BEN - Franklin Resources, Inc.
| Previous Close | 33.18 |
| Open | 32.79 |
| Bid | 31.02 x 800 |
| Ask | 34.44 x 2200 |
| Day's Range | 31.73 - 32.95 |
| 52 Week Range | 27.34 - 38.46 |
| Volume | 2,817,442 |
| Avg. Volume | 2,991,429 |
| Market Cap | 16.355B |
| Beta (3Y Monthly) | 1.00 |
| PE Ratio (TTM) | 10.55 |
| EPS (TTM) | 3.04 |
| Earnings Date | Apr 24, 2019 - Apr 29, 2019 |
| Forward Dividend & Yield | 1.04 (3.13%) |
| Ex-Dividend Date | 2019-03-28 |
| 1y Target Est | 28.58 |
- GlobeNewswire•5 days ago
Franklin Universal Trust Declares Monthly Distribution
SAN MATEO, Calif., March 18, 2019 -- Franklin Universal Trust , a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of.
- GlobeNewswire•6 days ago
Franklin Resources, Inc. Appoints Matthew Nicholls as Chief Financial Officer; 30-Year Veteran Ken Lewis to Retire from the Company
Franklin Resources, Inc. (the “Company”) [NYSE:BEN] today announced the appointment of Matthew Nicholls as executive vice president and chief financial officer, effective May 6, 2019. The Company’s Board of Directors approved the appointment unanimously. Nicholls will report to Greg Johnson, chairman and CEO of Franklin Resources, Inc., and join Franklin Templeton’s Executive Committee, a small group of the Company’s top leaders responsible for shaping overall strategy. He will be based at global headquarters in San Mateo, California, and manage a global team of finance professionals.
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- InvestorPlace•10 days ago
3 Big Stock Charts for Thursday: Viacom, Franklin Resources and Edison International
Another day, another win for the market. The S&P 500 gained another 0.69% yesterday, stopping short of reclaiming the multi-week high it brushed early this month.General Electric (NYSE:GE) set the pace, gaining 2.7% in front of today's investor presentation and despite the fact that it's a supplier to the now-grounded Boeing 737 jets. Even so, Boeing (NYSE:BA) managed to make a small gain on Wednesday, following a couple days' worth of serious, related damage.At the other end of the spectrum, Roku (NASDAQ:ROKU) tumbled 14.1% after Loop Capital downgraded the TV-tech company on concerns that it was overvalued relative to its potential.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHeaded into Thursday's action, the stock charts of Franklin Resources (NYSE:BEN), Edison International (NYSE:EIX) and Viacom (NASDAQ:VIAB) are worth a closer look. They've each worked their way into a technical situation that could fuel major movement in the very near future. Viacom (VIAB)The bulls have been doing their best to get Viacom shares back into a bullish groove since January, but it has just not happened. * 15 Stocks Sitting on Huge Piles of Cash As of Wednesday, however, the bears are actually gaining ground at the bulls' expense. A tough session has dragged VIAB to the brink of a pretty serious collapse, against a backdrop of multiple red flags. Click to Enlarge • Two big red flags are December's cross of the 50-day moving average line below the white 200-day line and this month's cross of the gray 100-day moving average below the 200-day average.• The line in the sand is $28.30, plotted with a yellow dashed line. That's where Viacom shares have found a floor since January, and they were testing that floor as of Wednesday.• Yesterday's volume surge is also a concern. A lot of sellers came out of the woodwork in a hurry on relatively tame news that AT&T was dropping some Viacom content from its DirecTV offering. Edison International (EIX)Sometimes it's not a chart's action that's telling, but how that stock reacts to a curveball.That's what makes Edison International so interesting headed into Thursday's trading action. Following word that the utility company is at least partially responsible for 2017 wildfires, a big holder sold a huge stake very late in the day on Wednesday. Before the closing bell rang, though, a huge buy-in recouped all of the intraday loss and then some. Click to Enlarge • That big stumble may have flushed out the weak hands, actually clearing the decks for a continued rally.• Monday's cross above the white 200-day moving average line is a buy signal in and of itself, but yesterday's intraday rebound confirms it.• The next big technical hurdle is around $70.80, plotted with a yellow dashed line, where shares peaked in October. Franklin Resources (BEN)It has been a choppy, inconsistent effort for the past several weeks, but there's a method to the madness. And, as of this week, the tide may have officially turned for the better. Although the stock may once again pull back from this week's strength, Franklin Resources is no longer bumping into resistance, and it's finding plenty of support for the first time in a long while.It took a couple of efforts, but thanks to this week's strength, BEN is back above the white 200-day moving average line. Click to Enlarge • This time, however, it crossed back above the long-term indicator by pushing up and off the purple 50-day and gray 100-day moving average line.• Although difficult to ferret out, both the accumulation-distribution line and the Chaikin line on the weekly chart confirm there's good bullish interest here. The volume has been especially bullish the past four trading days.• The clincher will be the 50-day moving average line's cross above the 200-day moving average, though there's still room for a pullback between now and then.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 of the Best Stocks to Buy Under $10 * 7 Retail Stocks Winning in 2019 and Beyond * The 10 Best Stocks to Buy for the Bull Market's Anniversary Compare Brokers The post 3 Big Stock Charts for Thursday: Viacom, Franklin Resources and Edison International appeared first on InvestorPlace.
GuruFocus.com•10 days ago6 High-Yielding Stocks
According to the GuruFocus All-in-One Screener, the following stocks have high dividend yields but performed poorly over the last 12 months. Arbor Realty Trust Inc.'s (ABR) dividend yield is 8.2% with a payout ratio of 65%. Over the last 52 weeks, the share price has risen 44%.
- Zacks•10 days ago
Lazard's (LAZ) February AUM Improves on Favorable Markets
Increase in assets under management will support Lazard's (LAZ) financials while foreign exchange fluctuations and volatile markets pose concerns.
- Zacks•11 days ago
Legg Mason's (LM) February AUM Increases on Net Inflows
Rise in assets under management and solid prospects are likely to support Legg Mason (LM).
- Zacks•11 days ago
T. Rowe Price Reports Sequential Growth in February AUM
T. Rowe Price's (TROW) preliminary assets under management for February 2019 increase from the prior month on higher investments in total sponsored U.S. mutual funds and other investment portfolios.
- MarketWatch•11 days ago
Active money managers are now despised — which is why you should buy their stocks
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- GlobeNewswire•11 days ago
Franklin Limited Duration Income Trust Announces Sources of Monthly Dividend Distribution
The Franklin Limited Duration Income Trust [NYSE:FTF] (CUSIP 35472T101) has declared a dividend of $0.0863 per common share payable March 15, 2019, to shareholders of record as of February 28, 2019. The Fund adopted a managed distribution plan and will make monthly distributions to common shareholders at an annual minimum fixed rate of 10 percent, based on the average monthly net asset value (NAV) of the Fund’s common shares. The plan is intended to provide shareholders with a constant, but not guaranteed, fixed minimum rate of distribution each month and is intended to narrow the discount between the market price and the NAV of the Fund’s common shares, but there is no assurance that the plan will be successful in doing so.
- GlobeNewswire•12 days ago
Carin L. Pai, CFA Named Among the ‘Notable Women in Banking & Finance’ by Crain’s New York Business
Fiduciary Trust Company International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton, proudly announces that Carin L. Pai, CFA, executive vice president and head of portfolio management, has been included by Crain’s New York Business in the publication’s second annual listing of “Notable Women in Banking & Finance” in New York City. “Carin’s in-depth market expertise and strong commitment to clients have made her a key part of the Fiduciary Trust family for more than 20 years,” said John M. Dowd, chief executive officer of Fiduciary Trust Company International.
- Markit•12 days ago
See what the IHS Markit Score report has to say about Franklin Resources Inc.
Franklin Resources Inc NYSE:BENView full report here! Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is moderate * Economic output in this company's sector is expanding Bearish sentimentShort interest | NeutralShort interest is moderate for BEN with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold BEN had net inflows of $3.05 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. Although BEN credit default swap spreads are decreasing, they remain near their highest levels of the last 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Zacks•12 days ago
Cohen & Steers' (CNS) February AUM Rises on Upbeat Markets
Cohen & Steers (CNS) reports higher assets under management in February, driven by market appreciation and net inflows.
- Zacks•12 days ago
Invesco's (IVZ) February AUM Up 1.6% on Favorable Markets
Invesco's (IVZ) assets under management for February 2019 increased 1.6% from the prior month.
- Zacks•12 days ago
AllianceBernstein February AUM Rises on Market Appreciation
Favorable operating backdrop and rise is assets under management will support AllianceBernstein's (AB) financials.
- Zacks•12 days ago
Franklin's (BEN) February AUM Improves on Net Market Gains
Franklin Resources' (BEN) preliminary assets under management (AUM) of $714.2 billion for February up 5.3% from the prior month, driven by net market gains.
- GlobeNewswire•12 days ago
Franklin Resources, Inc. Announces Month-End Assets Under Management
SAN MATEO, Calif., March 11, 2019 -- Franklin Resources, Inc. (Franklin Templeton) (NYSE: BEN) today reported preliminary month-end assets under management of $714.2 billion at.
- GlobeNewswire•24 days ago
Factors of Influence in 2019, Key Indicators and Opportunity within Franklin Resources, Heartland Express, Ameriprise Financial, Merck & Co., NGL Energy Partners LP, and ResMed — New Research Emphasizes Economic Growth
NEW YORK, Feb. 28, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
- GlobeNewswire•last month
Franklin Limited Duration Income Trust Declares Monthly Distribution
The Fund adopted a managed distribution plan and will make monthly distributions to common shareholders at an annual minimum fixed rate of 10 percent, based on the average monthly net asset value (NAV) of the Fund’s common shares. The Fund will calculate the average NAV from the previous month based on the number of business days in that month on which the NAV is calculated. The distribution will be calculated as 10 percent of the previous month’s average NAV, divided by 12.
- InvestorPlace•last month
3 Big Stock Charts for Thursday: Conagra Brands, Intel and Franklin Resources
It was a gain, but not a convincing one. Yesterday's 0.3% advance from the S&P 500 may have gotten it above the pivotal 200-day moving average line, but a huge chunk of the intraday move was ultimately given back, and the volume behind the gain was mediocre at best.Still, baby steps in a bullish direction are still steps in the right direction.General Electric (NYSE:GE) did a great deal of the work, up 3.9% mostly in response to a $92 billion backlog for its power division. That's the arm that needs the most help and is best positioned for a turnaround.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAt the other end of the spectrum, Teva Pharmaceutical (NYSE:TEVA) and Ambev SA (NYSE:ABEV) were a key part of the reason stocks struggled to make the collective gain they did. Ambev fell 2.4% mostly because traders remain unsure how they feel about the stagnant company, while Teva shares plunged 7.8% after the company conceded 2019 will be a "trough." Investors were hoping the pivot had already been made.None of those names are especially great trading prospects headed into Thursday's session, however. Rather, stock charts of Intel (NASDAQ:INTC), Franklin Resources (NYSE:BEN) and Conagra Brands (NYSE:CAG) are shaping up as the best bets. Here's why, and what needs to happen next. Franklin Resources (BEN)With nothing more than a quick glance at Franklin Resources, it just looks like a volatile mess. And, that may be all it is. A closer look at the daily chart, however, reveals there may be more underway here than it seems on the surface. * 9 U.S. Stocks That Are Coming to Life Again The stock is at a key tipping point after Wednesday's action, and the backdrop is surprisingly healthy. Click to Enlarge • As of Wednesday's close, Franklin Resources is once again testing the white 200-day moving average again as resistance. The past couple of those tests have ended with a retreat, but it's telling that the buyers keep coming back.• It's counterintuitive, but the volume surges that accompanied the last two major plunges are actually beneficial. They serve as a flushout, or capitulation, that cleared the decks for a new, net-bullish paradigm.• Although the late-January low was the first higher low since mid-2017, the past two bullish efforts have been on tepid volume. More buyers will need to crawl out of the woodwork for a rally effort to be sustained. Conagra Brands (CAG)A little over a week ago, Conagra Brands was featured as a budding breakout candidate. In fact, it had just edged above a technical ceiling. The effort just needed to solidify a little bit more, to confirm it was for real.It's for real. CAG is now up 6.5% since that look, and has put that resistance line in the rearview mirror. There's another ceiling dead ahead, however, that needs to be cleared before the next bullish leg can take shape. Conagra may need to peel back before forging any higher though. Click to Enlarge • The next hurdle is the 50-day moving average line, plotted in purple on the daily stock chart. The buyers stepped back as that line came into view this week.• Although CAG may need to fall back and develop a running start to punch through that technical ceiling, the weekly chart makes clear the stock is more than oversold enough to fuel a bounce.• Should Conagra make good on its promise, the next most plausible target is around $28. That's where the first Fibonacci retracement line is, and where the gray 100-day moving average line is. Intel (INTC)Finally, Intel has been a name that's been dissected several times in recent weeks, as the stock has been working on rocking its way out of last year's pullback.So far it hasn't happened. But, this week's bullishness has pushed INTC to the brink of moving all the way out of its recent technical confines. One more good day will get Intel up and over the final hurdle, unleashing a few months' worth of pent-up buying action. Click to Enlarge • That final line in the sand is $50.80, plotted in yellow, where INTC has peaked several times since July.• The trend paradigm has already shifted from a streak of lower lows to higher lows, which has pushed Intel shares above the pivotal 200-day moving average line, plotted in white.• If a breakout move can take hold, the most plausible upside target is last June's peak around $57. That $7 span between the current price and that target is more or less the same-sized span from the low and high seen as Intel worked its way through a triangle shape beginning in late June. That's not coincidental. Stocks tend to move in familiar increments.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 U.S. Stocks That Are Coming to Life Again * The 7 Best Video Game Stocks to Power Up Your Portfolio! * 5 Tips to Become a Better Stock Trader Compare Brokers The post 3 Big Stock Charts for Thursday: Conagra Brands, Intel and Franklin Resources appeared first on InvestorPlace.
- Zacks•last month
Lazard Reports Sequential Rise in January AUM on Net Inflows
Lazard's (LAZ) assets under management increase in January, supported by favorable markets and foreign exchange movements.
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Legg Mason AUM Ascends in January, Equity Inflows Recorded
Legg Mason's (LM) assets under management (AUM) rise 2.7% in January, supported by increase in equity and fixed income AUM.
- Zacks•last month
T. Rowe Price Reports 8% Sequential Gain in January AUM
T. Rowe Price's (TROW) preliminary assets under management (AUM) of $1.04 trillion for January 2019 reflect 8% improvement from the prior month.
