Wed, Sep 17, 2014, 2:28 AM EDT - U.S. Markets open in 7 hrs 2 mins


% | $
Quotes you view appear here for quick access.

T. Rowe Price Growth Stock Message Board

  • bhttsl bhttsl Feb 9, 2013 12:32 PM Flag

    PRGFX ownership of DELLis substantial

    Below excerpted from the Wall Street Urinal. T. Rowe Price should just say "NO" to the LBO (Let's Bail Out) by Mikey Dell and vote against the buyout.

    "But it's not the only investor that may be facing a loss if Dell is sold for $13.65 a share. As of the third quarter, Dell's 25 largest active institutional shareholders on average had bought their stock at an estimated $16.11, according to Ipreo.

    All but five of the 25 institutions could, as of the third quarter, face a loss at the buyout price.

    Funds run by T. Rowe Price Group Inc., TROW +0.51% which is the second largest institutional holder, are estimated to have bought Dell stock at an average of $16.72, according to Ipreo. Some funds could even make money: Funds at Pzena Investment Management Inc. PZN +3.99% have an estimated cost basis of $12.34 on Dell stock, Ipreo said.

    A spokesman for T. Rowe Price declined to comment."

    Sentiment: Buy

55.32+0.61(+1.11%)Sep 16 6:25 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.