|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||127.43 - 130.02|
|52 Week Range||86.61 - 134.56|
|Beta (5Y Monthly)||1.06|
|PE Ratio (TTM)||16.33|
|Forward Dividend & Yield||3.04 (2.32%)|
|Ex-Dividend Date||Dec 12, 2019|
|1y Target Est||N/A|
T. Rowe Price has relaunched its Money Confident Kids® program, a financial education program teaching basic financial concepts to middle school-age children, as a new five-step program with a refreshed website. The five steps outlined on the new site are designed to build on each other and simplify the process of teaching core financial concepts to kids.
T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.21 trillion as of December 31, 2019. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $2.3 billion in December 2019, and $3.7 billion for the quarter-ended December 31, 2019. This brings total client transfers for 2019 to $23.2 billion.
We applaud Congress for including the SECURE Act in its appropriations package and for recognizing the importance of retirement savings. The legislation includes meaningful changes that will allow more people to participate in workplace savings plans and should have positive impact on retirement for millions of Americans.
The T. Rowe Price Foundation (NASDAQ-GS: TROW) is opening a new space, the Bmore CoLab, under an ambitious partnership with the CASH Campaign of Maryland (CASH) and other nonprofits, to provide a variety of community services focused on empowering entrepreneurship and financial well-being in Baltimore.
T. Rowe Price (NASDAQ-GS: TROW) today launched the T. Rowe Price China Evolution Equity Fund. The fund will seek long-term growth of capital through investments in Chinese companies. T. Rowe Price has a decades-long history of investing in China through global strategies, including those focused on emerging markets and Asia. However, this launch marks T. Rowe Price's first mutual fund focused solely on Chinese equities.
T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.18 trillion as of November 30, 2019. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $0.3 billion in November 2019 and $1.4 billion for the quarter-to-date period ended November 30, 2019. This brings total client transfers for the year-to-date period ended November 30, 2019, to $20.9 billion.
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.
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.
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 ...
BALTIMORE , Oct. 30, 2019 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that its Board of Directors has declared a quarterly dividend of $0.76 per share payable December 30, ...
BALTIMORE , Oct. 24, 2019 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported its financial results for the third quarter of 2019. The earnings release can be found on the firm's ...
BALTIMORE , Oct. 10, 2019 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.13 trillion as of September 30, 2019 . Client transfers ...
Andrew Jacobs van Merlen also appointed to portfolio management team. BALTIMORE, Sept. 24, 2019 /PRNewswire/ -- T. Rowe Price Group, Inc. (TROW) today announced transitions in its Multi-Asset division that manages one of the country's leading target date franchises.
BALTIMORE , Sept. 12, 2019 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.12 trillion as of August 31, 2019. Client transfers ...
BALTIMORE, Aug. 8, 2019 /PRNewswire/ -- T. Rowe Price's 2019 Parents, Kids & Money Survey, which sampled 1,005 parents of 8- to 14-year-olds and their kids, found that more than one-third of parents are uncomfortable discussing saving for college with their kids and few of them are having frequent conversations about saving for college. "Covering college costs can be kids' first experience with conceptualizing a long-term goal" says Judith Ward, CFP®, a senior financial planner at T. Rowe Price and mother of two college graduates. "The hesitation to discuss saving for college is a missed opportunity that not only lends itself to misunderstandings about who may be footing the bill for college, but also has implications for how kids think about money going forward and balance short-term and long-term needs into adulthood.
BALTIMORE , July 24, 2019 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported its financial results for the second quarter of 2019. The earnings release can be found on the firm's ...
BALTIMORE , July 11, 2019 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.13 trillion as of June 30, 2019. Client transfers ...
T. Rowe Price Associates, Inc., the largest shareholder of EQT Corporation (EQT), announced today that it intends to vote to elect the Rice Group slate of nominees to the EQT Board of Directors at the company's shareholder meeting on July 10, 2019. The firm, on behalf of the T. Rowe Price funds and certain of its advisory clients, will support Rice Group nominees Lydia Beebe, Lee Canaan, Kathryn Jackson, John McCartney, Daniel Rice IV, Toby Rice, and Hallie Vanderhider. As of the record date of the shareholder meeting, T. Rowe Price was the beneficial owner of 25.5 million shares of EQT Corp. common stock, about 10 percent of shares outstanding as of the proxy filing date.
BALTIMORE , June 28, 2019 /PRNewswire/ -- Recent press reports have suggested that big investment firms, including T. Rowe Price , plan to discontinue the longstanding practice of utilizing Wall Street ...
The T. Rowe Price Foundation announced today it will be granting $2.7 million over four years to address some of Baltimore's most critical needs. To inform the grant-making strategy and determine where it could have the most impact, the Foundation hosted and participated in hundreds of meetings as part of a listening tour with T. Rowe Price associates, community leaders and members, and national and global thought leaders to determine the Foundation's future impact strategy.
BALTIMORE, June 25, 2019 /PRNewswire/ -- Baby boomer women have a median 401(k) savings balance of $59,000, less than half of the $138,000, median balance of baby boomer men, according to a recent T. Rowe Price survey focused on the financial behavior and attitudes related to gender. This savings gap carries over to millennial women, who have a median 401(k) balance that is $30,000 less than the median balance of millennial men. The survey also found that, based on the median annual incomes of both men and women, women earn almost $27,000 less than men--underscoring the gender pay gap.
On the heels of a tough 2018 for many major financial markets, the uptick for much of the first half of 2019 has been swift and dramatic. International equities also got off to a generally strong start in 2019, with China leading the pack ahead of Europe, Japan, and emerging markets. In fixed income, virtually all corners of the market, from high quality to below investment grade, have been outstanding in the first half of 2019.
T. Rowe Price Group, Inc. (TROW) announced today that its board of directors has elected Dina Dublon and Robert J. Stevens as independent directors of the company. Ms. Dublon was the executive vice president and chief financial officer of JPMorgan Chase & Co. from 1998 until her retirement in 2004.