|Bid||32.56 x 2200|
|Ask||35.49 x 800|
|Day's Range||33.20 - 33.46|
|52 Week Range||27.34 - 35.82|
|Beta (3Y Monthly)||0.94|
|PE Ratio (TTM)||11.18|
|Earnings Date||Jul 25, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||1.04 (3.01%)|
|1y Target Est||31.58|
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
“Anna possesses trust and estate administration and wealth planning expertise which will help support our growing Southern California client base,” said Lawrence A. Sternkopf, president and chief operating officer of Fiduciary Trust Company International.
Morgan Stanley (MS) is cutting jobs at its equities business in London after reporting a decline in equity trading revenues in first-quarter 2019.
Huntington (HBAN) appears to be a promising bet, riding on robust fundamentals and long-term growth opportunities. However, rising expenses remains a concern.
Franklin Resources Inc NYSE:BENView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is moderate 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 | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding BEN totaled $10.97 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording 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, but is easing. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. Although BEN credit default swap spreads are rising, indicating the market's more negative perception of the company's credit worthiness, they are still comfortably within the range of the last three years.Please send all inquiries related to the report to email@example.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.
While East West Bancorp (EWBC) is poised for revenue growth, supported by rise in loans and higher rates, increasing costs and deteriorating asset quality remain concerns.
SAN MATEO, Calif., May 17, 2019 -- Franklin Universal Trust , a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of.
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.
SUNNYVALE, Calif., May 16, 2019 /PRNewswire/ -- Plug and Play, a Silicon Valley-based startup accelerator, today announced its collaboration with Franklin Templeton. The global investment management firm has joined Plug and Play's Fintech platform and will gain access to the top startups and other corporate leaders in the asset and wealth management industry. "Fintech companies serve as the building blocks in our effort to become the investment firm of the future, enhancing our innovation driven roadmap. Joining the Silicon Valley Plug and Play's Fintech platform enables a front row seat to evaluate, potentially invest in, and nurture Fintech companies in their growth, while also providing access for commercial collaborations, to accelerate our efforts in improving business outcomes for investors," says Joe Boerio, Chief Technology Officer for Franklin Templeton.
Fiduciary Trust Company International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton, proudly announces that Ellen Kratzer, managing director, has been appointed chair of STEP USA, the national organization overseeing the 18 branches and chapters of the Society of Trust & Estate Practitioners (STEP) in the United States. “STEP plays an important global role in educating families about inheritance and succession planning, as well as maintaining the highest professional standards among the trust and estate professionals who serve them,” said Ms. Kratzer.
Driven by strong fundamentals and good growth prospects, SEI Investments (SEIC) seems to be a solid investment option right now.
Legg Mason's (LM) assets under management (AUM) inched up 1.3% in April, supported by increase in alternative, equity and fixed income AUM.
Lazard's (LAZ) preliminary assets under management (AUM) of $239.6 billion for April 2019 reflect 2% improvement from the prior month.
T. Rowe Price's (TROW) preliminary assets under management (AUM) of $1.11 trillion for April 2019 reflect 2.8% improvement from the prior month.
The Franklin Limited Duration Income Trust [NYSE:FTF] (CUSIP 35472T101) has declared a dividend of $0.0870 per common share payable May 15, 2019, to shareholders of record as of April 30, 2019. It is currently estimated that $0.0461 per share represents net investment income and $0.0409 per share represents return of principal. 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.