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T. Rowe Price Group (TROW): Today's Featured Financial Loser

T. Rowe Price Group ( TROW) pushed the Financial sector lower today making it today's featured Financial loser. The sector as a whole closed the day down 0.4%. By the end of trading, T. Rowe Price Group fell 94 cents (-1.5%) to $61.85 on light volume. Throughout the day, 912,477 shares of T. Rowe Price Group exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in price between $61.67-$62.53 after having opened the day at $62.33 as compared to the previous trading day's close of $62.79. Other company's within the Financial sector that declined today were: Rodman & Renshaw Capital Group ( RODM), down 16.2%, Direct Markets Holdings ( MKTS), down 16.2%, Palmetto ( PLMT), down 15%, and Broadway Financial ( BYFC), down 14.3%.

T. Rowe Price Group, Inc. is a publicly owned asset management holding company. The firm primarily provides its services to individual and institutional investors, retirement plans, and financial intermediaries. T. Rowe Price Group has a market cap of $15.4 billion and is part of the financial services industry. The company has a P/E ratio of 20.5, equal to the average financial services industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 6% year to date as of the close of trading on Friday. Currently there are eight analysts that rate T. Rowe Price Group a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates T. Rowe Price Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, HMG/Courtland Properties ( HMG), up 13.7%, United Security ( USBI), up 9.4%, Federal Agricultural Mortgage ( AGM.A), up 8.8%, and Penson Worldwide ( PNSN), up 8.3%, were all gainers within the financial sector with Health Care REIT ( HCN) being today's featured financial sector winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).

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