AQR Capital Management LLC and
British Columbia Investment Management Corp significantly increased their shares in
T. Rowe Price Group Inc. (TROW) while its
Short Interest increased 19.2%. Susquehanna Fundamental Investments LLC and Bank of Montreal also
purchased newly minted shares and T. Rowe Price's
August AUM Balance improved by 1.6% sequentially. Despite these positive situations, the stock
underperformed in comparison to its competitors on certain days. Yet, T. Rowe acknowledged with a
'Reduce' recommendation from brokerages and record of
-1.47% stock movement.
The company is identified as a strong value stock due to its superior
debt-free dividend and consistent
dividend growth. While it's evident there was a 32% loss in the last three years from investing in the stock, Canada Pension Plan Investment Board, Meiji Yasuda Asset Management Co Ltd., and LPL Financial LLC opted to
boost their stake in the group.
T. Rowe Price surpassed expectations in some financial forecasts, but
underperformed in others and received mixed reviews from analysts. Amidst everything, TROW continues to be regarded as a
great dividend stock despite facing a
potential risk of heighten outflows and
AUM stagnation.
T Rowe Price Group TROW News Analytics from Fri, 09 Feb 2024 08:00:00 GMT to Sun, 29 Sep 2024 12:30:26 GMT -
Rating 5
- Innovation 2
- Information 9
- Rumor -8
