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T. Rowe Price Group Inc (TROW.OQ)

TROW.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

T. Rowe Price names Céline Dufétel next CFO
8:30am EDT 

Aug 22 (Reuters) - T. Rowe Price Group Inc :T. Rowe Price names Céline Dufétel vice president and next chief financial officer.T. Rowe Price - ‍Dufetel will succeed Ken Moreland, who will continue as CFO until no later than filing of form 10-k for 2017 fiscal year in Feb 2018​.  Full Article

T. Rowe Price reports Q2 earnings per share $1.50 including items
Tuesday, 25 Jul 2017 07:31am EDT 

July 25 (Reuters) - T. Rowe Price Group Inc ::T. Rowe Price Group reports second quarter 2017 results.Q2 earnings per share $1.50 including items.Q2 revenue $1.2 billion.Q2 earnings per share view $1.30 -- Thomson Reuters I/B/E/S.Says assets under management increased $42.0 billion in Q2 of 2017 to $903.6 billion at June 30, 2017.Says expects capital expenditures for 2017 to be up to $200 million.Quarter-end total assets under management $903.6 billion versus $861.6 billion as of March 31, 2017.  Full Article

T. Rowe Price group Q2 reports Q2 earnings per share $1.50 including items
Tuesday, 25 Jul 2017 07:31am EDT 

July 25 (Reuters) - T. Rowe Price Group Inc ::T. Rowe Price Group reports second quarter 2017 results.Q2 earnings per share $1.50 including items.Q2 revenue $1.2 billion.Q2 earnings per share view $1.30 -- Thomson Reuters I/B/E/S.Says assets under management increased $42.0 billion in q2 of 2017 to $903.6 billion at June 30, 2017.T. Rowe Price Group Inc -expects capital expenditures for 2017 to be up to $200 million.quarter-End total assets under management $861.6 billion versus $810.8 billion last quarter end.  Full Article

T. Rowe Price Group sets quarterly dividend of $0.57per share
Wednesday, 26 Apr 2017 02:29pm EDT 

April 26 (Reuters) - T. Rowe Price Group Inc :Sets quarterly dividend of $0.57per share.  Full Article

T. Rowe Price Group posts Q1 adj. earnings $1.18/shr
Tuesday, 25 Apr 2017 07:30am EDT 

April 25 (Reuters) - T. Rowe Price Group Inc :T. Rowe Price Group reports first quarter 2017 results.Q1 earnings per share $1.54 including items.Q1 revenue $1.1 billion.Q1 earnings per share view $1.15 -- Thomson Reuters I/B/E/S.T. Rowe Price Group Inc - assets under management increased $50.8 billion in Q1 of 2017 to $861.6 billion at March 31, 2017.T. Rowe Price Group Inc - assets under management increased $50.8 billion in Q1 of 2017 to $861.6 billion at March 31, 2017.T. Rowe Price - investment advisory revenues,Q1 2017 from T. Rowe Price mutual funds distributed in U.S. $715.8 million, up 13.2 pct, from comparable 2016 quarter.T. Rowe Price Group Inc - average U.S. Mutual fund assets under management in Q1 of 2017 increased 15.2 pct from average in Q1 of 2016 to $536.5 billion.Qtrly adjusted earnings per share $ 1.18.  Full Article

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

BRIEF-T. Rowe Price names Céline Dufétel next CFO

* T. Rowe Price names Céline Dufétel vice president and next chief financial officer