$6.71 EPS Expected for BlackRock, Inc. (BLK)

June 22, 2018 - By reb123z

BlackRock, Inc. (NYSE:BLK) LogoInvestors sentiment decreased to 0.99 in Q1 2018. Its down 0.20, from 1.19 in 2017Q4. It is negative, as 51 investors sold BlackRock, Inc. shares while 357 reduced holdings. 99 funds opened positions while 306 raised stakes. 129.75 million shares or 0.11% more from 129.61 million shares in 2017Q4 were reported.
St Germain D J owns 3,290 shares or 0.22% of their US portfolio. Stifel Financial reported 175,085 shares stake. Farmers & Merchants invested in 13,237 shares or 0.54% of the stock. Greenwood Capital Ltd Liability Corporation has 10,833 shares for 1.43% of their portfolio. Sg Americas Ltd Co, New York-based fund reported 10,370 shares. The Tennessee-based Patten Grp Incorporated has invested 0.1% in BlackRock, Inc. (NYSE:BLK). Gam Hldgs Ag owns 1,922 shares. Dowling Yahnke Limited Liability Company invested in 5,519 shares. Piedmont Invest Limited Liability Company stated it has 18,712 shares or 0.27% of all its holdings. Gulf Savings Bank (Uk) Ltd invested 0.27% in BlackRock, Inc. (NYSE:BLK). Guardian Life Ins Of America owns 284 shares. Asset Mgmt, Michigan-based fund reported 7,343 shares. Ing Groep Nv has invested 0.01% of its portfolio in BlackRock, Inc. (NYSE:BLK). Mai Cap Mngmt accumulated 7,963 shares or 0.24% of the stock. Bp Plc owns 14,300 shares or 0.28% of their US portfolio.

Analysts expect BlackRock, Inc. (NYSE:BLK) to report $6.71 EPS on July, 16.They anticipate $1.47 EPS change or 28.05 % from last quarter’s $5.24 EPS. BLK’s profit would be $1.08 billion giving it 19.55 P/E if the $6.71 EPS is correct. After having $6.70 EPS previously, BlackRock, Inc.’s analysts see 0.15 % EPS growth. The stock decreased 0.07% or $0.39 during the last trading session, reaching $524.59. About 144,158 shares traded. BlackRock, Inc. (NYSE:BLK) has risen 32.79% since June 22, 2017 and is uptrending. It has outperformed by 20.22% the S&P500.

BlackRock, Inc. (NYSE:BLK) Ratings Coverage

Among 8 analysts covering Blackrock Inc (NYSE:BLK), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Blackrock Inc had 14 analyst reports since January 10, 2018 according to SRatingsIntel. Credit Suisse maintained the stock with “Outperform” rating in Friday, April 13 report. Citigroup downgraded the stock to “Hold” rating in Thursday, January 25 report. Keefe Bruyette & Woods maintained BlackRock, Inc. (NYSE:BLK) on Tuesday, April 10 with “Hold” rating. As per Wednesday, March 14, the company rating was maintained by JP Morgan. The rating was maintained by Wells Fargo with “Hold” on Tuesday, January 16. Jefferies maintained the shares of BLK in report on Wednesday, January 10 with “Hold” rating. The rating was maintained by Jefferies with “Hold” on Wednesday, April 11. The stock has “Buy” rating by Credit Suisse on Thursday, April 5. Deutsche Bank maintained BlackRock, Inc. (NYSE:BLK) rating on Tuesday, March 6. Deutsche Bank has “Buy” rating and $623 target. The stock has “Buy” rating by Deutsche Bank on Monday, January 15.

BlackRock, Inc. is a publicly owned investment manager. The company has market cap of $84.53 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. It has a 16.54 P/E ratio. It also provides global risk management and advisory services.

More notable recent BlackRock, Inc. (NYSE:BLK) news were published by: 247Wallst.com which released: “Top Analyst Upgrades and Downgrades: BlackRock, Chevron, Disney, Intel, Kinder Morgan, Zillow and More” on June 18, 2018, also Seekingalpha.com with their article: “ETF price wars: BlackRock slashes more fees” published on June 05, 2018, Seekingalpha.com published: “Recent Purchase: BlackRock” on June 18, 2018. More interesting news about BlackRock, Inc. (NYSE:BLK) were released by: Investorplace.com and their article: “7 Founder-Led Companies to Own Forever” published on June 20, 2018 as well as Seekingalpha.com‘s news article titled: “BlackRock closing 16 US iShares ETFs in August” with publication date: June 19, 2018.

BlackRock, Inc. (NYSE:BLK) Ratings Chart

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