Insiders at T. Rowe Price Group have reportedly sold a considerable amount of stock valued around US$784k, indicating potential weakness. However, the company's
assets under management (AUM) for February 2025 showed significant activity, as several investors made new funds or boosted their stakes in the group, including
Lbp Am Sa, First National Trust Co, Zurcher Kantonalbank, and Amundi. Unfortunately, the group's
stock hit a 52-week low at $92.78. It's also significant to note that the
head of governance, Donna Anderson, is planning to retire at year-end. Interestingly, the company still proves as an attractive investment choice as it has been recognized among
stellar dividend growth stocks. Still, concerns were raised due to a reported
1.4% decrease in its AUM in February, primarily due to weak equity and fixed income performance. In spite of this,
T. Rowe Price continues to be a favourite among hedge funds as an ideal debt-free dividend stock investment. Yet, investors' confidence could be tested since the company slightly missed its earning targets with their Q4 2024 results. The company sees this as an opportunity for introspection as reflected in their CEO interview with the New York Times, discussing how they are surviving the digital disruption.
T Rowe Price Group TROW News Analytics from Tue, 10 Sep 2024 07:00:00 GMT to Sat, 15 Mar 2025 13:30:00 GMT -
Rating 3
- Innovation 7
- Information 9
- Rumor 2
