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

June 18, 2018 - By Stephen Andrade

BlackRock, Inc. (NYSE:BLK) LogoInvestors sentiment decreased to 0.99 in 2018 Q1. Its down 0.20, from 1.19 in 2017Q4. It worsened, 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.
Ibm Retirement Fund reported 2,745 shares stake. Moreover, Riverhead Cap Management Ltd has 0.09% invested in BlackRock, Inc. (NYSE:BLK) for 3,847 shares. Morgan Stanley has invested 0.24% in BlackRock, Inc. (NYSE:BLK). Green Square Capital Llc owns 1,268 shares. Hermes Mgmt Limited reported 2,386 shares. King Wealth has 0.09% invested in BlackRock, Inc. (NYSE:BLK) for 475 shares. Aqr Cap Management Limited Liability Corp has 0.05% invested in BlackRock, Inc. (NYSE:BLK). Torray Lc holds 34,745 shares. Pensionfund Dsm Netherlands, a Netherlands-based fund reported 7,000 shares. 559 were reported by Independent Invsts. Andra Ap owns 10,500 shares or 0.15% of their US portfolio. South State accumulated 0.04% or 574 shares. 39,667 were reported by Ferguson Wellman Capital Management. West Oak Limited Liability reported 0% stake. 135 are held by Baldwin Brothers Inc Ma.

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 $1.08B giving it 19.59 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 increased 0.23% or $1.22 during the last trading session, reaching $525.74. About 227,167 shares traded. BlackRock, Inc. (NYSE:BLK) has risen 32.79% since June 18, 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), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Blackrock Inc had 14 analyst reports since December 21, 2017 according to SRatingsIntel. Keefe Bruyette & Woods maintained BlackRock, Inc. (NYSE:BLK) rating on Tuesday, April 10. Keefe Bruyette & Woods has “Hold” rating and $61400 target. Deutsche Bank maintained the shares of BLK in report on Tuesday, March 6 with “Buy” rating. The rating was maintained by Credit Suisse with “Outperform” on Friday, April 13. The stock has “Buy” rating by Deutsche Bank on Friday, April 6. As per Wednesday, March 14, the company rating was maintained by JP Morgan. The stock of BlackRock, Inc. (NYSE:BLK) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. The firm has “Buy” rating by Credit Suisse given on Thursday, April 5. The company was maintained on Wednesday, January 10 by Jefferies. As per Wednesday, April 11, the company rating was maintained by Jefferies. The rating was downgraded by Citigroup on Thursday, January 25 to “Hold”.

BlackRock, Inc. is a publicly owned investment manager. The company has market cap of $84.72 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 16.57 P/E ratio. It also provides global risk management and advisory services.

More notable recent BlackRock, Inc. (NYSE:BLK) news were published by: Seekingalpha.com which released: “Recent Purchase: BlackRock” on June 18, 2018, also 247Wallst.com with their article: “Top Analyst Upgrades and Downgrades: BlackRock, Chevron, Disney, Intel, Kinder Morgan, Zillow and More” published on June 18, 2018, Seekingalpha.com published: “ETF price wars: BlackRock slashes more fees” on June 05, 2018. More interesting news about BlackRock, Inc. (NYSE:BLK) were released by: Seekingalpha.com and their article: “BlackRock: Wait For A Better Price” published on May 22, 2018 as well as Businesswire.com‘s news article titled: “BlackRock Announces Changes to US iShares Fund Lineup” with publication date: June 15, 2018.

BlackRock, Inc. (NYSE:BLK) Ratings Chart

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