Morning Technical Insight on These Asset Management Stocks -- Legg Mason, Ameriprise Financial, Franklin Resources, and Apollo Investment

NEW YORK, Nov. 29, 2017 /PRNewswire/ --

In keeping with the commitment to dynamically provide members with timely information WallStEquities.com has issued free tailored Stock Review on LM, AMP, BEN, and AINV which is a click away at www.wallstequities.com/registration. This morning's attention is towards the Asset Management industry, which is an integral component of the global Financial Services sector, responsible for professionally managing assets owned by a broad range of institutional and individual investors. Today, WallStEquities.com monitors Legg Mason Inc. (NYSE: LM), Ameriprise Financial Inc. (NYSE: AMP), Franklin Resources Inc. (NYSE: BEN), and Apollo Investment Corp. (NASDAQ: AINV). In its free research reports, Wall St. Equities offers timely insights on these equities at: www.wallstequities.com/registration

Legg Mason

Baltimore, Maryland-based Legg Mason Inc.'s shares rose 2.84%, finishing Tuesday's trading session at $39.81. A total volume of 920,454 shares was traded, which was higher than their three months average volume of 869,820 shares. In the last month and the previous three months, the stock has advanced 2.02% and 8.21%, respectively. Additionally, the Company's shares have gained 33.10% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 3.82% and 5.13%, respectively. Moreover, shares of Legg Mason, which through its subsidiaries, the firm provides investment management and related services to company-sponsored mutual funds and other investment vehicles including pension funds, foundations, endowments, sovereign wealth funds, insurance companies, private banks, family offices, individuals, as well as to global, institutional, and retail clients, have a Relative Strength Index (RSI) of 63.56.

On October 31st, 2017, Legg Mason announced that its Board of Directors has declared a quarterly cash dividend on the Company's common stock in the amount of $0.28 per share. The dividend is payable on January 15th, 2018, to shareholders of record on December 20th, 2017. Today's daily Complimentary report on LM is accessible at: www.wallstequities.com/registration/?symbol=LM

Ameriprise Financial

On Tuesday, shares in Minneapolis, Minnesota headquartered Ameriprise Financial Inc. recorded a trading volume of 1.34 million shares, which was above their three months average volume of 846,870 shares. The stock ended the session 1.57% higher at $161.75. The Company's shares have gained 0.70% in the last one month, 17.74% over the previous three months, and 45.80% on an YTD basis. The stock is trading 5.34% above its 50-day moving average and 17.82% above its 200-day moving average. Furthermore, shares of Ameriprise Financial, which through its subsidiaries, provides various financial products and services to individual and institutional clients in the US and internationally, have an RSI of 65.32.

On November 09th, 2017, Ameriprise Financial announced that for the 12th year in a row, it has earned 100% on the Human Rights Campaign Corporate Equality Index, a US benchmarking report measuring corporate policies and practices related to lesbian, gay, bisexual, transgender and queer (LGBTQ) workplace equality. The Company received a perfect score by satisfying all criteria within five categories to once again earn a "Best Place to Work" designation for LGBTQ equality. To experience our free membership services anytime/ anywhere and access the free report on AMP, click to register at: www.wallstequities.com/registration/?symbol=AMP

Franklin Resources

Shares in San Mateo, California-based Franklin Resources Inc. closed at $42.17, climbing 2.40% from the last trading session. The stock recorded a trading volume of 2.86 million shares, which was above its three months average volume of 2.38 million shares. The Company's shares have gained 6.54% since the start of this year. The stock is trading 2.12% below its 200-day moving average. Additionally, shares of Franklin Resources have an RSI of 51.56.

On November 08th, 2017, Franklin Resources reported preliminary month-end assets under management (AUM) of $750.7 billion at October 31st, 2017, compared to $753.2 billion at September 30th, 2017. The decrease in AUM was due to net outflows that were partially offset by net market gains. Preliminary average AUM for the quarter, through October 31st, 2017, were $752.0 billion. Join our big investor community at Wall St. Equities today and start so with your free report on BEN at: www.wallstequities.com/registration/?symbol=BEN

Apollo Investment

Apollo Investment Corp.'s stock ended 0.17% lower at $6.05 with a total trading volume of 710,605 shares. The Company's shares have advanced 1.51% in the last one month and 3.24% on an YTD basis. The stock is trading above its 50-day moving average by 0.30%. Furthermore, shares of Apollo Investment, which specializes in middle market companies, have an RSI of 49.08.

On November 07th, 2017, research firm Raymond James upgraded the Company's stock rating from 'Market Perform' to 'Outperform'. Know more about AINV in our free research coverage at: www.wallstequities.com/registration/?symbol=AINV

Wall St. Equities:

Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

WSE has not been compensated; directly or indirectly; for producing or publishing this document.


The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@wallstequities.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.


WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.


This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit https://wallstequities.com/legal-disclaimer/


For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@wallstequities.com
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

View original content:http://www.prnewswire.com/news-releases/morning-technical-insight-on-these-asset-management-stocks----legg-mason-ameriprise-financial-franklin-resources-and-apollo-investment-300563461.html

SOURCE Wall St. Equities