$0.55 EPS Expected for Thomson Reuters (TRI); Goldman Sachs Group Has Lowered By $1.65 Million Its Price T Rowe Group (Put) (TROW) Stake

January 14, 2018 - By Michael Collier

Goldman Sachs Group Inc decreased Price T Rowe Group Inc (Put) (TROW) stake by 80.62% reported in 2017Q3 SEC filing. Goldman Sachs Group Inc sold 18,300 shares as Price T Rowe Group Inc (Put) (TROW)’s stock declined 0.66%. The Goldman Sachs Group Inc holds 4,400 shares with $399,000 value, down from 22,700 last quarter. Price T Rowe Group Inc (Put) now has $27.95 billion valuation. The stock increased 2.03% or $2.29 during the last trading session, reaching $115.35. About 1.36 million shares traded. T. Rowe Price Group, Inc. (NASDAQ:TROW) has declined 4.22% since January 14, 2017 and is downtrending. It has underperformed by 20.92% the S&P500.

Analysts expect Thomson Reuters Corporation (NYSE:TRI) to report $0.55 EPS on February, 8.They anticipate $0.05 EPS change or 8.33% from last quarter’s $0.6 EPS. TRI’s profit would be $384.55M giving it 19.81 P/E if the $0.55 EPS is correct. After having $0.68 EPS previously, Thomson Reuters Corporation’s analysts see -19.12% EPS growth. The stock increased 0.58% or $0.25 during the last trading session, reaching $43.59. About 381,289 shares traded. Thomson Reuters Corporation (NYSE:TRI) has risen 6.95% since January 14, 2017 and is uptrending. It has underperformed by 9.75% the S&P500.

Thomson Reuters Corporation provides news and information for professional markets worldwide. The company has market cap of $30.48 billion. It operates through three divisions: Financial & Risk, Legal, and Tax & Accounting. It has a 10.4 P/E ratio. The firm sells electronic content and services to professionals primarily on a subscription basis.

Investors sentiment increased to 0.84 in 2017 Q3. Its up 0.17, from 0.67 in 2017Q2. It increased, as 36 investors sold Thomson Reuters Corporation shares while 97 reduced holdings. 40 funds opened positions while 72 raised stakes. 171.23 million shares or 7.02% less from 184.16 million shares in 2017Q2 were reported. Northern Trust Corp reported 495,599 shares stake. Bridgewater Associates L P stated it has 0.02% of its portfolio in Thomson Reuters Corporation (NYSE:TRI). M&T Retail Bank Corporation invested in 0.01% or 41,783 shares. Landscape Management Limited Liability Corp holds 0.06% or 13,391 shares. Valley Natl Advisers, Pennsylvania-based fund reported 27,317 shares. Morgan Stanley has 1.07 million shares for 0.01% of their portfolio. Heathbridge Capital Mngmt Limited invested in 605,850 shares. Fifth Third Bank reported 40 shares or 0% of all its holdings. Point72 Asset Mngmt L P has 902,850 shares for 0.18% of their portfolio. Ameriprise holds 37,804 shares or 0% of its portfolio. Lenox Wealth has 0.01% invested in Thomson Reuters Corporation (NYSE:TRI). Credit Suisse Ag holds 0.03% or 624,062 shares in its portfolio. State Of Wisconsin Invest Board has 0.04% invested in Thomson Reuters Corporation (NYSE:TRI). First L P reported 0.05% of its portfolio in Thomson Reuters Corporation (NYSE:TRI). Verition Fund Mgmt Lc invested in 27,217 shares or 0.1% of the stock.

Among 17 analysts covering Thomson Reuters (NYSE:TRI), 4 have Buy rating, 2 Sell and 11 Hold. Therefore 24% are positive. Thomson Reuters had 34 analyst reports since July 29, 2015 according to SRatingsIntel. On Tuesday, July 25 the stock rating was maintained by RBC Capital Markets with “Hold”. The stock of Thomson Reuters Corporation (NYSE:TRI) earned “Outperform” rating by Macquarie Research on Thursday, June 15. The stock of Thomson Reuters Corporation (NYSE:TRI) has “Hold” rating given on Wednesday, November 1 by Canaccord Genuity. The stock of Thomson Reuters Corporation (NYSE:TRI) has “Hold” rating given on Monday, May 1 by Canaccord Genuity. The stock of Thomson Reuters Corporation (NYSE:TRI) has “Equal-Weight” rating given on Tuesday, August 23 by Barclays Capital. The firm has “Buy” rating by Deutsche Bank given on Monday, June 19. Morgan Stanley maintained the stock with “Equal-Weight” rating in Monday, October 23 report. The stock of Thomson Reuters Corporation (NYSE:TRI) has “Buy” rating given on Wednesday, July 29 by TD Securities. Scotia Capital upgraded the stock to “Sector Outperform” rating in Tuesday, October 17 report. The firm has “Neutral” rating by JP Morgan given on Thursday, November 3.

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 70 analyst reports since August 5, 2015 according to SRatingsIntel. Deutsche Bank maintained it with “Buy” rating and $82 target in Friday, October 23 report. As per Monday, May 29, the company rating was maintained by Keefe Bruyette & Woods. The rating was maintained by Deutsche Bank on Friday, January 8 with “Buy”. Morgan Stanley downgraded T. Rowe Price Group, Inc. (NASDAQ:TROW) on Friday, March 17 to “Underweight” rating. Bank of America downgraded the stock to “Neutral” rating in Tuesday, March 15 report. Jefferies maintained the stock with “Buy” rating in Tuesday, June 20 report. The company was maintained on Monday, August 17 by Deutsche Bank. The firm has “Hold” rating by Deutsche Bank given on Friday, September 9. The rating was maintained by Wood with “Market Perform” on Friday, October 14. Barclays Capital maintained the stock with “Equal-Weight” rating in Wednesday, August 24 report.

Since August 31, 2017, it had 0 insider buys, and 8 sales for $16.11 million activity. Another trade for 30,000 shares valued at $3.06M was made by Wiese Edward A on Wednesday, December 13. 6,808 shares were sold by Alderson Christopher D, worth $700,052. WHITTEMORE ANNE M sold 4,163 shares worth $377,321. MORELAND KENNETH V had sold 13,041 shares worth $1.18 million on Monday, October 2. The insider Hiebler Jessica M sold 1,000 shares worth $84,292. HRABOWSKI FREEMAN A III sold $406,356 worth of T. Rowe Price Group, Inc. (NASDAQ:TROW) on Thursday, December 14.

Analysts await T. Rowe Price Group, Inc. (NASDAQ:TROW) to report earnings on January, 25. They expect $1.41 earnings per share, up 16.53% or $0.20 from last year’s $1.21 per share. TROW’s profit will be $341.65M for 20.45 P/E if the $1.41 EPS becomes a reality. After $1.45 actual earnings per share reported by T. Rowe Price Group, Inc. for the previous quarter, Wall Street now forecasts -2.76% negative EPS growth.

Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.02, from 0.93 in 2017Q2. It dived, as 48 investors sold TROW shares while 247 reduced holdings. 84 funds opened positions while 185 raised stakes. 171.36 million shares or 2.33% less from 175.45 million shares in 2017Q2 were reported. Moreover, Goldman Sachs Inc has 0.03% invested in T. Rowe Price Group, Inc. (NASDAQ:TROW). Great West Life Assurance Can invested 0.06% in T. Rowe Price Group, Inc. (NASDAQ:TROW). Alpha Cubed Lc invested in 0.04% or 2,821 shares. Private Tru Co Na has invested 0.14% in T. Rowe Price Group, Inc. (NASDAQ:TROW). Ashford Cap Mgmt Incorporated has 2,570 shares. Teacher Retirement Sys Of Texas stated it has 53,922 shares or 0.03% of all its holdings. Fmr Ltd Llc holds 910,720 shares or 0.01% of its portfolio. Cambridge Rech Advsrs stated it has 27,698 shares. State Of New Jersey Common Pension Fund D holds 149,500 shares or 0.05% of its portfolio. Lenox Wealth Management holds 0% of its portfolio in T. Rowe Price Group, Inc. (NASDAQ:TROW) for 151 shares. Lateef Investment Mngmt Limited Partnership invested in 132,488 shares or 1.08% of the stock. Royal State Bank Of Canada stated it has 387,272 shares or 0.02% of all its holdings. Wms Ptnrs Limited Liability Com invested in 0.71% or 66,176 shares. First Commonwealth Financial Corporation Pa has invested 0.48% in T. Rowe Price Group, Inc. (NASDAQ:TROW). Jensen Invest Mngmt holds 0.05% of its portfolio in T. Rowe Price Group, Inc. (NASDAQ:TROW) for 37,569 shares.

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