Notable News to Watch: T. Rowe Price Group (NASDAQ:TROW)

T. Rowe Price Group (NASDAQ:TROW)spotted trading -2.83% off 52-week high price. On the other end, the stock has been noted 38.99% away from the low price over the last 52-weeks. The stock changed -0.16% to recent value of $117.57. The stock transacted 676125 shares during most recent day however it has an average volume of 1089.36K shares. The company has 233.68M of outstanding shares and 229.02M shares were floated in the market.  

 On Oct. 30, 2019, T. Rowe Price Group (NASDAQ:TROW) released that its Board of Directors has declared a quarterly dividend of $0.76 per share payable December 30, 2019 to stockholders of record as of the close of business on December 16, 2019.

ABOUT T. ROWE PRICE

Founded in 1937, Baltimore-based T. Rowe Price Group (troweprice.com), is a global investment management organization with $1.126 trillion in assets under management as of September 30, 2019. The organization provides a broad array of mutual funds, subadvisory services, and separate account management for individual and institutional investors, retirement plans, and financial intermediaries. The company also offers sophisticated investment planning and guidance tools. T. Rowe Price’s disciplined, risk-aware investment approach focuses on diversification, style consistency, and fundamental research.

 Its earnings per share (EPS) expected to touch remained 17.90% for this year while earning per share for the next 5-years is expected to reach at 7.04%. TROW has an operating margin of 43.30% while its profit margin remained 34.80% for the last 12 months. 

  The price moved ahead of 6.08% from the mean of 20 days, 4.78% from mean of 50 days SMA and performed 11.24% from mean of 200days price. Company’s performance for the week was 8.48%, 5.53% for month and YTD performance remained 27.35%.

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