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Is T. Rowe Price Group a Buy?

Dave Kovaleski, The Motley Fool
·3-min read
Is T. Rowe Price Group a Buy?

T. Rowe Price Group (NASDAQ: TROW) got a significant boost on May 12 when it reported an increase in assets under management for the month of April. T. Rowe Price has significantly outperformed its peers this year, and the stock is up about 10% over the trailing 12 months. The April update showed that assets flowed back into T. Rowe's equity funds, which had seen $5.7 billion in net outflows in the first quarter while fixed income and money market funds had $3 billion in inflows.

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