Assets up despite market slide

Article Excerpt

T. ROWE PRICE GROUP INC. $88 (Nasdaq symbol TROW; Aggressive Growth and Income Portfolios, Finance sector; Shares outstanding: 240.7 million; Market cap: $21.2 billion; Price-to-sales ratio: 4.0; Dividend yield: 3.0%; TSINetwork Rating: Average; www.troweprice.com) sells mutual funds and wealth management services. Fee income for T. Rowe Price rises with the value of the mutual funds and other securities it manages. As of November 30, 2018, it had $1.03 trillion in assets under management. Despite the recent stock market downturn, that’s up 1.9% from $1.01 trillion on October 31, 2018. T. Rowe Price is a buy. buy…

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