|Bid||437.72 x 800|
|Ask||446.87 x 3000|
|Day's Range||444.63 - 449.14|
|52 Week Range||360.79 - 530.58|
|Beta (3Y Monthly)||1.37|
|PE Ratio (TTM)||16.86|
|Forward Dividend & Yield||13.20 (3.18%)|
|1y Target Est||N/A|
BlackRock Inc NYSE:BLKView full report here! Summary * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for BLK with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting BLK. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold BLK had net inflows of $4.92 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
BlackRock, Vanguard and State Street Global Advisors are on course to control four votes out of every 10 cast at large US companies, as regulators and policymakers probe the wider consequences of their increasing dominance of the investment market. The influence of the Big Three, which have mopped up trillions of dollars of index investments in recent years, is being viewed by politicians as a possible antitrust issue. BlackRock, Vanguard and SSGA, which collectively manage more than $14tn, account for a quarter of votes cast at S&P 500 companies.
BlackRock Inc. (NYSE: BLK )'s iShares brand, the world's largest issuer of exchange traded funds, is looking to flex its muscles in the thematic ETF arena — the group of funds emphasizing narrow, but often ...
BlackRock (BLK) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The world’s largest asset manager, which runs some of the cheapest investment products available, plans to place a greater focus on the quality of the engineering, construction and management of its funds going forward, according to Armando Senra, who recently took over as head of the firm’s exchange-traded fund business for the U.S., Canada and Latin America. “There’s too much emphasis purely on cost,” said Senra, speaking at a press event on the “megatrends” that BlackRock sees driving global growth. BlackRock has already lowered the cost of its broad indexed products to as little as 30 cents for every $1,000 invested, but it’s now developing more sophisticated funds that can also justify higher fees.
The U.S. asset manager’s landmark acquisition of Barclays Global Investors looks like a masterstroke by CEO Larry Fink.
After several tireless days we have finished crunching the numbers from nearly 750 13F filings issued by the elite hedge funds and other investment firms that we track at Insider Monkey, which disclosed those firms' equity portfolios as of March 31. The results of that effort will be put on display in this article, as […]
The Federal Reserve may reduce key U.S. interest rates by between 25 and 50 basis points in the coming months due to global trade conflicts and signs of a cooling jobs market, BlackRock's top bond manager Rick Rieder said on Friday. "From a policy standpoint, then, we think that the weakening in labor markets, when combined with trade uncertainty, open the window for the Fed to ease rate policy over the coming year, and maybe between 0.25% and 0.50% in cuts over the next few months," Rieder said in a statement.
Weinstein’s Saba Capital Master Fund accused some BlackRock closed-end funds and their boards of unilaterally adopting corporate governance rules that favor board incumbents, according to the case filed June 4 in Delaware Chancery Court. Saba said that the funds’ bylaws makes it easier for uncontested incumbents to win re-election, while outsider nominees in contested elections have a higher bar to clear. The suit said that the bylaws allow uncontested incumbents to win re-election with a plurality of votes, while dissident nominees in contested elections must get a majority of outstanding shares.
The rescue of Carige is in disarray after U.S. giant BlackRock last month pulled out of a plan to provide the bulk of a proposed 720 million euro ($807 million) capital injection for the Genoa-based bank. The commissioners appointed in January by the European Central Bank are racing against the clock to find an alternative buyer, and stave off the risk of liquidation. "We expect news from the commissioners in the coming days", UBI CEO Victor Massiah said on the sidelines of an event in Rome, adding that "a market solution would be preferable".
BlackRock, the world's biggest asset manager, has hired Carole Crozat to head up thematic research in its sustainable investment team, staff were told on Wednesday in a memo seen by Reuters. Crozat, most recently head of sustainability research at French brokerage Exane, would help develop a research platform and assist in the creation of new products, as well as the integration of sustainable investing across the company. Based in Paris, Crozat will report to unit chief Andre Bertolotti, the memo from Global Head of Sustainable Investing Brian Deese said, decribing her as "a widely respected figure in the field".
The market hasn’t priced the inflationary impact of tariffs, she said, and the Federal Reserve will likely ease policy “very aggressively” should growth meaningfully slow. “It’s almost a win-win on the steepener at some level,” Wright-Casparius said at the Bloomberg Invest New York conference Tuesday. The U.S.’s increasingly fractious relationships with China and Mexico, as well as a darkening growth outlook, have investors betting that the Federal Reserve will slash its target rate by around half a percentage point this year.
While higher legal costs are likely to hurt Bank of America's (BAC) profits, higher rates and loan growth will continue to aid revenues.