|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||33.14 - 33.57|
|52 Week Range||32.92 - 47.13|
|PE Ratio (TTM)||11.08|
|Earnings Date||Jul 25, 2018|
|Forward Dividend & Yield||1.18 (3.36%)|
|1y Target Est||41.05|
A nine-year bull market in stocks would seem the perfect gift to traditional asset-management firms. With shares of many investment managers showing double-digit percentage losses so far this year, it might be time to reconsider. BlackRock (BLK) and T. Rowe Price Group (TROW), the industry’s growth leaders, trade for midteens price/earnings ratios.
Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on July 12. Over the last one-month, outflows of investor capital in ETFs holding LM totaled $10.71 billion.
BALTIMORE , July 12, 2018 /PRNewswire/ -- Legg Mason , Inc. (NYSE: LM) reported preliminary assets under management of $744.6 billion as of June 30, 2018 . This month's AUM included net long-term outflows ...
Stock Research Monitor: JHG, LM, and NTRS LONDON, UK / ACCESSWIRE / July 12, 2018 / If you want a free Stock Review on KKR sign up now at www.wallstequities.com/registration . On Wednesday, July 11, 2018, ...
NEW YORK, July 5, 2018 /PRNewswire/ -- Royce Value Trust, Inc. (RVT) (the "Fund") is pleased to announce the successful completion of its common stock rights offering (the "Offer"), which expired on July 3, 2018. Fund stockholders received one non-transferable right (each, a "Right") for each whole share of common stock held of record as of May 30, 2018, rounded up to the nearest number of Rights evenly divisible by ten. Pursuant to the terms of the Offer, stockholders were entitled to subscribe for one new share of common stock for each ten Rights held.
NEW YORK, June 28, 2018 /PRNewswire/ -- One of the investment industry's longest-tenured managers will step down later this year as Lead Portfolio Manager of Royce Opportunity Fund and two of the firm's institutional portfolios. On October 1st, 2018, Boniface A. 'Buzz' Zaino will step down as Lead Portfolio Manager of Royce Opportunity Fund, which he has managed since joining Royce in April 1998. Bill Hench, who has worked with Buzz since 2002 and has long been designated as Buzz's successor, will become the Fund's sole portfolio manager effective on that same date.
Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on June 18. Over the last one-month, outflows of investor capital in ETFs holding LM totaled $2.32 billion.
HONG KONG , June 26, 2018 /PR Newswire/ -- Quantifeed, Asia's leading B2B robo-advice provider, today closed US$10 million in a Series B funding round. The investment is led by Cathay Financial Holdings ...
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.
Legg Mason's (LM) chief executive officer (CEO) Joseph A. Sullivan's total compensation, including a cash bonus, rises 8% to $9.7 million in fiscal 2018.
The company said executive compensation for fiscal 2018 aligns with "improved financial performance in a challenging environment" and reflects the "strategic repositioning of Legg Mason for future growth."
HONG KONG , June 20, 2018 /PRNewswire/ -- Quantifeed, Asia's leading B2B robo-advice provider, today closed US$10 million in a Series B funding round. The investment is led by Cathay Financial Holdings ...
LONDON, UK / ACCESSWIRE / June 13, 2018 / If you want a free Stock Review on KKR sign up now at www.wallstequities.com/registration. WallStEquities.com revisits the Asset Management space, which comprises people who and companies that manage investments on behalf of others. Under assessment this morning are the following four stocks: Janus Henderson Group PLC (NYSE: JHG), KKR & Co. L.P. (NYSE: KKR), Legg Mason Inc. (NYSE: LM), and Northern Trust Corp. (NASDAQ: NTRS).
BALTIMORE , June 12, 2018 /PRNewswire/ -- Legg Mason , Inc. (NYSE: LM) reported preliminary assets under management of $747.2 billion as of May 31, 2018 . This month's AUM included net long-term outflows ...
LONDON, UK / ACCESSWIRE / June 08, 2018 / Active-Investors has a free review on Legg Mason, Inc. (NYSE: LM) following the Company's announcement that it will begin trading ex-dividend on June 11, 2018. To capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date (excluding weekend) that is by latest at the end of the trading session on June 08, 2018. Active-Investors has initiated due-diligence on this dividend stock.
Attention dividend hunters! Legg Mason Inc (NYSE:LM) will be distributing its dividend of $0.34 per share on the 09 July 2018, and will start trading ex-dividend in 3 days timeRead More...
A Baltimore-based money management firm has settled a U.S. Department of Justice probe of an affiliate that managed investments for the Libyan government when Moammar Gadhafi led the country. The Justice Department said Monday in a statement that Legg Mason Inc. agreed to pay $64.2 million.
Legg Mason (LM) intends to enhance its oversight compliance policies and undertake training programs and measures to reinforce the anti-corruption program principles.
PARIS/NEW YORK, June 4 (Reuters) - French bank Societe Generale will pay $1.3 billion to resolve criminal and civil charges in the United States and France for bribing Gaddafi-era Libyan officials and manipulating the Libor interest rate benchmark, U.S. authorities said on Monday. The Paris-based bank is due to plead guilty in U.S. District Court in Brooklyn, New York, to resolve the foreign bribery case, the Justice Department said in a statement.
Asset manager Legg Mason Inc. will pay a $64.2 million penalty to resolve a criminal probe into the firm's bribing of Libyan officials between 2004 and 2010, the Justice Department said late Monday. The company was accused of violating the Foreign Corrupt Practices Act. Through its subsidiary Permal Group Ltd., the company partnered with the Paris-headquartered Société Générale S.A. and paid bribes to a Libyan "broker" to solicit business from Libyan companies.