BLK - BlackRock, Inc.

NYSE - NYSE Delayed Price. Currency in USD
422.67
+7.26 (+1.75%)
At close: 4:02PM EDT

422.67 0.00 (0.00%)
After hours: 4:56PM EDT

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Previous Close415.41
Open420.57
Bid0.00 x 800
Ask423.59 x 1000
Day's Range418.94 - 423.31
52 Week Range360.79 - 557.00
Volume494,947
Avg. Volume660,963
Market Cap67.002B
Beta (3Y Monthly)1.21
PE Ratio (TTM)15.90
EPS (TTM)26.58
Earnings DateApr 10, 2019 - Apr 15, 2019
Forward Dividend & Yield13.20 (3.16%)
Ex-Dividend Date2019-03-05
1y Target Est475.75
Trade prices are not sourced from all markets
  • Vanguard Poised to Top BlackRock in First Quarter U.S. ETF Flows
    Bloomberg5 hours ago

    Vanguard Poised to Top BlackRock in First Quarter U.S. ETF Flows

    The $5 trillion asset manager’s U.S. ETFs absorbed about $17 billion since year-end, meaning it’s poised to exceed other issuers for the period -- including BlackRock Inc., data compiled by Bloomberg show. BlackRock is in second place with about $14 billion in U.S. iShares net flows as of March 25, setting up a swap between the two behemoths in the final days of the quarter that hasn’t occurred since 2016, the data show. The duo, which control 65 percent of the $3.8 trillion U.S. ETF industry, are locked in a brutal competition for investment in their ETFs.

  • BlackRock & Varde Plan to Buy Bad Loans of Banca Carige
    Zacks13 hours ago

    BlackRock & Varde Plan to Buy Bad Loans of Banca Carige

    BlackRock (BLK) and Varde Partners are planning to submit rival bids for Banca Carige by mid-April.

  • Reuters15 hours ago

    India's HCC to sell litigation claims to BlackRock-led investors

    Hindustan Construction Company Ltd (HCC) said on Tuesday it would sell rights to a portfolio of awards and claims on projects tied up in litigation to a consortium of investors led by BlackRock Inc for 17.50 billion rupees ($254.2 million). The deal is likely a relief for the engineering and construction company, which has seen its financials suffer as a result of stalled projects and payments held back by the government against claims by contractors.

  • Reuters16 hours ago

    India's Hindustan Construction to move awards, claims to BlackRock-led investors

    Hindustan Construction Company Ltd said on Tuesday it would transfer the rights in a portfolio of its awards and claims to a consortium of investors led by BlackRock Inc for 17.50 billion rupees . The ...

  • GlobeNewswireyesterday

    BlackRock® Canada Announces Final March Cash Distributions for the iShares® Premium Money Market ETF

    TORONTO, March 25, 2019 -- BlackRock Asset Management Canada Limited  (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced.

  • Reutersyesterday

    BlackRock, Varde set to submit bids for Italy's Carige -sources

    U.S. funds Varde Partners and BlackRock plan to submit rival bids for troubled Italian lender Banca Carige by mid-April, three sources close to the matter said on Monday. The European Central Bank on Jan. 2 placed Italy's 10th largest bank under special administration and asked it to find a buyer to stave off the risk of state intervention. BlackRock, the world's largest asset manager, is particularly interested in Carige's bad loans and in its private banking unit Banca Cesare Ponti, two of the sources said.

  • Reutersyesterday

    BlackRock makes two new investment stewardship hires - sources

    The team has emerged as one of the most influential forces in corporate America, given BlackRock's standing as a top shareholder in most big companies. It has been driving change behind the scenes on how companies run themselves and how they handle environmental, social and governance issues.

  • BlackRock makes two new investment stewardship hires: sources
    Reutersyesterday

    BlackRock makes two new investment stewardship hires: sources

    The team has emerged as one of the most influential forces in corporate America, given BlackRock's standing as a top shareholder in most big companies. It has been driving change behind the scenes on how companies run themselves and how they handle environmental, social and governance issues.

  • Is Atlassian (TEAM) Stock a Buy, Even After Its Double-Digit Climb?
    InvestorPlaceyesterday

    Is Atlassian (TEAM) Stock a Buy, Even After Its Double-Digit Climb?

    If you like Slack ahead of its IPO, you'll love fellow collaboration software provider -- and proven growth stock -- Atlassian (NASDAQ:TEAM). Wall Street certainly does: It's up 23% in 2019 to date. But is it a buy now?First, some context on the company. If you use its team project tools like Trello or Confluence, you may already be familiar.But if not, you may recognize a few of Atlassian's customers: Domino's Pizza (NYSE:DPZ), Indeed.com, Aer Lingus, BlackRock (NYSE:BLK), the U.S. Department of Defense, Sotheby's (NYSE:BID), Spotify (NYSE:SPOT), Twitter (NYSE:TWTR), Trulia.com, NASA, Starz, Audi (OTCMKTS:AUDVF) and Johns Hopkins University -- just to name a few!InvestorPlace - Stock Market News, Stock Advice & Trading TipsAnd maybe you've used Agile management techniques. Atlassian is about to acquire AgileCraft, another peer in the workplace collaboration scene…one that focuses on helping all kinds of businesses implement the approach, originally created for software developers.Following the buyout news on Monday, the stock hit a new 52-week high of $115.88. Clearly, Wall Street was unfazed by the $166 million price tag. On Friday, TEAM took a breather amid the broad market decline, which is perfectly normal after such a strong run. * 7 Marijuana Stocks to Play the CBD Trend Let's consult my Portfolio Grader to determine if TEAM stock is a buy now.In doing so, we're evaluating Atlassian from two angles: Fundamental and Quantitative. Here's how it scored:In the Fundamental Grade, I'm primarily looking at sales growth, earnings growth and the like. That'll help you find growing companies that are healthy and thriving, with smart leaders who know how to run and manage a smart business.When you get right down to the details, you find that, frankly, its cash flow and return on equity could be better. It does have decent growth for both operating margin and earnings, excellent sales growth, and has been enjoying both positive earnings surprises and upward revisions in its ratings by Wall Street analysts.Now, when you look at Atlassian's Quantitative Grade, you see that it earned a solid "A." This tells us that TEAM is experiencing strong buying pressure.In my experience, buying pressure is the single most important variable when determining a stock's health (even more so than the fundamentals).Think of this as "following the money." The more money that floods into a stock, the more momentum a stock has to rise. This is what my Quantitative Grade measures, and this is why TEAM is considered a strong, A-rated "buy."When I see an "A" rating from my Portfolio Grader, I always give the company a closer look.In TEAM's case, there's a classic late-1990s backstory:Back in 1998, two students attended the same scholarship course at the University of New South Wales, and by 2001, the two had created and registered their business, Atlassian.In 2002, Atlassian introduced Jira 1.0. Then Confluence 1.0 was launched in 2003. The Jira tool enables software-development teams to prioritize and track software plans, to release and ship software and to track and analyze data. Confluence is an open and shared workspace platform that allows teams to create and collaborate in one place.Today, Atlassian is a global software company that remains focused on providing tools and resources that promote teamwork and collaboration. You may have already guessed that this is why the company's stock symbol is TEAM.Back in January, Atlassian released better-than-expected earnings and sales for its second quarter in fiscal year 2019: * Its Q2 revenue jumped 39% year-over-year to $299 million, which topped analysts' estimates for $288.32 million. * Its Q2 earnings per share nearly doubled year-over-year to $0.25, up from $0.13 per share.The analyst community was looking for earnings of $0.21 per share, so TEAM posted a 19% earnings surprise. * TEAM also noted that it had 138,235 active subscribers at the end of the quarter.Looking forward to the third quarter, Atlassian expects total revenue between $303 million and $305 million, and earnings of $0.18 per share. That represents 35.4% to 36.3% annual sales growth and 80% annual earnings growth.Ahead of the Q3 report in mid-April, I recommended it in my Growth Investor service. I never believe in paying just any old price - even for these juicy momentum stocks - so click here if you'd like to find out how to buy TEAM (and my other Buy-rated stocks) for your portfolio.Now, for those of you looking for income: Having just been public since December 2015, Atlassian is not quite ready to "play with the big boys" yet and offer a great dividend.But I've developed another system to help us find stocks that are.It's called Dividend Grader. And when my two tools "converge" so that both give a certain stock their "A" grade…that's definitely what I like to see.My affectionate nickname for these "AA"-rated stocks is "Money Magnets." I've prepared a briefing for you on these compelling stocks, which is available to you for FREE at this link.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dual-Class Stocks That Will Outperform * 7 Reasons Why Apple Streaming Won't Move the Needle for Apple Stock * 7 A-Rated Stocks to Buy in the Second Quarter Compare Brokers The post Is Atlassian (TEAM) Stock a Buy, Even After Its Double-Digit Climb? appeared first on InvestorPlace.

  • BlackRock (BLK) Plans to Acquire eFront for $1.3B in Cash
    Zacksyesterday

    BlackRock (BLK) Plans to Acquire eFront for $1.3B in Cash

    BlackRock (BLK) makes a binding offer and enters an exclusive agreement to acquire eFront from eFront's employees and Bridgepoint.

  • Investing 2.0: How Bots Are Forging the Next Generation of Funds
    Bloomberg2 days ago

    Investing 2.0: How Bots Are Forging the Next Generation of Funds

    The Central Intelligence Agency was among its early backers. Now, its focus has shifted to finance. S&P Global Inc. bought the firm last year and the artificial-intelligence startup lasered in on another technical challenge: developing the next generation of indexed funds. According to van Moyland, machines are ready to design better indexes to underpin investment vehicles passively managing $7.3 trillion in the U.S.

  • Reuters4 days ago

    Deals of the day-Mergers and acquisitions

    ** Russian steel pipe maker TMK said it had agreed to sell its U.S. subsidiary IPSCO Tubulars to pipe producer Tenaris, which has production facilities in the United States and several other countries, for $1.2 billion. ** German energy group Uniper has agreed to sell its stake in a liquefied natural gas (LNG) terminal in Italy to Australian fund First State Investments for about 400 million euros ($452 million), it said. ** BlackRock Inc, the world's biggest asset manager, said it would buy French investment software provider eFront from private equity firm Bridgepoint and eFront employees for $1.3 billion in cash.

  • Reuters4 days ago

    BlackRock to buy French software firm eFront for $1.3 bln in cash

    BlackRock Inc, the world's biggest asset manager, said on Friday it would buy French investment software provider eFront from private equity firm Bridgepoint and eFront employees for $1.3 billion in cash. BlackRock plans to integrate eFront with its investment platform Aladdin, which is used by more than 225 institutions around the world. Aladdin began as an internal tool at the company before becoming the linchpin of BlackRock's plan to increase revenues from technology.

  • Reuters4 days ago

    BlackRock to buy French software firm eFront for $1.3 billion in cash

    BlackRock plans to integrate eFront with its investment platform Aladdin, which is used by more than 225 institutions around the world. Aladdin began as an internal tool at the company before becoming the linchpin of BlackRock's plan to increase revenues from technology. It is used by investment managers to help to oversee risks and make investment decisions.

  • Wall Street Awaits Cannabis Banking Vote in Congress Next Week
    Bloomberg4 days ago

    Wall Street Awaits Cannabis Banking Vote in Congress Next Week

    Cowen still expects the March 26 vote, analyst Jaret Seiberg wrote in a note dated March 21, but wouldn’t be alarmed if there’s a delay to address questions from Representatives Patrick McHenry and Blaine Luetkemeyer about the bill’s impact. “McHenry is right that there is uncertainty about whether the SAFE Act is a perfect fix,” Seiberg said. “If the SAFE Act moves out of the House on a party line vote, then the pressure for the Senate to permit the measure to get added to another bill will be much less,” Seiberg said.

  • Bloomberg4 days ago

    BlackRock to Buy Risk Platform EFront in $1.3 Billion Wager

    BlackRock will acquire 100 percent of the equity interest in eFront for $1.3 billion in cash, the company said in a statement Friday. The deal comes as BlackRock, which mostly oversees assets in indexed products, looks for other avenues to grow its business, including in technology and alternatives. The eFront purchase will add to BlackRock’s risk management technology platform called Aladdin.

  • Benzinga4 days ago

    BlackRock Fires Latest Shot In Asset Manager Pricing War

    The fee pricing war among asset managers has reached a new level, with BlackRock, Inc. (NYSE: BLK ) announcing this week that it is cutting the fees it charges institutional clients for its largest equity ...

  • MarketWatch4 days ago

    BlackRock to acquire eFront for $1.3 billion in cash

    BlackRock Inc. said Friday it has agreed to acquire eFront from private-equity firm Bridgepoint and eFront employees for $1.3 billion in cash. eFront is an alternative investment management software company with more than 700 clients in 48 counties. "The combination of eFront with Aladdin, BlackRock's investment operating platform used by more than 225 institutions around the world, will set a new standard in investment and risk management technology," BlackRock said in a statement. The deal will be funded with a mix of existing cash and debt and will be minimally dilute to earnings per share. Separately, BlackRock said it has agreed to buy about 3.1 million of its own shares for $412.84 a share in a private transaction under its existing buyback program. Shares fell 1% in early trade and are down 20% in the last 12 months, while the S&P 500 has gained 8%.

  • Business Wire4 days ago

    BlackRock to Acquire eFront -- Industry Leading Alternatives Investment Software Provider

    BlackRock (BLK) today announced that it has made a binding offer and entered into an exclusive agreement, subject to the conditions below, to acquire 100% of the equity interests in eFront, the world’s leading end-to-end alternative investment management software and solutions provider, from private equity firm Bridgepoint and eFront employees, for $1.3 billion in cash. The combination of eFront with Aladdin, BlackRock’s investment operating platform used by more than 225 institutions around the world, will set a new standard in investment and risk management technology.

  • One Junk-Bond Buyer Just Saved $600,000 With 21-Second ETF Trade
    Bloomberg4 days ago

    One Junk-Bond Buyer Just Saved $600,000 With 21-Second ETF Trade

    An investor looks to have saved hundreds of thousands of dollars on Thursday by switching from one exchange-traded fund focused on junk bonds, to a cheaper ETF with a similar strategy. All told, the transactions took 21 seconds, and could reduce the trader’s investment bill by about $600,000. More than $350 million worth of shares in State Street Corp.’s SPDR Bloomberg Barclays High Yield Bond ETF, or JNK, hit the tape in two blocks at 12:46 p.m. in New York, data compiled by Bloomberg show.

  • Benzinga4 days ago

    BlackRock's iShares Launches Factor Rotation, Value ETFs

    BlackRock Inc.'s (NYSE: BLK) iShares unit, the world's largest issuer of exchange traded funds, added to its already expansive ETF lineup Thursday with two funds. The BlackRock U.S. Equity Factor Rotation ETF (NYSE:DYNF) is the new, actively managed factor rotation fund. DYNF “seeks to outperform the investment results of the large- and mid-capitalization U.S. equity markets by providing diversified and tactical exposure to style factors via a factor rotation model,” according to iShares.

  • TheStreet.com5 days ago

    BlackRock to Buy French Software Firm eFront- Report

    is in talks to buy French software firm eFront, according to the The Wall Street Journal, which cited sources close to the matter. The global investment management giant could pay between $1 billion and $1.5 billion for eFront, Journal sources said. EFront is a software company specialized in serving the financial industry.

  • Investing.com5 days ago

    BlackRock Falls 3%

    Investing.com - BlackRock (NYSE:BLK) fell by 3.01% to trade at $417.38 by 11:40 (15:40 GMT) on Friday on the NYSE exchange.

  • Reuters5 days ago

    Deutsche-Commerzbank tie-up should not create big investment bank - BlackRock

    FRANKFURT (Reuters) - The aim of a potential merger between Deutsche Bank and Commerzbank should not be to create a large investment bank because that "will not work", a major shareholder in ...

  • Reuters5 days ago

    Deutsche-Commerzbank tie-up should not create big investment bank: BlackRock

    The aim of a potential merger between Deutsche Bank and Commerzbank should not be to create a large investment bank because that "will not work", a major shareholder in both banks said on Friday ...