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Analysts View on Asset Management Equities: Bank of New York Mellon, Prospect Capital, Franklin Resources, and Invesco

Editor Note: For more information about this release, please scroll to bottom.

LONDON, March 11, 2014 /PRNewswire/ --

On Monday, March 10, 2014, the NASDAQ Composite ended at 4,334.45, down 0.04%, the Dow Jones Industrial Average fell 0.21% to 16,418.68, and the S&P 500 closed at 1,877.17, down 0.05%. During the session, the losses were broad based with six of ten sectors going down. The S&P 500 Financials Sector Index finished the day at 300.99, up 0.04%, and has gained 4.86% in the last one month. Investor-Edge.com has initiated coverage on the following equities: The Bank of New York Mellon Corporation (NYSE: BK), Prospect Capital Corporation (NASDAQ: PSEC), Franklin Resources Inc. (NYSE: BEN), and Invesco Ltd (NYSE: IVZ). Free research on these four companies can be accessed at:  

http://investor-edge.com/register

Shares in The Bank of New York Mellon Corp. saw a trading of 3.66 million shares on Monday, as compared with a three month average volume of 4.97 million shares. The stock ended the day at $33.34, down 0.51%, and at an intraday range of $33.19 and $33.43. The company's shares traded at a PE ratio of 13.53 and have fallen by 4.58% on YTD basis. Shares of the company have advanced 2.77% in the previous three trading sessions, 5.81% in the last one month. The stock is trading above its 50-day and 200-day moving averages. The Bank of New York Mellon Corp.'s 50-day moving average of $32.77 is above the 200-day moving average of $31.53. Furthermore, the stock is trading at the Relative Strength Index (RSI) of 65.69. Sign up and read the free notes on BK at:

http://www.Investor-Edge.com/03112014/BK/report.pdf

On Monday, shares in Prospect Capital Corp. edged 0.56% higher to close the day at $10.85. A total of 3.56 million shares were traded which is below the three months average volume of 4.43 million. The company's shares oscillated between $10.75 and $10.85 during the trading session. The stock traded at a PE ratio of 8.42. Prospect Capital Corp.'s shares have gained 0.09% in the previous three trading sessions, while the same has fallen by 3.04% in the last one month and 3.30% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. The company's 50-day moving average of $11.15 is above the 200-day moving average of $11.08. Furthermore, the stock is trading at the Relative Strength Index (RSI) of 34.57. The complimentary notes on PSEC can be downloaded as in PDF format at:

http://www.Investor-Edge.com/03112014/PSEC/report.pdf

Shares in Franklin Resources Inc. lost 1.13% on Monday, finishing the day at $53.20. The stock recorded trading volume of 2.39 million shares as compared to a three months average volume of 2.62 million shares. The company's shares fluctuated between $52.81 and $53.88 during the session. Shares of the company traded at a PE ratio of 15.13. Franklin Resources Inc.'s shares have advanced 0.66% in the last one month, while the same has declined 0.41% in the previous three trading sessions and 7.85% on YTD basis. The stock is trading above its 200-day moving average. The company's 50-day moving average of $54.57 is above the 200-day moving average of $51.62. Moreover, the stock is trading at the Relative Strength Index (RSI) of 53.33. Register for free on Investor-Edge and access the latest research on BEN at:

http://www.Investor-Edge.com/03112014/BEN/report.pdf

On Monday, Invesco Ltd's stock witnessed trading of 4.21 million shares, as compared with a three month average volume of 3.42 million shares. The stock closed the day at $34.86, up 0.98%, after vacillating between $34.13 and $34.90 during the session. The company's shares traded at a PE ratio of 17.45 and have gone down by 4.23% on YTD basis. Invesco Ltd's shares have gained 1.28% in the previous three trading sessions and 2.23% in the last one month. The stock is trading above its 50-day and 200-day moving averages. The company's 50-day moving average of $34.51 is above the 200-day moving average of $33.29. Additionally, the company's shares are trading at the Relative Strength Index (RSI) of 54.57. The complete research on IVZ is available for free at:

http://www.Investor-Edge.com/03112014/IVZ/report.pdf

About Investor-Edge.com

At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

EDITOR NOTES:

  • This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  • Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  • This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  • If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] Investor-edge.com.
  • For any urgent concerns or inquiries, please contact us at compliance [at] Investor-edge.com.
  • Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] Investor-edge.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-edge. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Investor-edge in this article or report according to the Procedures outlined by Investor-edge. Investor-edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Investor-edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Investor-edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


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