Versor Investments LP cut into their position in
T. Rowe Price Group, Inc. (NASDAQ:TROW), while
Mitsubishi UFJ Asset Management Co. Ltd. boosted theirs.
T. Rowe's April AUM declined by 3.7%, despite the firm's stock performing well on certain days. The company continues to be recommended as a top dividend stock and has had strong trading days outperforming competitors. Meanwhile,
Private Advisor Group LLC and
Moran Wealth Management LLC trimmed their holdings. T. Rowe managed to win preliminary approval for Semi-Transparent ETFs even as 'terrible' WeWork bet caused troubles. The company's
AUM felt a hit in April due to outflows and declining markets. T. Rowe exuded confidence by increasing its
share repurchase authorization. Notably, T. Rowe wrapped up its
buyout of Oak Hill Advisors and
beats Q1 2024 earnings expectations. However, the stock underperformed on some days. The firm increased its
dividend to $1.24, indicating its commitment to shareholder returns. Conclusively, T. Rowe moves towards improving its market stance despite mixed results and challenges.
T Rowe Price Group TROW News Analytics from Wed, 25 Oct 2023 07:00:00 GMT to Thu, 16 May 2024 18:05:15 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 2
