T. Rowe Price Group (TROW) has seen varying analyst predictions, with some suggesting to hold off on buying, while others note a strategic shift and growth despite market challenges. Insider sale of stocks has been marked, but TROW still outperforms competitors on certain days. An investment institute has been launched to boost talent and intelligence. Noteworthy changes include the role shift of Justin Thomson, who later steps down as Head of International Equity. Several firms have invested millions in TROW and the company remains a popular dividend stock. Asset under management (AUM) projections indicate growth, with a 1.6% increase noted for August. Despite a record of underperformance, certain sources still recommend TROW as an investment. The company also has strong institutional backing, with 73% ownership. TROW reported a miss for Q2 of 2024, and share prices have seen a 32% loss in the past three years. TROW receives a consensus of 'Reduce' from brokerages. Despite uncertainties, their dividend has seen an increase and they have launched their third podcast season. Earnings are expected to grow, whilst some significant fund outflows have been noted. Finally, TROW also announced a partnership with Ascensus for the 529 Business.
T Rowe Price Group TROW News Analytics from Thu, 22 Feb 2024 08:00:00 GMT to Sat, 05 Oct 2024 12:04:51 GMT -
Rating 1
- Innovation 5
- Information 8
- Rumor -3
