Analyst Activity – Morgan Stanley Raises Its Price Target On Legg Mason (NYSE:LM) to $42.00

ME Staff
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Analyst Ratings For Legg Mason (NYSE:LM)

Today, Morgan Stanley raised its price target on Legg Mason (NYSE:LM) to $42.00 per share.

Some recent analyst ratings include

  • 1/25/2018-Citigroup Reiterated Rating of Neutral .
  • 1/10/2018-Jefferies Group was Downgraded by analysts at Jefferies Group from a “Buy ” rating to a ” Hold” rating.
  • 1/3/2018-Credit Suisse Group was Downgraded by analysts at Credit Suisse Group from a “Outperform ” rating to a ” Neutral” rating. They now have a $49.00 price target on the stock.
  • 10/17/2017-Deutsche Bank initiated coverage with a Buy rating.

Dividend information for Legg Mason (NYSE:LM)

Legg Mason (NYSE:LM) pays an annual dividend of $1.12 with a yield of 2.60% and an average dividend growth of 19.90% based on a 3 Year Average..

Dividend History for Legg Mason (NYSE:LM)

  • On 10/31/2017 Legg Mason announced a quarterly dividend of $0.28 2.91% with an ex dividend date of 12/19/2017 which will be payable on 1/15/2018.
  • On 7/26/2017 Legg Mason announced a quarterly dividend of $0.28 2.89% with an ex dividend date of 10/4/2017 which will be payable on 10/23/2017.
  • On 4/28/2017 Legg Mason announced a quarterly dividend of $0.28 3% with an ex dividend date of 6/9/2017 which will be payable on 7/10/2017.
  • On 2/1/2017 Legg Mason announced a quarterly dividend of $0.22 2.59% with an ex dividend date of 3/14/2017 which will be payable on 4/17/2017.
  • On 10/28/2016 Legg Mason announced a quarterly dividend of $0.22 3.01% with an ex dividend date of 12/12/2016 which will be payable on 1/9/2017.
  • On 7/28/2016 Legg Mason announced a quarterly dividend of $0.22 2.62% with an ex dividend date of 10/4/2016 which will be payable on 10/24/2016.
  • On 4/29/2016 Legg Mason announced a quarterly dividend of $0.22 2.76% with an ex dividend date of 6/9/2016 which will be payable on 7/5/2016.

Recent Insider Trading Activity For Legg Mason (NYSE:LM)
Legg Mason (NYSE:LM) has insider ownership of 12.70% and institutional ownership of 82.59%.

  • On 6/28/2017 Tian Qiao Chen, Director, sold 4,232,500 with an average share price of $38.43 per share and the total transaction amounting to $162,654,975.00.
  • On 5/1/2017 Terence Johnson, Insider, sold 8,777 with an average share price of $37.24 per share and the total transaction amounting to $326,855.48.
  • On 5/1/2017 Ursula Schliessler, CAO, sold 1,745 with an average share price of $37.39 per share and the total transaction amounting to $65,245.55.
  • On 3/24/2017 Terence Johnson, Insider, sold 13,325 with an average share price of $34.88 per share and the total transaction amounting to $464,776.00.
  • On 2/16/2017 Joseph A Sullivan, Chairman, sold 29,744 with an average share price of $36.06 per share and the total transaction amounting to $1,072,568.64.
  • On 2/16/2017 Thomas C Merchant, VP, sold 6,595 with an average share price of $36.06 per share and the total transaction amounting to $237,815.70.
  • On 1/18/2017 Tian Qiao Chen, Major Shareholder, bought 30,405 with an average share price of $31.58 per share and the total transaction amounting to $960,189.90.

Recent Trading Activity for Legg Mason (NYSE:LM)
Shares of Legg Mason closed the previous trading session at 43.11 down -1.18 2.66% with 42.93000030517578 shares trading hands.