Analyst Downgrades – BEN – Franklin Resources (NYSE:BEN) Stock Gets Downgraded By Bank of America from Buy to Hold

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Analyst Ratings For BEN – Franklin Resources (NYSE:BEN)

Today, BEN – Franklin Resources (NYSE:BEN) stock was downgraded by Bank of America from Buy to Hold with a price target of $37.00.

Some recent analyst ratings include

  • 4/9/2018-Bank of America was Downgraded by analysts at Bank of America from a “Buy ” rating to a ” Hold” rating. They now have a $37.00 price target on the stock.
  • 12/22/2017-Keefe, Bruyette & Woods Reiterated Rating of Hold.
  • 9/8/2017-Barclays initiated coverage with a Underweight rating.

Dividend information for BEN – Franklin Resources (NYSE:BEN)

BEN – Franklin Resources (NYSE:BEN) pays an annual dividend of $0.92 with a yield of 2.78% and an average dividend growth of 18.60% based on a 3 Year Average..

Dividend History for BEN – Franklin Resources (NYSE:BEN)

  • On 2/14/2018 BEN – Franklin Resources announced a special dividend of $3.00 2.35% with an ex dividend date of 3/28/2018 which will be payable on 4/12/2018.
  • On 12/12/2017 BEN – Franklin Resources announced a quarterly dividend of $0.23 2.11% with an ex dividend date of 12/22/2017 which will be payable on 1/10/2018.
  • On 8/23/2017 BEN – Franklin Resources announced a quarterly dividend of $0.20 1.89% with an ex dividend date of 9/28/2017 which will be payable on 10/13/2017.
  • On 6/14/2017 BEN – Franklin Resources announced a quarterly dividend of $0.20 1.8% with an ex dividend date of 6/28/2017 which will be payable on 7/14/2017.
  • On 2/15/2017 BEN – Franklin Resources announced a quarterly dividend of $0.20 1.89% with an ex dividend date of 3/29/2017 which will be payable on 4/13/2017.
  • On 12/14/2016 BEN – Franklin Resources announced a quarterly dividend of $0.20 2.04% with an ex dividend date of 12/28/2016 which will be payable on 1/13/2017.
  • On 9/6/2016 BEN – Franklin Resources announced a quarterly dividend of $0.18 1.97% with an ex dividend date of 9/28/2016 which will be payable on 10/14/2016.

Recent Insider Trading Activity For BEN – Franklin Resources (NYSE:BEN)
BEN – Franklin Resources (NYSE:BEN) has insider ownership of 22.20% and institutional ownership of 46.94%.

  • On 12/21/2017 Jed A. Plafker, Insider, sold 7,790 with an average share price of $43.92 per share and the total transaction amounting to $342,136.80.
  • On 12/19/2017 Gregory E Johnson, Chairman, sold 49,988 with an average share price of $43.58 per share and the total transaction amounting to $2,178,477.04.
  • On 12/1/2017 Rupert H Johnson Jr, Vice Chairman, sold 400,000 with an average share price of $42.95 per share and the total transaction amounting to $17,180,000.00.
  • On 10/30/2017 Gregory E Johnson, Chairman, sold 56,825 with an average share price of $42.83 per share and the total transaction amounting to $2,433,814.75.
  • On 6/22/2017 Kenneth A Lewis, CFO, sold 17,141 with an average share price of $44.51 per share and the total transaction amounting to $762,945.91.
  • On 3/16/2017 Jennifer M Johnson, Insider, sold 16,835 with an average share price of $43.90 per share and the total transaction amounting to $739,056.50.
  • On 2/27/2017 Gregory E Johnson, Chairman, sold 25,000 with an average share price of $43.18 per share and the total transaction amounting to $1,079,500.00.

Recent Trading Activity for BEN – Franklin Resources (NYSE:BEN)
Shares of BEN – Franklin Resources closed the previous trading session at 33.26 up +0.02 0.06% with 33.33000183105469 shares trading hands.