As Franklin Res (BEN) Stock Value Declined, Abrams Capital Management LP Has Upped …

Ruffer Llp increased its stake in Newmont Mining Corp (NEM) by 29.57% based on its latest 2018Q4 regulatory filing with the SEC. Ruffer Llp bought 287,791 shares as the company’s stock rose 5.38% with the market. The institutional investor held 1.26 million shares of the precious metals company at the end of 2018Q4, valued at $43.69M, up from 973,382 at the end of the previous reported quarter. Ruffer Llp who had been investing in Newmont Mining Corp for a number of months, seems to be bullish on the $19.31 billion market cap company. The stock increased 0.78% or $0.28 during the last trading session, reaching $36.25. About 10.55 million shares traded. Newmont Mining Corporation (NYSE:NEM) has declined 9.60% since April 13, 2018 and is downtrending. It has underperformed by 13.97% the S&P500. Some Historical NEM News: 26/04/2018 – NEWMONT MINING CORP NEM.N – COO THOMAS PALMER SAYS EXPECT TO ACHIEVE THE HIGHEST PRODUCTION AND LOWEST COSTS IN THE FOURTH QUARTER – CONF CALL; 26/04/2018 – Canadian Miner Agnico to divest cobalt assets, sells gold interests; 09/04/2018 – LYDIAN INTERNATIONAL LTD – EXERCISED OPTION TO TERMINATE ROYALTY AGREEMENT WITH NEWMONT OVERSEAS EXPLORATION LIMITED; 26/04/2018 – Newmont Mining 1Q Net $192M; 08/04/2018 – PRECIOUS-Gold slips as dollar firms, but trade war fears persist; 26/04/2018 – AHAFO CONSTRUCTION DELAYS UNLIKELY TO AFFECT GUIDANCE: NEWMONT; 09/04/2018 – Newmont Mining: Six Construction Contractors Dead in From April 7 Accident; 26/04/2018 – Newmont Mining Maintains FY18 Corporate-Level Production, Cost and Cap Outlook; 26/04/2018 – NEWMONT MINING CORP – GOLD AISC ROSE EIGHT PERCENT TO $973 PER OUNCE FOR QUARTER; 26/04/2018 – Newmont profit surges on higher gold prices

Abrams Capital Management Lp increased its stake in Franklin Res Inc (BEN) by 0.93% based on its latest 2018Q4 regulatory filing with the SEC. Abrams Capital Management Lp bought 92,683 shares as the company’s stock declined 3.25% while stock markets rallied. The hedge fund held 10.04 million shares of the finance company at the end of 2018Q4, valued at $297.72M, up from 9.95 million at the end of the previous reported quarter. Abrams Capital Management Lp who had been investing in Franklin Res Inc for a number of months, seems to be bullish on the $18.07B market cap company. The stock increased 1.23% or $0.43 during the last trading session, reaching $35.46. About 2.95 million shares traded or 4.83% up from the average. Franklin Resources, Inc. (NYSE:BEN) has declined 8.07% since April 13, 2018 and is downtrending. It has underperformed by 12.44% the S&P500. Some Historical BEN News: 16/05/2018 – Macron’s Reforms No Lure for Franklin Templeton After Italy Bet; 08/03/2018 – FRANKLIN RESOURCES REPORTS FEB. AUM $744.9B; 20/03/2018 – FRANKLIN RESOURCES – FOLLOWING DEAL, RANDOM FOREST TEAM WILL JOIN FRANKLIN TEMPLETON FIXED INCOME GROUP INVESTMENT TEAM; 02/05/2018 – Franklin Templeton – European Adds Pandora, Exits Sky; 09/04/2018 – FRANKLIN RESOURCES INC – REPORTED PRELIMINARY MONTH-END AUM OF $737.5 BLN AT MARCH 31, COMPARED TO $744.9 BLN AT FEBRUARY 28; 09/04/2018 – FRANKLIN RESOURCES, REPORTS AUM $737.5B AT MARCH 31, 2018; 02/05/2018 – Franklin Templeton – Global Balanced Adds Mattel; 07/03/2018 – MOVES- Stanhope, Franklin Templeton, SocGen; 12/04/2018 – Franklin Resources, Inc. Announces Addition to Stk Repurchase Program; 20/03/2018 – FRANKLIN TEMPLETON BUYS DATA SCIENCE INVESTMENT FIRM RANDOM

More notable recent Franklin Resources, Inc. (NYSE:BEN) news were published by: Investorplace.com which released: “3 Big Stock Charts for Tuesday: Juniper Networks, Lennar and Franklin Resources – Investorplace.com” on March 26, 2019, also Globenewswire.com with their article: “Franklin Universal Trust Declares Monthly Distribution NYSE:FT – GlobeNewswire” published on March 18, 2019, Seekingalpha.com published: “Franklin Resources: Proven Long-Term Play – Seeking Alpha” on March 27, 2019. More interesting news about Franklin Resources, Inc. (NYSE:BEN) were released by: Globenewswire.com and their article: “Franklin Resources, Inc. to Announce Second Quarter Results on April 26, 2019 – GlobeNewswire” published on April 05, 2019 as well as Benzinga.com‘s news article titled: “24 Stocks Moving In Monday’s Pre-Market Session – Benzinga” with publication date: April 08, 2019.

Since November 23, 2018, it had 0 buys, and 2 insider sales for $17.08 million activity. On Friday, November 23 the insider JOHNSON RUPERT H JR sold $16.73M.

Investors sentiment decreased to 0.75 in Q4 2018. Its down 0.08, from 0.83 in 2018Q3. It turned negative, as 43 investors sold BEN shares while 181 reduced holdings. 55 funds opened positions while 112 raised stakes. 242.74 million shares or 3.00% more from 235.66 million shares in 2018Q3 were reported. Brandywine Global Inv Mgmt holds 329,932 shares. Dupont Capital Corp owns 0% invested in Franklin Resources, Inc. (NYSE:BEN) for 3,662 shares. One Trading Limited Partnership reported 0% in Franklin Resources, Inc. (NYSE:BEN). Manufacturers Life Insurance The stated it has 303,220 shares. Natixis owns 135,270 shares or 0.03% of their US portfolio. Grassi Invest Mgmt owns 10,800 shares for 0.05% of their portfolio. Missouri-based Parkside Finance Bancorporation And Tru has invested 0% in Franklin Resources, Inc. (NYSE:BEN). Ghp Invest Advsr has invested 0.1% of its portfolio in Franklin Resources, Inc. (NYSE:BEN). Gallagher Fiduciary Advsr Ltd Liability Com holds 1.92M shares or 18.19% of its portfolio. Peoples Fincl Service holds 30 shares. Amer International Grp Incorporated holds 264,529 shares or 0.03% of its portfolio. Jpmorgan Chase & Com reported 543,365 shares stake. Northwestern Mutual Wealth Mgmt Com invested in 3,505 shares. 14,400 were accumulated by Jefferies Grp Llc. Schroder Investment Mgmt Grp Incorporated invested in 0.18% or 3.35M shares.

Since November 1, 2018, it had 0 insider buys, and 17 sales for $1.70 million activity. Goldberg Gary J sold $137,720 worth of Newmont Mining Corporation (NYSE:NEM) on Monday, December 31. Dorward-King Elaine J also sold $103,290 worth of Newmont Mining Corporation (NYSE:NEM) on Monday, December 31. 3,500 shares were sold by Gottesfeld Stephen P, worth $122,605. On Monday, December 3 the insider Buese Nancy sold $65,760. 5,000 Newmont Mining Corporation (NYSE:NEM) shares with value of $171,368 were sold by Lawson Scott P. 5,000 shares were sold by MacGowan William N, worth $157,207 on Thursday, November 1.

Ruffer Llp, which manages about $3.19B US Long portfolio, decreased its stake in American Intl Group Inc (NYSE:AIG) by 10,000 shares to 20,000 shares, valued at $788,000 in 2018Q4, according to the filing. It also reduced its holding in Microsoft Corp (NASDAQ:MSFT) by 13,880 shares in the quarter, leaving it with 48,931 shares, and cut its stake in Apple Inc (NASDAQ:AAPL).

More notable recent Newmont Mining Corporation (NYSE:NEM) news were published by: Benzinga.com which released: “Canopy Growth To Replace Goldcorp In S&P/TSX 60 Index (NYSE:CGC)(TSX:WEED)(NYSE:GG) – Benzinga” on April 12, 2019, also Seekingalpha.com with their article: “Newmont Mining: Second-Quarter Results Analysis – Seeking Alpha” published on August 05, 2018, Seekingalpha.com published: “Newmont Mining (NEM) Presents At BMO Capital Markets Global Metals & Mining Conference – Slideshow – Seeking Alpha” on February 25, 2019. More interesting news about Newmont Mining Corporation (NYSE:NEM) were released by: Juniorminingnetwork.com and their article: “Newmont Mining Announces First Quarter 2019 Earnings Call – Junior Mining Network” published on March 27, 2019 as well as Seekingalpha.com‘s news article titled: “Newmont Mining declares $0.88 dividend – Seeking Alpha” with publication date: March 25, 2019.

Investors sentiment increased to 1.06 in Q4 2018. Its up 0.17, from 0.89 in 2018Q3. It is positive, as 38 investors sold NEM shares while 165 reduced holdings. 73 funds opened positions while 143 raised stakes. 448.27 million shares or 4.39% more from 429.40 million shares in 2018Q3 were reported. Janney Montgomery Scott Limited Liability holds 11,604 shares or 0% of its portfolio. Employees Retirement Association Of Colorado holds 0.02% of its portfolio in Newmont Mining Corporation (NYSE:NEM) for 91,422 shares. Cambridge Investment Rech Advsrs Inc, a Iowa-based fund reported 34,291 shares. Fincl Bank Of Ny Mellon accumulated 0.09% or 8.60M shares. Oregon Public Employees Retirement Fund accumulated 4.81M shares or 0.1% of the stock. Fosun Intll Limited holds 0.04% of its portfolio in Newmont Mining Corporation (NYSE:NEM) for 21,200 shares. Valley National Advisers Inc invested in 0% or 258 shares. Qs Ltd Liability Corporation accumulated 19,049 shares. Prudential Incorporated accumulated 676,712 shares. Legacy Partners invested in 0.25% or 13,605 shares. Oakbrook Investments Limited Com stated it has 45,767 shares. Ci Investments holds 1.05 million shares. Everence Capital Mgmt Incorporated holds 0.11% in Newmont Mining Corporation (NYSE:NEM) or 13,830 shares. Tobam holds 2.36% in Newmont Mining Corporation (NYSE:NEM) or 1.41M shares. Pension Serv owns 597,379 shares.

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