Analysts See $0.68 EPS for Legg Mason Inc (LM)

Hsbc Public Limited Co has 0% invested in Legg Mason Inc (NYSE:LM).

Analysts await Legg Mason Inc (NYSE:LM) to report earnings on October, 27. The institutional investor owned 26,366 shares of the asset manager's stock after selling 2,971 shares during the quarter. Laurion Capital Management LP acquired a new position in Legg Mason in the second quarter valued at $37,103,000. BlackRock Inc. raised its holdings in shares of Legg Mason by 1,729.5% in the first quarter. About shares traded. Legg Mason Inc (NYSE:LM) has risen 21.07% since October 26, 2016 and is uptrending. Finally, Geode Capital Management LLC lifted its holdings in Legg Mason by 2.4% in the 1st quarter. Integrated Investment Consultants LLC now owns 3,175 shares of the company's stock valued at $102,000 after buying an additional 325 shares during the period. (LM) opened at 38.70 on Friday. The stock has a 50 day moving average price of $38.14 and a 200 day moving average price of $38.25. North Star Asset Mngmt reported 0.03% in Legg Mason Inc (NYSE:LM). The company has market cap of $3.53 billion. (NASDAQ:LM) to report earnings on Oct, 25 for the fiscal quarter ending Sep 2017.

In terms of earnings per share, 9 analysts have a 0.63 EPS mean target for the quarter ending Mar-17, for the quarter ending Jun-18, 7 analysts have a 0.73 EPS mean target and for the quarter ending Jun-18 there are 10 estimates of 2.07 EPS. The firm had revenue of $768.30 million during the quarter, compared to analysts' expectations of $739.47 million. Legg Mason had a net margin of 8.21% and a return on equity of 6.84%. The company's quarterly revenue was up 2.7% on a year-over-year basis. They expect $0.68 EPS, up 7.94% or $0.05 from last year's $0.63 per share. Moreover, Parametric Portfolio Assocs Ltd Limited Liability Company has 0.02% invested in Legg Mason BW Global Income Opptys Fund (NYSE:BWG) for 40,973 shares.

COPYRIGHT VIOLATION WARNING: "Legg Mason, Inc". If you are accessing this article on another website, it was illegally stolen and republished in violation of US and global copyright law.

Legg Mason (NYSE:LM) last released its earnings results on Wednesday, July 27th.

Several brokerages recently issued reports on LM. RBC Capital Markets maintained it with "Buy" rating and $4700 target in Thursday, July 27 report. Royal Bank Of Canada set a $47.00 price objective on Legg Mason and gave the stock a "buy" rating in a report on Wednesday, October 18th. They issued an "outperform" rating and a $45.00 price objective on the stock. Zacks Investment Research lowered Legg Mason from a hold rating to a strong sell rating in a report on Monday, July 4th. Keefe, Bruyette & Woods reaffirmed a "buy" rating and issued a $47.00 price target on shares of Legg Mason in a research note on Friday, September 29th.

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. Legg Mason now has an average rating of "Hold" and an average price target of $43.11. Also, the number of institutional investors holding Legg Mason BW Global Income Opportunities Fund Inc in their top 10 stock positions was flat from 1 to 1 for the same number. The Company and its subsidiaries are principally engaged in providing asset management and related financial services to individuals, institutions, corporations and municipalities.

Legg Mason BW Global Income Opportunities Fund a non-diversified, closed-end management investment company.

Like this


27 October 2017
Sonia Gandhi hospitalised after complaining of stomach pain
The 70-year-old Congress president is now under observation. "Mrs Sonia Gandhi has been found to be suffering from upset stomach". Gandhi has faced past health problems, but her party has long kept a veil over her personal health.

27 October 2017
Cardi B Sued For $5M By Model On Her Mixtape Cover
But before the week could come to a full close, Cardi B's past may be catching up with her. He wants $ 5 million from Cardi and her managers.

27 October 2017
Israel takes gold in Abu Dhabi Grand Slam, but flag isn't raised
He then sings the "Hatikvah" to himself, although his voice is drowned out by the IJF music. There have been other instances of Israelis facing disparaging treatment at sporting events.

27 October 2017
Sushma Swaraj requests WCD minister to probe Sherin Mathews's adoption process
Sini is a registered nurse, and investigators have focused on why Wesley did not alert Sini as Sherin started to choke. While the search was going on, Mathews stuck to the story about Sherin's punishment and mysterious disappearance.

27 October 2017
PGGM Investments Lowers Position in The Goodyear Tire & Rubber Company (GT)
ValuEngine lowered The Goodyear Tire & Rubber from a "strong-buy" rating to a "buy" rating in a report on Friday, July 28th. The company reported $0.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.75 by ($0.05).

27 October 2017
Regular marijuana use linked to more sex, Stanford study finds
He assumed that smoking cannabis was like smoking tobacco, which is known to interfere with sexual performance. In other words, pot users are having about 20 percent more sex than pot abstainers, Eisenberg noted.

27 October 2017
Simon Cowell 'rushed to hospital after accident at home'
Simon's Groups category are due to perform Saturday night, against the Overs category mentored by Nicole Scherzinger. An ambulance was called and he was stretchered out of the house in a neck brace surrounded by anxious aides'.

27 October 2017
First Bancorp (FBNC) Hits New 52-Week High Following Analyst Upgrade
Besides the branches and lending offices, the Corporation has offered a telephone information service called Telebanco since 1983. Following the sale, the insider now directly owns 74,170 shares of the company's stock, valued at approximately $1,905,427.30.

27 October 2017
Analysts See $1.22 EPS for Norbord Inc (OSB)
Strs Ohio holds 2.83% or 4.41M shares in its portfolio. $6.92 million worth of Apple Inc. (NASDAQ:AAPL) on Tuesday, May 23. Commonwealth Bancorporation Of holds 0.02% of its portfolio in Trinity Industries Inc (NYSE:TRN) for 68,700 shares.

27 October 2017
Space rock from another galaxy screams through Solar System
Astronomers are trying to study A/2017 U1 with a number of different telescopes before the object disappears from view forever. It was detected by the scientists last week on 19th October by using the Pan-STARRS 1 telescope which is located in Hawaii.