Franklin Resources (BEN) - FREE Research Report

Johnson Charles B who is 10% Owner at Franklin Resources sold 300,000 shares at $54.65 on Dec. 9, 2013. Following this transaction, the 10% Owner owned 4.5 million shares meaning that the stake was reduced by 6.23% with the 300,000-share transaction.

The shares most recently traded at $55.09, up $0.44, or 0.8% since the insider transaction. Historical insider transactions for Franklin Resources go as follows:

  • 4-Week # shares sold: 29,950
  • 12-Week # shares sold: 85,950
  • 24-Week # shares sold: 85,950

The average volume for Franklin Resources has been 2.3 million shares per day over the past 30 days. Franklin Resources has a market cap of $34.4 billion and is part of the financial sector and financial services industry. Shares are up 30.26% year-to-date as of the close of trading on Monday.

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. The stock currently has a dividend yield of 0.73%. The company has a P/E ratio of 16.2. Currently there are 10 analysts that rate Franklin Resources a buy, no analysts rate it a sell, and 6 rate it a hold.

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TheStreet Quant Ratings rates Franklin Resources as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, solid stock price performance and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Franklin Resources Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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