BlackRock, Inc. (BLK) Releases Earnings Results, Beats Estimates By $0.43 EPS

Remigio Civitarese
Ottobre 13, 2017

The Conning Inc holds 69,700 shares with $29.44M value, up from 67,727 last quarter. Msci Inc now has $11.03B valuation. It is down 40.78% since October 12, 2016 and is uptrending. It has outperformed by 14.63% the S&P500. BlackRock has a 52 week low of $336.84 and a 52 week high of $474.37. Therefore 75% are positive. The stock was sold at an average price of $415.31, for a total transaction of $1,526,264.25. BlackRock had 70 analyst reports since August 26, 2015 according to SRatingsIntel. Deutsche Bank maintained BlackRock, Inc. (NYSE:BLK). Weatherstone Mgmt stated it has 582 shares. Deutsche Bank has "Buy" rating and $383 target. On Friday, January 15 the stock rating was maintained by Argus Research with "Buy". The company was upgraded on Thursday, September 28 by Goldman Sachs. J P Morgan Chase & Co raised their price target on BlackRock to $558.00 and gave the company an "overweight" rating in a research report on Thursday. The rating was maintained by Deutsche Bank with "Buy" on Wednesday, October 5. (NYSE:BLK) on Thursday, September 28 to "Buy" rating. Barclays Capital initiated the shares of BLK in report on Friday, September 8 with "Overweight" rating. Wood maintained the stock with "Outperform" rating in Thursday, September 3 report. The rating was maintained by Keefe Bruyette & Woods with "Hold" on Friday, June 23. Proficio Capital Partners LLC increased its holdings in BlackRock by 48.9% during the 1st quarter. Salem Investment Counselors Inc. now owns 240 shares of the asset manager's stock valued at $101,000 after purchasing an additional 30 shares during the period. Bnp Paribas Arbitrage has invested 0.03% in Msci Inc (NYSE:MSCI). Moreover, Td Asset Management has 0.01% invested in Msci Inc (NYSE:MSCI). Schwab Charles Inv Mgmt reported 400,707 shares. 2,746 are held by Pitcairn Co. Alliancebernstein LP reported 323,386 shares. Oregon Employees Retirement Fund invested in 0.09% or 49,194 shares. (NYSE:BLK). Hallmark Cap Management Incorporated holds 38,908 shares or 2.2% of its portfolio. Private Advisor Gp Lc has invested 0.01% in Msci Inc (NYSE:MSCI). 83,517 are held by Robeco Institutional Asset Mngmt Bv. Shelton Cap Management has invested 0.22% in BlackRock, Inc. (NYSE:BLK). Panagora Asset Mngmt holds 0.01% in BlackRock, Inc. MSCI Inc. had 10 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has "Hold" rating by Jefferies given on Monday, July 11. Northcoast downgraded the shares of MSCI in report on Monday, August 31 to "Neutral" rating. Barclays Capital maintained the shares of BLK in report on Wednesday, August 26 with "Equal-Weight" rating. (NYSE:BLK) rating on Tuesday, April 12. Canaccord Genuity maintained BP plc (LON:BP) rating on Friday, June 16. The firm has "Buy" rating given on Tuesday, November 10 by Cantor Fitzgerald.

Papp L Roy & Associates increased Johnson & Johnson (NYSE:JNJ) stake by 5,145 shares to 85,389 valued at $11.30M in 2017Q2. Pra Health Sciences Inc was raised too. $207,404 worth of Msci Inc (NYSE:MSCI) shares were sold by Pettit CD Baer. Analysts anticipate that BlackRock will post $22.01 earnings per share for the current year. (NYSE:BLK) have shifted north recently, touching a new 52-week high. The Los Angeles Capital Management & Equity Research Inc holds 32,386 shares with $13.68 million value, up from 27,206 last quarter. BP's profit will be $73.18M for 331.93 P/E if the $0.37 EPS becomes a reality.

Credit Suisse's Craig Siegenthaler and his team take a look at BlackRock today (BLK), writing that it's their top pick among traditional asset managers, thanks to its strong inflows and earnings per share growth between 15% and 20%.

Investors sentiment increased to 1.28 in Q2 2017. Its up 0.09, from 1.19 in 2017Q1. It is positive, as 40 investors sold BLK shares while 284 reduced holdings. Its products are offered directly and through intermediaries in a range of vehicles, including open-end and closed-end mutual funds, iShares exchange-traded funds (ETFs), separate accounts, collective investment funds and other pooled investment vehicles. 129.86 million shares or 1.53% more from 127.89 million shares in 2017Q1 were reported. (NYSE:BLK) or 6,939 shares. 423 are held by Patten Gru. The stock rose 0.68% or $3.23 reaching $477.16 per share. Walter & Keenan Consulting Company Mi Adv has invested 0.13% in BlackRock, Inc. 1,814 are owned by Virtus Advisers.

Equities researchers at Jefferies Group issued their FY2019 earnings per share estimates for BlackRock in a note issued to investors on Tuesday. (NYSE:BLK). Tower Cap Ltd Llc (Trc) owns 280 shares or 0.01% of their U.S. portfolio. (NYSE:BLK) for 47 shares. Its up 136.36% from 1,100 shares previously. Whalerock Point Prns Ltd Liability Co, a Rhode Island-based fund reported 1,491 shares. The Japan-based Asset Mngmt One Ltd has invested 0.2% in BlackRock, Inc. (NYSE:BLK). Endurance Wealth holds 0% of its portfolio in BlackRock, Inc.

BlackRock, Inc (BlackRock) is an investment management company. Its diverse platform of active (alpha) and index (beta) investment strategies across asset classes enables the Company to tailor investment outcomes and asset allocation solutions for clients. BP plc (LON:BP) has 0.00% since October 12, 2016 and is. It has underperformed by 4.51% the S&P500.

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