*Blackrock INC (BLK) Stake Held by Mawer Investment Management Ltd

June 27, 2018 - By Michael Lund

BlackRock, Inc. (NYSE:BLK) Corporate LogoDuring Q1 2018 the big money sentiment decreased to 0.99. That’s change of 0.20, from 2017Q4’s 1.19. 51 investors sold all, 357 reduced holdings as BLK ratio dived. 306 rose stakes while 99 funds amassed stakes. Funds hold 129.75 million shares thus 0.11% more from 2017Q4’s 129.61 million shares. Buckhead Capital Mgmt Limited Liability Co invested 1.61% of its capital in BlackRock, Inc. (NYSE:BLK). Shelton Cap Mngmt has 7,426 shs for 0.26% of their capital. Moreover, Scott And Selber has 2.33% invested in BlackRock, Inc. (NYSE:BLK) for 7,654 shs. 12,190 are owned by Harvey Mgmt. Moreover, Wellington Shields Capital Management Ltd Liability Company has 0.41% invested in BlackRock, Inc. (NYSE:BLK) for 5,033 shs. Axa has invested 0.17% in BlackRock, Inc. (NYSE:BLK). Advisors Ok holds 0.9% of its capital in BlackRock, Inc. (NYSE:BLK) for 27,740 shs. Eagleclaw Capital Managment Ltd Limited Liability Company holds 0.12% of its capital in BlackRock, Inc. (NYSE:BLK) for 430 shs. Stock Yards Natl Bank accumulated 39,117 shs or 2.36% of the stock. Provise Lc reported 16,400 shs. Stifel Corp invested 0.3% of its capital in BlackRock, Inc. (NYSE:BLK). National Bank & Trust Of The Ozarks holds 406 shs or 0.09% of its capital. Rampart Mgmt Communications Ltd Liability reported 0.37% in BlackRock, Inc. (NYSE:BLK). Buckingham Capital Incorporated invested in 1.75% or 15,452 shs. Mcrae Cap Mgmt holds 0.1% of its capital in BlackRock, Inc. (NYSE:BLK) for 400 shs.

Mawer Investment Management Ltd reduced its stake by 3.85% in Blackrock Inc (BLK), according to 2018Q1 SEC filling. The company’s stock declined 4.32% with the market as Mawer Investment Management Ltd sold 16,220 shares. The finance company reported $219.45M value for the 2018Q1. Now the institutional investor is holding 405,090 shares, compared to the 421,310 from the previous quarter. $83.23B is the market cap of Blackrock Inc. The stock increased 1.11% or $5.68 during the last trading session, reaching $516.53.Currently BlackRock, Inc. is uptrending after 32.79% change in last June 27, 2017. BLK has 102,492 shares volume. The stock outperformed the S&P 500 by 20.22%.

About $20.93 billion and $11.94B US Long portfolio Mawer Investment Management Ltd manages. According to a filing the fund upped its stake in Bank Of Montreal (NYSE:BMO) by 64,615 shares to 2.95 million shares, valued at $222.40M in 2018Q1. Mawer Investment Management Ltd has risen its stake in Union Pacific Corp (NYSE:UNP) and also increased its holding in Shaw Communications In (NYSE:SJR) by 425,693 shares in the quarter, for a total of 10.05M shares.

Earnings report for BlackRock, Inc. (NYSE:BLK) is expected on July, 16., according to Zacks. EPS of $6.71 is 28.05 % up from 2017’s $5.24 EPS. If BLK’s EPS is $6.71 the profit will be $1.08 billion for 19.24 P/E. Last quarter $6.70 EPS was reported. Analysts predicts 0.15 % EPS growth this quarter.

For more BlackRock, Inc. (NYSE:BLK) news published recently go to: Seekingalpha.com, Investorplace.com, Globenewswire.com, Seekingalpha.com or Bizjournals.com. The titles are as follows: “BlackRock closing 16 US iShares ETFs in August” published on June 19, 2018, “3 Big Stock Charts for Wednesday: Procter & Gamble, Tyson Foods and BlackRock” on June 27, 2018, “BlackRock® Canada Announces Final June Cash Distributions for the iShares® Premium Money Market ETF” with a publish date: June 25, 2018, “Recent Purchase: BlackRock” and the last “San Francisco fintech that cashes in home equity raises $40 million from global banks” with publication date: June 26, 2018.

BlackRock, Inc. (NYSE:BLK) Ratings Coverage

In total 8 analysts cover Blackrock Inc (NYSE:BLK). “Buy” rating has 5, “Sell” are 0, while 3 are “Hold”. (NYSE:BLK) has 63% bullish analysts. With $682 highest and $521.0 lowest price target, Blackrock Inc has $614 average price target or 18.87% above the current ($516.53) price. 14 are the (NYSE:BLK)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Friday, April 6 the stock of BlackRock, Inc. (NYSE:BLK) earned “Buy” rating by Deutsche Bank. On Friday, April 13 the company was maintained by Credit Suisse. On Thursday, April 5 the firm has “Buy” rating by Credit Suisse given. On Wednesday, April 11 the firm has “Hold” rating given by Jefferies. In Tuesday, April 10 report Keefe Bruyette & Woods maintained the stock with “Hold” rating. The company rating was downgraded by Citigroup on Thursday, January 25. The stock rating was maintained by Deutsche Bank with “Buy” on Tuesday, March 6. On Monday, June 18 the firm has “Buy” rating given by Citigroup. On Wednesday, March 14 the stock of BlackRock, Inc. (NYSE:BLK) earned “Overweight” rating by JP Morgan. On Monday, January 15 the rating was maintained by Deutsche Bank with “Buy”.

BlackRock, Inc. (NYSE:BLK) Analyst Ratings Chart

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