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Danske Bank A S Has $12.76 Million Holdings in T. Rowe Price Group, Inc. $TROW
Danske Bank A/S increased its stake in T. Rowe Price Group, Inc. by 13.0% in Q4, holding 124,604 shares valued at $12.76 million. T. Rowe Price recently reported strong Q1 earnings, beating consensus estimates with $2.52 EPS and raising its quarterly dividend to $1.30. Despite mixed analyst sentiment and a “Reduce” consensus rating, the company’s profitability is supported by rising asset values offsetting client outflows.