T. Rowe Price Group Inc (TROW) recently partnered with Ascensus for its
529 business while also performing amicably amidst competitors, despite slight losses. Notably,
inside trading of shares provoked hesitancy, and while
Advisory Services and the Norwegian central bank
Norges Bank increased their position in TROW,
Stifel Financial and CreativeOne Wealth reduced theirs. TROW's dividends underwent an increase, making it a valuable pick for income investors. However, Goldman Sachs maintains a 'sell' stance on the stock. Despite mixed market outcomes and rising operational costs, TROW's strategic initiatives and organic growth strategies proved beneficial. On another note, the company's recent declaration about increasing its dividend payout to $1.24 has cheered investors. With an impressive 26% beat on the EPS estimates in the Q1 2024 results announcement and a predicted 4% rise in AUM, TROW's investment outlook remains positive. The stock's performance, as highlighted, saw an underperformance during the trading days last week. However, its full-year 2023 earnings exceeded expectations.
T Rowe Price Group TROW News Analytics from Sat, 07 Oct 2023 07:00:00 GMT to Thu, 30 May 2024 15:31:49 GMT -
Rating 7
- Innovation 4
- Information 9
- Rumor 2
