Crow Point Partners LLC purchased a new stake in shares of Templeton Emerging Markets (NYSE:EMF) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 18,100 shares of the financial services provider’s stock, valued at approximately $294,000. Crow Point Partners LLC owned about 0.10% of Templeton Emerging Markets at the end of the most recent quarter.
Other large investors have also recently modified their holdings of the company. Wells Fargo & Company MN grew its stake in Templeton Emerging Markets by 39.3% in the 2nd quarter. Wells Fargo & Company MN now owns 235,276 shares of the financial services provider’s stock worth $3,508,000 after acquiring an additional 66,389 shares in the last quarter. Oppenheimer & Co. Inc. bought a new position in Templeton Emerging Markets in the 3rd quarter worth about $646,000. First Trust Advisors LP grew its stake in Templeton Emerging Markets by 46.2% in the 2nd quarter. First Trust Advisors LP now owns 70,602 shares of the financial services provider’s stock worth $1,053,000 after acquiring an additional 22,302 shares in the last quarter. Rathbone Brothers plc grew its stake in Templeton Emerging Markets by 49.2% in the 3rd quarter. Rathbone Brothers plc now owns 66,395 shares of the financial services provider’s stock worth $1,095,000 after acquiring an additional 21,885 shares in the last quarter. Finally, Flagship Harbor Advisors LLC grew its stake in Templeton Emerging Markets by 18.3% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 77,452 shares of the financial services provider’s stock worth $1,316,000 after acquiring an additional 11,990 shares in the last quarter. Institutional investors own 32.49% of the company’s stock.
Templeton Emerging Markets (EMF) opened at $17.19 on Thursday. Templeton Emerging Markets has a one year low of $12.51 and a one year high of $17.76.
The business also recently announced an annual dividend, which was paid on Friday, December 29th. Shareholders of record on Friday, December 15th were paid a $0.2491 dividend. This is an increase from Templeton Emerging Markets’s previous annual dividend of $0.20. This represents a yield of 1.46%. The ex-dividend date was Thursday, December 14th.
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Templeton Emerging Markets Profile
Templeton Emerging Markets Fund is a closed-end management investment company. The Fund seeks long-term capital appreciation by investing, under normal market conditions, at least over 80% of its net assets in emerging country equity securities or those companies, which derive a proportion of their revenues from emerging economies.
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