TROW - T. Rowe Price Group, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
123.00
+1.28 (+1.05%)
At close: 4:00PM EST
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Previous Close121.72
Open122.44
Bid0.00 x 800
Ask0.00 x 3100
Day's Range121.98 - 123.11
52 Week Range84.59 - 124.00
Volume409,813
Avg. Volume966,809
Market Cap28.742B
Beta (3Y Monthly)1.07
PE Ratio (TTM)15.62
EPS (TTM)7.87
Earnings DateJan 28, 2020 - Feb 3, 2020
Forward Dividend & Yield3.04 (2.50%)
Ex-Dividend Date2019-12-13
1y Target Est118.93
  • Henry Ellenbogen's Durable Capital Partners invests in two startups
    American City Business Journals

    Henry Ellenbogen's Durable Capital Partners invests in two startups

    Henry Ellenbogen's new fund has made its first investments into two startup companies since launching earlier this year. London-based fintech startup Rapyd announced Tuesday that it received a $20 million investment from Durable Capital Partners LP, a firm founded by Ellenbogen during the summer. Durable Capital Partners also participated in a $400 million funding round in November for Convoy, a Seattle-based freight logistics technology company.

  • Financial Times

    US stocks closed higher on new trade hopes

    US stocks bounced back on Wednesday, while Treasury yields also rose, as reports China and the US could be close to a trade deal breathed new life into risk assets. The Nasdaq Composite was up 0.5 per cent, aided by gains in semiconductor shares.

  • PR Newswire

    T. Rowe Price CFO Céline Dufétel to Speak at Goldman Sachs US Financial Services Conference

    T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today announced that Céline Dufétel, its chief financial officer and treasurer, is scheduled to speak at the Goldman Sachs US Financial Services Conference on Tuesday, December 10, 2019. The session will take place at 8:30 a.m. EST in New York.

  • Financial Times

    Ex-T Rowe Price stockpicker Ellenbogen makes first solo deal

    has made his first deal since setting up a company earlier this year, investing about $40m in Rapyd, a service provider for the cross-border payments industry. Mr Ellenbogen left T Rowe Price at the end of March, relinquishing control of its storied $26bn New Horizons fund to set up Durable Capital with several former colleagues. Under Mr Ellenbogen — dubbed the “boy wonder of Capitol Hill” when he was an administrative assistant to a Florida Congressman at just 20 — New Horizons was one of the best-performing mutual funds in the US.

  • T. Rowe Price raised its stake in these embattled public companies
    American City Business Journals

    T. Rowe Price raised its stake in these embattled public companies

    T. Rowe Price bought more than 125 million shares of General Electric as the industrial conglomerate continues to work through a major restructuring.

  • Financial Times

    A fintech false dawn for London’s stock exchange

    Five months into 2019, the London Stock Exchange boldly proclaimed that this was the year that fintech had come of age as a force to be reckoned with in the capital markets. London Inc has championed the industry, and fintech companies looked set to be a vital source of listings for the Brexit-hit bourse. Unfortunately for the champagne-poppers at the LSE, as the year comes to a close the outlook for fintech listings has darkened as much as London’s quickly shortening evenings.

  • Barrons.com

    Cboe Wants to Install a Speed Bump on a Stock Exchange. Wall Street Hates the Idea.

    The Chicago exchange operator is trying to slow down just some trades, a practice that has drawn attacks from a broad range of market players

  • Why these Baltimore portfolio managers remain optimistic about the stock market
    American City Business Journals

    Why these Baltimore portfolio managers remain optimistic about the stock market

    Despite some volatility, the stock market is actually having a good year as all of the major indices are up at least 20%.

  • Fidelity continues to buy into Larry Culp’s vision for GE
    American City Business Journals

    Fidelity continues to buy into Larry Culp’s vision for GE

    In Culp’s first year as GE CEO, the money manager more than tripled its stake in the Boston-based conglomerate.

  • PR Newswire

    T. Rowe Price Investment Professionals Share Global Market Outlook For 2020

    T. Rowe Price held its annual Global Market Outlook press briefing today in New York City, during which several of the firm's experts reflected on key market drivers in 2019 and shared their expectations for various asset classes in 2020. Speakers included Alan Levenson, chief U.S. economist; John Linehan, portfolio manager and chief investment officer, Equity; Justin Thomson, portfolio manager and chief investment officer, Equity; Mark Vaselkiv, portfolio manager and chief investment officer, Fixed Income; and David Giroux, portfolio manager, chief investment officer, Equity and Multi-Asset, and head of Investment Strategy.

  • T. Rowe Price (TROW) or Ameriprise (AMP): Which is Better?
    Zacks

    T. Rowe Price (TROW) or Ameriprise (AMP): Which is Better?

    Though T. Rowe Price (TROW) and Ameriprise (AMP) are solid picks with similar business trends, deeper research into their financials will help decide which investment option is better.

  • Fidelity, Natixis get closer to approval on innovative funds
    American City Business Journals

    Fidelity, Natixis get closer to approval on innovative funds

    The new type of funds mix elements of actively managed and exchange-traded products, something active managers hope will help slow down the rush to index funds.

  • T. Rowe Wins Preliminary Approval for Semi-Transparent ETFs
    Zacks

    T. Rowe Wins Preliminary Approval for Semi-Transparent ETFs

    Following the approval, T. Rowe Price (TROW) will be able to offer active strategies without the need to disclose certain information that might be harmful to the interests of fund shareholders.

  • PR Newswire

    T. Rowe Price Receives Preliminary Approval From SEC To Offer Semi-Transparent, Actively Managed Exchange-Traded Funds

    On November 14, 2019, the Securities and Exchange Commission (SEC) granted preliminary exemptive relief to T. Rowe Price to offer semi-transparent exchange-traded funds (ETFs). The relief paves the way for T. Rowe Price to bring to market ETFs that employ the firm's successful, longstanding actively managed investment approach. T. Rowe Price has been engaged in constructive dialogue with the SEC about the potential launch of semi-transparent active ETFs for several years and first filed for exemptive relief in 2013.

  • T. Rowe Price Reports 1.8% Sequential Rise in October AUM
    Zacks

    T. Rowe Price Reports 1.8% Sequential Rise in October AUM

    T. Rowe Price's (TROW) preliminary assets under management (AUM) of $1.15 trillion for October 2019 reflect 1.8% increase from the prior month.

  • PR Newswire

    T. Rowe Price Group Reports Preliminary Month-End Assets Under Management For October 2019

    BALTIMORE , Nov. 12, 2019 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.15 trillion as of October 31, 2019. Client transfers ...

  • Invesco October AUM Up on Market Gains & Positive FX Effects
    Zacks

    Invesco October AUM Up on Market Gains & Positive FX Effects

    Increase in Invesco's (IVZ) asset under management balance is likely to support its top-line growth in the upcoming period.

  • Franklin Resources' (BEN) October AUM Ascends on Market Gains
    Zacks

    Franklin Resources' (BEN) October AUM Ascends on Market Gains

    Franklin Resources' (BEN) preliminary assets under management (AUM) of $693.1 billion for October inch up from the prior month, driven by net market gains.

  • T. Rowe Price's McPherson sees green light for value stocks
    Reuters

    T. Rowe Price's McPherson sees green light for value stocks

    Economic uncertainty has held back value stocks, but fund manager Heather McPherson of T. Rowe Price Group Inc sees plenty of opportunity to scoop up undervalued shares, including in the financial and utilities sectors. Among her picks are American International Group Inc , Wells Fargo & Co and CenterPoint Energy Inc , she said on Thursday at the Reuters Global Investment Outlook 2020 Summit in New York. Shares of AIG, along with other property and casualty insurance companies, are poised to rise as concerns related to climate change and litigation drive up pricing, McPherson said.

  • Lazard (LAZ) Q3 Earnings & Revenues Fall Y/Y, Stock Down 2.9%
    Zacks

    Lazard (LAZ) Q3 Earnings & Revenues Fall Y/Y, Stock Down 2.9%

    Lazard's (LAZ) Q3 results reflect fall in revenues and assets under management (AUM) balance, as well as adverse impact of elevated expenses.

  • Will Victory Capital (VCTR) Disappoint This Earnings Season?
    Zacks

    Will Victory Capital (VCTR) Disappoint This Earnings Season?

    Victory Capital's (VCTR) Q3 earnings are expected to have benefited from higher assets under management and rise in revenues.