TROW - T. Rowe Price Group, Inc.
105.61 0.00 (0.00%)
After hours: 4:55PM EDT
| Previous Close | 109.18 |
| Open | 108.50 |
| Bid | 102.11 x 800 |
| Ask | 105.43 x 800 |
| Day's Range | 104.94 - 109.05 |
| 52 Week Range | 84.59 - 117.68 |
| Volume | 1,199,370 |
| Avg. Volume | 1,102,703 |
| Market Cap | 24.972B |
| Beta (3Y Monthly) | 1.07 |
| PE Ratio (TTM) | 13.29 |
| EPS (TTM) | 7.95 |
| Earnings Date | Oct 23, 2019 - Oct 28, 2019 |
| Forward Dividend & Yield | 3.04 (2.78%) |
| Ex-Dividend Date | 2019-09-12 |
| 1y Target Est | 118.46 |
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Under Armour, Medifast among stocks falling as Trump's trade war with China escalates
President Donald Trump ordered U.S. companies to find alternatives to their China operations in a series of tweets.
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Why Is T. Rowe (TROW) Down 4.2% Since Last Earnings Report?
T. Rowe (TROW) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
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Why Invesco (IVZ) is Worth Adding to Your Portfolio Now
Given the strong fundamentals and growth prospects, Invesco (IVZ) stock is worth betting on right now.
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USAA cuts bait on wealth management companies
Since November, USAA has sold both USAA Asset Management and USAA Investment Management in deals totaling $2.65 billion. The divestiture of two of USAA's largest investment subsidiaries represents a rare misstep for the San Antonio-based financial services company and a refocusing on its core strengths.
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Here's Why Banner Corporation (BANR) Stock is a Solid Bet
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Retail Loan Growth, Solid Balance Sheet Aid Ally Financial
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- PR Newswire
T. Rowe Price Group Declares Quarterly Dividend
BALTIMORE , Aug. 20, 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 September ...
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Legg Mason's Investment Strategies Impress: Time to Hold?
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Capital One (COF) to Acquire KippsDeSanto, Enter M&A Market
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Margin Pressure, High Costs to Hurt East West Bancorp (EWBC)
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- Bloomberg
Fidelity, T. Rowe Bulked Up on GE Shares as Culp Took Over
(Bloomberg) -- When it comes to General Electric Co., two of the nation’s largest mutual fund companies have been going all in on the industrial conglomerate’s latest chief executive, Larry Culp.Fidelity Investments and T. Rowe Price Group Inc. have bulked up on GE stock since Culp was named in October 2018. While neither fund company had much of a stake in GE before he took the helm, the two now rank as its second- and fourth-largest institutional shareholders, respectively, according to regulatory data compiled by Bloomberg.Fidelity, based in Boston, actually began raising its stake in GE during the second quarter of last year, filings show, and by the end of September 2018 the firm held 187 million shares. That figure jumped to 301.4 million shares in the quarter ended December 2018. By the end of June, that stake had risen to 548.7 million shares.At the end of last September, funds run by Baltimore-based T. Rowe Price held 30.8 million GE shares, according to Form 13Fs filed with the U.S. Securities and Exchange Commission. Their combined stake soared to 235.6 million shares during the ensuing quarter, and by June 30 had reached 365.6 million shares.Culp, 56, is a renowned turnaround expert who won Wall Street’s praise for transforming manufacturer Danaher Corp., where he served as CEO from 2001 until 2014. Danaher’s share price rose an average of 14% annually during Culp’s tenure, compared to just 5.5% for the S&P 500, as he grew the company through $22 billion in acquisitions.As Danaher’s two largest shareholders from 2006 through 2015, T. Rowe and Fidelity benefited from Culp’s leadership of the company; Fidelity at one point held an 18% stake in the company. Culp left Danaher in September 2014 and was named to T. Rowe Price’s board about one year later. He continued as a director at the mutual fund company until he took the top job at GE.(Adds details on Culp’s record at Danaher Corp. in two final paragraphs.)To contact the reporter on this story: Miles Weiss in Washington at mweiss@bloomberg.netTo contact the editors responsible for this story: Alan Mirabella at amirabella@bloomberg.net, Melissa KarshFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
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BancorpSouth on Buyout Spree, Gets FDIC Nod for Acquisitions
Federal Deposit Insurance Corporation gives the green light to BancorpSouth Bank (BXS) for completion of the proposed mergers with Van Alstyne Financial Corporation and Summit Financial Enterprises.
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4 Reasons to Buy Och-Ziff Capital Management (OZM) Stock Now
Och-Ziff Capital Management (OZM) seems to be a solid bet now, driven by strong fundamentals and good growth prospects.
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CIT Group (CIT) Ratings Affirmed by Moody's, Outlook Positive
Moody's affirms CIT Group (CIT) and its subsidiary's ratings. Moreover, the company's outlook remains positive.
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Are You Looking for a High-Growth Dividend Stock? T. Rowe Price (TROW) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does T. Rowe Price (TROW) have what it takes? Let's find out.
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Ameriprise Benefits From Restructuring Efforts Amid Outflows
Focus on core operations, a strong balance sheet and efforts to improve revenues are likely to aid Ameriprise (AMP). Yet, significant asset outflows and mounting expenses remain on the downside.
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Zacks.com featured highlights include: AMETEK, Leidos, T. Rowe Price, TransUnion and OneMain
Zacks.com featured highlights include: AMETEK, Leidos, T. Rowe Price, TransUnion and OneMain
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Qudian (QD) to Report Q2 Earnings: What's in the Cards?
Higher loan origination volume is likely to positively impact Qudian's (QD) second-quarter 2019 results.
- Investopedia
What You Need to Know About the WeWork IPO
WeWork, the office space sharing startup burning cash at a rapid rate, has filed for its highly-anticipated IPO.
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5 Stocks With Attractive Sales Growth Worth Buying Right Now
Solid sales growth is one of the most important characteristics of potential winners in the stock market.
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T. Rowe Price Reports 1% Sequential Increase in July AUM
T. Rowe Price's (TROW) preliminary assets under management of $1.14 trillion for July reflect 1% rise from the prior month.
- Financial Times
Star fund manager Michael Hasenstab lost $1.8bn in a single day
Bond funds run by Michael Hasenstab, one of the fixed income market’s biggest investors, lost nearly $1.8bn in a single day during the stampede out of Argentine assets that followed the drubbing of President Mauricio Macri in the weekend primary elections. Concerns of a return to populist Peronist rule after the presidential election proper in October sent the peso down more than 20 per cent versus the dollar at one point and the yield on Argentina’s shorter-dated bonds surging to distressed levels. The odds of a debt default in the next five years also spiralled to 75 per cent.
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OceanFirst (OCFC) to Acquire Two River Bancorp & Country Bank
OceanFirst (OCFC) signs two merger agreements with Two River Bancorp and Country Bank for $182.8 million and $102.2 million, respectively.
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BlackRock Buys Stake in Authentic Brands: How Should Investors React?
On Sunday, August 11th, BlackRock (BLK) announced that it would be purchasing a roughly 30% stake in privately held Authentic Brands for $875 million, a deal that values the company at over $4 billion. Shares closed down 2.62% in trading Monday.
