Legg Mason, Inc. (LM) EPS Estimated At $0.73

April 24, 2018 - By Linda Rogers

Legg Mason, Inc. (NYSE:LM) LogoInvestors sentiment increased to 1.52 in 2017 Q4. Its up 0.51, from 1.01 in 2017Q3. It increased, as 20 investors sold Legg Mason, Inc. shares while 88 reduced holdings. 60 funds opened positions while 104 raised stakes. 74.56 million shares or 0.52% less from 74.95 million shares in 2017Q3 were reported.
Axa invested 0.08% in Legg Mason, Inc. (NYSE:LM). Peak6 Investments L P invested in 0% or 21,956 shares. Ameritas Inv Ptnrs invested in 0.05% or 25,594 shares. San Francisco Sentry Invest Group (Ca) holds 0% of its portfolio in Legg Mason, Inc. (NYSE:LM) for 37 shares. Convergence Inv Ptnrs Lc has invested 1% of its portfolio in Legg Mason, Inc. (NYSE:LM). Dimensional Fund Advsr Lp holds 0.07% of its portfolio in Legg Mason, Inc. (NYSE:LM) for 4.03 million shares. Legal And General Gp Public Ltd Com owns 149,447 shares or 0% of their US portfolio. Profund Ltd Liability Co, Maryland-based fund reported 9,969 shares. Fisher Asset Limited Com holds 199,300 shares or 0.01% of its portfolio. Voloridge Mngmt Ltd Llc accumulated 0.07% or 77,623 shares. Morgan Stanley holds 0.01% or 723,880 shares. Park Circle invested in 573,000 shares or 13.32% of the stock. Advantus Management holds 10,531 shares or 0.01% of its portfolio. Texas Permanent School Fund accumulated 57,797 shares. Jane Street Gru Limited Liability invested 0% of its portfolio in Legg Mason, Inc. (NYSE:LM).

Analysts expect Legg Mason, Inc. (NYSE:LM) to report $0.73 EPS on April, 25 after the close.They anticipate $0.19 EPS change or 20.65 % from last quarter’s $0.92 EPS. LM’s profit would be $61.71 million giving it 13.02 P/E if the $0.73 EPS is correct. After having $1.01 EPS previously, Legg Mason, Inc.’s analysts see -27.72 % EPS growth. The stock increased 0.82% or $0.31 during the last trading session, reaching $38.03. About 84,977 shares traded. Legg Mason, Inc. (NYSE:LM) has risen 12.20% since April 24, 2017 and is uptrending. It has outperformed by 0.65% the S&P500.

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

Among 9 analysts covering Legg Mason (NYSE:LM), 3 have Buy rating, 2 Sell and 4 Hold. Therefore 33% are positive. Legg Mason had 19 analyst reports since October 26, 2017 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, January 10 by Jefferies. The firm has “Outperform” rating given on Thursday, October 26 by Credit Suisse. Keefe Bruyette & Woods maintained Legg Mason, Inc. (NYSE:LM) on Thursday, December 21 with “Buy” rating. As per Wednesday, January 24, the company rating was maintained by Jefferies. RBC Capital Markets maintained Legg Mason, Inc. (NYSE:LM) on Wednesday, January 24 with “Buy” rating. The company was maintained on Friday, December 15 by RBC Capital Markets. The stock of Legg Mason, Inc. (NYSE:LM) earned “Buy” rating by Deutsche Bank on Tuesday, March 6. Deutsche Bank maintained it with “Buy” rating and $49 target in Friday, April 6 report. Bank of America maintained it with “Underperform” rating and $44 target in Thursday, January 25 report. The stock has “Equal-Weight” rating by Barclays Capital on Monday, April 23.

Legg Mason, Inc. is a publicly owned asset management holding company. The company has market cap of $3.22 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. It has a 10.52 P/E ratio. It launches and manages equity, fixed income, and multi-asset customized portfolios through its subsidiaries.

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

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