the end of 2017Q4, the institutional investor held 774,924 shares of the finance company, valued at $81.31M, down from 808,914 at the end of the previous reported quarter. Price T Rowe Group Inc has $26.20B market cap. The stock decreased 2.16% or $2.385 during the last trading session, reaching $108.215.Currently T. Rowe Price Group, Inc. is uptrending after 56.88% change in last May 3, 2017. TROW has also 419,395 shares volume. TROW outperformed the S&P500 by 45.33%.

Proshare Advisors Llc manages about $28.14B and $14.42B US Long portfolio. Its stake in Consolidated Edison Inc (NYSE:ED) was increased by 65,939 shares to 848,502 shares valued at $72.08M in 2017Q4, according to the filing. Proshare Advisors Llc has risen its stake in Bank Amer Corp (NYSE:BAC) and also increased its holding in Air Prods & Chems Inc (NYSE:APD) by 34,525 shares in the quarter, for a total of 477,353 shares.

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

Total analysts of 9 have positions in T Rowe Price (NASDAQ:TROW) as follows: 2 rated it a “Buy”, 1 with “Sell” and 6 with “Hold”. The positive are 22%. The firm has $128.0 highest while $105 is the lowest target price. The average target $116.88 is 8.01% above the last ($108.215) price. Since December 21, 2017 according to StockzIntelligence Inc T Rowe Price has 16 analyst reports. On Thursday, April 5 the firm has “Hold” rating by Credit Suisse given. On Thursday, February 22 the stock of T. Rowe Price Group, Inc. (NASDAQ:TROW) earned “Neutral” rating by Citigroup. On Monday, April 23 Barclays Capital maintained the shares of TROW in report with “Underweight” rating. On Monday, January 8 the rating was upgraded by Bank of America to “Buy”. On Friday, April 6 the firm has “Hold” rating by Deutsche Bank given. On Thursday, April 26 the stock of T. Rowe Price Group, Inc. (NASDAQ:TROW) has “Neutral” rating given by UBS. On Wednesday, January 10 Jefferies maintained T. Rowe Price Group, Inc. (NASDAQ:TROW) with “Buy” rating. The stock rating was maintained by Jefferies with “Buy” on Wednesday, April 11. On Tuesday, March 6 the stock of T. Rowe Price Group, Inc. (NASDAQ:TROW) has “Hold” rating given by Deutsche Bank. On Tuesday, April 10 the firm earned “Hold” rating by Keefe Bruyette & Woods.

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

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