Norges Bank and numerous other investment groups have made substantial purchases in
T. Rowe Price Group, Inc. (TROW), despite some reductions. The firm has experienced consistent outperformance compared to competitors, even on days marked by losses. This strength is reflected in the increase of its
dividend yield to 4.25%, encouraging investors to consider adding it to their portfolios. There are high hopes for TROW beating
earnings estimates due to strong earnings estimate revisions. However, some brokerages have given it a consensus recommendation of “Reduce.” TROW has also reported a
2.7% growth in February AUM but a decline of 3.7% in April. This mixed performance amid market challenges has raised questions about the firm’s future progress. Recent reports also mention the
increase in dividends, suggesting positive forecasts in the coming quarters. Despite potential issues due to high costs, organic growth is expected to aid the company.
T Rowe Price Group TROW News Analytics from Wed, 25 Oct 2023 07:00:00 GMT to Sun, 26 May 2024 18:58:15 GMT -
Rating 5
- Innovation -4
- Information 8
- Rumor -2
