It also offers various loans, such as consumer, commercial, agribusiness, real estate mortgage, and installment loans. The company's quarterly revenue was up.3% compared to the same quarter last year. equities analysts expect that Franklin Resources, Inc. will post 3 EPS for the current fiscal year.
VANGUARD GROUP INC lowered its stake in Franklin Resources, Inc. BEN has diverse figures for different time frames; starting from week's performance plunged 0.95% in last five regular trading sessions.
Shares of Franklin Resources (NYSE BEN) traded up $0.59 during trading hours on Friday, hitting $44.53. It has outperformed by 2.70% the S&P500.
Since October 30, 2017, it had 0 insider purchases, and 2 insider sales for $4.61 million activity. New England Research And Incorporated has invested 1.17% of its portfolio in Franklin Resources, Inc. Stockholders of record on Tuesday, December 26th were issued a $0.23 dividend. Its up 0.15, from 1.23 in 2017Q2. With 2.41 million shares average volume, it will take short sellers 4 days to cover their BEN's short positions.
A number of other hedge funds have also added to or reduced their stakes in the stock. Zacks Investment Research upgraded shares of Franklin Resources from a "hold" rating to a "buy" rating and set a $49.00 target price for the company in a research report on Thursday. Parametric Port Assocs Ltd Liability Corp owns 1.10M shares. Bank of New York Mellon Corp now owns 4,874,451 shares of the closed-end fund's stock valued at $216,961,000 after buying an additional 1,288,818 shares during the period. Heartland owns 181,772 shares for 0.52% of their portfolio. Everence Capital Mgmt Inc has 7,540 shares for 0.08% of their portfolio. Franklin Resources Inc. had 87 analyst reports since July 31, 2015 according to SRatingsIntel. (NYSE:BEN). Grassi Invest Mngmt reported 10,800 shares. Benjamin F. Edwards & Company Inc. bought a new stake in shares of Franklin Resources during the third quarter valued at about $127,000. Murphy Pohlad Asset Limited Com accumulated 0.4% or 12,935 shares. Barclays assumed coverage on Franklin Resources in a research note on Friday, September 8th. Franklin Resources, Inc. (NYSE:BEN) has risen 19.40% since January 13, 2017 and is uptrending. (NYSE:BEN) for 371,610 shares. Rmb Capital invested 0.01% in Franklin Resources, Inc.
The stock of Franklin Resources Incorporated (NYSE:BEN) registered a decrease of 2.82% in short interest. Moreover, Denali Advsrs Ltd Limited Liability Company has 1.45% invested in Franklin Resources, Inc. Cubist Systematic Strategies Ltd reported 34,866 shares. Comerica Bancshares reported 0.03% in Franklin Resources, Inc. Four analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and two have given a buy recommendation to the company. Therefore 6% are positive. This volatility measure use for multipurpose in judging the underlying price momentum as well as the rate of change in BEN's price. Jefferies maintained the stock with "Hold" rating in Monday, September 25 report. Barclays Capital maintained Franklin Resources, Inc. (NYSE:BEN) on Monday, July 11 with "Hold" rating. (NYSE:BEN) on Thursday, February 4 with "Sector Perform" rating. The company was maintained on Thursday, June 9 by Barclays Capital. Franklin Resources had a return on equity of 13.48% and a net margin of 26.54%. (NYSE:BEN) on Monday, July 31 with "Neutral" rating. Franklin Resources has a consensus rating of "Hold" and an average target price of $36.85. UBS Group boosted their target price on shares of Franklin Resources from $46.00 to $48.00 and gave the company a "neutral" rating in a research report on Friday, October 27th. Finally, Credit Suisse Group restated an "underperform" rating on shares of Franklin Resources in a research report on Thursday, January 5th. (NASDAQ:ADSK) on Friday, May 19 to "Neutral" rating. Burney Company holds 0.11% of its portfolio in Franklin Resources, Inc. The stock has a market cap of $22.61 billion, a price-to-earnings ratio of 13.48 and a beta of 1.78. It is a global investment management company that provides investment management and related services to retail, institutional and high net-worth clients in jurisdictions around the world. Checking in on some other ratios, the company has a Price to Cash Flow ratio of 14.044005, and a current Price to Earnings ratio of 10.776054.
Among 27 analysts covering Autodesk Inc. Nxt-ID, Inc. (NASDAQ:NXTD) has declined 53.83% since January 12, 2017 and is downtrending. The closed-end fund reported $0.76 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.72 by $0.04. MSFG's profit will be $14.33 million for 17.33 P/E if the $0.56 EPS becomes a reality. After $0.76 actual earnings per share reported by Franklin Resources, Inc. for the previous quarter, Wall Street now forecasts -2.63% negative EPS growth.
Jacobs Asset Management Llc holds 3.09% of its portfolio in MainSource Financial Group, Inc. for 451,688 shares.
Sfe Investment Counsel, which manages about $321.20M and $237.84 million US Long portfolio, upped its stake in Spdr Series Trust (KBE) by 11,425 shares to 40,825 shares, valued at $1.84M in 2017Q3, according to the filing. Investors who are keeping close eye on the stock of FireEye, Inc. Zurcher Kantonalbank (Zurich Cantonalbank), a Switzerland-based fund reported 67,358 shares.