BEN - Franklin Resources, Inc.

NYSE - NYSE Delayed Price. Currency in USD
25.74
-0.02 (-0.08%)
At close: 4:01PM EST
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Previous Close25.76
Open25.84
Bid25.69 x 1200
Ask26.00 x 1300
Day's Range25.59 - 25.93
52 Week Range24.73 - 35.82
Volume2,722,558
Avg. Volume3,263,895
Market Cap12.848B
Beta (5Y Monthly)1.24
PE Ratio (TTM)10.95
EPS (TTM)2.35
Earnings DateJan 27, 2020 - Feb 02, 2020
Forward Dividend & Yield1.08 (4.19%)
Ex-Dividend DateDec 28, 2019
1y Target Est24.15
  • 52-Week Company Lows
    GuruFocus.com

    52-Week Company Lows

    Details the 52-week lows for the following companies: Exxon Mobil, Boeing, DuPont de Nemours, Simon Property Group, Franklin Resources and Spirit Aerosystems Holdings Continue reading...

  • Business Wire

    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 $0.0832 per common share payable January 15, 2020, to shareholders of record as of December 31, 2019. It is currently estimated that $0.0452 per share represents net investment income and $0.0380 per share represents return of principal.

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    Legg Mason (LM) December AUM Up on Fixed Income Net Inflows

    Increase in Legg Mason's (LM) asset under management balance is likely to continue supporting its top-line growth.

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    All 4 of Analysts' Favorite Stocks Fell Last Year

    The stocks that Wall Street analysts most adored a year ago all fell Continue reading...

  • GuruFocus.com

    Stocks That Fell to 3-Year Lows the Week of Jan. 10

    DuPont de Nemours, Simon Property Group, Franklin Resources and Textron present buying opportunities Continue reading...

  • Cohen & Steers (CNS) December AUM Up on Market Appreciation
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    Cohen & Steers (CNS) December AUM Up on Market Appreciation

    Cohen & Steers (CNS) reports a 1.4% sequential rise in December 2019 assets under management.

  • Franklin Resources' (BEN) December AUM Up on Net Market Gains
    Zacks

    Franklin Resources' (BEN) December AUM Up on Net Market Gains

    Franklin Resources' (BEN) preliminary assets under management (AUM) of $698.3 billion for December up from the prior month, driven by net market gains.

  • Jefferies Financial Rewards Investors With 20% Dividend Hike
    Zacks

    Jefferies Financial Rewards Investors With 20% Dividend Hike

    Jefferies Financial (JEF) raises quarterly dividend by 20% to 15 cents per share.

  • Business Wire

    Franklin Resources, Inc. Announces Month-End Assets Under Management

    Franklin Resources, Inc. (Franklin Templeton) (NYSE: BEN) today reported preliminary month-end assets under management of $698.3 billion at December 31, 2019, compared to $691.3 billion at November 30, 2019. The increase in assets under management was due to market gains that offset net outflows. Preliminary average assets under management for the quarter ended December 31, 2019, were $693.8 billion.

  • Franklin to Buy Athena Capital Advisors With AUM Worth $6B
    Zacks

    Franklin to Buy Athena Capital Advisors With AUM Worth $6B

    Franklin (BEN) seals deal to acquire Lincoln-based Athena Capital Advisors, in a bid to fortify its wealth-management business.

  • One of state’s largest woman-led wealth firms is being acquired
    American City Business Journals

    One of state’s largest woman-led wealth firms is being acquired

    Athena Capital, led for decades by founder Lisette Cooper, has agreed to merge with a larger New York firm.

  • Bloomberg

    Franklin’s Fiduciary Trust Buys Wealth Adviser Athena Capital

    (Bloomberg) -- Franklin Resources Inc. said it will purchase Athena Capital Advisors, a wealth advisory firm with $6 billion in assets.Lincoln, Massachusetts-based Athena will join Franklin’s wealth subsidiary, Fiduciary Trust Company International, and bring its total assets to $25 billion, according to a statement Tuesday.Franklin has been seeking new acquisitions as its asset management business continues to suffer outflows as investors move more money to lower fee passively managed funds.Wealth advisers have become an attractive acquisition target because of their steady fees and growing demand for advice.“Athena Capital brings enhanced investment research, manager selection, and due diligence that will complement and strengthen our existing strategic advisory services,” John Dowd, chief executive of Fiduciary Trust said in the statement.Terms of the deal weren’t disclosed.To contact the reporter on this story: John Gittelsohn in Los Angeles at johngitt@bloomberg.netTo contact the editor responsible for this story: Sam Mamudi at smamudi@bloomberg.netFor more articles like this, please visit us at bloomberg.com©2020 Bloomberg L.P.

  • Business Wire

    Fiduciary Trust Company International to Acquire Athena Capital Advisors in Merger Deal

    Fiduciary Trust Company International to Acquire Athena Capital Advisors in Merger Deal

  • Financial Times

    Franklin Templeton: active failure

    Active fund managers may gaze at what has happened to Franklin Resources — parent of Franklin Templeton — nervously. Not many fund management stocks have underperformed world markets so comprehensively for years. To justify their fees, a number of active fund managers have been making bolder and more concentrated bets.

  • Financial Times

    Franklin Templeton heads for sixth year of outflows

    Franklin Templeton is set to mark 2019 with more outflows than any other US fund manager, according to the latest data from research group Morningstar, led by an exodus of investors from a bond fund run by emerging markets guru Michael Hasenstab. Investors clawed back $21bn from the company’s mutual funds and exchange traded funds in the first 11 months of last year, a rate of $430m per week, according to the data. The outflows extend a string of annual investor withdrawals that stretch back to 2014 and represent a sizeable chunk of the group’s assets under management, which stood at $692bn at the end of November.

  • Bank OZK Announces 4% Dividend Hike: Is it Worth a Look?
    Zacks

    Bank OZK Announces 4% Dividend Hike: Is it Worth a Look?

    Bank OZK (OZK) increases quarterly common stock dividend to 26 cents per share, marking the 38th straight quarter of hike.

  • Business Wire

    Templeton Global Income Fund ("GIM") Announces Distribution

    Templeton Global Income Fund [NYSE: GIM] today announced a monthly distribution from net investment income of $0.0288 per share, payable on January 31, 2020, to shareholders of record on January 15, 2020 (Ex-Dividend Date: January 14, 2020).

  • Business Wire

    Templeton Emerging Markets Income Fund ("TEI") Announces Distribution

    Templeton Emerging Markets Income Fund [NYSE: TEI] today announced a monthly distribution from net investment income of $0.0609 per share, payable on January 31, 2020, to shareholders of record on January 15, 2020 (Ex-Dividend Date: January 14, 2020).

  • Hedge Fund Consensus Stocks vs. Franklin Resources, Inc. (BEN) In 2019
    Insider Monkey

    Hedge Fund Consensus Stocks vs. Franklin Resources, Inc. (BEN) In 2019

    Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged in 2019. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 57%. Our research shows that most of the stocks that smart money likes historically generate strong risk-adjusted returns. That's why we weren't […]

  • AllianceBernstein November AUM Up on Inflows & Market Gains
    Zacks

    AllianceBernstein November AUM Up on Inflows & Market Gains

    Increase in assets under management balance is likely to keep supporting AllianceBernstein's (AB) financials going forward.

  • GuruFocus.com

    Stocks That Fell to 3-Year Lows in the Week of Dec. 13

    DuPont de Nemours, Franklin Resources, Cabot Oil & Gas and Macerich present buying opportunities Continue reading...