T Rowe Price Associates (TROW) Holding Held by Vaughan David Investments Inc; Quantbot Technologies LP Upped Position in Royal Bank Of Canada (RY)

February 24, 2018 - By Elijah Rosenthal

Vaughan David Investments Inc increased its stake in T Rowe Price Associates (TROW) by 61.5% based on its latest 2017Q3 regulatory filing with the SEC. Vaughan David Investments Inc bought 146,519 shares as the company’s stock declined 0.66% while stock markets rallied. The institutional investor held 384,746 shares of the finance company at the end of 2017Q3, valued at $34.49M, up from 238,227 at the end of the previous reported quarter. Vaughan David Investments Inc who had been investing in T Rowe Price Associates for a number of months, seems to be bullish on the $27.45B market cap company. The stock increased 1.70% or $1.88 during the last trading session, reaching $112.3. About 1.54 million shares traded. T. Rowe Price Group, Inc. (NASDAQ:TROW) has declined 4.22% since February 24, 2017 and is downtrending. It has underperformed by 20.92% the S&P500.

Quantbot Technologies Lp increased its stake in Royal Bank Of Canada (RY) by 893.03% based on its latest 2017Q3 regulatory filing with the SEC. Quantbot Technologies Lp bought 16,262 shares as the company’s stock declined 9.02% while stock markets rallied. The hedge fund held 18,083 shares of the commercial banks company at the end of 2017Q3, valued at $1.40 million, up from 1,821 at the end of the previous reported quarter. Quantbot Technologies Lp who had been investing in Royal Bank Of Canada for a number of months, seems to be bullish on the $117.21 billion market cap company. The stock increased 0.96% or $0.77 during the last trading session, reaching $81.27. About 1.11M shares traded or 29.38% up from the average. Royal Bank of Canada (NYSE:RY) has risen 16.29% since February 24, 2017 and is uptrending. It has underperformed by 0.41% the S&P500.

Among 15 analysts covering T. Rowe Price Group Inc (NASDAQ:TROW), 5 have Buy rating, 2 Sell and 8 Hold. Therefore 33% are positive. T. Rowe Price Group Inc had 75 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Wednesday, July 27 by Citigroup. Deutsche Bank maintained the shares of TROW in report on Friday, September 9 with “Hold” rating. The firm has “Buy” rating by UBS given on Thursday, November 10. The firm has “Neutral” rating by Citigroup given on Thursday, February 22. The company was maintained on Thursday, September 3 by Wood. The firm has “Buy” rating by Jefferies given on Monday, September 25. The company was maintained on Wednesday, December 7 by Argus Research. Bank of America upgraded the stock to “Buy” rating in Monday, January 8 report. The stock has “Buy” rating by Jefferies on Tuesday, October 10. As per Friday, January 8, the company rating was maintained by Deutsche Bank.

Since August 31, 2017, it had 0 insider buys, and 8 selling transactions for $16.11 million activity. On Thursday, December 14 the insider HRABOWSKI FREEMAN A III sold $406,356. $377,321 worth of T. Rowe Price Group, Inc. (NASDAQ:TROW) was sold by WHITTEMORE ANNE M on Friday, September 29. Wiese Edward A sold $3.06 million worth of T. Rowe Price Group, Inc. (NASDAQ:TROW) on Wednesday, December 13. Hiebler Jessica M had sold 1,000 shares worth $84,292. 13,041 shares valued at $1.18 million were sold by MORELAND KENNETH V on Monday, October 2.

Vaughan David Investments Inc, which manages about $1.81B and $2.04 billion US Long portfolio, decreased its stake in Chevron Corporation (NYSE:CVX) by 225,919 shares to 701 shares, valued at $255,000 in 2017Q3, according to the filing. It also reduced its holding in Genuine Parts Co (NYSE:GPC) by 206,143 shares in the quarter, leaving it with 5,531 shares, and cut its stake in Enbridge Inc (NYSE:ENB).

Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.02, from 0.93 in 2017Q2. It worsened, as 48 investors sold TROW shares while 247 reduced holdings. 84 funds opened positions while 185 raised stakes. 171.36 million shares or 2.33% less from 175.45 million shares in 2017Q2 were reported. State Treasurer State Of Michigan holds 0.05% in T. Rowe Price Group, Inc. (NASDAQ:TROW) or 72,961 shares. Webster Financial Bank N A holds 0.01% or 879 shares in its portfolio. Missouri-based Argent Capital Mngmt Ltd Llc has invested 0.49% in T. Rowe Price Group, Inc. (NASDAQ:TROW). Liberty Capital Mngmt Inc reported 5,964 shares. Ibm Retirement Fund holds 5,753 shares or 0.11% of its portfolio. Global X Management Limited Company stated it has 0.01% in T. Rowe Price Group, Inc. (NASDAQ:TROW). Schroder Inv Mngmt Gru has 132,301 shares. Of Toledo Na Oh stated it has 2,610 shares. Security Bank & Trust Of Sioux City Iowa Ia invested in 14,699 shares. Whitnell has invested 0.5% in T. Rowe Price Group, Inc. (NASDAQ:TROW). Moreover, Metropolitan Life Ny has 0.07% invested in T. Rowe Price Group, Inc. (NASDAQ:TROW). Ls Invest Advsrs Lc owns 39,297 shares or 0.21% of their US portfolio. The Colorado-based Ghp Advsr has invested 0.31% in T. Rowe Price Group, Inc. (NASDAQ:TROW). Gemmer Asset Mngmt Limited Liability Company owns 142 shares or 0% of their US portfolio. 4,946 were accumulated by Rfg Advisory Group Inc Ltd Liability Corporation.

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