Franklin Resources, Inc. (BEN) is a global investment management firm with a market cap of $12.6 billion, serving clients in over 150 countries. Their diverse asset management portfolio includes equity, fixed income, and alternative investments, managing over $1.6 trillion in assets, with 30% managed internationally.

Despite slipping 7.9% from its 52-week high, BEN’s stock gained 5% in the past three months, underperforming the Financial Select Sector SPDR Fund. On a YTD basis, BEN rose 18.4%, outperforming the XLF, but trailed in the past 52 weeks.

BEN has been trading above its 200-day moving average since May but below its 50-day moving average since September. Their Q3 performance beat expectations, despite a 2.8% decline in operating revenue, impacting profitability and investor response.

BEN’s rival, State Street Corporation (STT), has a 15.1% YTD gain and a 26.7% increase over the past 52 weeks. Wall Street analysts have a consensus “Hold” rating for BEN, with a mean price target of $24.67, suggesting a potential 2.7% upside from current levels.

Read more at Yahoo Finance: How Is Franklin Resources’ Stock Performance Compared to Other Financial Stocks?