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Meiji Yasuda Asset Management Reduces T. Rowe Price Group Stake
Meiji Yasuda Asset Management Co Ltd. decreased its holdings in T. Rowe Price Group, Inc. by 7.1% in the 3rd quarter, selling 7,510 shares. This move reduces its stake to 98,643 shares valued at over $10 million. The firm stated portfolio rebalancing and changes in investment strategy as reasons, while other institutions increased their stakes in T. Rowe Price.