Quotidian Technical Highlights on Selected Asset Management Stocks -- BlackRock Capital Investment, Evercore, Financial Engines, and Franklin Resources

Loading...
Loading...

Quotidian Technical Highlights on Selected Asset Management Stocks -- BlackRock Capital Investment, Evercore, Financial Engines, and Franklin Resources

PR Newswire

NEW YORK, May 3, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on BKCC, EVR, FNGN, and BEN which can be accessed for free by signing up to www.wallstequities.com/registration. Pre-market, WallStEquities.com revisits the Asset Management sector, which links long-term savings to investments in the wider economy. Four stocks have been lined up for assessment this morning, and they are: BlackRock Capital Investment Corp. BKCC, Evercore Inc. EVR, Financial Engines Inc. FNGN, and Franklin Resources Inc. BEN. All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

BlackRock Capital Investment

On Wednesday, shares in BlackRock Capital Investment Corp. recorded a trading volume of 355,501 shares. The stock ended at $6.24, rising slightly by 0.16% from the last trading session. The Company's shares have gained 3.31% in the last month and 4.70% over the previous three months. The stock is trading above its 50-day moving average by 4.75%. Furthermore, shares of the Company, which specializes in investments in middle market companies, have a Relative Strength Index (RSI) of 56.68. 

On April 30th, 2018, BlackRock Capital Investment announced that James Keenan, Chairman, has been appointed CEO of the Company. Mr. Keenan, who is also Chief Investment Officer and Global Co-Head for BlackRock Global Credit, will hold that role on an interim basis, while the appropriate succession process is completed. He succeeds Michael Zugay as CEO. Get the full research report on BKCC for free by clicking below at:

www.wallstequities.com/registration/?symbol=BKCC

Evercore

New York headquartered Evercore Inc.'s stock finished yesterday's session 0.15% higher at $102.75 with a total trading volume of 577,660 shares. The Company's shares have gained 15.58% in the last month, 2.19% over the previous three months, and 37.73% over the past year. The stock is trading above its 50-day and 200-day moving averages by 10.32% and 19.78%, respectively. Furthermore, shares of Evercore, which together with its subsidiaries, operates as an independent investment banking advisory firm in the US, Europe, Latin America, and internationally, have an RSI of 71.99. 

On April 23rd, 2018, Evercore announced that Wilco Faessen will join the Firm's Investment Banking business in June as a Senior Managing Director in its Advisory practice. Mr. Faessen will be based in New York and, in partnership with Adam Taetle, will lead the Firm's Global Consumer and Retail Group. The free technical report on EVR can be accessed at:

www.wallstequities.com/registration/?symbol=EVR

Financial Engines

At the close of trading on Wednesday, shares in Sunnyvale, California headquartered Financial Engines Inc. ended the day flat at $44.50. The stock recorded a trading volume of 2.25 million shares, which was above its three months average volume of 570,080 shares. The Company's shares have advanced 37.77% in the last month, 56.41% in the previous three months, and 4.34% over the past year. The stock is trading 29.75% and 36.50% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Financial Engines, which provides independent technology-enabled financial advisory, discretionary portfolio management, personalized investment advice, financial and retirement income planning, and financial education and guidance services in the US, have an RSI of 80.72. 

On April 25th, 2018, Financial Engines announced that it will issue a press release with its Q1 2018 financial results after the market close on May 09th, 2018. Larry Raffone, President and CEO, and Craig Foster, CFO, will host a conference call at 5:00 p.m. ET that same day to discuss the results.

On May 01st, 2018, research firm Jefferies downgraded the Company's stock rating from 'Buy' to 'Hold'. Sign up for free on Wall St. Equities and claim the latest report on FNGN at:

www.wallstequities.com/registration/?symbol=FNGN

Franklin Resources

San Mateo, California-based Franklin Resources Inc.'s shares ended the day 1.51% lower at $32.53 with a total trading volume of 3.94 million shares. The stock is trading 6.39% below its 50-day moving average. Shares of the Company, which through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships, have an RSI of 37.50. 

On April 09th, 2018, research firm Bank of America/ Merrill downgraded the Company's stock rating from 'Buy' to 'Neutral'.

On April 26th, 2018, Franklin Resources announced its results for the second quarter ended March 31st, 2018. Net income for Q2 2018 was $443.2 million, operating revenues were $1,617.8 million, operating income was $555.7 million. As on March 31st, 2018, total assets under management were $737.5 billion, and cash and cash equivalents and investments were $10.1 billion. See the free research coverage on BEN at:

www.wallstequities.com/registration/?symbol=BEN

--

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. 

PRESS RELEASE PROCEDURES:

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.  

NO WARRANTY

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. 

NOT AN OFFERING

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/

CONTACT

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/quotidian-technical-highlights-on-selected-asset-management-stocks----blackrock-capital-investment-evercore-financial-engines-and-franklin-resources-300641926.html

SOURCE Wall St. Equities

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: FintechOpinionPress ReleasesBanking/Financial ServicesPublishing/Information Services
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!
fintech-banner
Fintech Focus Newsletter

Your update on what’s going on in the Fintech space. Keep up-to-date with news, valuations, mergers, funding, and events. Sign up today!


Loading...