Initiating Research Reports on Asset Management Equities -- T.Rowe Price, Ameriprise Financial, Lazard, and Northern Trust
NEW YORK, June 9, 2017 /PRNewswire/ --
DailyStockTracker.com is currently reviewing T.Rowe Price Group Inc. (NASDAQ: TROW), Ameriprise Financial Inc. (MYSE: AMP), Lazard Ltd (NYSE: LAZ), and Northern Trust Corp. (NASDAQ: NTRS). These are companies belong to the Asset Management space, which manage the financial assets of corporate, institutional, and individual clients. This morning's free research reports on the aforesaid equities are available upon registration on DailyStockTracker.com at: http://dailystocktracker.com/register/
T.Rowe Price
Baltimore, Maryland-based T.Rowe Price Group Inc.'s stock finished Thursday's session 0.08% higher at $71.96 with a total trading volume of 1.48 million shares. The Company's shares have advanced 0.62% in the past month and 1.75% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 2.00% and 2.21%, respectively. Furthermore, shares of T.Rowe Price, which provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions, have a Relative Strength Index (RSI) of 56.01.
On May 24th, 2017, research firm UBS downgraded the Company's stock rating from 'Buy' to 'Sell', with a target price of $61 per share.
On May 30th, 2017, T.Rowe Price announced the launch of the T.Rowe Price US High Yield Fund. The fund, which focuses on total return through investments in US high-yield bonds, is the result of the Firm's acquisition of the Henderson High Yield Opportunities Fund from Henderson Global Investors (North America) Inc., which was originally announced in late February 2017. Visit us today and access our complete research report on TROW at: http://dailystocktracker.com/registration/?symbol=TROW
Ameriprise Financial
Shares in Minneapolis, Minnesota headquartered Ameriprise Financial Inc. ended at $123.26, up 1.07% from the last trading session. The stock recorded a trading volume of 764,956 shares. The Company's shares have gained 11.11% on an YTD basis. The stock is trading 7.00% above its 200-day moving average. Moreover, shares of Ameriprise Financial, which through its subsidiaries, provides various financial products and services to individual and institutional clients in the US and internationally, have an RSI of 46.14.
On June 05th, 2017, Ameriprise Financial announced that Jim Cracchiolo, Chairman and Chief Executive Officer, is scheduled to speak about the Company's business and strategy at the Morgan Stanley Financials Conference on June 14th, 2017, at approximately 2:30 p.m. ET in New York City. A live, audio webcast of the presentation will be available under the investor relations section of the Company's website. The complimentary report on AMP can be downloaded at: http://dailystocktracker.com/registration/?symbol=AMP
Lazard
Hamilton, Bermuda-based Lazard Ltd's stock ended yesterday's session 0.07% lower at $44.87 with a total trading volume of 761,204 shares. The Company's shares have advanced 2.68% in the past month, 3.46% over the previous three months, and 12.29% on an YTD basis. The stock is trading 0.50% and 10.71% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Lazard, which together with its subsidiaries, operates as a financial advisory and asset management firm worldwide, have an RSI of 51.97.
On May 15th, 2017, Lazard released an in-depth study of strategic challenges and opportunities in the global healthcare industry, surveying C-level executives and investors in the US and Europe across three sectors: Pharmaceuticals and Biotech; Medical Devices/Technology and Diagnostics; and Healthcare Services. The Global Healthcare Leaders Study revealed surprisingly strong sentiment that the industry is being transformed by the development of value-based care business models, which would displace traditional fee-for-service pricing. Register for free on DailyStockTracker.com and access the latest research report on LAZ at: http://dailystocktracker.com/registration/?symbol=LAZ
Northern Trust
On Thursday, shares in Chicago, Illinois-based Northern Trust Corp. recorded a trading volume of 1.14 million shares, which was above their three months average volume of 1.07 million shares. The stock finished 1.00% higher at $90.09. The Company's shares have advanced 0.77% in the previous three months and 1.17% since the start of this year. The stock is trading above its 50-day and 200-day moving average by 2.14% and 9.45%, respectively. Furthermore, shares of Northern Trust, which provides asset servicing, fund administration, asset management, fiduciary, and banking solutions for corporations, institutions, families, and individuals worldwide, have an RSI of 58.12.
On May 26th, 2017, research firm Bank of America/ Merrill resumed its 'Buy' rating on the Company's stock.
On June 06th, 2017, Northern Trust announced that its President Michael G. O'Grady and Executive Vice President and CFO, S. Biff Bowman, will speak at the Morgan Stanley Financials Conference on June 13th, 2017, at 3:40 p.m. EDT at the InterContinental New York Barclay. The, live audio webcast of the presentation can be accessed via the Company's website. Get free access to your research report on NTRS at: http://dailystocktracker.com/registration/?symbol=NTRS
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