T. Rowe Price Group, Inc. $TROW Position Trimmed by Aberdeen Group plc

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Aberdeen Group plc reduced its stake in T. Rowe Price Group, Inc. (NASDAQ:TROW) by 7.2% in the fourth quarter, selling 14,587 shares and now owning 188,818 shares valued at $19.33 million. Despite this trimming by Aberdeen, other institutional investors like Econ Financial Services Corp and Foster & Motley Inc. increased their holdings. T. Rowe Price Group recently announced an increased quarterly dividend of $1.30 per share and reported Q4 earnings of $2.44 per share, slightly missing analyst estimates, with revenue of $1.93 billion.

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