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NYA:LM, Aug 24, 11:51 UTC

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Sunday, July 14


News

Financial Review: Legg Mason (NYSE:LM) versus Manning and Napier (NYSE:MN) – Slater Sentinel

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Manning and Napier (NYSE:MN) and Legg Mason (NYSE:LM) are both finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their earnings, risk, institutional ownership, profitability, analyst recommendations, valuation and dividends. Manning and Napier is trading at a lower price-to-earnings ratio than Legg Mason, indicating that it is currently the more affordable of the two stocks. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

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  • Financial
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Trading Notes: Span A Higher Than Span B for Legg Mason Inc (LM)

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Investors looking to capitalize on shorter-term price movements may have a completely different game plan than those who are looking to fin stocks to hold onto for the longer-term. Finding quality stocks that match the individual’s criteria may take a lot of effort and dedication, but it may be well worth it for the long-term success of the portfolio. A CCI reading of +100 may represent overbought conditions, while readings near -100 may indicate oversold territory. Although the CCI indicator was developed for commodities, it has become a popular tool for equity evaluation as well. The Relative Strength Index (RSI) is an often employed momentum oscillator that is used to measure the speed and change of stock price movements. When charted, the RSI can serve as a visual means to monitor historical and current strength or weakness in a certain market.

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Legg Mason Small-Cap Quality Value ETF (NASDAQ:SQLV) Shares Down 0.2% – Tech Know Bits

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Legg Mason Small-Cap Quality Value ETF (NASDAQ:SQLV) fell 0.2% during mid-day trading on Friday . The stock traded as low as $25.89 and last traded at $25.89, 65 shares traded hands during mid-day trading. A decline of 96% from the average session volume of 1,772 shares. This is an increase from Legg Mason Small-Cap Quality Value ETF’s previous quarterly dividend of $0.06.

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Legg Mason Inc (NYSE:LM) Short Interest Down 17.1% in June – Trent Times

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Legg Mason Inc (NYSE:LM) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totalling 3,784,700 shares, a decrease of 17.1% from the May 30th total of 4,564,300 shares. In other Legg Mason news, CFO Peter Nachtwey sold 9,193 shares of the company’s stock in a transaction that occurred on Thursday, May 16th. Following the transaction, the chief financial officer now directly owns 167,691 shares of the company’s stock, valued at approximately $6,058,675.83. Bank of New York Mellon Corp now owns 1,588,957 shares of the asset manager’s stock valued at $40,534,000 after purchasing an additional 18,026 shares during the last quarter.

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trentdailytimes.com
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Legg Mason Inc (NYSE:LM) Expected to Post Earnings of $0.66 Per Share – Mayfield Recorder

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On average, analysts expect that Legg Mason will report full year earnings of $3.28 per share for the current financial year, with EPS estimates ranging from $2.66 to $3.90. For the next year, analysts forecast that the company will report earnings of $3.80 per share, with EPS estimates ranging from $3.11 to $4.25. Legg Mason (NYSE:LM) last issued its quarterly earnings results on Monday, May 13th. The business had revenue of $692.60 million for the quarter, compared to the consensus estimate of $699.24 million. Legg Mason had a positive return on equity of 7.30% and a negative net margin of 0.98%.

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mayfieldrecorder.com
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Legg Mason Inc (NYSE:LM) Increases Dividend to $0.40 Per Share – Tech Know Bits

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Legg Mason Inc (NYSE:LM) declared a quarterly dividend on Tuesday, May 14th, Wall Street Journal reports. Investors of record on Tuesday, July 2nd will be given a dividend of 0.40 per share by the asset manager on Monday, July 22nd. Legg Mason has raised its dividend by an average of 19.9% annually over the last three years and has increased its dividend every year for the last 9 years. Equities analysts expect Legg Mason to earn $3.82 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 41.9%.

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techknowbits.com
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Legg Mason (NYSE:LM) and Focus Financial Partners (NYSE:FOCS) Head to Head Survey – Riverton Roll

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Focus Financial Partners (NASDAQ:FOCS) and Legg Mason (NYSE:LM) are both finance companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, institutional ownership, risk, valuation, dividends, profitability and analyst recommendations. Legg Mason is trading at a lower price-to-earnings ratio than Focus Financial Partners, indicating that it is currently the more affordable of the two stocks. Focus Financial Partners presently has a consensus target price of $40.75, indicating a potential upside of 39.32%.

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rivertonroll.com
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Analysts Set Legg Mason Inc (NYSE:LM) Price Target at $33.13 – Tech Know Bits

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Shares of Legg Mason Inc (NYSE:LM) have been given a consensus recommendation of “Hold” by the eleven research firms that are currently covering the stock, Marketbeat.com reports. Zacks Investment Research upgraded shares of Legg Mason from a “hold” rating to a “buy” rating and set a $40.00 target price on the stock in a report on Monday, May 20th. The business’s quarterly revenue was down 11.8% on a year-over-year basis. As a group, equities analysts expect that Legg Mason will post 3.25 earnings per share for the current fiscal year. Large investors have recently modified their holdings of the stock. Norges Bank bought a new position in Legg Mason in the 4th quarter worth about $26,074,000. Oregon Public Employees Retirement Fund grew its stake in Legg Mason by 2,451.0% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 872,212 shares of the asset manager’s stock worth $34,000 after acquiring an additional 838,021 shares in the last quarter.

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techknowbits.com
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Saturday, July 13


News

Legg Mason Inc (NYSE:LM) Shares Acquired by Cerebellum GP LLC – Tech Know Bits

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Finally, Oregon Public Employees Retirement Fund lifted its position in Legg Mason by 2,451.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 872,212 shares of the asset manager’s stock valued at $34,000 after purchasing an additional 838,021 shares during the last quarter. Shares of Legg Mason stock traded up $0.42 on Friday, reaching $38.68. The stock has a market cap of $3.31 billion, a PE ratio of 12.72, a P/E/G ratio of 0.71 and a beta of 1.50. The company’s quarterly revenue was down 11.8% compared to the same quarter last year. As a group, equities research analysts anticipate that Legg Mason Inc will post 3.3 earnings per share for the current year.

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techknowbits.com
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Bullish Signals Shown in Legg Mason Inc (LM) Charts

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Akin to all moving averages, the angle of the Tenkan line is very important as the sharper the angle, the stronger the trend while the flatter the Tenkan, the flatter or lesser the momentum of the move is. However, it is important to not use the Tenkan line as a gauge of the trend but more so the momentum of the move. However, it can act as the first line of defense in a trend and a breaking of it in the opposite direction of the move can often be a sign of the defenses weakening. Finding that sweet spot for risk appetite may help investors get on the correct path to conquering the markets. As companies continue to report quarterly earnings, investors will be watching which companies post larger than expected surprises. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal. When certain portfolio stocks are performing poorly, investors may be prone to chase higher return stocks or move into safer stocks. As most investors know, short-term results have the ability to be somewhat misleading. The Relative Strength Index (RSI) is an often employed momentum oscillator that is used to measure the speed and change of stock price movements. When charted, the RSI can serve as a visual means to monitor historical and current strength or weakness in a certain market.

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Story Sources

stockvisionary.com
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  • Financial