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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

T. Rowe Price Group ( TROW) pushed the Financial Services industry higher today making it today's featured financial services winner. The industry as a whole closed the day up 0.3%. By the end of trading, T. Rowe Price Group rose $1.31 (1.8%) to $74.86 on average volume. Throughout the day, 1,268,155 shares of T. Rowe Price Group exchanged hands as compared to its average daily volume of 1,360,400 shares. The stock ranged in a price between $73.24-$74.90 after having opened the day at $73.63 as compared to the previous trading day's close of $73.55. Other companies within the Financial Services industry that increased today were: GAIN Capital Holdings ( GCAP), up 5.9%, Financial Engines ( FNGN), up 5.0%, Consumer Portfolio Services ( CPSS), up 4.0% and North European Oil Royalty ( NRT), up 4.0%.
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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 $19.0 billion and is part of the financial sector. The company has a P/E ratio of 20.8, above the S&P 500 P/E ratio of 17.7. Shares are up 12.5% year to date as of the close of trading on Tuesday. Currently there are 10 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, notable return on equity, expanding profit margins, good cash flow from operations and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, Investors Capital Holdings ( ICH), down 9.8%, Calamos Asset Management ( CLMS), down 7.3%, Millennium India Acquisition Corporation ( SMCG), down 4.1% and WisdomTree Investments ( WETF), down 4.1%.

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

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