TROW Intrinsic Value Calculator – Daiwa Securities Group Invests $1.93 Million in T. Rowe Price Group,

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The company also offers retirement, education savings, and other services for clients. Despite the challenges of the ongoing pandemic, Daiwa Securities’ stock position in T. Rowe Price ($NASDAQ:TROW) Group has grown enormously over the past year. This new investment is further evidence of Daiwa Securities’ long-term commitment to the company and its financial products. As Daiwa Securities Group continues to diversify its portfolio and expand its investments abroad, it is clear that T. Rowe Price Group, Inc. will remain a key part of its strategy for growth.

Market Price

On Thursday, Daiwa Securities Group Inc. made a $1.93 million investment in T. ROWE PRICE Group, Inc. As a result, T. ROWE PRICE stock opened at $119.0 and closed at $117.1, down by 1.4% from the previous closing price of 118.8. This indicates that the market is not particularly bullish on the stock, despite the investment. However, it’s important to note that this could be a short-term reaction and the stock may bounce back in coming days. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for TROW. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for TROW. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for TROW. More…

Key Ratios Snapshot

Some of the financial key ratios for TROW are shown below. More…

Analysis – TROW Intrinsic Value Calculator

GoodWhale’s financial analysis of T. ROWE PRICE reveals that its intrinsic value is around $154.0. This calculation is based on GoodWhale’s proprietary Valuation Line, which takes into account various financial metrics such as revenue growth and profitability. Currently, the stock is trading at $117.1, indicating that it is undervalued by 24.0%. More…

Peers

The firm provides its services to individuals, institutions, retirement plans, trusts, and partnerships. It launches and manages equity, fixed income, balanced, and commodity mutual funds. The company was founded in 1937 and is headquartered in Baltimore, Maryland. As of December 31, 2017, T. Rowe Price Group Inc had $934.2 billion in assets under management (AUM). Federated Hermes Inc, Franklin Resources Inc, and ABC arbitrage SA are all competitors of T. Rowe Price Group Inc. Federated Hermes Inc is a global investment manager that offers a range of investment products, including equities, fixed income, and alternatives. As of December 31, 2017, Federated Hermes Inc had $590.6 billion in AUM. Franklin Resources Inc is a global investment management company that provides investment management and related services to institutional and individual investors. As of June 30, 2018, Franklin Resources Inc had $737.2 billion in AUM. ABC arbitrage SA is a French asset management company that specializes in convertible bonds and global equity markets arbitrage. As of December 31, 2017, ABC arbitrage SA had €5.4 billion in assets under management.

– Federated Hermes Inc ($NYSE:FHI)

Federated Hermes Inc. is a publicly traded company with a market capitalization of $2.86 billion as of 2022. The company has a return on equity of 22.41%. Federated Hermes Inc. is a financial services company that provides asset management and related services to individuals, families, institutions, and businesses. The company offers a broad range of investment strategies and products, including equity, fixed income, and alternative investments.

– Franklin Resources Inc ($NYSE:BEN)

Franklin Resources Inc is a publicly owned asset management holding company based in San Mateo, California. The company, through its subsidiaries, manages mutual funds and other investment portfolios. It also provides investment management and advisory services to institutional clients. As of December 31, 2020, Franklin Resources Inc had $744.2 billion in assets under management.

The company’s market cap is 11.69B as of 2022. The company has a return on equity of 12.45%. The company’s primary business is managing mutual funds and other investment portfolios. The company also provides investment management and advisory services to institutional clients.

– ABC arbitrage SA ($LTS:0OPJ)

ABC arbitrage SA is a French holding company that engages in the provision of financial services. The company operates through the following segments: Asset Management, Corporate Finance, and Market Making. The Asset Management segment offers investment products and services to individuals, professionals, and institutional clients. The Corporate Finance segment provides financing and advisory services to companies. The Market Making segment deals with market making activities in listed securities. ABC arbitrage SA was founded in 1991 and is headquartered in Paris, France.

Summary

T. Rowe Price Group, Inc. is a global asset management firm that provides investment services to individuals, financial advisors, institutions and retirement plans. According to its latest filing, Daiwa Securities Group Inc. has taken a $1.93 million stock position in the company. T. Rowe Price’s asset management team consists of experienced professionals who strive to provide superior risk-adjusted returns to their investors. Its various strategies include equity, fixed income, balanced, and alternative investments. The firm focuses on delivering innovative products and services, and rigorous research and analysis, to provide customers with solutions that meet their different investment needs.

Additionally, T. Rowe Price offers portfolio customization features such as risk profiling tools and educational resources to help investors make the most informed decisions.