Catalyst Capital Advisors LLC purchased a brand new stake in T. Rowe Worth Group, Inc. (NASDAQ:TROW – Free Report) within the third quarter, Holdings Channel.com stories. The fund purchased 756 shares of the asset supervisor’s inventory, valued at roughly $82,000.
Different institutional traders have additionally just lately added to or decreased their stakes within the firm. Envestnet Portfolio Options Inc. elevated its holdings in T. Rowe Worth Group by 52.4% within the 1st quarter. Envestnet Portfolio Options Inc. now owns 65,534 shares of the asset supervisor’s inventory valued at $7,990,000 after buying an extra 22,533 shares over the last quarter. Forsta AP Fonden elevated its holdings in T. Rowe Worth Group by 32.3% within the 2nd quarter. Forsta AP Fonden now owns 70,100 shares of the asset supervisor’s inventory valued at $8,083,000 after buying an extra 17,100 shares over the last quarter. Mizuho Markets Americas LLC elevated its holdings in T. Rowe Worth Group by 90.0% within the 1st quarter. Mizuho Markets Americas LLC now owns 90,688 shares of the asset supervisor’s inventory valued at $11,057,000 after buying an extra 42,949 shares over the last quarter. Savant Capital LLC grew its stake in shares of T. Rowe Worth Group by 36.6% within the second quarter. Savant Capital LLC now owns 32,887 shares of the asset supervisor’s inventory value $3,792,000 after buying an extra 8,816 shares within the final quarter. Lastly, CANADA LIFE ASSURANCE Co grew its stake in shares of T. Rowe Worth Group by 4.1% within the first quarter. CANADA LIFE ASSURANCE Co now owns 171,259 shares of the asset supervisor’s inventory value $20,890,000 after buying an extra 6,780 shares within the final quarter. Institutional traders and hedge funds personal 73.39% of the corporate’s inventory.
Insider Exercise at T. Rowe Worth Group
In associated information, VP Andrew Justin Mackenzi Thomson offered 11,969 shares of the enterprise’s inventory in a transaction on Friday, September sixth. The shares have been offered at a mean worth of $102.83, for a complete worth of $1,230,772.27. Following the completion of the sale, the vice chairman now instantly owns 123,624 shares of the corporate’s inventory, valued at $12,712,255.92. The commerce was a 0.00 % lower of their possession of the inventory. The sale was disclosed in a authorized submitting with the Securities & Alternate Fee, which is on the market at this hyperlink. In different information, VP Andrew Justin Mackenzi Thomson offered 11,969 shares of the corporate’s inventory in a transaction dated Friday, September sixth. The shares have been offered at a mean worth of $102.83, for a complete worth of $1,230,772.27. Following the completion of the sale, the vice chairman now instantly owns 123,624 shares of the corporate’s inventory, valued at roughly $12,712,255.92. This represents a 0.00 % lower of their possession of the inventory. The sale was disclosed in a submitting with the Securities & Alternate Fee, which is accessible by way of this hyperlink. Additionally, insider Jessica M. Hiebler offered 484 shares of the corporate’s inventory in a transaction dated Friday, September thirteenth. The shares have been offered at a mean worth of $104.73, for a complete transaction of $50,689.32. Following the completion of the sale, the insider now instantly owns 13,939 shares of the corporate’s inventory, valued at $1,459,831.47. The commerce was a 0.00 % lower of their possession of the inventory. The disclosure for this sale will be discovered right here. 2.00% of the inventory is owned by company insiders.
T. Rowe Worth Group Worth Efficiency
Shares of TROW opened at $121.31 on Thursday. T. Rowe Worth Group, Inc. has a 1-year low of $90.02 and a 1-year excessive of $122.27. The inventory has a market cap of $26.95 billion, a PE ratio of 13.27, a price-to-earnings-growth ratio of 1.73 and a beta of 1.41. The agency has a fifty day shifting common worth of $108.79 and a 200 day shifting common worth of $111.82.
T. Rowe Worth Group (NASDAQ:TROW – Get Free Report) final introduced its quarterly earnings outcomes on Friday, November 1st. The asset supervisor reported $2.57 earnings per share for the quarter, beating analysts’ consensus estimates of $2.36 by $0.21. T. Rowe Worth Group had a web margin of 30.35% and a return on fairness of 20.35%. The agency had income of $1.79 billion throughout the quarter, in comparison with analysts’ expectations of $1.84 billion. Throughout the identical interval within the earlier 12 months, the corporate earned $2.17 earnings per share. T. Rowe Worth Group’s quarterly income was up 6.9% in comparison with the identical quarter final 12 months. As a gaggle, equities analysts anticipate that T. Rowe Worth Group, Inc. will submit 9.27 EPS for the present fiscal 12 months.
T. Rowe Worth Group Declares Dividend
The enterprise additionally just lately declared a quarterly dividend, which can be paid on Friday, December twenty seventh. Traders of report on Friday, December thirteenth can be given a $1.24 dividend. The ex-dividend date of this dividend is Friday, December thirteenth. This represents a $4.96 dividend on an annualized foundation and a yield of 4.09%. T. Rowe Worth Group’s dividend payout ratio (DPR) is presently 54.27%.
Analyst Upgrades and Downgrades
A number of analysis companies have commented on TROW. Keefe, Bruyette & Woods restated a “market carry out” score and issued a $120.00 worth goal (down beforehand from $121.00) on shares of T. Rowe Worth Group in a analysis observe on Monday, July twenty ninth. StockNews.com downgraded shares of T. Rowe Worth Group from a “purchase” score to a “maintain” score in a analysis observe on Monday, July twenty ninth. Morgan Stanley boosted their worth goal on shares of T. Rowe Worth Group from $127.00 to $129.00 and gave the inventory an “equal weight” score in a analysis observe on Monday. TD Cowen dropped their worth goal on shares of T. Rowe Worth Group from $120.00 to $116.00 and set a “maintain” score for the corporate in a analysis observe on Monday. Lastly, Deutsche Financial institution Aktiengesellschaft boosted their worth goal on shares of T. Rowe Worth Group from $113.00 to $115.00 and gave the inventory a “maintain” score in a analysis observe on Monday. 4 analysis analysts have rated the inventory with a promote score and eight have given a maintain score to the corporate. In keeping with MarketBeat, T. Rowe Worth Group presently has a mean score of “Maintain” and a mean goal worth of $114.73.
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T. Rowe Worth Group Profile
T. Rowe Worth Group, Inc is a publicly owned funding supervisor. The agency offers its providers to people, institutional traders, retirement plans, monetary intermediaries, and establishments. It launches and manages fairness and stuck revenue mutual funds. The agency invests within the public fairness and stuck revenue markets throughout the globe.
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