Seth Waugh - Franklin Resources Independent Director
| BEN Stock | USD 22.97 0.20 0.88% |
Director
Mr. Seth H. Waugh is Independent Director of the Company. Chief Executive Officer of The PGA of America, since 2018. Senior Advisor at Silver Lake, since 2017. Nonexecutive chairman of Alex. Brown, a division of Raymond James, since September 2016. Previously, Managing Director at Silver Lake, 2018. Vice Chairman of Florida East Coast Industries, LLC, the parent company of several commercial real estate, transportation and infrastructure companies based in Florida, from 2013 to 2017. From 2000 to 2013, Mr. Waugh served in various roles at Deutsche Bank Americas, including Chief Executive Officer and Chairman of the Board of Directors of Deutsche Bank Securities Inc. Previously Chief Executive Officer of Quantitative Financial Strategies, a hedge fund. Mr. Waugh also served in various capacities at Merrill Lynch over eleven years, including Cohead of Global Debt Markets since 2015.
| Age | 62 |
| Tenure | 9 years |
| Address | One Franklin Parkway, San Mateo, CA, United States, 94403 |
| Phone | 650-312-2000 |
| Web | https://www.franklinresources.com |
Seth Waugh Latest Insider Activity
Tracking and analyzing the buying and selling activities of Seth Waugh against Franklin Resources stock is an integral part of due diligence when investing in Franklin Resources. Seth Waugh insider activity provides valuable insight into whether Franklin Resources is net buyers or sellers over its current business cycle. Note, Franklin Resources insiders must abide by specific rules, including filing SEC forms every time they buy or sell Franklin Resources'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Seth Waugh over six months ago Acquisition by Seth Waugh of 20588 shares of Yext subject to Rule 16b-3 |
Franklin Resources Management Efficiency
The company has Return on Asset of 0.0299 % which means that on every $100 spent on assets, it made $0.0299 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0775 %, implying that it generated $0.0775 on every 100 dollars invested. Franklin Resources' management efficiency ratios could be used to measure how well Franklin Resources manages its routine affairs as well as how well it operates its assets and liabilities. As of the 3rd of May 2024, Return On Tangible Assets is likely to drop to 0.05. In addition to that, Return On Capital Employed is likely to drop to 0.04. At this time, Franklin Resources' Total Assets are very stable compared to the past year. As of the 3rd of May 2024, Other Assets is likely to grow to about 15.7 B, while Non Currrent Assets Other are likely to drop about 251.4 M.Similar Executives
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Management Performance
| Return On Equity | 0.0775 | |||
| Return On Asset | 0.0299 |
Franklin Resources Leadership Team
Elected by the shareholders, the Franklin Resources' board of directors comprises two types of representatives: Franklin Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Franklin. The board's role is to monitor Franklin Resources' management team and ensure that shareholders' interests are well served. Franklin Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Franklin Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Seth Waugh, Independent Director | ||
| Jennifer Johnson, President, Principal Executive Officer, Chief Operating Officer | ||
| Matthew Nicholls, Chief Financial Officer, Chief Operating Officer, Executive Vice President | ||
| Terrence Murphy, Executive Markets | ||
| Adele Taylor, Senior Development | ||
| Peter Barker, Lead Independent Director | ||
| Geoff Yang, Independent Director | ||
| Selene Oh, Head Relations | ||
| Yu Meng, Executive Vice President Chairman of Asia Pacific | ||
| Alexander Friedman, Independent Director | ||
| Craig Tyle, Executive Vice President, General Counsel | ||
| William Yun, Executive Vice President - Alternatives Strategies | ||
| Charles Johnson, Director | ||
| Vijay Advani, Co-Pres | ||
| John Lusk, Executive VP of Investment Management | ||
| Gregory Johnson, Chairman of the Board, Chief Executive Officer | ||
| Lindsey Oshita, Senior Officer | ||
| Avinash CFA, President India | ||
| Laura Stein, Independent Director | ||
| Mariann Byerwalter, Lead Independent Director | ||
| Thomas Merchant, General VP | ||
| CPA CPA, Ex Chairman | ||
| Rupert Johnson, Vice Chairman of the Board | ||
| Adam Spector, Executive Vice President - Global Advisory Services | ||
| Anthony Noto, Independent Director | ||
| Lisa Gallegos, Senior Communications | ||
| Geoffrey Yang, Independent Director | ||
| Mark Pigott, Independent Director | ||
| Chutta Ratnathicam, Independent Director | ||
| Kenneth Lewis, CFO, Principal Financial and Accounting Officer and Executive VP | ||
| Gregory CPA, Executive Board | ||
| Alok Sethi, Executive Vice President - Technology and Operations | ||
| Gwen Shaneyfelt, Chief Accounting Officer | ||
| John Kim, Independent Director | ||
| Jed Plafker, Executive Vice President - Global Advisory Services | ||
| Karen King, Independent Director | ||
| John Thiel, Independent Director |
Franklin Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Franklin Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0775 | |||
| Return On Asset | 0.0299 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 0.13 % | |||
| Current Valuation | 14.78 B | |||
| Shares Outstanding | 526.18 M | |||
| Shares Owned By Insiders | 40.27 % | |||
| Shares Owned By Institutions | 48.89 % | |||
| Number Of Shares Shorted | 23.16 M | |||
| Price To Earning | 17.04 X |
Franklin Resources Investors Sentiment
The influence of Franklin Resources' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Franklin. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Franklin Resources' public news can be used to forecast risks associated with an investment in Franklin. The trend in average sentiment can be used to explain how an investor holding Franklin can time the market purely based on public headlines and social activities around Franklin Resources. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Franklin Resources' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Franklin Resources' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Franklin Resources' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Franklin Resources.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Franklin Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Franklin Resources' short interest history, or implied volatility extrapolated from Franklin Resources options trading.
Pair Trading with Franklin Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Franklin Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Franklin Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Franklin Stock
| 0.67 | V | Visa Class A Financial Report 23rd of July 2024 | PairCorr |
Moving against Franklin Stock
| 0.62 | EMLD | FTAC Emerald Acquisition | PairCorr |
| 0.56 | WEL | Integrated Wellness | PairCorr |
| 0.51 | GAQ | Generation Asia I | PairCorr |
| 0.5 | ALSA | Alpha Star Acquisition | PairCorr |
| 0.49 | GS | Goldman Sachs Group Financial Report 17th of July 2024 | PairCorr |
The ability to find closely correlated positions to Franklin Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Franklin Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Franklin Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Franklin Resources to buy it.
The correlation of Franklin Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Franklin Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Franklin Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Franklin Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Franklin Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. To learn how to invest in Franklin Stock, please use our How to Invest in Franklin Resources guide.Note that the Franklin Resources information on this page should be used as a complementary analysis to other Franklin Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Franklin Stock analysis
When running Franklin Resources' price analysis, check to measure Franklin Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Franklin Resources is operating at the current time. Most of Franklin Resources' value examination focuses on studying past and present price action to predict the probability of Franklin Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Franklin Resources' price. Additionally, you may evaluate how the addition of Franklin Resources to your portfolios can decrease your overall portfolio volatility.
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Is Franklin Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Franklin Resources. If investors know Franklin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Franklin Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.40) | Dividend Share 1.22 | Earnings Share 1.73 | Revenue Per Share 16.32 | Quarterly Revenue Growth 0.117 |
The market value of Franklin Resources is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Resources' value that differs from its market value or its book value, called intrinsic value, which is Franklin Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin Resources' market value can be influenced by many factors that don't directly affect Franklin Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.