D. E. Shaw & Co. Inc. has increased holdings in
Franklin Resources, Inc. (BEN). Meanwhile,
Franklin Templeton has announced the distribution calendar for income-focused closed-end funds. Acknowledging potential market challenges,
Franklin Resources has been recognized as attractively priced. Analysts have also given BEN stock an upgraded rating, while its Q2 earnings are said to be on par with Wall Street estimates. Other highlights include large shares acquisitions by companies like
Deutsche Bank AG and
Mork Capital Management LLC, and a predicted earnings decline. Despite this,
Franklin Resources is seen as a viable investment for passive income. Additionally, insiders have reportedly purchased considerable stock, and it has enjoyed a high dividend yield in unpredictable market conditions.
Franklin Resources has had its target price boosted, but concerns remain over its earnings decline and being viewed as a potential dividend trap. It's important to note,
Frank Franklin Resources is among the best dividend stocks under $30 with a yield above 3%.
Franklin Resources BEN News Analytics from Sat, 31 Aug 2024 07:00:00 GMT to Sat, 17 May 2025 16:23:23 GMT -
Rating 4
- Innovation 2
- Information 6
- Rumor -2
