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Waddell & Reed Financial Inc (WDR.N)

WDR.N on New York Stock Exchange

19.62USD
23 May 2018
Change (% chg)

$-0.17 (-0.86%)
Prev Close
$19.79
Open
$19.62
Day's High
$19.66
Day's Low
$19.47
Volume
88,050
Avg. Vol
438,025
52-wk High
$23.81
52-wk Low
$16.37

Latest Key Developments (Source: Significant Developments)

Waddell & Reed Financial Announces Retirement Of Henry Herrmann As Chairman
Tuesday, 28 Nov 2017 

Nov 27 (Reuters) - Waddell & Reed Financial Inc ::WADDELL & REED FINANCIAL, INC. ANNOUNCES RETIREMENT OF HENRY J. HERRMANN AS CHAIRMAN OF THE BOARD.WADDELL & REED FINANCIAL INC - ‍BOARD OF DIRECTORS HAS APPOINTED THOMAS C. GODLASKY TO SUCCEED HERRMANN AS CHAIRMAN OF BOARD IN 2018​.WADDELL & REED FINANCIAL- ‍HERRMANN WILL RETIRE FROM COMPANY'S BOARD OF DIRECTORS ON DATE OF COMPANY'S ANNUAL MEETING OF STOCKHOLDERS IN APRIL 2018​.  Full Article

Waddell & Reed Financial appoints Benjamin Clouse as CFO
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - Waddell & Reed Financial Inc :Waddell & Reed Financial Inc announces changes to executive leadership team.Waddell & Reed Financial Inc - ‍ Brent Bloss, who has served as CFO of co since March 2014, will be promoted to role of chief operating officer.‍ waddell & Reed Financial-‍board intends to appoint Benjamin Clouse as CFO to succeed Brent​ Bloss in 2018​.  Full Article

Waddell & Reed Financial reports Q3 results, announces new capital return policy
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Waddell & Reed Financial Inc :Waddell & Reed Financial, Inc. reports third quarter results and announces new capital return policy.Q3 earnings per share $0.45.Q3 earnings per share view $0.41 -- Thomson Reuters I/B/E/S.Waddell & Reed Financial Inc - ‍operating revenues of $289.4 million during Q3 of 2017 increased 1% sequentially​.Q3 revenue view $285.8 million -- Thomson Reuters I/B/E/S.Waddell & Reed Financial - ‍board reduced qtrly dividend on Class A stock to $0.25/share, payable on Feb 1, 2018 to stockholders of record as of Jan 11, 2018​.Waddell & Reed Financial Inc - ‍new capital return policy also encompasses a plan to repurchase $250 million of common stock​.  Full Article

Waddell & Reed Financial Q3 EPS $0.65
Tuesday, 25 Oct 2016 

Waddell & Reed Financial Inc : . Q3 earnings per share $0.65 . Q3 earnings per share view $0.52 -- Thomson Reuters I/B/E/S . Assets under management were $85 billion at september 30, 2016, declining less than 2% from prior quarter . Amendment of post-retirement medical benefit plan is expected to lower future medical claims costs . Qtrly costs declined 31% sequentially, with majority of change due to a severance charge recorded in previous quarter . "Despite improvement in investment performance year-to-date, sales volume remains weak" ."Current quarter included full benefit of our recent workforce reductions".  Full Article

Waddell & Reed Financial reports second quarter results
Tuesday, 26 Jul 2016 

Waddell & Reed Financial Inc : Q2 earnings per share $0.41 . Q2 adjusted earnings per share $0.59 excluding items . Q2 earnings per share view $0.44 -- Thomson Reuters I/B/E/S . In q2 unaffiliated distribution channel experienced $3.9 billion in outflows of which asset strategy funds accounted for $2.6 billion . Q2 earnings per share view $0.44 -- Thomson Reuters I/B/E/S . Waddell & Reed Financial, inc. Reports second quarter results . Waddell & Reed Financial inc says q2 of 2016 included $24.1 million in charges related to severance, accelerated amortization of dac and project e implementation costs . As of june 30, 2016, aum declined 9% sequentially to $86 billion due mainly to outflows from institutional and unaffiliated distribution channels . Institutional channel experienced three material redemptions during quarter that accounted for $4.9 billion of $5.5 billion in total outflows .Waddell & Reed Financial inc says in q2 management fees declined 3% sequentially, while average assets under management declined 5%.  Full Article