T. Rowe Price Group Slumps to 459th in Trading Volume Ranking with $260 Million Turnover

Generated by AI AgentAinvest Market Brief
Thursday, Apr 10, 2025 8:03 pm ET1min read
TROW--

On April 10, 2025, T. Rowe Price Group (TROW) experienced a significant decline in trading volume, with a total turnover of $260 million, marking a 38.24% decrease from the previous day. This drop placed TROWTROW-- at the 459th position in terms of trading volume among all stocks for the day. The stock price of T. Rowe Price Group also decreased by 4.68%.

T. Rowe Price Group reported preliminary month-end assets under management (AUM) of $1.57 trillion as of March 31, 2025. This figure represents a decrease from the previous month's AUM of $1.63 trillion. The decline in AUM can be attributed to net outflows of $1.8 billion for March 2025 and $8.6 billion for the quarter ending in March 2025. These outflows include approximately $0.7 billion due to manager-driven distributions.

The asset manager's equity holdings decreased to $773 billion as of March 31, 2025, down from $827 billion in February 2025. This decline reflects market fluctuations impacting equity investments. However, the firm remains optimistic about the long-term recovery and performance of their equity investments. In contrast, fixed income assets, including money market assets, increased to $196 billion, up from $192 billion in the prior month. This increase highlights the stability provided by fixed income investments amidst market volatility.

T. Rowe Price Group is scheduled to release its Q1 2025 earnings on May 2, 2025. The earnings call is set to take place from 8:00 to 8:45 AM ET on the same day. Investors and stakeholders can access the detailed earnings report and supplementary materials via the investor relations segment of the T. Rowe Price website. This earnings release will provide further insights into the company's financial performance and strategic initiatives.

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