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 Legg Mason Inc  (LM) Trade Now »     Rate LM  -  Discuss LM  -  Add to Watch List         Graphic_subscribe

       Sector: Financial  >  Industry: Investment Services
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LM Analysis & Videos »


LM: Bull or Bear?

Legg Mason Inc Graphic_rating_buy LM
450vampyr_avatar-med
N/A
 +16.08%
in 148 days
        





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Lg Mason, which is headquatered in Baltimore, is a global asset management firm with over $891 billion in assets under management around the world. Through its domestic and international subsidaries, the firm serves the institutional, mutual fund and wealth management markets.Legg Mason world-class performance in both equity and fixed income, domestically and internationally. We take a disciplined, long-term view, because our goal is to deliver consistently superior investment performance over time -...
By  supratrader   (+14.97%  risk: conservative)  06/27/09 Comment


Five Great Businesses Currently on Sale Graphic_rating_buy LM
-30.18%
in 472 days

The best time to buy is when we have a negativity bubble. This great nation of ours is in a deep pessimism. We have not seen consumer sentiment this low for decades (see following chart).

click to enlarge
By  Frank Rong   (-2.86%  risk: conservative)  08/06/08 2 comments


Legg Mason: Quintessential Bear Market Value Play Graphic_rating_buy LM
-25.91%
in 480 days

Often during a bear market quality companies can be bought for fractions of their intrinsic value, and one of the clearer examples of this in the current market panic is Legg Mason (LM). Legg Mason is a diversified asset manager with substantial assets under management in equities, bonds, money markets, and fund of funds. Contrary to public perception they are not overly reliant on any one fund or manager but instead they have a broad array of managers and asset classes to offer investors in their funds and separate accounts.

<>At the close of trading on July 28, 2008 LM had the following stat...
By  Timothy Travis   (-31.49%  risk: conservative)  07/29/08 Comment


Get free stock alert for LM:
Your Email Address:


Trading Earnings: Legg Mason (LM) Graphic_rating_sell LM
Cc_logo
49%
 +22.93%
in 485 days

Legg Mason, Inc (LM) is set to report earnings before the market opens on Friday, July 25th. Legg Mason is a global asset manager with $950 billion in assets under managements and serves the institutional, mutual fund and wealth management markets.

LM is expected to earn 13 cents per share for its ist quarter. We expect Legg to announce earnings that will miss investors’ and analysts’ expectations. We think that it is likely that during the conference call management could lower the company’s profit outlook going forward.

<>Analysts’ estimates have been coming down for t<><><><><><>...
By  The Correct Call   (-0.25%  risk: moderate)  07/24/08 Comment


Asset management firm on its way down Graphic_rating_sell LM
India_flag_background
 9 %
 +14.81%
in 496 days
Legg Mason is one of the leading asset management companies.Its fund manager is the legendary Bill Miller who had beaten the markets for 15 years straight.

Why short?
1.stocks
Bill Miller is very bullish on the economy and had loaded up on financials like C,JPM,ML,FNM,COF,AIG.His top holding also include Aetna,UNH,Sears,Amazon,EBay all of which I am bearish on.
http://quicktake.morningstar.com/fundnet/Holdings.aspx?Countr...

Another way of looking at it is the fund has 20% + representation for financials and consumer services.Both of them are going to be destroyed.A m...
By  Thomas George   (-4.83%  risk: moderate)  07/13/08 1 comment


At Legg Mason, the Daylight You See May Be a Train Graphic_rating_sell LM
+50.48%
in 564 days
I came across this great article on LM's earnings miss today. Here's a teaser:

<>
  • Today was Mark Fetting’s first earnings call as CEO of Legg Mason. He was presiding over its first quarterly loss since the company went public in 1983. Losses are pretty rare for asset management companies.
    • <>Fetting seemed a bit nervous. In his opening remarks, he used the term “focused” nine times in describing how to deal with Legg’s many problems. The underperforming investment teams are “focused.” The U.S. distribution teams remain “focused.” Bruce Sherman and Greg Powers, two of Legg’s worst performing manag<><><><><><><>...
    By  bluedog   (-6.25%  risk: moderate)  05/06/08 Comment


    Bearish on LM ... Graphic_rating_sell LM
    86_edited
    62%
    		 +17.38%
    in 43 days
    (closed on 11/17/07)
    worst 2 year performance on a undervalued stock. I agree on your thought on liberals (whats yours is mine mentalaty) they are a real headacke on the free enterprize system.
    Gene
    By  gene fleszar   (+1.59%  risk: aggressive)  10/05/07 Comment


    Neighbor Lady Says.... Graphic_rating_sell LM
    Barbaro
    69%
    		 +12.01%
    in 55 days
    (closed on 11/28/07)

    Three years ago I moved next door to a 3itch that works for Legg Mason. Now before any of you start to think that i must be loaded living next door to a Legg Mason player. Think agan. I am a simple man and like most simple men I live next door to uneducated liberal dickheads that know the answer to everything and because they are feely people they have the RIGHT to act on what they know.

    Before neighbor lady started activly ACTING on what she KNEW by vandilizing my property whenever I was out of town we use to chat.

    <> When a hurricane was brewing she tipped me of on a penny POS...
    By  dogcrap   (+3.11%  risk: aggressive)  10/04/07 Comment


    Get free stock alert for LM:
    Your Email Address:


    Undervalued Asset Manager Graphic_rating_buy LM
    N/A
    		 -64.98%
    in 784 days

    It is not hard to compare LM's assets under management vs. peers and eventual earnings and PE ratios and recognize some serious differences in valuation.  Here's Leggs problem.  Their assets they bought from Citigroup have had redemption problems.  Legg recently was hit because Miller's Value fund didn't do well during the recent credit crunch and perceptually, since they were already having redemptions and Miller is so visible, the stock got hit again.  Let's separate some stuff for a second.  LM equity AUM is over $300 B.  Miller's Value Trust is about $19 (from memory).  The problem i< />< />...
    By  gregharris73   (-64.98%  risk: aggressive)  09/29/07 Comment


    Nuveen Takeover-Think aBout Legg and Federated Graphic_rating_buy LM
    -70.40%
    in 884 days
    Nuveen Investments ( JNC ) announced this morning that it was being taken over by Madison Dearborn for $65 per share. JNC has assets under management (AUM) of about $165 billion roughly half of which is equities. The takeout valuation is 16 times trailing EBITDA and about 3.4% of AUM.

    I think other asset management companies look starkly cheap in the light of this transaction.

    Readers are aware of our positive views on Legg Mason ( LM ) It is trading at only 11 times TTM EBITDA and about 1.4% of AUM.

    Janus Capital ( JNS ) though frequently rumored as a potential t...
    By  Value Discipline   (-27.01%  risk: aggressive)  06/21/07 Comment


    LM is a BUY Graphic_rating_buy LM
    Fitbusinessmannewsletter
     9 %
    		 -70.61%
    in 940 days
    Earnings growth in the past 5 years is at  25.6 percent with an operating cash flow of 422.3M. We believe the company is ripe for growth this year and expect steady gains.

    http://www.leggmason.com/
    Legg Mason makes push into Asia
    Legg Mason buys 5.3% stake in Singapore's ASTI Holdings
    Legg Mason (LM) Increases Quarterly Dividend
    Legg Mason succession plans scuttled


    Legg Mason, Inc. (Legg Mason) is a global asset management company. Acting through its subsidiaries, the Company provides investment management and related services to institut...
    By  FitBusinessman.com   (-23.25%  risk: aggressive)  04/26/07 Comment


    Bullish on LM ... Graphic_rating_buy LM
    68%
    		 -66.48%
    in 1112 days
    A leading asset management firm sell at a discount.
    By  fchou99   (-2.80%  risk: aggressive)  11/05/06 Comment





    People Bullish on LM

    450vampyr_avatar-med
    		supratrader
    Principal
    N/A
    4 mos ago

    		mikhailo
    Analyst
    N/A
    5 mos ago

    		Statistician
    Analyst
    N/A
    11 mos ago

    		Frank Rong
    Tracked Blogger
    57%
    about 1 year ago

    		Timothy Travis
    Tracked Blogger
    N/A
    about 1 year ago


    People Bearish on LM

    		tango0123
    Analyst
    N/A
    4 mos ago

    		seismicstock
    Principal
    70%
    8 mos ago

    		Art
    Analyst
    N/A
    11 mos ago

    		highpoint
    Analyst
    81%
    about 1 year ago

    Cc_logo
    		The Correct Call
    Analyst
    49%
    about 1 year ago

    ROCK-STAR INVESTORS
    Rank Name Sharpe Ratio Avg Return Followers
    1 noshoes 21.10 +34.25% 378
    2 Gerald Greene 18.14 +70.10% 208
    3 stockmarketfunding.com 17.66 +25.70% 55
    4 akiralegrand 13.47 +14.32% 61
    5 anup2104 12.13 +75.30% 38


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    Discussion Wall + Add  
    wlu8140   (-12.42%  risk: conservative)
    where do we go from here - The S&P has now broken the low of 6/12/06, 1219.29. The next stop is 1168.20 of 10/10/05. The Dow and the Nasdaq are in similar situations. I origanall...
    +   6 replies

    Dsc_5960_-_jpeg_-_200
    Michael Parness   (+0.00%)
    LM is resetting up for a very nice short. - This is one of my favs in terms of shorts longer term. I think LM sees $25 to $30 within the next 60 to 90 days. We've had it short for a while and cov...
    +   2 replies


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