Economy

Rowe Price Group, Inc. Declares Quarterly Dividend of $0.57 (TROW)

Westpac Corporation has 0% invested in T. Rowe Price Group Inc (NASDAQ:TROW). (NASDAQ:TROW) announced a quarterly dividend on Wednesday, October 25th, RTT News reports. Three equities research analysts have rated the stock with a sell recommendation, five have given a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. Carderock Capital Management Inc sold 2,092 shares as Apple Computer (AAPL)'s stock rose 12.78%. Analysts are projecting the stock to trade at 108.02 within the next 12-18 months.

T. Rowe Price Group Inc has a 52 week low of $62.97 and a 52 week high of $97.35 with a P/E ratio of 16.29 The company's market cap is now $0. The stock is a Buy among 4 brokerage firms polled by Factset Research. Citigroup maintained the shares of TROW in report on Wednesday, July 27 with "Neutral" rating. The stock of T. Rowe Price Group Inc (NASDAQ:TROW) has "Neutral" rating given on Friday, October 2 by UBS. Below is a list of T. Rowe Price Group Inc (NASDAQ:TROW) latest ratings and price target changes.

Shares of T. Rowe Price Group (TROW) traded down 1.38% during midday trading on Wednesday, reaching $95.15. The 52-week high is now $96.86, and the 52-week low is presently $63.21. The company has a market capitalization of $22.87 billion, a PE ratio of 16.34 and a beta of 1.25. The 50 day moving average moved up $7.48 and the 200 day average went up by +21.90%.

T. Rowe Price Group (TROW) revealed earnings for its third quarter that rose from previous year. Analysts are forecasting earnings of $1.44 on a per share basis this quarter.

The company said revenue for the quarter rose 11.9% to $1.22 billion. The company reported $0.76 EPS for the quarter, beating the Zacks' consensus estimate of $0.72 by $0.04.

In addition to ValuEngine reporting its stock price target, a total of 16 analysts have released a report on T. Rowe Price Group Inc. The company recently declared a dividend for shareholders paid on Thursday June 29th, 2017. Stockholders of record on Thursday, September 14th were given a $0.57 dividend. If you are reading this piece of content on another domain, it was copied illegally and reposted in violation of United States & worldwide copyright and trademark law. (NASDAQ:TROW) Cheap From Peers? The shares were sold at an average price of $84.29, for a total value of $84,290.00. The shares were sold at an average price of $82.03, for a total transaction of $682,981.78. The latest exchange of 1.77 Million shares is above its average trading activity of 1.31 Million shares. In terms of recent volatility, the average for the month is 1.26% and 1.08% for the past week. Institutional investors own 69.64% of the company's stock. The disclosure for this sale can be found here. Over the last quarter, shares have performed 15.10%.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. BidaskClub lowered shares of T. Rowe Price Group from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, August 1st. Mawer Investment Mngmt has 0.05% invested in T. Rowe Price Group Inc (NASDAQ:TROW). The correct version of this piece of content can be read at https://www.dispatchtribunal.com/2017/10/26/t-rowe-price-group-inc-declares-quarterly-dividend-of-0-57-trow.html. Westwood Holdings Group Inc.'s holdings in T. Rowe Price Group were worth $2,625,000 as of its most recent filing with the SEC. Sheets Smith Wealth Management boosted its position in T. Rowe Price Group by 0.7% during the 2nd quarter. Bank of Montreal Can acquired a new position in shares of T. Rowe Price Group during the second quarter valued at $68,389,000.

T. Rowe Price Group, Inc is a financial services holding company. The Firm provides global investment management services through its subsidiaries to investors across the world.



Like this

loading...
loading...

Latest


26 October 2017
Rahul Gandhi greets people on Chhath Puja
The first " arghya " would be offered on Thursday evening while the second arghya is scheduled for Friday morning. Devotees of Chhath Puja 2017 in Chandigarh is too excited to celebrate the festival in Chandigarh.

26 October 2017
SAP comes clean on R100 million Gupta 'kickbacks'
However, it said it hadn't yet received any revenue from those contracts or made any payments to the Gupta-tied company. This means that in South Africa, such commissions would be scrapped immediately, as it scores 45 on the index.

26 October 2017
Facebook takes another step into P2P, launches marketplace for cars
It will also be adding more specific search fields, including transmission and vehicle type. Facebook is dedicating a complete section of Marketplace for Vehicles.

26 October 2017
Dialight (LON:DIA) New Price Targets
Panmure Gordon now has a GBX 470.00 target price per share on the 323.73 million GBP market cap company or 9.94% upside potential. Neogen Corporation develops, manufactures and markets a range of services and products dedicated to food and animal safety.

26 October 2017
Rain, Kim Tae Hee welcome first baby
They got married in a simple ceremony last January in Seoul and went to Bali, Indonesia for their honeymoon. K-pop star Rain and actress Kim Tae Hee are now parents. "Kim Tae-hee is now 15 weeks pregnant.

26 October 2017
Ancient footprints reveal new megatheropod dinosaur species from southern Africa
The theropod tracks, the largest known in Africa, were found in Lesotho - a small landlocked kingdom surrounded by South Africa. Knoll lies next to the exceptionally large carnivorous dinosaur footprints found in Lesotho.

26 October 2017
Arbaaz Khan: "We have started scripting Dabangg 3"
An Indian filmmaker Arbaaz Khan says that the movie " Dabangg 3 " shoot will start by the middle of next year. Salman Khan was seen in a whole new light with his portrayal of Chulbul Pandey for the 2010 hit " Dabangg ".

26 October 2017
Chemical scalpel offers new hope for genetic diseases
A new base editor (bottom) uses DNA adenine deaminase to make the opposite change, transforming A-T base pairs to G-C pairs. Led by David Liu , the Harvard team presented a new gene editing technique called "base editing" in the journal Nature .

26 October 2017
Bombardier to cut 280 jobs at Belfast plant
Investors asked about the Airbus and Bombardier partnership projecting a demand for 6,000 planes with less than 150 seats. "We don't need to change the path we're on".

26 October 2017
Marylanders will have higher insurance premiums under the Affordable Care Act
The directive was soon altered to cancel only the outreach activities for which the government could not recover payment. Johnson of The Washington Post; and by Ricardo Alonso-Zaldivar and Sudhin Thanawala of The Associated Press.