Franklin Resources, Inc. (BEN) is a large-cap investment management firm with a market cap of $12.3 billion based in California. BEN has seen a 9.4% decrease from its 52-week high and a 3% decline in the past three months, underperforming the S&P 500. However, on a YTD basis, BEN is up 16.4%. The company’s Q4 earnings release showed a 6% increase in operating revenue and an adjusted EPS of $0.67, surpassing estimates by 17.5%. BEN has a consensus rating of “Hold” and a mean price target of $24.36, reflecting a 2.8% premium to its current price.

Read more at Barchart: Is Franklin Resources Stock Underperforming the S&P 500?