2 weeks Ago By ABMN Staff
HBK Sorce Advisory LLC lowered its position in shares of T. Rowe Price Group, Inc. ( NASDAQ:TROW – Free Report ) by 8.
1% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,871 shares of the asset manager’s stock after selling 252 shares during the period. HBK Sorce Advisory LLC’s holdings in T.
Rowe Price Group were worth $331,000 at the end of the most recent reporting period. A number of other institutional investors and hedge funds have also bought and sold shares of the company. Victory Capital Management Inc.
raised its position in T. Rowe Price Group by 3.8% during the 2nd quarter.
Victory Capital Management Inc. now owns 3,436,019 shares of the asset manager’s stock worth $396,207,000 after purchasing an additional 124,686 shares during the last quarter. American Century Companies Inc.
lifted its stake in shares of T. Rowe Price Group by 4.5% in the second quarter.
American Century Companies Inc. now owns 2,512,793 shares of the asset manager’s stock worth $289,750,000 after acquiring an additional 107,086 shares during the period. Fisher Asset Management LLC lifted its stake in shares of T.
Rowe Price Group by 6.6% in the fourth quarter. Fisher Asset Management LLC now owns 1,751,405 shares of the asset manager’s stock worth $188,609,000 after acquiring an additional 109,053 shares during the period.
First Trust Advisors LP boosted its holdings in T. Rowe Price Group by 1.3% in the fourth quarter.
First Trust Advisors LP now owns 1,173,858 shares of the asset manager’s stock valued at $126,413,000 after acquiring an additional 15,504 shares during the last quarter. Finally, Confluence Investment Management LLC acquired a new stake in T. Rowe Price Group during the 1st quarter valued at approximately $130,386,000.
Institutional investors and hedge funds own 73.39% of the company’s stock. Insider Transactions at T.
Rowe Price Group In related news, VP Andrew Justin Mackenzi Thomson sold 11,969 shares of the firm’s stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $102.83, for a total value of $1,230,772.
27. Following the transaction, the vice president now owns 123,624 shares of the company’s stock, valued at approximately $12,712,255.92.
The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink . In other T. Rowe Price Group news, VP Andrew Justin Mackenzi Thomson sold 11,969 shares of the firm’s stock in a transaction on Friday, September 6th.
The stock was sold at an average price of $102.83, for a total transaction of $1,230,772.27.
Following the transaction, the vice president now directly owns 123,624 shares in the company, valued at approximately $12,712,255.92. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink .
Also, VP Dorothy C. Sawyer sold 2,000 shares of T. Rowe Price Group stock in a transaction on Tuesday, June 18th.
The stock was sold at an average price of $117.00, for a total transaction of $234,000.00.
Following the transaction, the vice president now directly owns 34,710 shares in the company, valued at $4,061,070. The disclosure for this sale can be found here . Insiders sold a total of 15,370 shares of company stock valued at $1,627,078 over the last three months.
Corporate insiders own 2.00% of the company’s stock. Analysts Set New Price Targets Read Our Latest Research Report on T.
Rowe Price Group T. Rowe Price Group Price Performance Shares of T. Rowe Price Group stock opened at $104.
56 on Monday. The business has a 50-day simple moving average of $109.60 and a 200 day simple moving average of $113.
51. T. Rowe Price Group, Inc.
has a one year low of $87.43 and a one year high of $122.27.
The firm has a market capitalization of $23.28 billion, a price-to-earnings ratio of 12.42, a PEG ratio of 1.
67 and a beta of 1.41. T.
Rowe Price Group ( NASDAQ:TROW – Get Free Report ) last released its quarterly earnings data on Friday, July 26th. The asset manager reported $2.26 EPS for the quarter, missing the consensus estimate of $2.
27 by ($0.01). T.
Rowe Price Group had a net margin of 28.66% and a return on equity of 19.90%.
The firm had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.79 billion.
During the same quarter in the prior year, the firm earned $2.02 EPS. The company’s revenue was up 7.
6% compared to the same quarter last year. On average, sell-side analysts expect that T. Rowe Price Group, Inc.
will post 9 EPS for the current year. T. Rowe Price Group Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th.
Stockholders of record on Friday, September 13th will be issued a dividend of $1.24 per share. This represents a $4.
96 dividend on an annualized basis and a dividend yield of 4.74%. The ex-dividend date of this dividend is Friday, September 13th.
T. Rowe Price Group’s dividend payout ratio is currently 58.91%.
T. Rowe Price Group Profile ( Free Report ) T. Rowe Price Group, Inc is a publicly owned investment manager.
The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe.
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