T. Rowe Price Group (TROW) is poised as one of the top asset management stocks recommended by hedge funds and receives the backing of large institutions holding about 75% of the stock. Despite its occasional underperformance compared to competitors, analysts from Wells Fargo project a notable rise in its stock price. Furthermore, the company consistently bags trust and workplace excellence awards. Facing outflow challenges, investments and holdings increase through organizations such as Geode Capital Management LLC. Tudor Financial Inc., and National Bank of Canada FI, and selling of shares occur via firms like Quantinno Capital Management LP. Highly regarded as a worthy long-term and dividend-paying stock, the company's stock hit a 52-week high and boasts of strong upside potential. However, it also received a 'Reduce' rating from brokerages suggesting caution. Increased shares repurchasing, golden cross, and meaningful SWOT analysis highlight bright technical outlook and strategic shifts. Reduced stakes and holdings in T. Rowe were reported by some firms. Despite facing market challenges like inflation, growth is anticipated due to a vigorous 2025 outlook and strong momentum in the stock market. Lastly, the company's active ETF awareness drive contributes positively to their overall reputation.
T Rowe Price Group TROW News Analytics from Mon, 10 Jun 2024 07:00:00 GMT to Sat, 14 Dec 2024 20:45:20 GMT -
Rating 8
- Innovation 4
- Information 7
- Rumor 3
