T Rowe Price Group (TROW) Valuation Rose While Oregon Public Employees Retirement Fund Boosted by $4.19 Million Its Holding; As Intercontinental Exchange In (ICE) Stock Price Rose, Atlantic Trust Group Has Lifted Stake by $100.65 Million

April 26, 2018 - By Dolores Ford

T. Rowe Price Group, Inc. (NASDAQ:TROW) Logo

Oregon Public Employees Retirement Fund increased its stake in T Rowe Price Group Inc (TROW) by 63.47% based on its latest 2017Q4 regulatory filing with the SEC. Oregon Public Employees Retirement Fund bought 40,306 shares as the company’s stock rose 0.82% while stock markets declined. The institutional investor held 103,815 shares of the finance company at the end of 2017Q4, valued at $10.89M, up from 63,509 at the end of the previous reported quarter. Oregon Public Employees Retirement Fund who had been investing in T Rowe Price Group Inc for a number of months, seems to be bullish on the $27.15B market cap company. The stock increased 3.38% or $3.63 during the last trading session, reaching $111. About 2.09 million shares traded or 14.38% up from the average. T. Rowe Price Group, Inc. (NASDAQ:TROW) has risen 56.88% since April 26, 2017 and is uptrending. It has outperformed by 45.33% the S&P500.

Atlantic Trust Group Llc increased its stake in Intercontinental Exchange In (ICE) by 417.93% based on its latest 2017Q4 regulatory filing with the SEC. Atlantic Trust Group Llc bought 1.44 million shares as the company’s stock rose 2.21% while stock markets declined. The institutional investor held 1.78 million shares of the investment bankers and brokers and service company at the end of 2017Q4, valued at $125.73M, up from 344,034 at the end of the previous reported quarter. Atlantic Trust Group Llc who had been investing in Intercontinental Exchange In for a number of months, seems to be bullish on the $42.53 billion market cap company. The stock increased 0.25% or $0.18 during the last trading session, reaching $73.21. About 1.64 million shares traded. Intercontinental Exchange, Inc. (NYSE:ICE) has risen 20.88% since April 26, 2017 and is uptrending. It has outperformed by 9.33% the S&P500.

Among 20 analysts covering Intercontinental Exchange (NYSE:ICE), 17 have Buy rating, 0 Sell and 3 Hold. Therefore 85% are positive. Intercontinental Exchange had 69 analyst reports since August 6, 2015 according to SRatingsIntel. Citigroup maintained it with “Neutral” rating and $75 target in Thursday, October 19 report. The rating was maintained by Wood on Friday, March 24 with “Buy”. Wood maintained the stock with “Outperform” rating in Friday, April 8 report. The stock of Intercontinental Exchange, Inc. (NYSE:ICE) has “Buy” rating given on Monday, August 14 by RBC Capital Markets. The stock of Intercontinental Exchange, Inc. (NYSE:ICE) earned “Buy” rating by Jefferies on Monday, June 26. The company was maintained on Monday, July 17 by Jefferies. The firm has “Buy” rating given on Thursday, November 2 by Keefe Bruyette & Woods. The stock of Intercontinental Exchange, Inc. (NYSE:ICE) has “Hold” rating given on Monday, July 10 by RBC Capital Markets. The company was maintained on Monday, October 16 by RBC Capital Markets. Keefe Bruyette & Woods maintained the shares of ICE in report on Friday, October 6 with “Buy” rating.

Atlantic Trust Group Llc, which manages about $23.58 billion US Long portfolio, decreased its stake in Blackrock Inc (NYSE:BLK) by 4,542 shares to 367,626 shares, valued at $188.85 million in 2017Q4, according to the filing. It also reduced its holding in Ishares Tr (HYG) by 6,833 shares in the quarter, leaving it with 39,875 shares, and cut its stake in American Express Co (NYSE:AXP).

Investors sentiment increased to 1.28 in 2017 Q4. Its up 0.23, from 1.05 in 2017Q3. It increased, as 33 investors sold ICE shares while 214 reduced holdings. 80 funds opened positions while 235 raised stakes. 496.95 million shares or 0.82% less from 501.06 million shares in 2017Q3 were reported. Cornerstone Capital Mngmt Limited Liability Corp holds 0.07% of its portfolio in Intercontinental Exchange, Inc. (NYSE:ICE) for 133,694 shares. Zeke Capital, a Pennsylvania-based fund reported 9,714 shares. Schwab Charles Mgmt owns 1.98M shares. Third Point Ltd accumulated 5.50 million shares. 6,759 are held by Fiera Capital Corp. Foothills Asset Management Limited reported 36,060 shares or 1.93% of all its holdings. Pillar Pacific Capital Management Ltd Liability has invested 1.02% in Intercontinental Exchange, Inc. (NYSE:ICE). Capstone Advsrs stated it has 0.01% of its portfolio in Intercontinental Exchange, Inc. (NYSE:ICE). Highstreet Asset Management owns 9,035 shares or 0.04% of their US portfolio. First Commonwealth Financial Pa owns 4,795 shares for 0.36% of their portfolio. Peapack Gladstone Fincl holds 0.02% or 4,110 shares in its portfolio. Stephens Incorporated Ar, a Arkansas-based fund reported 13,695 shares. Andra Ap has invested 0.19% in Intercontinental Exchange, Inc. (NYSE:ICE). Pension Service stated it has 528,613 shares. Massachusetts-based Loomis Sayles LP has invested 0.18% in Intercontinental Exchange, Inc. (NYSE:ICE).

Oregon Public Employees Retirement Fund, which manages about $6.64B US Long portfolio, decreased its stake in Fmc Corp (NYSE:FMC) by 12,385 shares to 36,683 shares, valued at $3.47 million in 2017Q4, according to the filing. It also reduced its holding in Hp Inc by 320,847 shares in the quarter, leaving it with 445,323 shares, and cut its stake in Principal Financial Group (NYSE:PFG).

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 81 analyst reports since August 5, 2015 according to SRatingsIntel. UBS downgraded the shares of TROW in report on Friday, October 2 to “Neutral” rating. Jefferies maintained T. Rowe Price Group, Inc. (NASDAQ:TROW) rating on Monday, September 25. Jefferies has “Buy” rating and $96.0 target. Deutsche Bank downgraded T. Rowe Price Group, Inc. (NASDAQ:TROW) on Wednesday, July 20 to “Hold” rating. The stock of T. Rowe Price Group, Inc. (NASDAQ:TROW) has “Hold” rating given on Tuesday, January 9 by UBS. The company was maintained on Monday, April 23 by Barclays Capital. Citigroup maintained T. Rowe Price Group, Inc. (NASDAQ:TROW) on Wednesday, July 26 with “Neutral” rating. The stock of T. Rowe Price Group, Inc. (NASDAQ:TROW) earned “Buy” rating by Argus Research on Wednesday, December 7. The stock of T. Rowe Price Group, Inc. (NASDAQ:TROW) has “Buy” rating given on Friday, January 8 by Deutsche Bank. The firm has “Buy” rating given on Tuesday, June 20 by Jefferies. Jefferies maintained T. Rowe Price Group, Inc. (NASDAQ:TROW) on Tuesday, October 10 with “Buy” rating.

Since December 8, 2017, it had 0 insider buys, and 5 sales for $14.47 million activity. On Thursday, December 14 the insider HRABOWSKI FREEMAN A III sold $406,356. 30,000 shares valued at $3.06M were sold by Wiese Edward A on Wednesday, December 13. The insider MORELAND KENNETH V sold $839,833.

Investors sentiment increased to 1 in 2017 Q4. Its up 0.09, from 0.91 in 2017Q3. It increased, as 40 investors sold TROW shares while 253 reduced holdings. 95 funds opened positions while 197 raised stakes. 170.77 million shares or 0.35% less from 171.36 million shares in 2017Q3 were reported. State Of Wisconsin Invest Board has invested 0.09% in T. Rowe Price Group, Inc. (NASDAQ:TROW). Moreover, Gateway Invest Advisers has 0.01% invested in T. Rowe Price Group, Inc. (NASDAQ:TROW). Hendley Co Inc owns 64,956 shares for 3.49% of their portfolio. Gam Hldg Ag accumulated 3,486 shares. The United Kingdom-based Guinness Asset Management Limited has invested 0.08% in T. Rowe Price Group, Inc. (NASDAQ:TROW). Old Second National Bank & Trust Of Aurora accumulated 232 shares. Thompson Inv Mngmt Incorporated owns 3,700 shares. Univest Of Pennsylvania has 50,432 shares for 2.13% of their portfolio. Hanseatic Mngmt Services Incorporated, a New Mexico-based fund reported 561 shares. Of Virginia Va owns 100,004 shares. Shelton Cap Management invested in 0.01% or 1,965 shares. Ing Groep Nv has 0.01% invested in T. Rowe Price Group, Inc. (NASDAQ:TROW). Kornitzer Capital Mngmt Incorporated Ks holds 14,500 shares or 0.03% of its portfolio. First Midwest Bancshares Division owns 3,235 shares. Provident Management reported 4,388 shares stake.

T. Rowe Price Group, Inc. (NASDAQ:TROW) Institutional Positions Chart

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By1 Dolores Ford

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