QRG Capital Management Inc. Has $4.35 Million Stock Holdings in T. Rowe Price Group, Inc. $TROW

QRG Capital Management Inc. significantly increased its stake in T. Rowe Price Group (NASDAQ:TROW) by 153% in the fourth quarter, now holding 42,476 shares valued at approximately $4.35 million. Despite analysts’ consensus rating of “Reduce” with an average price target of $99.54, T. Rowe Price Group recently exceeded quarterly EPS estimates, saw a 5.3% year-over-year revenue increase, and raised its quarterly dividend to $1.30 per share, offering a 4.9% yield. Several other institutional investors also adjusted their positions in the asset management firm during the same period.

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