TROW Surges to 198th Most Traded Stock with $423 Million Turnover

Generated by AI AgentAinvest Market Brief
Thursday, Apr 17, 2025 7:35 pm ET1min read
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On April 17, 2025, T. Rowe Price Group, Inc. (TROW) saw a significant surge in trading volume, with a turnover of $423 million, marking a 144.18% increase from the previous day. This substantial rise in trading activity positioned TROWTROW-- as the 198th most traded stock on the day, reflecting heightened investor interest and market activity.

T. Rowe Price Group, Inc. (TROW) has recently faced a downgrade in its stock rating. StockNews.com revised its rating from "buy" to "hold" on February 2nd, indicating a shift in market sentiment towards the company. This change in rating suggests a more cautious outlook on the stock's potential for growth.

Barclays has maintained a "sell" rating on T. Rowe Price Group, Inc. (TROW), with a price target of $85.00. This rating reflects the firm's concerns about the company's financial performance and market position. Additionally, BarclaysBCS-- has lowered its price target for TROW from $105 to $85, further emphasizing its bearish stance on the stock.

T. Rowe Price Group, Inc. (TROW) is set to report its earnings for the fiscal quarter ending March 2025 on May 2, 2025. This upcoming earnings report is anticipated to provide valuable insights into the company's financial health and operational performance, which could influence investor sentiment and stock price movements.

T. Rowe Price Group, Inc. (TROW) has reported preliminary month-end assets under management of $1.57 trillion as of March 31, 2025. This figure highlights the company's substantial asset base and its role as a major player in the investment management industry. However, the company is also experiencing significant fee compression, with a higher-than-average rate of 2% in 2024. This fee compression is due to a shift in sales towards lower-fee products, which could impact the company's revenue and profitability.

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