T. Rowe Price Group, Inc. is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe. It employs fundamental and quantitative analysis with a bottom-up approach. The firm utilizes in-house and external research to make its investments. It employs socially responsible investing with a focus on environmental, social, and governance issues. It makes investment in late-stage venture capital transactions and usually invests between $3 million and $5 million. The firm was previously known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. T. Rowe Price Group, Inc. was founded in 1937 and is based in Baltimore, Maryland, with additional offices in North America, Europe, Asia, Australia.
Research context
T. Rowe Price Group Inc appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Financial Services
- Industry
- Asset Management
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5 years, 6 months ago
T. Rowe Price Group, Inc is currently in a long term uptrend where the price is trading 24.3% above its 200 day moving average.
From a valuation standpoint, the stock is 28.3% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 6.5.
T. Rowe Price Group, Inc's total revenue rose by 17.9% to $2B since the same quarter in the previous year.
Its net income has increased by 71.2% to $934M since the same quarter in the previous year.
Finally, its free cash flow fell by 531.8% to $-213M since the same quarter in the previous year.
Based on the above factors, T. Rowe Price Group, Inc gets an overall score of 4/5.