Franklin Resources Inc. (NASDAQ: FC) Share Analyzed

Franklin Resources, Inc. day trading at USD 21.61 per share, then rallying to 21.88 and closing at USD 21.4 per share. A net loss of -0.97% for the day. Long term pricing analysis shows the stock trading at 47.71% lower than it’s 52week high and -66.37% higher than the 52week low. The share volume traded for the day was 2,947K which was 0 times the 50 Day Average Volume.

Franklin Resources, Inc. had a market cap of 10,005,186K as of 1st July 2020. The Earnings Per Share (EPS) for Q4 2019 is $1.95.

Franklin Resources, Inc. is an American multinational holding company that, together with its subsidiaries, is referred to as Franklin Templeton; it is a global investment firm founded in New York City in 1947 as Franklin Distributors, Inc.

Financial Results

Franklin Resources, Inc. Reports Second Quarter Of Fiscal 2020.

  • Franklin Resources, Inc. (the “Company”) [NYSE: BEN] today announced net income of $79.1 million or $0.16 per diluted share for the quarter ended March 31, 2020, as compared to $350.5 million or $0.70 per diluted share for the previous quarter, and $367.5 million or $0.72 per diluted share for the quarter ended March 31, 2019
  • Operating income was $356.1 million for the quarter ended March 31, 2020, as compared to $392.7 million for the previous quarter and $379.5 million in the prior year
  • Cash and cash equivalents and investments were $7.6 billion on March 31, 2020, as compared to $7.4 billion at September 30, 2019.

Franklin Resources, Inc. (1st July 2020): The Institutional Ownership as of today stood at 49.28% and the Total Value of Holdings (millions) is $ 5,118

New Institutional Holders and other activity – As of today, the total number of shares held is, 244,075,611 by 572 institutional holders.

LATEST NEWS:

26-June-2020:- Tredje AP fonden Sells 14,412 Shares of Franklin Resources, Inc. (NYSE: BEN)

Tredje AP fonden cut its holdings in shares of Franklin Resources, Inc. (NYSE: BEN) by 39.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,039 shares of the closed-end fund’s stock after selling 14,412 shares during the quarter.

19-June-2020:- Franklin Resources, Inc. (NYSE: BEN) Shares Sold by Nuveen Asset Management LLC

Nuveen Asset Management LLC reduced its position in shares of Franklin Resources, Inc. (NYSE: BEN) by 0.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 901,563 shares of the closed-end fund’s stock after selling 3,877 shares during the period.

17-June-2020:- 31,000 Shares in AEGON (NYSE: AEG) Purchased by Franklin Resources Inc.

Franklin Resources Inc. purchased a new position in shares of AEGON (NYSE: AEG) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 31,000 shares of the financial services provider’s stock, valued at approximately $77,000.

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