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NYA:LM, Sep 22, 11:29 UTC

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Friday, August 23


News

Here’s Why Legg Mason Low Volatility High Dividend ETF (LVHD) Jumped Up 0.2% – Merakhaber News

LM

In its most recent trading session, Legg Mason Low Volatility High Dividend ETF (LVHD) spiked up by 0.2% – here is what that looked like (as of 2019-08-23):. What is the cause of all this?? To grasp this action better, it is helpful to analyze some technical indicators. A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.0, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.19, an Accumulation/Distribution Index (ADI) of 0.19, an On-Balance Volume (OBV) of 205.555, and a Chaiikin Money Flow (CMF) of 32.29. You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.

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merakhaber.com
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Credit Suisse Group Raises Legg Mason (NYSE:LM) Price Target to $42.00 – Mayfield Recorder

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Legg Mason (NYSE:LM) had its price target increased by Credit Suisse Group from $39.00 to $42.00 in a research note issued to investors on Tuesday, August 6th, BenzingaRatingsTable reports. The firm presently has a “neutral” rating on the asset manager’s stock. The company’s revenue for the quarter was down 5.7% on a year-over-year basis. As a group, sell-side analysts expect that Legg Mason will post 3.64 earnings per share for the current year. Invesco Ltd. now owns 1,527,542 shares of the asset manager’s stock valued at $58,474,000 after buying an additional 1,141,841 shares during the period. Norges Bank purchased a new stake in shares of Legg Mason in the 4th quarter valued at approximately $26,074,000.

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mayfieldrecorder.com
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Thursday, August 22


News

Weiss Asset Management LP Holding in Kayne Andersn Mlp Mids Invt (KYN) Upped by $1.72 Million; Vident Investment Advisory Has Boosted Its Legg Mason (LM) Position by $454,329

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Vident Investment Advisory Llc bought 16,827 shares as the company’s stock rose 11.39% . The institutional investor held 83,823 shares of the finance company at the end of 2019Q1, valued at $2.29 million, up from 66,996 at the end of the previous reported quarter. It also reduced its holding in Seabridge Gold Inc (NYSE:SA) by 357,416 shares in the quarter, leaving it with 1.12M shares, and cut its stake in Vectoiq Acquisition Corp. Investors sentiment increased to 1.05 in Q1 2019. More notable recent Kayne Anderson MLP/Midstream Investment Company (NYSE:KYN) news were published by: Globenewswire.com which released: “Kayne Anderson MLP/Midstream Investment Company Announces Monthly Distribution Amounts and Dates for July, August and September 2019 – GlobeNewswire” on June 27, 2019, also Globenewswire.com with their article: “KYN Announces Name Change to Kayne Anderson MLP/Midstream Investment Company – GlobeNewswire” published on July 30, 2018, Globenewswire.com published: “Kayne Anderson Closed-End Funds File 2018 Annual Reports – GlobeNewswire” on January 25, 2019.

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nbonews.com
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Eidelman Virant Capital Increases Holding in Churchill Downs (CHDN); Clarkston Capital Partners Stake in Legg Mason (LM) Has Lifted as Stock Value Rose

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It has outperformed by 27.40% the S&P500. Some Historical CHDN News: 07/05/2018 – CHURCHILL DOWNS – CO, ELDORADO RESORTS RECEIVED REQUEST FOR ADDITIONAL INFORMATION FROM FTC RELATED WITH REVIEW OF LADY LUCK VICKSBURG TRANSACTION; 16/05/2018 – CHDN IN PACT WITH SBTECH TO UTILIZE INTEGRATED TECH PLATFORM; 25/04/2018 – One Cerveza, Two Reasons to Fiesta: Celebrate Cinco de Mayo and the Kentucky Derby® with Corona Extra®; 16/05/2018 – CHURCHILL DOWNS INC – PARTNERSHIP WILL ENABLE CDI TO ENTER MISSISSIPPI FOR SPORTS WAGERING; 25/04/2018 – CHURCHILL DOWNS 1Q NET REV. The institutional investor held 4.82 million shares of the finance company at the end of 2019Q1, valued at $132.06 million, up from 4.66 million at the end of the previous reported quarter. Announces Financial Position as of February 28, 2018; 25/04/2018 – Legg Mason Cash Position Was $736.1 Million at March 31; 06/04/2018 – LEGG MASON INC LM.N : DEUTSCHE BANK RAISES TARGET PRICE TO $49 FROM $46; 10/04/2018 – Should Investors Stay in Equities – Or Look Elsewhere for Alpha? More notable recent Legg Mason, Inc. (NYSE:LM) news were published by: Finance.Yahoo.com which released: “Legg Mason Inc (LM) Q1 2020 Earnings Call Transcript – Yahoo Finance” on August 02, 2019, also Seekingalpha.com with their article: “Trian close to settlement with Legg Mason – WSJ – Seeking Alpha” published on May 17, 2019, Finance.Yahoo.com published: “Did Hedge Funds Drop The Ball On Legg Mason, Inc. (LM) ?

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enherald.com
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Legg Mason Inc (NYSE:LM) Shares Sold by State Treasurer State of Michigan – Sundance Herald

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State Treasurer State of Michigan lessened its stake in Legg Mason Inc (NYSE:LM) by 16.1% during the 2nd quarter, according to its most recent disclosure with the SEC. Finally, Royal Bank of Canada boosted their price objective on shares of Legg Mason to $39.00 and gave the company an “in-line” rating in a research report on Tuesday, May 14th. The stock has a market cap of $3.20 billion, a price-to-earnings ratio of 12.26, a price-to-earnings-growth ratio of 0.70 and a beta of 1.49. During the same period in the prior year, the business posted $0.75 earnings per share. As a group, equities research analysts forecast that Legg Mason Inc will post 3.64 earnings per share for the current year.

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sundanceherald.com
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As Legg Mason (LM) Share Value Rose, Chicago Equity Partners Upped by $4.75 Million Its Position; Tdam Usa Upped American Intl Group (AIG) Holding by $929,187 as Market Valuation Rose

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The institutional investor held 153,591 shares of the finance company at the end of 2019Q1, valued at $6.61 million, up from 131,982 at the end of the previous reported quarter. It has outperformed by 1.91% the S&P500. Some Historical AIG News: 07/05/2018 – BILLIONAIRE INVESTOR CARL ICAHN HAS SOLD HIS LARGE STAKE IN AIG – FORBES, CITING; 28/03/2018 – American International Group paid its new chief executive Brian Duperreault $43.1 million last year, a securities filing showed; 09/05/2018 – AIG – SHAREHOLDERS ALSO VOTED TO SUPPORT EACH OF TWO PROPOSALS RECOMMENDED BY AIG BOARD; 19/03/2018 – AIG FILES FOR POTENTIAL FIXED-TO-FLOATING RATE SERIES A-9 JUNIOR SUBORDINATED DEBENTURES DUE 2048, SIZE NOT DISCLOSED – SEC FILING; 02/05/2018 – AIG Had About $2 Billion Remaining Under Share Repurchase Authorization as of May 2; 17/05/2018 – S&PGR Affirms AIG Ratings; Outlook Negative; 22/03/2018 – Monteverde & Associates PC Announces An Investigation Of Validus Holdings, Ltd. – VR; 29/05/2018 – AIG SEES CONTINUED GROWTH IN PENSION RISK TRANSFER MARKET; 24/05/2018 – AIG SAYS ERIC ZHENG LEAVING CO. TO PURSUE OTHER OPPORTUNITIES; 09/05/2018 – AIG – SHAREHOLDERS ELECTED ELEVEN DIRECTORS AT COMPANY’S ANNUAL MEETING OF SHAREHOLDERS. Chicago Equity Partners Llc bought 175,925 shares as the company’s stock rose 11.39% . More notable recent Legg Mason, Inc. (NYSE:LM) news were published by: Seekingalpha.com which released: “Legg Mason Q1 2020 Earnings Preview – Seeking Alpha” on July 31, 2019, also Prnewswire.com with their article: “Legg Mason Reports Assets Under Management and Flows for July 2019 – PRNewswire” published on August 12, 2019, Bizjournals.com published: “Under Armour, T. Rowe Price see shares fall amid Wall Street’s very bad day – Baltimore Business Journal” on August 05, 2019.

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Dupont Capital Management Corp Sells 10,603 Shares of Legg Mason Inc (NYSE:LM) – Sundance Herald

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Los Angeles Capital Management & Equity Research Inc. now owns 336,960 shares of the asset manager’s stock worth $12,899,000 after buying an additional 38,090 shares during the period. Credit Suisse Group upped their price objective on Legg Mason from $39.00 to $42.00 and gave the company a “neutral” rating in a research note on Tuesday, August 6th. The company’s stock had a trading volume of 5,145 shares, compared to its average volume of 716,153. During the same period last year, the company posted $0.75 EPS. As a group, equities analysts expect that Legg Mason Inc will post 3.64 EPS for the current fiscal year.

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sundanceherald.com
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Signal Scope: Wilder Moving Average is Above SMA 50 on Shares of Legg Mason Inc (LM) – Goodwell Gazette

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Traders watching this line may be looking for a possible strong near-term trend forming. It is wise to remember that market fluctuations can happen at any time for many various reasons. Sometimes it may not be evident of why the market moved until long after the scene has played out. Repeatedly trying to find the tops or bottoms is not an easy task. Even the most seasoned investors may not be able to successfully time the market. Tracking other technical indicators, the 14-day RSI is presently standing at 48.36, the 7-day sits at 44.94, and the 3-day is resting at 37.32 for Legg Mason Inc (LM).

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goodwellgazette.com
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Legg Mason Inc (NYSE:LM) Stock Is Shorted Less

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It is positive, as 23 investors sold Legg Mason, Inc. shares while 67 reduced holdings. 70.12 million shares or 1.47% more from 69.10 million shares in 2018Q4 were reported. New York-based Tiaa Cref Mgmt Limited Liability Corp has invested 0.01% in Legg Mason, Inc. (NYSE:LM). Natixis holds 0.02% in Legg Mason, Inc. (NYSE:LM) or 87,222 shares.

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investtribune.com
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Legg Mason Inc (NYSE:LM) Expected to Post Earnings of $0.90 Per Share – Mayfield Recorder

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Two analysts have provided estimates for Legg Mason’s earnings, with the highest EPS estimate coming in at $1.03 and the lowest estimate coming in at $0.84. On average, analysts expect that Legg Mason will report full-year earnings of $3.64 per share for the current fiscal year, with EPS estimates ranging from $3.51 to $3.85. For the next year, analysts forecast that the business will post earnings of $3.92 per share, with EPS estimates ranging from $3.64 to $4.25. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that follow Legg Mason. FMR LLC now owns 1,295,605 shares of the asset manager’s stock valued at $33,051,000 after buying an additional 68,895 shares in the last quarter. Norges Bank acquired a new position in shares of Legg Mason in the 4th quarter valued at approximately $26,074,000.

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mayfieldrecorder.com
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  • Financial