Legg Mason Inc-LeggMason RETAIL (LM) Files 10-K for the Fiscal Year Ended on March 31, 2019

Legg Mason Inc-LeggMason RETAIL (LM, Financial) files its latest 10-K with SEC for the fiscal year ended on March 31, 2019. Legg Mason Inc is an asset management company. It provides related financial services to individuals, institutions, corporations and municipalities through its subsidiaries. Legg Mason Inc-LeggMason RETAIL has a market cap of $3.18 billion; its shares were traded at around $37.21 with and P/S ratio of 1.02. The dividend yield of Legg Mason Inc-LeggMason RETAIL stocks is 3.65%.

For the last quarter Legg Mason Inc-LeggMason RETAIL reported a revenue of $692.6 million, compared with the revenue of $785.1 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $2.9 billion, a decrease of 7.5% from the previous year. For the last five years Legg Mason Inc-LeggMason RETAIL had an average revenue growth rate of 2% a year.

The reported loss per diluted share was 38 cents for the year, compared with the earnings per share of $2.18 in the previous year. The Legg Mason Inc-LeggMason RETAIL had a decent operating margin of 16.15%, compared with the operating margin of 16.61% a year before. The 10-year historical median operating margin of Legg Mason Inc-LeggMason RETAIL is 14.54%. The profitability rank of the company is 7 (out of 10).

At the current stock price of $37.21, Legg Mason Inc-LeggMason RETAIL is traded at 24.7% discount to its historical median P/S valuation band of $49.43. The P/S ratio of the stock is 1.02, while the historical median P/S ratio is 1.41. The stock lost 2.02% during the past 12 months.

CFO Recent Trades:

  • CFO Peter Nachtwey sold 9,193 shares of LM stock on 05/16/2019 at the average price of $36.13. The price of the stock has increased by 2.99% since.

Directors and Officers Recent Trades:

  • Executive Vice President Terence Johnson sold 18,525 shares of LM stock on 05/16/2019 at the average price of $36.21. The price of the stock has increased by 2.76% since.
  • Sr. Executive Vice President Joseph A Sullivan sold 26,470 shares of LM stock on 05/16/2019 at the average price of $36.18. The price of the stock has increased by 2.85% since.
  • Exec VP & General Counsel Thomas C Merchant sold 5,582 shares of LM stock on 05/16/2019 at the average price of $36.11. The price of the stock has increased by 3.05% since.
  • EVP & CAO Ursula Schliessler sold 3,608 shares of LM stock on 05/16/2019 at the average price of $36.03. The price of the stock has increased by 3.28% since.
  • Executive Vice President Patricia Lattin sold 2,342 shares of LM stock on 05/15/2019 at the average price of $34.99. The price of the stock has increased by 6.34% since.

For the complete 20-year historical financial data of LM, click here.