As of April, 18 The EPS for BlackRock, Inc. (BLK) Expected At $6.46

April 17, 2018 - By Eula Gilbert

BlackRock, Inc. (NYSE:BLK) Corporate Logo
During Q4 2017 the big money sentiment decreased to 1.19. That’s change of 0.19, from 2017Q3’s 1.38. 42 investors sold all, 325 reduced holdings as BlackRock, Inc. ratio turned negative. 313 rose stakes while 122 funds acquired stakes. Funds hold 129.61 million shares thus 0.73% less from 2017Q3’s 130.57 million shares.
Meiji Yasuda Asset Management Ltd has invested 0.1% in BlackRock, Inc. (NYSE:BLK). Pioneer Trust Bankshares N A Or reported 2.7% in BlackRock, Inc. (NYSE:BLK). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.23% in BlackRock, Inc. (NYSE:BLK) or 51,419 shs. City Tru Comm Fl reported 9,096 shs or 1.72% of all its holdings. Acadian Asset Management Ltd Llc invested 0.01% of its capital in BlackRock, Inc. (NYSE:BLK). 153,131 are owned by Balyasny Asset Management Ltd Liability Corporation. Alley Limited Co accumulated 15,498 shs. Savant Capital Ltd Liability Co has invested 0.12% in BlackRock, Inc. (NYSE:BLK). Forward Mgmt Ltd Llc has 3,399 shs for 0.2% of their capital. Welch & Forbes Limited Liability Company has 985 shs for 0.01% of their capital. First Republic invested 0.21% of its capital in BlackRock, Inc. (NYSE:BLK). Moreover, Granite Investment Prtnrs Ltd Liability has 0.49% invested in BlackRock, Inc. (NYSE:BLK). State Common Retirement Fund invested in 0.22% or 357,700 shs. Howe Rusling Inc holds 8,166 shs. Willingdon Wealth Management invested in 1.27% or 7,506 shs.

On April, 18 is awaited BlackRock, Inc. (NYSE:BLK)’s earnings report, Faxor reports. EPS of $6.46 is 23.05 % up from 2017’s $5.25 EPS. If BLK’s EPS is $6.46 the profit will reach $1.04B for 20.31 P/E. Wall Street now predicts 3.53 % EPS growth despite BlackRock, Inc. last quarter’s EPS of $6.24. The stock increased 0.02% or $0.08 during the last trading session, reaching $524.85.BlackRock, Inc. has 789,539 shares volume, 25.93% up from normal. BLK is uptrending and has moved 41.90% since April 17, 2017. The stock outperformed the S&P500 by 30.35%.

BlackRock, Inc. (NYSE:BLK) Ratings Coverage

Total analysts of 8 have positions in Blackrock Inc (NYSE:BLK) as follows: 4 rated it a “Buy”, 0 with “Sell” and 4 with “Hold”. The positive are 50%. Since December 21, 2017 according to StockzIntelligence Inc Blackrock Inc has 14 analyst reports. On Monday, January 15 the firm has “Buy” rating given by Deutsche Bank. On Tuesday, March 6 Deutsche Bank maintained BlackRock, Inc. (NYSE:BLK) rating. Deutsche Bank has “Buy” rating and $623 target. On Thursday, December 21 the firm has “Hold” rating given by Keefe Bruyette & Woods. In Tuesday, January 16 report Wells Fargo maintained the stock with “Hold” rating. On Friday, April 13 the rating was maintained by Credit Suisse with “Outperform”. On Thursday, January 25 Citigroup downgraded BlackRock, Inc. (NYSE:BLK) rating. Citigroup has “Hold” rating and $625.0 target. In Wednesday, January 10 report Jefferies maintained it with “Hold” rating and $521.0 target. On Wednesday, April 11 the rating was maintained by Jefferies with “Hold”. On Wednesday, March 14 the firm has “Overweight” rating given by JP Morgan. The stock rating was maintained by Keefe Bruyette & Woods with “Hold” on Tuesday, April 10.

BlackRock, Inc. is a publicly owned investment manager.The firm is valued at $84.65 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.The P/E ratio is 16.55. It also provides global risk management and advisory services.

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

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