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 31^st, 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 15^th, 2018, to shareholders of record on December 20^th, 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 09^th, 2017, Ameriprise Financial announced that for the 12^th 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 08^th, 2017, Franklin Resources reported preliminary month-end assets under management (AUM) of $750.7 billion at October 31^st, 2017, compared to $753.2 billion at September 30^th, 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 31^st, 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 07^th, 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

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