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T. Rowe Price Group Inc (TROW.OQ)

TROW.OQ on NASDAQ Stock Exchange Global Select Market

72.63USD
24 Apr 2017
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Latest Key Developments (Source: Significant Developments)

T. Rowe Price to acquire U.S. High Yield Fixed Income Fund and portfolio team from Henderson Global Investors
Monday, 27 Feb 2017 04:05pm EST 

T. Rowe Price Group Inc : T. Rowe Price Group - Deal will be concluded through reorganization of that fund into a newly formed mutual fund, T. Rowe Price U.S. high yield fund . T. Rowe Price to acquire U.S. High Yield Fixed Income Fund and portfolio team from Henderson Global Investors .To acquire Henderson High Yield opportunities fund from Henderson Global Investors (North America) Inc.  Full Article

T. ROWE PRICE GROUP SETS QUARTERLY DIVIDEND OF $0.57 PER SHARE
Thursday, 16 Feb 2017 11:59am EST 

T. Rowe Price Group Inc : SETS QUARTERLY DIVIDEND OF $0.57PER SHARE .T. ROWE PRICE GROUP INC - QUARTERLY DIVIDEND RATE REPRESENTS A 5.6% INCREASE OVER PREVIOUS QUARTERLY DIVIDEND RATE OF $0.54 PER SHARE.  Full Article

T. Rowe Price says goal to achieve 1-3 pct organic growth rate on AUM over next 3-4 years
Thursday, 2 Feb 2017 03:35pm EST 

T. Rowe Price Group Inc :Expressed goal at investor day to achieve organic growth rate on AUM of one to three percent over next three to four years.  Full Article

T. Rowe Price posts Q4 adjusted earnings per share $1.21
Thursday, 26 Jan 2017 07:30am EST 

T. Rowe Price Group Inc : T. Rowe Price Group reports fourth quarter and annual 2016 results . Target-date retirement portfolios were source of net cash outflows of $1.9 billion in Q4, net cash inflows of $6.3 billion for 2016 . Assets under management as of quarter-end were $810.8 billion versus $763.1 billion last year . Firm recognized in its Q4 of 2016 operating expenses an insurance recovery of $100 million before taxes, or $0.24 in diluted after-tax earnings per share . Q4 earnings per share $1.50 including items . Q4 revenue $1.1 billion . Q4 earnings per share view $1.43 -- Thomson Reuters I/B/E/S . Firm expects capital expenditures for 2017 to be up to $175 million, of which about two-thirds is planned for technology initiatives . Investment advisory revenues earned in Q4 of 2016 from T. Rowe Price Mutual Funds distributed in U.S. were $700.7 million . Investment advisory revenues earned in Q4 of 2016 from other investment portfolios were $266.1 million . Currently estimates its effective tax rate for 2017 will be about 36.5 pct . Experienced net cash outflows for Q4 and year, largely as a result of clients reallocating from active U.S. equity strategies to passive products . "Fixed income returns suffered in quarter as interest rates rose following U.S. elections" .Q4 adjusted earnings per share $1.21.  Full Article

T.Rowe Price Group Q4 EPS $1.50 including items
Thursday, 26 Jan 2017 07:00am EST 

T. Rowe Price Group Inc : t. Rowe -firm recognized in its q4 of 2016 operating expenses an insurance recovery of $100 million before taxes, or $.24 in diluted after-tax earnings per share . t. Rowe price group inc says net cash outflows of $1.9 billion in q4 of 2016, and net cash inflows of $6.3 billion for year ended december 31, 2016 . t. Rowe price group reports fourth quarter and annual 2016 results . Q4 earnings per share $1.50 including items . Q4 revenue $1.1 billion . Q4 earnings per share view $1.43 -- Thomson Reuters I/B/E/S . t. Rowe price group inc says firm expects capital expenditures for 2017 to be up to $175 million, of which about two-thirds is planned for technology initiatives . t. Rowe price group inc says investment advisory revenues earned in q4 of 2016 from t. Rowe price mutual funds distributed in u.s. Were $700.7 million . t. Rowe price group inc says investment advisory revenues earned in q4 of 2016 from other investment portfolios were $266.1 million . t. Rowe price group inc says currently estimates its effective tax rate for 2017 will be about 36.5% . Qtrly ending average assets under management $810.8 billion versus $763.1 billion . t. Rowe -experienced net cash outflows for q4 and year, largely as a result of clients reallocating from active u.s. Equity strategies to passive products.  Full Article

T. Rowe Price to not contest plan by Snap Inc
Thursday, 19 Jan 2017 07:10pm EST 

T. Rowe Price Group Inc : T. Rowe Price is not contesting plan by Snap Inc. to issue non-voting shares in its impending initial public offering .Says believe that investment in Snap continues to be in clients' best interest.  Full Article

T. Rowe Price Associates reports 13.6 pct passive stake in Gentherm Inc
Tuesday, 11 Oct 2016 10:18am EDT 

:T. Rowe Price Associates Inc reports a passive stake of 13.6 percent in gentherm inc as of Sept 30 - SEC Filing.  Full Article

T. Rowe Price Associates reports 11.1 pct passive stake in Coty - SEC filing
Tuesday, 11 Oct 2016 09:00am EDT 

Coty Inc :T. Rowe Price Associates, Inc reports an 11.1 percent passive stake in Coty Inc as of Sept 30 - SEC filing.  Full Article

T. Rowe Price Group declares quarterly dividend of $0.54/share
Wednesday, 24 Aug 2016 08:28am EDT 

T. Rowe Price Group Inc:Sets quarterly dividend of $0.54 per share.  Full Article

Valeant says aware of T Rowe Price lawsuit filing, says it has not been served yet
Thursday, 18 Aug 2016 03:50pm EDT 

Valeant: Valeant says aware of T Rowe Price lawsuit filing, says it has not been served yet . "Valeant intends to defend itself and cannot comment further on ongoing litigation" .T. Rowe Price complaint "repeats allegations and claims" as in pending securities putative class action brought against Valeant by TIAA-CREF.  Full Article

More From Around the Web

BRIEF-T. Rowe Price CEO William Stromberg's FY 2016 compensation $9.1 mln vs $8.45 mln

* Ceo william stromberg's fy 2016 total compensation $9.1 million versus $8.45 million in fy 2015 - sec filing