Blackrock INC (BLK) Holder Crawford Investment Counsel INC Has Trimmed Holding by $12.57 Million as Share Value Rose

March 14, 2018 - By Adrian Erickson

Investors sentiment increased to 1.38 in Q3 2017. Its up 0.10, from 1.28 in 2017Q2. It improved, as 27 investors sold BLK shares while 287 reduced holdings. 103 funds opened positions while 331 raised stakes. 130.57 million shares or 0.55% more from 129.86 million shares in 2017Q2 were reported. Bnp Paribas Arbitrage Sa holds 0.11% or 101,655 shares in its portfolio. Opus Cap Group Incorporated Limited invested in 0.15% or 1,435 shares. Capital City Tru Com Fl holds 9,038 shares or 1.49% of its portfolio. Sumitomo Life Ins Com has 3,732 shares. Palouse Management Inc holds 2.57% or 17,179 shares in its portfolio. 1,994 were reported by Usca Ria Lc. Ashfield Cap Ltd Liability Company accumulated 12,162 shares. Lincoln Corp has 0.01% invested in BlackRock, Inc. (NYSE:BLK) for 666 shares. Park Corp Oh invested 0.02% of its portfolio in BlackRock, Inc. (NYSE:BLK). Rainier Inv Mgmt Limited Liability Company owns 5,340 shares. Sigma Planning has 0.06% invested in BlackRock, Inc. (NYSE:BLK). Art Advsr Lc holds 0.35% or 15,500 shares in its portfolio. Santa Barbara Asset Mngmt Ltd Limited Liability Company holds 346,348 shares or 2.47% of its portfolio. Hanson Doremus holds 65 shares. Joel Isaacson & Lc, a New York-based fund reported 1,000 shares.

Crawford Investment Counsel Inc decreased its stake in Blackrock Inc (BLK) by 16.36% based on its latest 2017Q3 regulatory filing with the SEC. Crawford Investment Counsel Inc sold 28,127 shares as the company’s stock rose 1.17% with the market. The institutional investor held 143,763 shares of the finance company at the end of 2017Q3, valued at $64.28 million, down from 171,890 at the end of the previous reported quarter. Crawford Investment Counsel Inc who had been investing in Blackrock Inc for a number of months, seems to be less bullish one the $90.47B market cap company. The stock decreased 0.86% or $4.87 during the last trading session, reaching $559.19. About 182,821 shares traded. BlackRock, Inc. (NYSE:BLK) has risen 12.19% since March 14, 2017 and is uptrending. It has underperformed by 4.51% the S&P500.

Crawford Investment Counsel Inc, which manages about $4.53B and $3.08B US Long portfolio, upped its stake in Hubbell Inc by 27,543 shares to 275,107 shares, valued at $31.92M in 2017Q3, according to the filing. It also increased its holding in Astrazeneca Plc (NYSE:AZN) by 158,795 shares in the quarter, for a total of 591,653 shares, and has risen its stake in Cisco Sys Inc (NASDAQ:CSCO).

Analysts await BlackRock, Inc. (NYSE:BLK) to report earnings on April, 18. They expect $6.46 EPS, up 23.05 % or $1.21 from last year’s $5.25 per share. BLK’s profit will be $1.05 billion for 21.64 P/E if the $6.46 EPS becomes a reality. After $6.24 actual EPS reported by BlackRock, Inc. for the previous quarter, Wall Street now forecasts 3.53 % EPS growth.

More notable recent BlackRock, Inc. (NYSE:BLK) news were published by: which released: “BlackRock poses tough questions to gunmakers and sellers” on March 02, 2018, also with their article: “Treasury Yield May Hit 4%, Says Former BlackRock Bond Manager” published on March 01, 2018, published: “BlackRock puts gunmakers on notice after Florida school shooting” on February 22, 2018. More interesting news about BlackRock, Inc. (NYSE:BLK) were released by: and their article: “BlackRock Is Exploring Index Funds That Omit Gun Makers, Retailers” published on March 02, 2018 as well as‘s news article titled: “BlackRock, Inc. and Kyriba Announce a Strategic Partnership to Help Optimize …” with publication date: March 06, 2018.

BlackRock, Inc. (NYSE:BLK) Ratings Coverage

Among 18 analysts covering BlackRock (NYSE:BLK), 12 have Buy rating, 0 Sell and 6 Hold. Therefore 67% are positive. BlackRock had 83 analyst reports since August 26, 2015 according to SRatingsIntel. The rating was maintained by Deutsche Bank with “Buy” on Thursday, March 17. As per Thursday, October 15, the company rating was maintained by Argus Research. The rating was maintained by UBS with “Buy” on Thursday, October 12. The stock of BlackRock, Inc. (NYSE:BLK) earned “Neutral” rating by Goldman Sachs on Wednesday, January 4. The firm has “Buy” rating by Credit Suisse given on Thursday, October 12. The rating was maintained by Argus Research with “Buy” on Friday, January 15. The rating was maintained by Credit Suisse with “Outperform” on Friday, August 11. The stock of BlackRock, Inc. (NYSE:BLK) earned “Hold” rating by Jefferies on Wednesday, January 10. The stock has “Overweight” rating by Barclays Capital on Friday, September 8. RBC Capital Markets maintained it with “Outperform” rating and $367 target in Thursday, January 21 report.

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