Franklin Resources ( BEN) pushed the Financial Services industry lower today making it today's featured Financial Services loser. The industry as a whole closed the day down 1.8%. By the end of trading, Franklin Resources fell $2.79 (-2.5%) to $108.30 on average volume. Throughout the day, 992,560 shares of Franklin Resources exchanged hands as compared to its average daily volume of 787,800 shares. The stock ranged in price between $108.28-$111.38 after having opened the day at $111.31 as compared to the previous trading day's close of $111.09. Other company's within the Financial Services industry that declined today were: Ampal-American Israel Corporation ( AMPL), down 14.4%, CD International ( CDII), down 10%, Penson Worldwide ( PNSN), down 10%, and Credit Suisse ( DSLV), down 9.7%. Franklin Resources Inc. is a publicly owned asset management holding company. The firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It manages, through its subsidiary, separate client-focused equity, fixed income, and balanced portfolios. Franklin Resources has a market cap of $24.31 billion and is part of the financial sector. The company has a P/E ratio of 13, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 17.6% year to date as of the close of trading on Wednesday. Currently there are eight analysts that rate Franklin Resources a buy, one analyst rates it a sell, and seven rate it a hold. TheStreet Ratings rates Franklin Resources as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.