BlackRock, Inc. (BLK) Shares Bought by Hartford Investment Management Co

Research analysts expect BlackRock to earn $25.39 per share next year, which means the company should continue to be able to cover its $10.00 annual dividend with an expected future payout ratio of 39.4%.

South Texas Money Management Ltd, which manages about $2.17B and $2.03 billion US Long portfolio, decreased its stake in Bank Of America Corp (NYSE:BAC) by 33,800 shares to 2.31M shares, valued at $56.05M in 2017Q2, according to the filing. Massmutual Trust Fsb Adv owns 0% invested in BlackRock, Inc. Blackrock Inc invested in 0.15% or 6.75 million shares. Barings LLC's holdings in BlackRock were worth $452,000 at the end of the most recent reporting period. Stevens Capital Mgmt Lp accumulated 0.59% or 37,060 shares. Franklin Street Advisors Inc acquired 2,754 shares as Blackrock Inc Com (BLK)'s stock rose 1.17%. West Family Investments Inc. owns 558,815 shares or 1.26% of their United States portfolio. Veritable Limited Partnership has 0.04% invested in BlackRock, Inc. Covington Capital Management now owns 32,852 shares of the asset manager's stock valued at $12,599,000 after purchasing an additional 229 shares in the last quarter. Enterprise Financial Services Corp grew its position in BlackRock by 52.5% in the second quarter. Maplelane Capital Limited holds 0% or 20,000 shares.

New York: In analysts note sent to investors and clients on Wednesday, 11 October, KBW reconfirmed their "Hold" rating on Blackrock Inc (NYSE:BLK) shares. Blackrock Inc Com now has $81.79 billion valuation. The stock of BlackRock, Inc. Lowe Brockenbrough Co invested in 4,217 shares. The stock was sold at an average price of $506.10, for a total transaction of $2,024,400.00. Following the sale, the director now owns 481,915 shares of the company's stock, valued at approximately $243,897,181.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

In other news, insider Mark Mccombe sold 1,000 shares of the company's stock in a transaction dated Thursday, October 12th. $443.80's average target is -13.60% below currents $513.63 stock price. The disclosure for this sale can be found here.

Shares of BlackRock (BLK) traded up $5.12 during trading hours on Friday, hitting $511.87.

Golar LNG (GLNG) Raised to "Strong-Buy" at BidaskClub
After $0.73 actual EPS reported by Colgate-Palmolive Company for the previous quarter, Wall Street now forecasts 2.74% EPS growth. Stifel Nicolaus reissued a "hold" rating on shares of Golar LNG Partners in a research note on Friday, September 22nd.

A number of equities analysts have commented on the stock. BidaskClub downgraded shares of BlackRock from a "buy" rating to a "hold" rating in a report on Wednesday, August 23rd. (NYSE:BLK) on Friday, July 15 to "Market Perform" rating. Jefferies Group reissued a "hold" rating and set a $440.00 target price on shares of BlackRock in a report on Tuesday, September 26th. The rating was maintained by Credit Suisse with "Outperform" on Tuesday, July 18. (NYSE:BLK) on Monday, January 18 with "Buy" rating. The stock presently has a consensus rating of "Buy" and an average target price of $489.08. More interesting news about BlackRock, Inc. UBS upgraded the shares of BLK in report on Friday, October 2 to "Buy" rating. About 385,286 shares traded or 166.18% up from the average. BlackRock has a 1-year low of $365.83 and a 1-year high of $518.88. The company has market cap of $540.43 million.

News headlines about BlackRock (NYSE:BLK) have trended somewhat positive recently, Accern Sentiment reports. The asset manager reported $5.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.49 by $0.43. BlackRock had a return on equity of 12.01% and a net margin of 29.52%. The company's revenue for the quarter was up 14.0% compared to the same quarter last year. research analysts predict that BlackRock will post 22.34 EPS for the current fiscal year. The company was upgraded on Thursday, September 28 by Goldman Sachs. Windward Management Com Ca reported 46,836 shares. This represents a $10.00 dividend on an annualized basis and a dividend yield of 1.97%. BlackRock's payout ratio is now 46.82%. The company was initiated on Friday, September 8 by Barclays Capital. "(BLK) Stake Lessened by Boston Private Wealth LLC" was reported by Week Herald and is the sole property of of Week Herald.

COPYRIGHT VIOLATION NOTICE: This piece was first published by TrueBlueTribune and is owned by of TrueBlueTribune. The Washington-based Harbour Management Ltd Limited Liability Company has invested 1.43% in BlackRock, Inc.

Tidewater Inc. provides offshore service vessels and marine support services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide.

Related news:

Hot News

Cubist Systematic Strategies LLC Acquires 9835 Shares of Sempra Energy (SRE)
Dec 16, 2017 - 14:19
The (Simple Month Average) SMA20 is at -2.28 percent, its SMA50 Value is -1.21% and SMA200 value is reported as 0.99 Percent. A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SRE.

Morgan Stanley Downgrades Taiwan Semiconductor Manufacturing (TSM) to Equal Weight
Dec 16, 2017 - 14:12
HD traded at an unexpectedly low level on 12/14/2017 when the stock experienced a -0.49% loss to a closing price of $182.13. HSBC downgraded Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) on Thursday, October 13 to "Hold" rating.

isis-killer-beheading-video-story-top Philadelphia Eagles, fans react to Carson Wentz's knee injury
Dec 16, 2017 - 14:10
Guys have confidence in him. "I work with him every day so I'm dealing with that". LeGarrette Blount is the team's leading rusher with 696 yards but only two TDs.

Robert W. Baird Believes Total System Services (NYSE: TSS) Won't Stop Here
Dec 16, 2017 - 14:09
Cramer Rosenthal Mcglynn Llc decreased Total System Services Inc (TSS) stake by 1.27% reported in 2017Q2 SEC filing. (NYSE:TSS). The Punch & Associates Investment Management Inc holds 317,412 shares with $2.75 million value, down from 411,940 last quarter.

isis-killer-beheading-video-story-top Alabama residents to vote in hotly contested Senate race
Dec 16, 2017 - 13:58
It's a heated battle for the Senate seat vacated by Attorney General Jeff Sessions - and it could change the balance of the U.S. She was disappointed, she said, when the president and the Republican National Committee made the call to back Moore.

The Bank of New York Mellon Corporation (BK), Omnicom Group Inc. (OMC)
Dec 16, 2017 - 13:50
ValuEngine raised Bank Of New York Mellon from a "hold" rating to a "buy" rating in a research report on Tuesday, December 5th. Aberdeen Asset Public Ltd Company Uk reported 0.1% of its portfolio in The Bank of New York Mellon Corporation (NYSE:BK).

Oil States International Inc Stock as Institutional Investors Enter
Dec 16, 2017 - 13:46
To measure price-variation, we found OIS's volatility during a week at 2.91% and during a month it has been found around 3.33%. Earnest Partners LLC bought a new stake in Oil States International during the 2nd quarter worth approximately $53,922,000.

isis-killer-beheading-video-story-top Hayek says rebuffing Weinstein led to nightmare on 'Frida'
Dec 16, 2017 - 13:37
No to letting him watch me take a shower. "There was no room for negotiation", she said. "Mr. He told her "the only thing I had going for me was my sex appeal", she said.

Analyzing the Financial Health of Toll Brothers, Inc. (TOL)
Dec 16, 2017 - 13:34
TOL is now undervalued by -5.56% relative to the average 1-year price target of $49.85 taken from a group of Wall Street Analysts. Mutual Of America Ltd Liability Corp holds 0.08% of its portfolio in Toll Brothers, Inc. (NYSE:TOL) for 832,710 shares.

isis-killer-beheading-video-story-top Dem Leadership Again Calls For Kihuen To Resign
Dec 16, 2017 - 13:33
She was echoing her previous statement, released the day after the first account of sexual harassment was made public. John Conyers , D-Mich., retired weeks after former aides shared stories of habitual sexual harassment.

isis-killer-beheading-video-story-top Speaker Paul Ryan eyeing retirement after 2018 midterm elections
Dec 16, 2017 - 13:28
Ryan's spokeswoman, AshLee Strong, called the rumors "pure speculation" in a statement. When he was elected House Speaker he told his predecessor former Rep.

Active Volume Stock: Finisar Corp. (FNSR)
Dec 16, 2017 - 13:26
DA Davidson reissued a "buy" rating and issued a $40.00 target price on shares of Finisar in a report on Thursday, September 7th. Considering that the stock current volume of 4.29 million shares, this represents a pretty noteworthy trading in volume size.

Peru President Pedro Pablo Kuczynski faces calls to resign over murky payments
Dec 16, 2017 - 13:20
He shares a prison with ex-President Ollanta Humala, who was jailed in July pending a trial over allegations he took illegal funds from Odebrecht.

isis-killer-beheading-video-story-top Soccer coach who ran away with Florida teen faces child sex charge
Dec 16, 2017 - 13:09
Officials say she had sneaked out of her home in Fort White, Florida, on November 25. The age of consent in Florida is 18 and the age of consent in NY is 17.

isis-killer-beheading-video-story-top OnePlus 5 receives Android Oreo beta 2; check out the changes
Dec 16, 2017 - 12:53
OnePlus 5 will be discontinued in favor of the latest flagship OnePlus 5T, which is now available for purchase in India. To be specific, the issues related to the shortcut and widget have been resolved with this update.