BlackRock, Inc. (BLK) EPS Estimated At $6.82

BlackRock, Inc. (NYSE:BLK) Logo
Investors sentiment increased to 1.38 in Q1 2019. Its up 0.44, from 0.94 in 2018Q4. It improved, as 50 investors sold BlackRock, Inc. shares while 280 reduced holdings. 104 funds opened positions while 351 raised stakes. 122.61 million shares or 6.52% less from 131.16 million shares in 2018Q4 were reported.
Gateway Investment Advisers invested 0.02% of its portfolio in BlackRock, Inc. (NYSE:BLK). Modera Wealth Mgmt Ltd Liability Corporation stated it has 0.05% of its portfolio in BlackRock, Inc. (NYSE:BLK). Cumberland Ptnrs Limited has 0.08% invested in BlackRock, Inc. (NYSE:BLK) for 1,892 shares. Charles Schwab Mngmt has invested 0.24% in BlackRock, Inc. (NYSE:BLK). Confluence Wealth Mngmt Ltd Liability Corp, a Oregon-based fund reported 1,555 shares. 529 were accumulated by Parkside Bank & Trust Tru. American Century Companies invested in 266,680 shares. Buckhead Cap Mngmt Limited accumulated 1.91% or 14,314 shares. Alphamark Advsr Limited Liability Corp stated it has 336 shares or 0.06% of all its holdings. Schwartz Invest Counsel Inc holds 50,100 shares. Ent Finance Corp holds 0.02% of its portfolio in BlackRock, Inc. (NYSE:BLK) for 232 shares. Oakworth Cap reported 703 shares. 628 are held by Eqis Capital Mgmt. 4,367 are owned by Blue Fincl Cap. Amalgamated National Bank holds 15,556 shares or 0.16% of its portfolio.

Analysts expect BlackRock, Inc. (NYSE:BLK) to report $6.82 EPS on July, 15.They anticipate $0.16 EPS change or 2.40 % from last quarter’s $6.66 EPS. BLK’s profit would be $1.06B giving it 16.36 P/E if the $6.82 EPS is correct. After having $6.61 EPS previously, BlackRock, Inc.’s analysts see 3.18 % EPS growth. The stock increased 0.71% or $3.13 during the last trading session, reaching $446.25. About 416,832 shares traded. BlackRock, Inc. (NYSE:BLK) has declined 17.67% since June 13, 2018 and is downtrending. It has underperformed by 22.10% the S&P500.

BlackRock, Inc. (NYSE:BLK) Ratings Coverage

Among 6 analysts covering BlackRock (NYSE:BLK), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. BlackRock had 11 analyst reports since December 19, 2018 according to SRatingsIntel. Citigroup maintained the shares of BLK in report on Monday, April 15 with “Buy” rating. The stock of BlackRock, Inc. (NYSE:BLK) has “Buy” rating given on Wednesday, December 19 by Citigroup. On Tuesday, January 29 the stock rating was upgraded by Jefferies to “Buy”. The stock of BlackRock, Inc. (NYSE:BLK) earned “Hold” rating by Deutsche Bank on Friday, March 15. Morgan Stanley maintained it with “Overweight” rating and $545 target in Wednesday, April 17 report. On Thursday, March 14 the stock rating was maintained by Barclays Capital with “Buy”. The company was downgraded on Friday, January 11 by Deutsche Bank. The firm has “Overweight” rating by Barclays Capital given on Tuesday, February 19. The stock has “Overweight” rating by Morgan Stanley on Friday, January 4. The stock has “Overweight” rating by Barclays Capital on Wednesday, April 17.

BlackRock, Inc. is a publicly owned investment manager. The company has market cap of $69.31 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 16.83 P/E ratio. It also provides global risk management and advisory services.

More notable recent BlackRock, Inc. (NYSE:BLK) news were published by: which released: “BlackRock Declares Quarterly Dividend of $3.30 on Common Stock – Business Wire” on May 23, 2019, also with their article: “An Open Letter To BlackRock’s Larry Fink – Seeking Alpha” published on May 29, 2019, published: “Hedge Funds Have Never Been This Bullish On BlackRock, Inc. (BLK) – Yahoo Finance” on June 11, 2019. More interesting news about BlackRock, Inc. (NYSE:BLK) were released by: and their article: “Jefferies Top Value Buys May Be Safe Options for a Dangerous Summer – 24/7 Wall St.” published on June 04, 2019 as well as‘s news article titled: “Did Hedge Funds Drop The Ball On QUALCOMM, Incorporated (QCOM) ? – Yahoo Finance” with publication date: June 11, 2019.

BlackRock, Inc. (NYSE:BLK) Ratings Chart

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