BlackRock, Inc. (BLK) Analysts See $6.46 EPS

March 22, 2018 - By Peter Erickson

 BlackRock, Inc. (BLK) Analysts See $6.46 EPS
Investors sentiment increased to 1.38 in Q3 2017. Its up 0.10, from 1.28 in 2017Q2. It improved, as 27 investors sold BlackRock, Inc. 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.
Virginia Retirement System Et Al stated it has 0.33% of its portfolio in BlackRock, Inc. (NYSE:BLK). Brown Advisory Inc reported 0.03% stake. Manufacturers Life Insurance The has 0.33% invested in BlackRock, Inc. (NYSE:BLK). Canandaigua Bancorp & Tru holds 0.3% or 3,562 shares in its portfolio. Holderness Co reported 610 shares. Bnp Paribas Arbitrage has 101,655 shares. Blair William And Communication Il holds 0.23% of its portfolio in BlackRock, Inc. (NYSE:BLK) for 69,445 shares. First Interstate Commercial Bank accumulated 0.21% or 2,157 shares. National Bank & Trust Of Montreal Can invested in 100,815 shares or 0.04% of the stock. Albion Group Ut reported 727 shares. Cetera Advisor Networks Limited Liability reported 824 shares. Pioneer Tru Savings Bank N A Or owns 10,480 shares for 2.43% of their portfolio. 7,572 are held by Liberty Mutual Gru Asset Management Incorporated. Macquarie Gru Ltd reported 0.03% of its portfolio in BlackRock, Inc. (NYSE:BLK). Daiwa Securities Grp Incorporated holds 0.07% or 22,339 shares.

Analysts expect BlackRock, Inc. (NYSE:BLK) to report $6.46 EPS on April, 18.They anticipate $1.21 EPS change or 23.05 % from last quarter’s $5.25 EPS. BLK’s profit would be $1.05B giving it 21.34 P/E if the $6.46 EPS is correct. After having $6.24 EPS previously, BlackRock, Inc.’s analysts see 3.53 % EPS growth. The stock decreased 2.25% or $12.69 during the last trading session, reaching $551.47. About 271,633 shares traded. BlackRock, Inc. (NYSE:BLK) has risen 12.19% since March 22, 2017 and is uptrending. It has underperformed by 4.51% the S&P500.

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 84 analyst reports since August 26, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, September 25 by Jefferies. The company was maintained on Tuesday, January 16 by Wells Fargo. The rating was maintained by Credit Suisse with “Outperform” on Tuesday, April 12. The company was downgraded on Friday, July 15 by Keefe Bruyette & Woods. Jefferies maintained it with “Hold” rating and $357 target in Monday, July 11 report. Barclays Capital maintained the stock with “Equal-Weight” rating in Thursday, October 13 report. Deutsche Bank maintained the stock with “Buy” rating in Tuesday, January 26 report. The stock of BlackRock, Inc. (NYSE:BLK) earned “Outperform” rating by RBC Capital Markets on Thursday, January 21. The firm has “Equal-Weight” rating by Barclays Capital given on Tuesday, April 5. As per Thursday, October 12, the company rating was maintained by JP Morgan.

BlackRock, Inc. is a publicly owned investment manager. The company has market cap of $89.22 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 18.24 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 puts gunmakers on notice after Florida school shooting” on February 22, 2018, also with their article: “Umicore – Transparency notifications by BlackRock, Inc” published on March 02, 2018, published: “BlackRock Shuns Italian Bonds as Political Turmoil Adds to Gloom” on March 20, 2018. More interesting news about BlackRock, Inc. (NYSE:BLK) were released by: and their article: “Why BlackRock, Inc. Is the King of Investment Firms” published on February 28, 2018 as well as‘s news article titled: “BlackRock says outside commentaries on index funds could pose risk” with publication date: February 28, 2018.

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