Empowered Funds LLC and
Norden Group LLC have boosted their positions in
T. Rowe Price Group, Inc. (TROW), while firms such as
Private Advisor Group LLC and
Sequoia Financial Advisors LLC have decreased theirs. TROW's stock has underperformed compared to competitors on certain days despite daily gains. The company reported preliminary month-end assets under management (AUM) for June 2024, showing a 1.8% rise in AUM despite net outflows. Despite mixed performance,
StockNews.com has upgraded TROW to
'Buy', and its
Mutual of America Capital Management LLC holdings amount to $3.58 million. TROW also debuted its first tax-free municipal bond ETF. Although it received a consensus recommendation of 'Reduce' by brokerages, price targets were raised by
Keefe, Bruyette & Woods to $121.00. TROW has seen negative stock performance in the past three years but showed a 1.75% surge in total AUM in June. Various investment groups, such as
Wealth Enhancement Advisory Services LLC and
Mirae Asset Global Investments Co. Ltd., have increased share holdings in TROW. The company's dividend has increased to $1.24, and it has been listed as one of the world's most admired companies by Fortune and most trustworthy companies in America by Newsweek.
T Rowe Price Group TROW News Analytics from Thu, 16 Nov 2023 08:00:00 GMT to Sun, 14 Jul 2024 11:48:58 GMT -
Rating 3
- Innovation 0
- Information 8
- Rumor -2
