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ARGA Investment Management LP Has $41.63 Million Holdings in T. Rowe Price Group, Inc. $TROW
ARGA Investment Management LP reduced its stake in T. Rowe Price Group, Inc. by 28.5% in Q4, now holding 406,648 shares valued at $41.63 million. Institutional investors own 73.39% of the company, while analysts generally rate the stock as “Reduce” with an average target price of $96.46. Despite missing Q1 EPS estimates, T. Rowe Price Group increased its quarterly dividend to $1.30 per share, resulting in a 5.1% yield.