34.35 0.00 (0.00%)
After hours: 5:40PM EDT
|Bid||34.36 x 3100|
|Ask||34.35 x 800|
|Day's Range||34.16 - 34.67|
|52 Week Range||27.34 - 35.82|
|Beta (3Y Monthly)||0.98|
|PE Ratio (TTM)||11.54|
|Forward Dividend & Yield||1.04 (3.04%)|
|1y Target Est||N/A|
Continued organic growth, cost management activities and rise in assets under management are expected to drive Lazard (LAZ).
Legg Mason's (LM) chief executive officer (CEO) Joseph A. Sullivan's total compensation for fiscal 2019, including a cash bonus, increases to $9.95 million, up 2.9%.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We have processed the filings of the more than 700 world-class investment firms that we track and now have access to the collective wisdom contained in […]
T. Rowe Price's (TROW) preliminary assets under management (AUM) of $1.07 trillion for May reflect 3.6% a drop from the prior month.
Legg Mason's (LM) assets under management (AUM) fall 1.3% sequentially in May on account of decrease in liquidity and equity AUM.
Lazard's (LAZ) preliminary assets under management decline sequentially in May 2019 on account of unfavorable markets and foreign exchange depreciation.
Franklin Resources Inc NYSE:BENView full report here! Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is moderate * Economic output for the sector is expanding but at a slower rate 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 $3.14 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 | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. BEN credit default swap spreads are within the middle of their range for 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.
Franklin Resources' (BEN) preliminary assets under management (AUM) of $695 billion for May down 3.5% from the prior month, affected by market losses.
San Francisco-based SpotOn Transact has big hiring plans after raising $40 million, especially in its rapidly growing services for restaurants. The latest financing round was led by Franklin Venture Partners, the venture capital arm of San Mateo-based Franklin Templeton and its parent Franklin Resources Inc. (NYSE: BEN). The financing included “significant participation” from Dragoneer Investment Group, which previously invested in Airbnb, Square (NYSE: SQ), Slack, ServiceNow (NYSE: NOW) and Uber (NYSE: UBER), among others.
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.
Regions Financial (RF) displays mixed prospects for revenue growth and cost-saving initiatives, with lack of diversification in loan portfolio and litigation issues as concerns.
While higher legal costs are likely to hurt Bank of America's (BAC) profits, higher rates and loan growth will continue to aid revenues.