Analysts See $1.26 EPS for T. Rowe Price Group Inc (TROW)

July 19, 2017 - By Migdalia James

 Analysts See $1.26 EPS for T. Rowe Price Group Inc (TROW)
Investors sentiment decreased to 0.95 in 2016 Q4. Its down 0.06, from 1.01 in 2016Q3. It turned negative, as 53 investors sold T. Rowe Price Group Inc shares while 260 reduced holdings. 94 funds opened positions while 202 raised stakes. 169.36 million shares or 2.08% more from 165.90 million shares in 2016Q3 were reported.
Union Financial Bank Corporation accumulated 1.36% or 48,507 shares. Schwab Charles Management has invested 0.09% in T. Rowe Price Group Inc (NASDAQ:TROW). Webster Retail Bank N A holds 878 shares or 0.01% of its portfolio. Bessemer Group Incorporated has invested 0.03% in T. Rowe Price Group Inc (NASDAQ:TROW). Ashfield Capital Ptnrs Ltd Limited Liability Company owns 0.06% invested in T. Rowe Price Group Inc (NASDAQ:TROW) for 7,800 shares. Utah Retirement accumulated 44,422 shares. Bnp Paribas Inv Partners has 83,891 shares for 0.06% of their portfolio. Panagora Asset Mngmt holds 0.02% or 67,627 shares. Univest Corporation Of Pennsylvania invested in 47,799 shares or 1.52% of the stock. Moreover, Dekabank Deutsche Girozentrale has 0.07% invested in T. Rowe Price Group Inc (NASDAQ:TROW) for 87,990 shares. Van Cleef Asset Managementinc reported 5,565 shares or 0.13% of all its holdings. Horan Cap Management holds 0.22% or 11,341 shares in its portfolio. Brinker Cap reported 12,587 shares or 0.05% of all its holdings. Winslow Evans & Crocker invested in 0% or 32 shares. Commonwealth Of Pennsylvania School Empls Retrmt holds 0.02% or 13,955 shares.

Since February 17, 2017, it had 0 insider buys, and 1 insider sale for $591,271 activity. The insider WHITTEMORE ANNE M sold 8,326 shares worth $591,271.

Investors wait T. Rowe Price Group Inc (NASDAQ:TROW) to report on July, 25 before the open. its quarterly earnings Wall Street analysts expect $1.26 earnings per share, up $0.11 or 9.57 % from last year’s $1.15 same quarter earnings. This translates into $303.73M profit for TROW giving the stock a 16.03 P/E. This is assuming the current $1.26 EPS is accurate. T. Rowe Price Group Inc’s Wall Street analysts see 6.78 % EPS growth, taking into account the $1.18 EPS reproted in the previous quarter, The stock increased 0.87% or $0.7 during the last trading session, reaching $80.81. About 865,012 shares traded. T. Rowe Price Group Inc (NASDAQ:TROW) has declined 4.22% since July 20, 2016 and is downtrending. It has underperformed by 20.92% the S&P500.

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

Among 14 analysts covering T. Rowe Price Group Inc (NASDAQ:TROW), 3 have Buy rating, 3 Sell and 8 Hold. Therefore 21% are positive. T. Rowe Price Group Inc had 54 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by Barclays Capital on Thursday, October 13 with “Equal-Weight”. The rating was maintained by Wood with “Market Perform” on Friday, October 14. Keefe Bruyette & Woods maintained the shares of TROW in report on Wednesday, July 5 with “Hold” rating. UBS downgraded T. Rowe Price Group Inc (NASDAQ:TROW) on Friday, October 2 to “Neutral” rating. The firm earned “Buy” rating on Monday, August 17 by Deutsche Bank. Bernstein downgraded T. Rowe Price Group Inc (NASDAQ:TROW) rating on Wednesday, August 5. Bernstein has “Market Perform” rating and $87 target. The firm has “Hold” rating by Deutsche Bank given on Friday, September 9. RBC Capital Markets maintained the stock with “Sector Perform” rating in Friday, October 23 report. As per Thursday, June 16, the company rating was maintained by Deutsche Bank. The stock has “Buy” rating by Deutsche Bank on Thursday, March 17.

T. Rowe Price Group, Inc. is a financial services holding company. The company has market cap of $19.48 billion. The Firm provides global investment management services through its subsidiaries to investors across the world. It has a 15.77 P/E ratio. The Firm provides an array of Company sponsored the United States mutual funds, other sponsored pooled investment vehicles, sub advisory services, separate account management, recordkeeping, and related services to individuals, advisors, institutions, financial intermediaries and retirement plan sponsors.

More notable recent T. Rowe Price Group Inc (NASDAQ:TROW) news were published by: Reuters.com which released: “BRIEF-T. Rowe Price Group reports preliminary month-end assets under management” on July 13, 2017, also Pionline.com with their article: “T. Rowe Price appoints US institutional business development head” published on June 21, 2017, Bizjournals.com published: “T. Rowe Price leads online auto retailer’s $76 million fundraising round” on July 17, 2017. More interesting news about T. Rowe Price Group Inc (NASDAQ:TROW) were released by: Pionline.com and their article: “T. Rowe Price sees benefits of high-frequency trading” published on July 08, 2017 as well as Nasdaq.com‘s news article titled: “5 Reasons Why T. Rowe Price (TROW) is an Attractive Pick” with publication date: June 27, 2017.

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