T. Rowe Price Group Inc (TROW) : Dubuque Bank Trust Co scooped up 61,310 additional shares in T. Rowe Price Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 63,095 shares of T. Rowe Price Group Inc which is valued at $4,336,519.T. Rowe Price Group Inc makes up approximately 0.80% of Dubuque Bank Trust Co’s portfolio.
Other Hedge Funds, Including , Hsbc Holdings Plc reduced its stake in TROW by selling 7,720 shares or 1.88% in the most recent quarter. The Hedge Fund company now holds 402,268 shares of TROW which is valued at $27,647,880. T. Rowe Price Group Inc makes up approx 0.09% of Hsbc Holdings Plc’s portfolio.Signaturefd reduced its stake in TROW by selling 12 shares or 1.72% in the most recent quarter. The Hedge Fund company now holds 686 shares of TROW which is valued at $48,493. T. Rowe Price Group Inc makes up approx 0.01% of Signaturefd’s portfolio.Ftb Advisors reduced its stake in TROW by selling 260 shares or 22.24% in the most recent quarter. The Hedge Fund company now holds 909 shares of TROW which is valued at $64,257. T. Rowe Price Group Inc makes up approx 0.01% of Ftb Advisors’s portfolio.Trust Co Of Vermont reduced its stake in TROW by selling 1,294 shares or 8.88% in the most recent quarter. The Hedge Fund company now holds 13,284 shares of TROW which is valued at $983,946. T. Rowe Price Group Inc makes up approx 0.13% of Trust Co Of Vermont’s portfolio.
T. Rowe Price Group Inc opened for trading at $68.93 and hit $69.19 on the upside on Monday, eventually ending the session at $68.95, with a gain of 0.10% or 0.07 points. The heightened volatility saw the trading volume jump to 10,76,192 shares. Company has a market cap of $17,138 M.
On the company’s financial health, T. Rowe Price Group Inc reported $1.15 EPS for the quarter, beating the analyst consensus estimate by $ 0.40 according to the earnings call on Jul 26, 2016. Analyst had a consensus of $0.75. The company had revenue of $1044.70 million for the quarter, compared to analysts expectations of $1031.13 million. The company’s revenue was down -2.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.24 EPS.
Many Wall Street Analysts have commented on T. Rowe Price Group Inc. Shares were Downgraded by Deutsche Bank on Jul 20, 2016 to ” Hold” and Lowered the Price Target to $ 75 from a previous price target of $79 .
T. Rowe Price Group Inc. is a financial services holding company. The Company provides global investment management services to individual and institutional investors in the sponsored T. Rowe Price mutual funds distributed in the United States and other investment portfolios. Its assets under management are accumulated from a client base across four primary distribution channels: third-party financial intermediaries that distribute its managed investment portfolios in the United States and other countries; individual United States investors on a direct basis; the United States defined contribution retirement plans and institutional investors globally. The assets that it manages include a range of the United States and international stock blended asset bond and money market mutual funds and other investment portfolios. It offers advisory services and a distribution management service. It provides administrative services as ancillary services to its investment advisory clients.