Minneapolis Portfolio Management Group Has Upped Its Borgwarner (BWA) Holding; Franklin Resources (BEN) Has 0.85 Sentiment

April 22, 2018 - By Vivian Park

BorgWarner Inc. (NYSE:BWA) Logo

Franklin Resources Inc (BEN) investors sentiment increased to 0.85 in 2017 Q4. It’s up 0.01, from 0.84 in 2017Q3. The ratio is more positive, as 194 funds opened new or increased equity positions, while 229 decreased and sold stakes in Franklin Resources Inc. The funds in our database now own: 247.49 million shares, up from 240.11 million shares in 2017Q3. Also, the number of funds holding Franklin Resources Inc in top ten equity positions decreased from 9 to 8 for a decrease of 1. Sold All: 34 Reduced: 195 Increased: 133 New Position: 61.

Minneapolis Portfolio Management Group Llc increased Borgwarner Inc (BWA) stake by 1.66% reported in 2017Q4 SEC filing. Minneapolis Portfolio Management Group Llc acquired 12,299 shares as Borgwarner Inc (BWA)’s stock declined 4.85%. The Minneapolis Portfolio Management Group Llc holds 752,946 shares with $38.47 million value, up from 740,647 last quarter. Borgwarner Inc now has $11.12B valuation. The stock increased 0.17% or $0.09 during the last trading session, reaching $52.76. About 1.15 million shares traded. BorgWarner Inc. (NYSE:BWA) has risen 19.42% since April 22, 2017 and is uptrending. It has outperformed by 7.87% the S&P500.

The stock decreased 0.38% or $0.13 during the last trading session, reaching $34.04. About 4.90M shares traded or 27.97% up from the average. Franklin Resources, Inc. (BEN) has declined 8.47% since April 22, 2017 and is downtrending. It has underperformed by 20.02% the S&P500.

Gallagher Fiduciary Advisors Llc holds 15.16% of its portfolio in Franklin Resources, Inc. for 1.83 million shares. Abrams Capital Management L.P. owns 7.95 million shares or 11.59% of their US portfolio. Moreover, Kiltearn Partners Llp has 7.06% invested in the company for 6.52 million shares. The Michigan-based Rk Asset Management Llc has invested 6.29% in the stock. Compass Capital Management Inc, a Minnesota-based fund reported 571,345 shares.

Franklin Resources, Inc. is a publicly owned asset management holding company. The company has market cap of $18.44 billion. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It has a 28.51 P/E ratio. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries.

Analysts await Franklin Resources, Inc. (NYSE:BEN) to report earnings on April, 26 before the open. They expect $0.75 earnings per share, up 1.35% or $0.01 from last year’s $0.74 per share. BEN’s profit will be $406.26 million for 11.35 P/E if the $0.75 EPS becomes a reality. After $0.88 actual earnings per share reported by Franklin Resources, Inc. for the previous quarter, Wall Street now forecasts -14.77% negative EPS growth.

Since January 1, 0001, it had 0 insider purchases, and 2 insider sales for $4.61 million activity.

Among 25 analysts covering Borgwarner Inc. (NYSE:BWA), 10 have Buy rating, 3 Sell and 12 Hold. Therefore 40% are positive. Borgwarner Inc. had 76 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of BorgWarner Inc. (NYSE:BWA) has “Neutral” rating given on Tuesday, March 29 by Citigroup. The firm has “Hold” rating by RBC Capital Markets given on Sunday, September 10. Jefferies maintained the shares of BWA in report on Monday, July 3 with “Buy” rating. The rating was maintained by Barclays Capital on Thursday, September 3 with “Equal-Weight”. The stock has “Hold” rating by RBC Capital Markets on Friday, January 19. As per Sunday, March 4, the company rating was maintained by BMO Capital Markets. On Monday, April 16 the stock rating was initiated by Cowen & Co with “Buy”. The stock has “Hold” rating by Deutsche Bank on Thursday, October 12. The stock of BorgWarner Inc. (NYSE:BWA) has “Underweight” rating given on Monday, October 19 by Morgan Stanley. The firm has “Positive” rating given on Thursday, August 27 by Susquehanna.

Franklin Resources, Inc. (NYSE:BEN) Institutional Positions Chart

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