TROW - T. Rowe Price Group, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
109.41
-0.84 (-0.76%)
At close: 4:00PM EDT
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Previous Close110.25
Open110.41
Bid109.42 x 800
Ask109.40 x 900
Day's Range108.49 - 110.44
52 Week Range84.59 - 120.99
Volume1,244,537
Avg. Volume1,085,500
Market Cap25.773B
Beta (3Y Monthly)1.06
PE Ratio (TTM)13.77
EPS (TTM)7.95
Earnings DateOct 24, 2019
Forward Dividend & Yield3.04 (2.74%)
Ex-Dividend Date2019-09-12
1y Target Est116.71
Trade prices are not sourced from all markets
  • Henry Ellenbogen's new fund getting $200M investment from University of Michigan
    American City Business Journals

    Henry Ellenbogen's new fund getting $200M investment from University of Michigan

    The University of Michigan Board of Regents approved an initial commitment of up to $200 million into Henry Ellenbogen's new fund, making the institution one of the first publicly known investors. Michigan's board of regents approved the commitment to the fund managed by Durable Capital Partners at their meeting on Thursday. Ellenbogen and several of his former colleagues at T. Rowe Price Group Inc. founded the Chevy Chase-based public equity firm over the summer.

  • T. Rowe Price (TROW) Expected to Beat Earnings Estimates: Should You Buy?
    Zacks

    T. Rowe Price (TROW) Expected to Beat Earnings Estimates: Should You Buy?

    T. Rowe (TROW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Will Low Rates, Muted Lending Hurt BB&T's (BBT) Q3 Earnings?
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    Will Low Rates, Muted Lending Hurt BB&T's (BBT) Q3 Earnings?

    Decline in interest rates along with soft loan growth are likely to have negatively impacted BB&T's (BBT) interest income in the third quarter of 2019.

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    Muted Lending, Low Rates to Hurt SunTrust's (STI) Q3 Earnings

    Decline in interest rates along with muted loan growth are likely to have hurt SunTrust's (STI) interest income growth in the third quarter of 2019.

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    While lower rates are likely to have hurt BNY Mellon's (BK) net interest revenues in the third quarter of 2019, asset growth is likely to have positively impacted investment management and performance fees.

  • Is a Beat in Store for Ally Financial (ALLY) in Q3 Earnings?
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    Is a Beat in Store for Ally Financial (ALLY) in Q3 Earnings?

    Owing to a decline in used-vehicle prices, Ally Financial's (ALLY) lease revenues are expected to have been adversely impacted in the third quarter of 2019.

  • Hedge Funds Have Never Been More Bullish On T. Rowe Price Group, Inc. (TROW)
    Insider Monkey

    Hedge Funds Have Never Been More Bullish On T. Rowe Price Group, Inc. (TROW)

    We can judge whether T. Rowe Price Group, Inc. (NASDAQ:TROW) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There's no better way to get these firms' immense resources and analytical capabilities working for us than to follow their lead into […]

  • Why the Earnings Surprise Streak Could Continue for T. Rowe (TROW)
    Zacks

    Why the Earnings Surprise Streak Could Continue for T. Rowe (TROW)

    T. Rowe (TROW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

  • PR Newswire

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

    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 ...

  • Franklin Resources' September AUM Jumps on Net Market Gains
    Zacks

    Franklin Resources' September AUM Jumps on Net Market Gains

    Given the rise in Franklin Resources' (BEN) assets under management, revenues are expected to increase in the quarters ahead.

  • Exclusive: T. Rowe Price's former star stockpicker launches D.C.-area firm
    American City Business Journals

    Exclusive: T. Rowe Price's former star stockpicker launches D.C.-area firm

    Durable Capital Partners has at least six former T. Rowe Price employees and is operating out of leased space in Chevy Chase.

  • This is Why T. Rowe Price (TROW) is a Great Dividend Stock
    Zacks

    This is Why T. Rowe Price (TROW) is a Great Dividend Stock

    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.

  • Financial Times

    Non-transparent ETFs lure asset managers

    When asset manager American Century Investments rec­eived the government’s blessing to register a new kind of ETF this summer, other companies started queueing up to use the same design. The products will differ in one significant way from other ETFs — Precidian’s ActiveShares design allows them to avoid disclosing their complete portfolio holdings daily. “The overall structure itself allows us to bring forth products that we normally couldn’t,” says Ed Rosenberg, head of exchanged traded funds at American Century.

  • Fidelity, T. Rowe Funds Acquire Stakes in StepStone
    Bloomberg

    Fidelity, T. Rowe Funds Acquire Stakes in StepStone

    (Bloomberg) -- Funds managed by Fidelity Investments and T. Rowe Price Group Inc. are backing investment advisory firm StepStone Group ahead of a potential initial public offering as soon as 2020, according to people with knowledge of the matter.Fidelity and T. Rowe vehicles and a U.S. family office collectively bought a 14.4% stake in the company, with the Fidelity funds snapping up about 8%, said one of the people, who asked not to be identified because the matter is private. StepStone raised $115 million from 12 investors, according to an Aug. 28 filing.StepStone spokesman Owen Blicksilver and Fidelity spokesman Charlie Keller declined to comment. A representative from T. Rowe didn’t immediately respond to a request for comment.Bloomberg reported in August that funds managed by Fidelity were in talks to buy a minority stake in StepStone, which oversees more than $260 billion in asset allocations on behalf of clients including pension funds and sovereign wealth funds, and has more than $52 billion in assets under management, according to its website.Many asset managers have bolstered their roster of institutional investors before an IPO. In 2003, Hamilton Lane Inc. -- a rival to StepStone -- sold an ownership position to Cascade Investment, the personal investment arm of Bill Gates. Hamilton Lane repurchased that stake in 2015 and went public two years later. Its stock has more than tripled from its $16 debut.StepStone, which is based in New York, specializes in private markets. It tailors portfolios for clients and often combines fund commitments with co-investments, in which pensions and sovereign wealth funds directly invest in deals alongside the funds they back, enabling them to reduce overall fees.\--With assistance from Annie Massa.To contact the reporters on this story: Gillian Tan in New York at gtan129@bloomberg.net;Miles Weiss in Washington at mweiss@bloomberg.netTo contact the editors responsible for this story: Alan Goldstein at agoldstein5@bloomberg.net, Josh Friedman, Alan MirabellaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • TheStreet.com

    [video]Investment Adviser StepStone Said to Get Backing From Fidelity, T. Rowe Price

    The two investment firms and an office that invests on behalf of a family or families took a total of 14.4% of StepStone, Bloomberg reports.

  • 6 Undervalued Stocks Boosting Book Value
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    6 Undervalued Stocks Boosting Book Value

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  • PR Newswire

    T. Rowe Price Announces Multi-Phase Leadership Transition In Target Date Franchise

    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.

  • T. Rowe Price Reports 1.8% Sequential Decline in August AUM
    Zacks

    T. Rowe Price Reports 1.8% Sequential Decline in August AUM

    T. Rowe Price's (TROW) preliminary assets under management (AUM) of $1.12 trillion for August 2019 reflect 1.8% decrease from the prior month.

  • The Zacks Analyst Blog Highlights: Amgen, Cisco, Berkshire Hathaway, T. Rowe Price and McKesson
    Zacks

    The Zacks Analyst Blog Highlights: Amgen, Cisco, Berkshire Hathaway, T. Rowe Price and McKesson

    The Zacks Analyst Blog Highlights: Amgen, Cisco, Berkshire Hathaway, T. Rowe Price and McKesson

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