Franklin Resources, Inc. (NYSE:BEN – Get Rating) has been given a consensus rating of “Reduce” by the twelve research firms that are covering the company, Marketbeat Ratings reports. Six investment analysts have rated the stock with a sell rating and five have issued a hold rating on the company. The average twelve-month price target among […]
AXQ Capital LP bought a new stake in shares of Franklin Resources, Inc. (NYSE:BEN – Get Rating) in the 4th quarter, HoldingsChannel reports. The firm bought 13,600 shares of the closed-end fund’s stock, valued at approximately $359,000. Other institutional investors and hedge funds have also added to or reduced their stakes in the company. RFP […]
Intech Investment Management LLC decreased its position in Franklin Resources, Inc. (NYSE:BEN – Get Rating) by 81.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 42,513 shares of the closed-end fund’s stock after selling 183,873 shares during the quarter. Intech […]
StockNews.com upgraded shares of Franklin Resources (NYSE:BEN – Get Rating) from a sell rating to a hold rating in a research report sent to investors on Tuesday. A number of other brokerages also recently issued reports on BEN. Morgan Stanley increased their price target on Franklin Resources from $19.00 to $23.00 and gave the stock […]
ARGA Investment Management LP reduced its position in Franklin Resources, Inc. (NYSE:BEN – Get Rating) by 29.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,999 shares of the closed-end fund’s stock after selling 11,453 shares during the period. […]