|Bid||35.33 x 900|
|Ask||35.34 x 800|
|Day's Range||35.22 - 35.59|
|52 Week Range||27.34 - 35.82|
|Beta (3Y Monthly)||0.94|
|PE Ratio (TTM)||11.64|
|Forward Dividend & Yield||1.04 (3.14%)|
|1y Target Est||N/A|
T. Rowe Price's (TROW) preliminary assets under management for March 2019 up from the prior month on higher investments in total sponsored U.S. mutual funds and other investment portfolios.
BlackRock is facing industrywide headwinds, including fee pressures and a continuing shift from actively managed mutual funds to passive-investment products.
Company analysts see the S&P 500 reaching 3,097, or 7% from here, over the next 12 months, according to calculations from FactSet. Based on the difference between the bottom-up target price and the current trading level, biopharmaceutical company Nektar Therapeutics is poised to have 110% upside by year-end. Advanced Micro Devices, Franklin Resources, Chipotle Mexican Grill, Xilinx and Waters Corp. are set to have double-digit losses.
The Zacks Analyst Blog Highlights: CMS Energy, Alpine Immune Sciences, Kohl's, Franklin Resources and Dominion Energy
Total earnings for the S&P 500 companies are estimated to drop 4% from the same period last year, which would be the first quarterly decline since 2016. Revenues are expected to rise 4.6%.
The Zacks Analyst Blog Highlights: Antero Resources, Jones Lang LaSalle, Franklin Resources, Sanderson Farms and Schnitzer Steel Industries
Franklin Resources Inc NYSE:BENView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows * 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 | PositiveETF activity is positive. Over the last month, growth of ETFs holding BEN is favorable, with net inflows of $24.10 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be 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 firstname.lastname@example.org.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.
First quarter's earnings decline may be a temporary phenomenon as several catalysts are there to drive corporate earnings in the near future.
Evercore (EVR) appears to be a promising buy, riding on revenue growth, earnings strength and steady capital-deployment activities.
Federated (FII) and Franklin (BEN) are good options with similar business trends, but deeper research into their financials will help decide which investment option is better.
Franklin Resources, Inc. (BEN) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
T. Rowe Price Group (TROW) appears to be a promising buy, riding on organic growth, earnings strength and steady capital-deployment activities.
We at Insider Monkey have gone over 700 13F filings that hedge funds and prominent investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of December 31st. In this article we look at what those investors think of Franklin Resources, Inc. (NYSE:BEN). Is Franklin Resources, […]
Over the long run, stock markets are fairly efficient. For example, in 1992, a bubble in the pharmaceutical industry popped. Another shoe dropped when the Clinton administration attempted to enact healthcare reform, and investors began questioning the long-term profitability of the pharmaceutical industry.
Yesterday was back and forth all day long, but in the end, the day was essentially a tie. The S&P 500 ended the day down a modest 0.08%, right in the middle of the day's trading range, with investors unsure what to think about the Mueller report.Apple (NASDAQ:AAPL) was one of the biggest drags, with shares falling 1.2% after investors found the unveiling of its new Apple TV+ platform fell a bit flat. Roku (NASDAQ:ROKU) was at the other end of the spectrum, rallying 4.7% once the market realized Apple TV+ wasn't going to upend the current leader of the streaming set-top box market.Neither are looking like compelling prospects headed into today's trading action, however. Rather, it's stock charts of Juniper Networks (NYSE:JNPR), Franklin Resources (NYSE:BEN) and Lennar Corporation (NYSE:LEN) that are of the most interest. Here's why, and what has to happen next.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Lennar Corporation (LEN)A month ago, Lennar shares worked their way above their 200-day moving average line against a backdrop of hope that the home-construction market would rebound before slipping into deep trouble. That effort faded just as quickly, with Lennar stock sliding back below the 200-day line just as quickly as it crossed above it. * 7 Marijuana Stocks to Play the CBD Trend As of yesterday, however, the stock is back above that all-important moving average, and it has made that move in such a way that suggests there's more upside left to go if one major hurdle can be cleared. Click to Enlarge • The renewal of the uptrend took shape on the 20th, highlighted on the daily chart. The open and close near the high for the day and a long-tailed low suggests a transition from a net-selling back into a net-buying environment.• Bolstering the bullish case is how bullish volume has been growing on the way back above the white 200-day moving average line.• Although the momentum is impressive, the $50.50 area has proven to be a major ceiling. Shares peaked there last month, and there's also a key Fibonacci retracement line at that mark. It will be tough to clear, but if it is hurdled, it could also serve as a bullish catalyst. Juniper Networks (JNPR)Juniper Networks has been trending lower since peaking in October, bucking the marketwide trend that has carried most stocks higher during that period. But, JNPR stock hasn't yet moved past the point of no return. It's getting close though, and continues to trend in that direction.The good (if not great) news is, the lines in the sand are well-established and crystal clear. Click to Enlarge • One of those lines is horizontal support around $25, marked with a yellow line on the daily chart. The stock bottomed there a couple of times since July.• On the weekly chart, the key support level is the technical support line that tags all the major lows going back to 2014. It's plotted in blue, and currently a little bit above $25.• Though JNPR stock has reliably found support for years, this instance is different than previous ones. Juniper hasn't made a higher major high since 2015's peak. Franklin Resources (BEN)With nothing more than a quick glance at the past few weeks, Franklin Resources looks like little more than a volatile mess. And, maybe that's all it is. Take a step back and look at BEN from a bigger-picture perspective, however, and it looks as if the stock has been quietly working its way out of a downtrend and into an uptrend.There's one more move that has to be made before the deal is sealed. Click to Enlarge • As of Monday, the purple 50-day moving average line has crossed above the white 200-day moving average line. This so-called "golden cross" is generally a precursor to a new longer-term uptrend.• The budding uptrend has found support at key moving average lines on the way up. Both instances are highlighted on the daily chart.• On the weekly chart we can see the turnaround was ultimately rooted in support around $28, plotted with a purple line on the weekly chart.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 * 7 Dual-Class Stocks That Will Outperform * 7 Reasons Why Apple Streaming Won't Move the Needle for Apple Stock * 7 A-Rated Stocks to Buy in the Second Quarter Compare Brokers The post 3 Big Stock Charts for Tuesday: Juniper Networks, Lennar and Franklin Resources appeared first on InvestorPlace.
Investment management companies, which manage mutual funds and other investments on behalf of individuals, pensions and other clients, have fallen sharply out of favor, observes leading turnaround, bankruptcy and restructuring expert George Putnam, editor of The Turnaround Letter.
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.
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%.
Increase in assets under management will support Lazard's (LAZ) financials while foreign exchange fluctuations and volatile markets pose concerns.