T Rowe Price Group (NASDAQ:TROW).
Thomaspartners, Inc. increased its stake in T Rowe Price Group shares by 51,173 shares in the last quarter. Its position was valued at $219,770,000 an increase of 24.8% as of quarter end.
The following firms have recently changed their position in TROW. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS added to its investment by buying 1,623 shares an increase of 9.1% from 06/30/2017 to 09/30/2017. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS claims 19,548 shares valued at $1,772,000. The value of the position overall is up by 33.2%. Tredje Ap-fonden cut its position by shedding 540 shares a decrease of 2.3% as of 09/30/2017. Tredje Ap-fonden currently owns 22,624 shares worth $2,051,000. The total value of its holdings increased 19.3%.
As of the end of the quarter Raymond James & Associates had acquired 23,845 shares growing its holdings by 16.9%. The value of the investment in TROW went from $10,455,000 to $14,932,000 a change of 42.8% quarter to quarter.
Equity analyst Citigroup raised the price target of the stock on October 27 boosting the projection from $94.00 to $95.00 and issued a “Neutral” rating. Barclays PLC raised the price target on October 27 changing the forecast from $79.00 to $84.00 and stated a “Underweight” rating.
On October 10 Jefferies Group LLC maintained a company rating of “Buy” with a current price target of $104.00.
Equity analyst Barclays PLC updated its forecast on TROW setting a rating of “Underweight”.
The company is down by 0.26% since yesterday’s close of 94.48. The company currently has a P/E ratio of 15.42 and market cap is 22.83B. As of the latest earnings report the EPS was $6.11 with 242.31M shares now outstanding.
Investors are more bullish on the company recently if you evaluate the change in short interest. The company recorded a fall in short interest of -0.24% as of October 13, 2017 from the last reporting period. Short shares decreased 27,107 over that timeframe. The days to cover increased to 10.0 and the percentage of shorted shares is 0.05% as of October 13.