Do Big Money Love Blackrock Inc (NYSE:BLK), Sentiment at 0.99

June 27, 2018 - By Bridget Boland

BlackRock, Inc. (NYSE:BLK) Corporate Logo

“Big money” Positions

In Q1 2018 Blackrock Inc (NYSE:BLK) big money sentiment decreased to 0.99, SEC filings reveal. So its down -0.20, from 2017Q4’s 1.19. 405 active investment managers started new or increased holdings, while 408 trimmed and sold stakes in Blackrock Inc so the sentiment worsened. These funds own 129.75 million shares, that’s up from 129.61 million shares in 2017Q4. Funds holding Blackrock Inc in top 10 changed to 43 from 42 for an increase of 1. 51 Investors Sold All; 357 Reduced Holdings; 306 increased stakes while 99 active investment managers bought stakes.

Most Blackrock Inc Investors

As of Q1 2018 Mizuho Financial Group Inc has 99.71% invested in Blackrock Inc. Blackrock Inc’s shareholder Pnc Financial Services Group Inc. owns 34.22 million shares as of Q1 2018. Davis Capital Partners Llc reported 180,000 shares. The Ohio-based fund Cincinnati Insurance Co have invested about 6.12% of the active investment manager’s stock portfolio in Blackrock Inc. The Missouri-based fund Bush Odonnell Investment Advisors Inc holds 7,285 shares or 5.55% of their equity exposure.

BlackRock, Inc. is a publicly owned investment manager.The firm is valued at $82.31 billion. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, firms, official institutions, and banks.16.1 is the P/E ratio. It also provides global risk management and advisory services.

The stock decreased 0.84% or $4.32 during the last trading session, hitting $510.82.BlackRock, Inc. has 680,480 shares volume, 24.00% up from normal. BLK is uptrending and has moved 32.79% since June 27, 2017. The stock outperformed the S&P 500 by 20.22%.

BlackRock, Inc. (NYSE:BLK) is anticipated to reveal earnings on July, 16., according to RTT. This year’s EPS analyst estimate is anticipated to be $6.71. That is 28.05 % up compareed to $5.24 EPS for last year. If the current EPS of $6.71 is accurate, BLK’s profit could reach $1.08B. Last quarter $6.70 EPS was reported. Analysts forecasts 0.15 % EPS growth this quarter.

Baldwin Inv Mngmt Ltd Co has invested 0.21% in BlackRock, Inc. (NYSE:BLK). Manchester Management invested in 1,590 shs. The Michigan-based Ls Advsrs Lc has invested 1.16% in BlackRock, Inc. (NYSE:BLK). Oregon Employees Retirement Fund holds 28,670 shs or 0.23% of its capital. First Pacific Advsr Lc has 2,250 shs. Foster Dykema Cabot & Com Inc Ma holds 9,468 shs. 581 were accumulated by Adirondack Trust Communications. Old National Bancorp In holds 26,510 shs or 0.76% of its capital. Moreover, Harris Associates Lp has 0.1% invested in BlackRock, Inc. (NYSE:BLK). Roberts Glore And Inc Il holds 0.23% or 674 shs in its capital. Barrett Asset Mngmt Ltd Liability Com holds 2.46% in BlackRock, Inc. (NYSE:BLK) or 63,977 shs. Heritage Invsts stated it has 0.95% of its capital in BlackRock, Inc. (NYSE:BLK). Blue Finance Cap holds 1.28% or 4,177 shs in its capital. Field Main State Bank stated it has 102 shs or 0.05% of all its holdings. Davis R M Inc has 0.01% invested in BlackRock, Inc. (NYSE:BLK) for 612 shs.

BlackRock, Inc. (NYSE:BLK) Ratings Coverage

A total of 8 analysts rate Blackrock Inc (NYSE:BLK) as follows: 5 “Buy”, 3 “Hold” and 0 “Sell”. Тherefore 63% are bullish. The firm has $682 highest and $521.0 lowest target. The avg target $614 is 20.20% above the last ($510.82) price. (NYSE:BLK) has 14 ratings reports on 27 Jun 2018 according to StockzIntelligence. On Tuesday, January 16 the stock has “Hold” rating by Wells Fargo. On Monday, June 18 the stock of BlackRock, Inc. (NYSE:BLK) has “Buy” rating given by Citigroup. On Wednesday, March 14 the rating was maintained by JP Morgan with “Overweight”. The company rating was maintained by Jefferies on Wednesday, January 10. On Friday, April 6 Deutsche Bank maintained BlackRock, Inc. (NYSE:BLK) rating. Deutsche Bank has “Buy” rating and $614 target. On Thursday, January 25 the stock of BlackRock, Inc. (NYSE:BLK) earned “Hold” rating by Citigroup. On Friday, April 13 the rating was maintained by Credit Suisse with “Outperform”. On Monday, January 15 the firm earned “Buy” rating by Deutsche Bank. In Thursday, April 5 report Credit Suisse maintained it with “Buy” rating and $67800 target. In Tuesday, April 10 report Keefe Bruyette & Woods maintained it with “Hold” rating and $61400 target.

For more BlackRock, Inc. (NYSE:BLK) news brought out recently go to: Seekingalpha.com, Investorplace.com, Fool.com, Globenewswire.com or Businesswire.com. The titles are as follows: “Recent Purchase: BlackRock” brought out on June 18, 2018, “3 Big Stock Charts for Wednesday: Procter & Gamble, Tyson Foods and BlackRock” on June 27, 2018, “Forget Penny Stocks: Your Money Is Better Off in These 3 Companies” with a publish date: June 27, 2018, “BlackRock® Canada Announces Final June Cash Distributions for the iShares® Premium Money Market ETF” and the last “BlackRock to Report Second Quarter 2018 Earnings on July 16” with publication date: June 25, 2018.

BlackRock, Inc. (NYSE:BLK) Analyst Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.