Weekly Legg Mason, Inc. (NYSE:LM) Ratings on May 17, 2018

May 17, 2018 - By Elizabeth Jones

Legg Mason, Inc. (NYSE:LM) Corporate Logo
Big Money Sentiment increased to 1.52 in 2017 Q4. It has change of 0.51, from 2017Q3’s 1.01. The ratio improved due to Legg Mason, Inc. positioning: 20 sold and 88 reduced. 60 funds acquired stakes and 104 increased stakes. Investors holded 74.95 million in 2017Q3 but now own 74.56 million shares or 0.52% less.
Dumont Blake Investment Advisors Lc has invested 0.1% in Legg Mason, Inc. (NYSE:LM). New Jersey Better Educational Savings invested in 12,000 shs. Parkside Retail Bank And Tru has 63 shs. Boston Prtnrs invested in 0.01% or 104,000 shs. First Quadrant L P Ca owns 68,832 shs for 0.05% of their capital. Ubs Asset Americas holds 0.01% or 148,429 shs. Financial Bank Of Montreal Can owns 8,215 shs. Metropolitan Life Ins Co holds 0.01% or 25,283 shs in its capital. Brinker Capital reported 12,674 shs. Illinois-based Citadel Advisors Limited Co has invested 0% in Legg Mason, Inc. (NYSE:LM). First Citizens State Bank & Tru Com has invested 0.04% of its capital in Legg Mason, Inc. (NYSE:LM). Great West Life Assurance Can has 50,202 shs. State Of Wisconsin Invest Board reported 16,963 shs or 0% of all its holdings. Captrust Fincl Advsr reported 420 shs stake. Olstein Capital Mgmt Limited Partnership owns 1.95% invested in Legg Mason, Inc. (NYSE:LM) for 365,670 shs.

Legg Mason, Inc. (NYSE:LM) Ratings Coverage

In total 9 analysts cover Legg Mason (NYSE:LM). “Buy” rating has 3, “Sell” are 2, while 4 are “Hold”. 33% are bullish. 19 are the (NYSE:LM)’s analyst reports since December 15, 2017 according to StockzIntelligence Inc. On Thursday, January 25 the firm earned “Neutral” rating by Citigroup. On Friday, December 15 RBC Capital Markets maintained Legg Mason, Inc. (NYSE:LM) with “Buy” rating. In Thursday, January 25 report Bank of America maintained it with “Underperform” rating and $44 target. In Wednesday, April 25 report Jefferies maintained it with “Hold” rating and $4100 target. On Thursday, December 21 the rating was maintained by Keefe Bruyette & Woods with “Buy”. On Wednesday, January 24 Jefferies maintained Legg Mason, Inc. (NYSE:LM) with “Hold” rating. On Thursday, April 26 the company was maintained by Credit Suisse. On Wednesday, April 25 RBC Capital Markets maintained Legg Mason, Inc. (NYSE:LM) with “Buy” rating. On Wednesday, January 3 the firm has “Neutral” rating by Credit Suisse given. The company rating was maintained by Deutsche Bank on Tuesday, March 6. Listed here are Legg Mason, Inc. (NYSE:LM) PTs and latest ratings.

25/04/2018 Broker: Jefferies Rating: Hold New Target: $41.0000 Maintain
25/04/2018 Broker: RBC Capital Markets Rating: Buy New Target: $48.0000 Maintain
26/04/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $52 New Target: $53 Maintain
23/04/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $44 New Target: $41 Maintain
11/04/2018 Broker: Jefferies Rating: Hold New Target: $45.0000 Maintain
10/04/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $48.0000 Maintain
10/04/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $42 New Target: $40 Maintain
06/04/2018 Broker: Deutsche Bank Old Rating: Buy New Rating: Buy Old Target: $46 New Target: $49 Maintain
06/03/2018 Broker: Deutsche Bank Old Rating: Buy New Rating: Buy Old Target: $48 New Target: $46 Maintain
30/01/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $40 New Target: $42 Maintain

LM is hitting $38.87 during the last trading session, after decreased 0.21%.Legg Mason, Inc. has 1.46M shares volume, 79.04% up from normal. LM is uptrending and has moved 12.20% since May 17, 2017. LM outperformed the S&P 500 by 0.65%.

Legg Mason, Inc. is a publicly owned asset management holding company.The firm is valued at $3.29 billion. 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.10.75 is the P/E ratio. It launches and manages equity, fixed income, and multi-asset customized portfolios through its subsidiaries.

There’s an important Legg Mason, Inc. (NYSE:LM) news released by Seekingalpha.com. It’s an item titled: “Legg Mason (LM) Q4 2018 Results – Earnings Call Transcript” on April 26, 2018.

Legg Mason, Inc. (NYSE:LM) Institutional Investors Chart

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