T. Rowe Price Group (TROW) stock performance has been the subject of wide speculation, leading to mixed market sentiments. The shares have reached
a new 1-year low and have been questioned for their underperformance of the financial sector. Despite this, numerous institutional investors such as Kennondale Capital Management, Northwestern & Ethical Investments, and Blueshift Asset Management have acquired thousands of shares. There has been an equal number of those reducing their stake such as AlphaQuest and Envestnet Portfolio Solutions. Providing some relief to long-term investors, T. Rowe has been noted for its
consistent dividend growth and relatively strong
debt-free position. Still, it reported a miss on Q4 Earnings due to higher expenses, further contributing to doubts in market performance. Despite this, it reported an impressive preliminary month-end assets under management for February 2025 and continuous strategic partnerships. Regardless of loss seen over three years, some analysts maintain T. Rowe to be
one of the best asset management stocks to buy according to hedge funds.
T Rowe Price Group TROW News Analytics from Thu, 26 Sep 2024 07:00:00 GMT to Sat, 22 Mar 2025 20:14:14 GMT -
Rating 3
- Innovation 1
- Information 5
- Rumor -5
