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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

T. Rowe Price Group ( TROW) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole was unchanged today. By the end of trading, T. Rowe Price Group fell $1.53 (-1.8%) to $82.28 on heavy volume. Throughout the day, 3,152,141 shares of T. Rowe Price Group exchanged hands as compared to its average daily volume of 1,282,500 shares. The stock ranged in price between $82.03-$83.94 after having opened the day at $83.87 as compared to the previous trading day's close of $83.81. Other companies within the Financial sector that declined today were: Gaming and Leisure Properties ( GLPI), down 20.4%, QIWI PLC ADR ( QIWI), down 13.2%, SLM ( SLM), down 9.8% and Direxion Daily Gold Miners Bear 3X Shares ( DUST), down 9.1%.

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 $21.9 billion and is part of the financial services industry. The company has a P/E ratio of 22.6, above the S&P 500 P/E ratio of 17.7. Shares are up 0.1% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate T. Rowe Price Group a buy, no analysts rate it a sell, and 8 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, increase in stock price during the past year and growth in earnings per share. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, SPDR Russell 1000 ETF ( ONEK), up 13.1%, RCS Capital Corp Class A ( RCAP), up 12.0%, Blackstone Mortgage ( BXMT), up 10.6% and Direxion Daily Gold Miners Bull 3X Shares ( NUGT), up 9.1% , were all gainers within the financial sector with Janus Capital Group ( JNS) being today's featured financial sector leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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