T. Rowe Price Group Inc. (TROW)

107.37
NASDAQ : Finance
Prev Close 105.46
Day Low/High 106.01 / 107.81
52 Wk Low/High 84.59 / 117.68
Avg Volume 1.08M
Exchange NASDAQ
Shares Outstanding 235.56M
Market Cap 24.84B
EPS 7.40
P/E Ratio 13.27
Div & Yield 3.04 (2.77%)

Asset Managers Experience Some Selling

With the exception of Och-Ziff, the sector is down on profit-taking. Och-Ziff Capital Management (OZM) trades through $10! The asset managers are down across the board, with the exception of Och-Ziff, on profit-taking. T. Rowe Price (TROW) eat by ab...

Two to Tango

A pair of important developments will have a positive intermediate-term impact on risk assets. 

Two to Tango

A pair of important developments will have a positive intermediate-term impact on the markets and on risk assets. While I continue to expect some short-term market weakness, two important developments occurred over the past few days that will have a...

T. Row Price rated new Neutral at UBS

From the Street of Dreams

Citigroup cuts its rating on Franklin Resources. On Jan. 6, I posted that concerned with the firm's exposure to poor-performing EU fixed-income markets, I sold my long Franklin Resources (BEN) position and moved the money into T. Rowe Price (TROW), ...

Favorite Long and Short Sectors

Let's pull back a level. Favorite long sector: Asset managers/discount brokers that benefit from a rotation out of bonds and into stocks, including T. Rowe Price (TROW), Legg Mason (LM), Waddell & Reed (WDR), Och-Ziff (OZM), Charles Schwab (SCHW) an...

Gave BEN the Boot

But I have raised my positions in Legg Mason, T. Rowe Price, Och-Ziff Capital Management and Waddell & Reed to make up the difference. Housekeeping item: I have eliminated my long Franklin Resources (BEN) position and have raised Legg Mason (LM), T....

Better Than BEN

T. Rowe and Och-Ziff aren't as exposed to sovereign debt in Europe. I am emphasizing T. Rowe Price (TROW) and Och-Ziff Capital Management (OZM) over Franklin Resources (BEN) in the asset manager space now, as I am increasingly concerned about Frankl...

Portfolio Moves

I added to 13 longs and only one short. I added to the following longs today: Financial Select Sector SPDR (XLF), XL Group (XL), T. Rowe Price (TROW), SunTrust (STI), Prudential (PRU), Och-Ziff Capital Management (OZM), MetLife (MET), Lincoln Nation...

Favorite Sector Long and Short

My favorite sector to buy is the asset managers, and my favorite sector to short is the dental stocks. Favorite sector (long): asset managers. Favorite sector (short): dental stocks.

Most Bullish on Asset Managers

I am long Franklin Resources, Waddell & Reed, Legg Mason and T. Rowe Price.  Surprise No. 11: Mutual fund inflows return in force. With confidence renewed, domestic equity inflows begin to pour into equity mutual funds by midyear and approach a $100...

Getting My Wish

Sometimes they come true. This sort of low-volume selloff is exactly what I hoped for as I continue to increase my net long exposure. My buying today has been broad based - including SPDR S&P 500 ETF Trust (SPY) PowerShares QQQ (QQQ)  Financial Sele...

Buying the Dip

I have added to a basket of longs. I am treating today's swoosh lower as an opportunity to add to my net long exposure. Thus far I have added small to Financial Select Sector SPDR (XLF), Waddell & Reed (WDR), T. Rowe Price (TROW), SunTrust (STI), Me...

Added to Asset Manager Longs

See surprise No. 11 to find out why. In this morning's "15 Surprises for 2012," I add a new feature following each surprise in which I express a way that an investor/trader can capitalize upon the surprise. Toward that end, see surprise No. 11 to fi...

15 Surprises for 2012

What surprises might occur in 2012 -- and how can we profit?

15 Surprises for 2012

What surprises might occur in 2012 -- and how can we profit? "Never make predictions, especially about the future." -- Casey Stengel While I had a reasonably successful surprise list for 2011, with about half my surprises coming to fruition, the rea...

15 Surprises for 2012

15 Surprises for 2012

What surprises might occur in 2012 -- and how can we profit?

How to Play the Asset Rotation

Be short bonds, and be long asset managers. The grand rotation out of bonds and into stocks might have commenced. How to play it? Be short bonds (and long ProShares UltraShort 20+ Year Treasury (TBT)), and be long the asset managers (Franklin Resour...

Still Betting on Asset Managers

My favorites are Franklin Resources, Legg Mason and T. Rowe Price. I continue to pick at the asset managers, with my favorite stocks being Franklin Resources (BEN), Legg Mason (LM) and T. Rowe Price (TROW). As I have previously written, I expect a l...

T. Rowe Price downgraded at Stifel

From the Street of Dreams

T. Rowe Price receives an upgrade from Ticonderoga. Ticonderoga Securities (home of Uncle Vinnie Farrell) upgrades T. Rowe Price (TROW) from Neutral to Buy with a price target of $57.

T. Rowe Price upgraded at Ticonderoga

Doug's Daily Diary -- Friday, 11/11/2011

Doug's Daily Diary -- Friday, 11/11/2011

Ludicrous Forecast

Doug's Daily Diary -- Thursday, 11/10/2011

Doug's Daily Diary -- Thursday, 11/10/2011

E*Trade Says It Won't Sell

Doug's Daily Diary -- Wednesday, 11/9/2011

Doug's Daily Diary -- Wednesday, 11/9/2011

Liking Cisco's Beat

Doug's Daily Diary -- Monday, 11/7/2011

Doug's Daily Diary -- Monday, 11/7/2011

Bulls Hold the Line

Doug's Daily Diary -- Tuesday, 10/25/2011

Doug's Daily Diary -- Tuesday, 10/25/2011

Covering QQQ

Doug's Daily Diary -- Tuesday, 10/18/2011

Doug's Daily Diary -- Tuesday, 10/18/2011

Moody's Downgrades Spain