Boston Trust Walden Corp Lowers Stock Position in T. Rowe Price Group, Inc. $TROW

Boston Trust Walden Corp significantly reduced its stake in T. Rowe Price Group, selling 40% of its shares and now holding 121,135 shares valued at approximately $12.4 million. This move comes as analysts have lowered their price targets and ratings for T. Rowe Price, with an average rating of “Reduce” and a target price of $96.85. Despite the institutional sell-off, T. Rowe Price recently raised its quarterly dividend to $1.30, resulting in a 5.2% yield, even after slightly missing EPS estimates for the last quarter.

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