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Winslow Asset Management Has Lowered Franklin Res Com (BEN) Holding; LKQ (LKQ) Sentiment Is 1.16

Franklin Resources, Inc. (NYSE:BEN) Logo

LKQ Corp (LKQ) investors sentiment increased to 1.16 in 2017 Q4. It’s up 0.24, from 0.92 in 2017Q3. The ratio is more positive, as 224 active investment managers increased and opened new positions, while 193 reduced and sold stock positions in LKQ Corp. The active investment managers in our database now possess: 275.57 million shares, up from 273.62 million shares in 2017Q3. Also, the number of active investment managers holding LKQ Corp in top ten positions increased from 12 to 15 for an increase of 3. Sold All: 27 Reduced: 166 Increased: 147 New Position: 77.

Winslow Asset Management Inc decreased Franklin Res Inc Com (BEN) stake by 17.97% reported in 2017Q4 SEC filing. Winslow Asset Management Inc sold 24,430 shares as Franklin Res Inc Com (BEN)’s stock declined 14.35%. The Winslow Asset Management Inc holds 111,528 shares with $4.83M value, down from 135,958 last quarter. Franklin Res Inc Com now has $18.30B valuation. The stock decreased 1.74% or $0.6 during the last trading session, reaching $33.87. About 1.90 million shares traded. Franklin Resources, Inc. (NYSE:BEN) has declined 8.47% since May 24, 2017 and is downtrending. It has underperformed by 20.02% the S&P500.

Among 16 analysts covering Franklin Resources Inc. (NYSE:BEN), 0 have Buy rating, 4 Sell and 12 Hold. Therefore 0 are positive. Franklin Resources Inc. had 96 analyst reports since July 31, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained Franklin Resources, Inc. (NYSE:BEN) on Wednesday, July 5 with “Hold” rating. The firm has “Hold” rating given on Thursday, August 17 by Jefferies. Barclays Capital maintained the stock with “Underweight” rating in Tuesday, August 9 report. Bank of America downgraded Franklin Resources, Inc. (NYSE:BEN) rating on Monday, April 9. Bank of America has “Hold” rating and $3700 target. Citigroup maintained the shares of BEN in report on Friday, July 29 with “Neutral” rating. Citigroup maintained it with “Neutral” rating and $38 target in Thursday, June 9 report. Morgan Stanley maintained it with “Underweight” rating and $35 target in Tuesday, April 10 report. The stock of Franklin Resources, Inc. (NYSE:BEN) has “Hold” rating given on Wednesday, October 7 by Jefferies. As per Wednesday, January 10, the company rating was maintained by Jefferies. Deutsche Bank maintained the shares of BEN in report on Thursday, June 16 with “Hold” rating.

Investors sentiment increased to 0.85 in Q4 2017. Its up 0.01, from 0.84 in 2017Q3. It increased, as 34 investors sold BEN shares while 195 reduced holdings. 61 funds opened positions while 133 raised stakes. 247.49 million shares or 3.08% more from 240.11 million shares in 2017Q3 were reported. Zurcher Kantonalbank (Zurich Cantonalbank) owns 0.02% invested in Franklin Resources, Inc. (NYSE:BEN) for 61,207 shares. Shell Asset holds 0.02% or 23,418 shares in its portfolio. Wellington Mgmt Ltd Liability Partnership reported 12,848 shares or 0% of all its holdings. Fjarde Ap, a Alabama-based fund reported 99,747 shares. Connor Clark Lunn Management Ltd accumulated 50,825 shares. Vanguard Grp Incorporated Inc owns 0.05% invested in Franklin Resources, Inc. (NYSE:BEN) for 27.34M shares. Livforsakringsbolaget Skandia Omsesidigt, Sweden-based fund reported 5,063 shares. Nuwave Invest Mgmt Ltd Liability Co holds 7,717 shares. Arizona State Retirement System has 132,808 shares. Stifel Corporation has 0.02% invested in Franklin Resources, Inc. (NYSE:BEN). Fin Architects holds 0.02% in Franklin Resources, Inc. (NYSE:BEN) or 2,570 shares. Robeco Institutional Asset Mngmt Bv holds 0.09% or 412,334 shares in its portfolio. Jpmorgan Chase holds 0.01% or 1.00 million shares in its portfolio. Kiltearn Prtn Llp holds 7.06% or 6.52 million shares in its portfolio. Jefferies Limited Com accumulated 187,993 shares.

Analysts await Franklin Resources, Inc. (NYSE:BEN) to report earnings on July, 27. They expect $0.76 earnings per share, up 4.11% or $0.03 from last year’s $0.73 per share. BEN’s profit will be $410.56M for 11.14 P/E if the $0.76 EPS becomes a reality. After $0.78 actual earnings per share reported by Franklin Resources, Inc. for the previous quarter, Wall Street now forecasts -2.56% negative EPS growth.

More news for Franklin Resources, Inc. (NYSE:BEN) were recently published by: Globenewswire.com, which released: “Franklin Resources, Inc. Announces Month-End Assets Under Management” on May 08, 2018. Globenewswire.com‘s article titled: “Franklin Resources, Inc. Announces Second Quarter Results” and published on April 26, 2018 is yet another important article.

More important recent LKQ Corporation (NASDAQ:LKQ) news were published by: Nasdaq.com which released: “LKQ Corporation to Present at Upcoming Investor Conferences” on May 17, 2018, also Seekingalpha.com published article titled: “LKQ Corporation 2018 Q1 – Results – Earnings Call Slides”, Nasdaq.com published: “LKQ Corporation Announces Results for First Quarter 2018” on April 26, 2018. More interesting news about LKQ Corporation (NASDAQ:LKQ) was released by: Fool.com and their article: “Cost Pressures Punish LKQ” with publication date: April 26, 2018.

Since January 1, 0001, it had 0 insider purchases, and 6 insider sales for $6.00 million activity.

LKQ Corporation, together with its subsidiaries, distributes replacement parts, components, and systems used in the repair and maintenance of vehicles in North America, Europe, and Taiwan. The company has market cap of $9.22 billion. It operates in three divisions: North America, Europe, and Specialty. It has a 17.33 P/E ratio. The firm distributes bumper covers, automotive body panels, lights, and automotive glass products, such as windshields; salvage products, including mechanical and collision parts comprising engines, transmissions, door assemblies, sheet metal products, lights, and bumper assemblies; scrap metal and other materials to metals recyclers; and brake pads, discs and sensors, clutches, steering and suspension products, filters, and oil and automotive fluids, as well as electrical products, including spark plugs and batteries.

Ratings analysis reveals 100% of LKQ’s analysts are positive. Out of 2 Wall Street analysts rating LKQ, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $41.0 while the high is $42.0. The stock’s average target of $41.50 is 39.40% above today’s ($29.77) share price. LKQ was included in 2 notes of analysts from August 26, 2016. JP Morgan initiated the shares of LKQ in report on Tuesday, February 21 with “Overweight” rating. The stock of LKQ Corporation (NASDAQ:LKQ) earned “Positive” rating by Susquehanna on Friday, August 26.

The stock decreased 1.26% or $0.38 during the last trading session, reaching $29.77. About 2.02 million shares traded. LKQ Corporation (LKQ) has risen 27.90% since May 24, 2017 and is uptrending. It has outperformed by 16.35% the S&P500.

Analysts await LKQ Corporation (NASDAQ:LKQ) to report earnings on July, 26. They expect $0.59 earnings per share, up 11.32% or $0.06 from last year’s $0.53 per share. LKQ’s profit will be $182.73 million for 12.61 P/E if the $0.59 EPS becomes a reality. After $0.55 actual earnings per share reported by LKQ Corporation for the previous quarter, Wall Street now forecasts 7.27% EPS growth.

Franklin Resources, Inc. (NYSE:BEN) Institutional Positions Chart

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