) pushed the Financial Services industry lower today making it today's featured Financial Services laggard. The industry as a whole closed the day up 0.4%. By the end of trading, T. Rowe Price Group fell $1.71 (-2.8%) to $58.97 on average volume. Throughout the day, 2.2 million shares of T. Rowe Price Group exchanged hands as compared to its average daily volume of 1.7 million shares. The stock ranged in price between $58.84-$59.74 after having opened the day at $59.05 as compared to the previous trading day's close of $60.68. Other company's within the Financial Services industry that declined today were:
), down 4.5%,
), down 4.2%,
), down 3.6%, and
), down 3.4%.
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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 $15.68 billion and is part of the
sector. The company has a P/E ratio of 20.7, below the average financial services industry P/E ratio of 20.9 and above the S&P 500 P/E ratio of 17.7. Shares are up 7.3% year to date as of the close of trading on Tuesday. 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
. 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.
- You can view the full T. Rowe Price Group Ratings Report.
On the positive front,
), up 8.8%,
), up 7.5%,
), up 6.1%, and
), up 5.7%, were all gainers within the financial services industry with
) being today's featured financial services industry leader.
- Use our financial services section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial services industry could consider
) while those bearish on the financial services industry could consider
- Find other investment ideas from our top rated ETFs lists.