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Stock impact report

T. Rowe Price (TROW) Reports $1.71T AUM for March as Assets Decline Month over Month [Yahoo! Finance]

T. Rowe Price Group, Inc. (TROW) 
Last t. rowe price group, inc. earnings: 4/28 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: trow.client.shareholder.com
Company Research Source: Yahoo! Finance
T. Rowe Price (TROW) Reports $1.71T AUM for March as Assets Decline Month over Month Photo by Viacheslav Bublyk on Unsplash On April 13, T. Rowe Price Group, Inc. (NASDAQ:TROW) announced that its assets under management at the end of March stood at $1.71 trillion, down from $1.80 trillion at the end of the prior month. Net outflows came in at $3.2 billion for March, compared to $5.3 billion in the previous month. By asset class, Equity accounted for $810 billion in AUM as of March 31. Fixed income, including money market, stood at $215 billion. Multi-asset totaled $625 billion, while Alternatives came in at $60 billion. In another update, on April 10, BMO Capital Markets lowered its price recommendation on TROW to $98 from $104. It reiterated a Market Perform rating on the shares. The firm said its negative EPS revisions across the group mainly reflect broader market headwinds that became more noticeable in March, according to a research note. Similarly, on April 9, TD Cowen Show less Read more
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