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NYA:LM, Nov 22, 07:07 UTC

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Texas Instruments (TXN) Position Has Upped by Central Bank & Trust Co; Legg Mason (LM) Market Valuation Rose While Auxier Asset Management Has Cut Its Stake

LM TXN

The institutional investor held 7,020 shares of the finance company at the end of 2019Q2, valued at $269,000, down from 15,220 at the end of the previous reported quarter. It has outperformed by 12.71% the S&P500. Some Historical TXN News: 26/04/2018 – Texas Instruments board declares quarterly dividend; 24/04/2018 – Texas Instruments Sees 2Q EPS $1.19-EPS $1.39; 17/05/2018 – TI COO Brian Crutcher to speak at Bernstein investor conference; 30/05/2018 – From vehicles to the factory, TI mmWave sensors create a smarter world; 03/04/2018 – Texas Instruments to webcast 1Q18 earnings conference call; 24/04/2018 – Texas Instruments 1Q EPS $1.35; 24/04/2018 – After-hours buzz: TXN, WYNN, EW & more; 21/05/2018 – Tl Chief Financial Officer Rafael Lizardi to speak at Bank of America Merrill Lynch investor conference; 19/04/2018 – Texas Instruments Closes Below 50-Day Moving Average; 23/04/2018 – Texas Instruments Recognises Camtek for Its 2017 Supplier Excellence Award. Central Bank & Trust Co, which manages about $443.83M US Long portfolio, decreased its stake in Ishares Edge Msci Min Vol (EFAV) by 55,744 shares to 34,412 shares, valued at $2.50M in 2019Q2, according to the filing. After $0.95 actual EPS reported by Legg Mason, Inc. for the previous quarter, Wall Street now forecasts -2.11% negative EPS growth.

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altcoinmercury.com
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Legg Mason Partners Fund Advisor, LLC Announces Distributions for Certain Closed End Funds Pursuant to their Managed Distribution Policy

LM

Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared distributions pursuant to their managed distribution policy. Any such modification, termination or suspension could have an adverse effect on the market price of the Fund’s shares. a Sources of cumulative fiscal year-to-date distributions are estimated through December 31, 2019. b Sources of cumulative fiscal year-to-date distributions are estimated through February 29, 2020. c Sources of cumulative fiscal year-to-date distributions are estimated through February 29, 2020. Sources of cumulative fiscal year-to-date distributions are estimated to be 85.44% sourced from income and 14.56% from a return of capital through December 31, 2019. In early 2020 and early 2021, after definitive information is available, each Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by each Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder’s tax return (e.g., ordinary income, long-term capital gain or return of capital).

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finance.yahoo.com
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Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of December 2019, January and February 2020

LM

Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of December 2019, January and February 2020. Western Asset Corporate Loan Fund Inc. Western Asset High Income Fund II Inc. Western Asset High Income Opportunity Fund Inc. Western Asset High Yield Defined Opportunity Fund Inc. Western Asset Global High Income Fund Inc. Western Asset Global Corporate Defined Opportunity Fund Inc. Western Asset Variable Rate Strategic Fund Inc. Western Asset Investment Grade Defined Opportunity Trust Inc. Western Asset Mortgage Defined Opportunity Fund Inc. Western Asset Intermediate Muni Fund Inc. Western Asset Managed Municipals Fund Inc. Western Asset Municipal High Income Fund Inc. Western Asset Municipal Partners Fund Inc. Western Asset Municipal Defined Opportunity Trust Inc. (a) Western Asset Investment Grade Defined Opportunity Trust Inc.’s (“IGI”) December distribution of $0.07650 per share is composed of $0.03642 per share from Income, $0.03210 per share from Short Term Capital Gain and $0.00798 per share from Long Term Capital Gain. This press release is not for tax reporting purposes but is being provided to announce the amount of each Fund’s distributions that have been declared by the Board of Directors. In early 2020 and early 2021, after definitive information is available, each Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by each Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder’s tax return (e.g., ordinary income, long-term capital gain or return of capital).

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finance.yahoo.com
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Jefferies Financial Group Research Analysts Lift Earnings Estimates for Legg Mason Inc (NYSE:LM) – Mitchell Messenger

LM

Jefferies Financial Group analyst D. Fannon now anticipates that the asset manager will post earnings of $0.93 per share for the quarter, up from their previous forecast of $0.92. Jefferies Financial Group also issued estimates for Legg Mason’s Q4 2020 earnings at $0.95 EPS, FY2020 earnings at $3.58 EPS, Q2 2021 earnings at $1.03 EPS, Q3 2021 earnings at $1.07 EPS and Q4 2021 earnings at $1.06 EPS. Legg Mason has a 1 year low of $23.25 and a 1 year high of $40.27. Legg Mason had a positive return on equity of 7.67% and a negative net margin of 1.93%.

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mitchellmessenger.com
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Wednesday, November 20


News

Legg Mason Inc (NYSE:LM) Expected to Post Earnings of $0.86 Per Share – Slater Sentinel

LM

According to Zacks, analysts expect that Legg Mason will report full-year earnings of $3.53 per share for the current year, with EPS estimates ranging from $3.41 to $3.61. For the next financial year, analysts forecast that the business will post earnings of $3.94 per share, with EPS estimates ranging from $3.62 to $4.20. The asset manager reported $0.75 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.72 by $0.03. Legg Mason had a negative net margin of 1.72% and a positive return on equity of 7.24%. Credit Suisse Group upped their price objective on shares of Legg Mason from $39.00 to $42.00 and gave the company a “neutral” rating in a report on Tuesday, August 6th.

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slatersentinel.com
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Legg Mason, Inc. ($LM): About To Explode? (2019-11-20) – Today Israel

LM

REPORTING FOR 2019-11-20 | TODAYISRAEL.COM: We have done an in-depth analysis of how LM has been trading over the last 2 weeks and the past day especially. TREND INDICATORS FOR LEGG MASON, INC. ($LM): We calculated a Moving Average Convergence Divergence (MACD) of -0.00224, a MACD signal of -0.00125, a MACD difference of -0.001, a fast Exponential Moving Average (EMA) indicator of 38.51, a slow Exponential Moving Average (EMA) indicator of 38.51, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.81462, a trix of 3.3974, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -1.42639, a KST Oscillator (KST) of 38.46425 and a KST Oscillator (KST Signal) of 38.46425 (leaving a KST difference of -0.67415). RETURNS FOR LEGG MASON, INC. ($LM): There was a daily return of 3.84642, a daily log return of -0.26001 and a cumulative return of -0.25967. What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). We strongly advise against buying or selling Legg Mason, Inc. ($LM) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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todayisrael.com
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BancorpSouth Bank Has $2.56 Million Position in Legg Mason Inc (NYSE:LM) – Mitchell Messenger

LM

APG Asset Management N.V. now owns 1,770,100 shares of the asset manager’s stock worth $59,501,000 after acquiring an additional 552,900 shares during the last quarter. Credit Suisse Group upped their price target on shares of Legg Mason from $39.00 to $42.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 6th. Legg Mason Inc has a 52-week low of $23.25 and a 52-week high of $40.27. The asset manager reported $0.95 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.86 by $0.09.

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mitchellmessenger.com
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$734.83 Million in Sales Expected for Legg Mason Inc (NYSE:LM) This Quarter – Mitchell Messenger

LM

Two analysts have made estimates for Legg Mason’s earnings, with the lowest sales estimate coming in at $725.66 million and the highest estimate coming in at $744.00 million. Legg Mason posted sales of $704.32 million during the same quarter last year, which suggests a positive year over year growth rate of 4.3%. On average, analysts expect that Legg Mason will report full-year sales of $2.90 billion for the current fiscal year, with estimates ranging from $2.88 billion to $2.93 billion. For the next year, analysts forecast that the firm will report sales of $2.94 billion, with estimates ranging from $2.85 billion to $3.00 billion. Credit Suisse Group lifted their price objective on Legg Mason from $39.00 to $42.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 6th.

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mitchellmessenger.com
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Tuesday, November 19


News

River & Mercantile Asset Management LLP Sells 1,398 Shares of Legg Mason Inc (NYSE:LM) – Riverton Roll

LM

River & Mercantile Asset Management LLP reduced its stake in shares of Legg Mason Inc (NYSE:LM) by 1.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). APG Asset Management N.V. now owns 1,770,100 shares of the asset manager’s stock worth $59,501,000 after buying an additional 552,900 shares in the last quarter. Credit Suisse Group lifted their target price on Legg Mason from $39.00 to $42.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 6th. The stock has a market cap of $3.38 billion, a price-to-earnings ratio of 12.80, a PEG ratio of 0.94 and a beta of 1.51.

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rivertonroll.com
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How Analysts Feel About Legg Mason, Inc. (NYSE:LM)?

LM

It fall, as 32 investors sold Legg Mason, Inc. shares while 94 reduced holdings. 74.07 million shares or 5.63% more from 70.12 million shares in 2019Q1 were reported. Manufacturers Life Insur Co The holds 0.01% of its portfolio in Legg Mason, Inc. (NYSE:LM) for 141,204 shares. Among 4 analysts covering Legg Mason (NYSE:LM), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive.

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lampnews.com
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