Vanguard Group Cut By $1.17 Million Its Commvault Systems (CVLT) Holding; Sandhill Capital …

Vanguard Group Inc decreased Commvault Systems Inc (CVLT) stake by 0.57% reported in 2018Q1 SEC filing. Vanguard Group Inc sold 20,528 …

August 18, 2018 – By Megan Stone

CoStar Group, Inc. (NASDAQ:CSGP) Logo

Sandhill Capital Partners Llc increased Costar Group Inc Com (CSGP) stake by 3.45% reported in 2018Q1 SEC filing. Sandhill Capital Partners Llc acquired 1,144 shares as Costar Group Inc Com (CSGP)’s stock rose 7.76%. The Sandhill Capital Partners Llc holds 34,306 shares with $12.44M value, up from 33,162 last quarter. Costar Group Inc Com now has $15.66B valuation. The stock increased 0.18% or $0.78 during the last trading session, reaching $430.44. About 62,039 shares traded. CoStar Group, Inc. (NASDAQ:CSGP) has risen 46.75% since August 18, 2017 and is uptrending. It has outperformed by 34.18% the S&P500. Some Historical CSGP News: 23/04/2018 – COSTAR 1Q REV. $274M, EST. $270.6M; 16/03/2018 Garry Marr: Sources telling CoStar News that TTC has signed a major lease to consolidate its warehouse operations in NW Toronto; 23/04/2018 – COSTAR GROUP INC CSGP.O SEES FY 2018 NON-GAAP SHR $7.44 TO $7.64; 23/04/2018 – COSTAR 1Q ADJ EPS $1.65, EST. $1.37; 15/05/2018 – CoStar Presenting at JPMorgan Conference Tomorrow; 23/04/2018 – COSTAR CUT 158 JOBS IN INITIAL REDUCTION EARLIER THIS MONTH; 22/04/2018 – DJ CoStar Group Inc, Inst Holders, 1Q 2018 (CSGP); 23/04/2018 – COSTAR GROUP RAISES YEAR GUIDANCE; 23/04/2018 – CoStar Group Sees 2Q Rev $292M-$295M; 13/04/2018 – Investor Expectations to Drive Momentum within Criteo S.A, Prima BioMed, CoStar Group, DBV Technologies S.A, Hollysys Automatio

Vanguard Group Inc decreased Commvault Systems Inc (CVLT) stake by 0.57% reported in 2018Q1 SEC filing. Vanguard Group Inc sold 20,528 shares as Commvault Systems Inc (CVLT)’s stock rose 27.41%. The Vanguard Group Inc holds 3.57 million shares with $204.39 million value, down from 3.59M last quarter. Commvault Systems Inc now has $2.97B valuation. The stock increased 0.08% or $0.05 during the last trading session, reaching $65. About 157,773 shares traded. Commvault Systems, Inc. (NASDAQ:CVLT) has risen 23.56% since August 18, 2017 and is uptrending. It has outperformed by 10.99% the S&P500. Some Historical CVLT News: 01/05/2018 – CommVault Systems: N. Robert Hammer Anticipated to Remain as Chmn After Successor Appointed; 01/05/2018 – CommVault Systems 4Q Adj EPS 31c; 01/05/2018 – COMMVAULT 4Q REV. $184.9M, EST. $187.0M; 01/05/2018 – CommVault Systems: Board Will Have 11 Members Following New Appointments; 01/05/2018 – CommVault Systems Two New Independent Directors to Join the Bd; 20/03/2018 – Commvault Appoints Olaf Duennweller Area-Vice President EMEA Central; 15/05/2018 – ELLIOTT ADDED TER, VICI, CVLT, TVPT, EQT IN 1Q: 13F; 02/04/2018 – Elliott Management Targets Board Overhaul at Commvault; 06/03/2018 – Lucidworks Launches Al-Powered Site Search App for the Enterprise; 02/04/2018 – CNBC: BREAKING: Commvault faces proxy battle with activist hedge fund Elliott Management

Analysts await Commvault Systems, Inc. (NASDAQ:CVLT) to report earnings on October, 23. They expect $0.09 earnings per share, up 250.00% or $0.15 from last year’s $-0.06 per share. CVLT’s profit will be $4.12 million for 180.56 P/E if the $0.09 EPS becomes a reality. After $0.02 actual earnings per share reported by Commvault Systems, Inc. for the previous quarter, Wall Street now forecasts 350.00% EPS growth.

Investors sentiment decreased to 0.7 in 2018 Q1. Its down 0.26, from 0.96 in 2017Q4. It dived, as 23 investors sold CVLT shares while 80 reduced holdings. 26 funds opened positions while 46 raised stakes. 38.70 million shares or 1.35% less from 39.23 million shares in 2017Q4 were reported. Oregon Public Employees Retirement Fund holds 0.01% in Commvault Systems, Inc. (NASDAQ:CVLT) or 15,988 shares. Proshare Advsr Limited Liability Company accumulated 10,444 shares. Moreover, Inc has 0.55% invested in Commvault Systems, Inc. (NASDAQ:CVLT). Art Advisors Ltd Liability Company has invested 0.04% in Commvault Systems, Inc. (NASDAQ:CVLT). Cim Investment Mangement Inc owns 5,413 shares. Federated Inc Pa holds 142,603 shares. Grp One Trading LP has invested 0% in Commvault Systems, Inc. (NASDAQ:CVLT). Whittier Tru Of Nevada owns 400 shares for 0% of their portfolio. Moreover, Strs Ohio has 0.01% invested in Commvault Systems, Inc. (NASDAQ:CVLT). 182,732 are held by Principal Fincl Grp. Piermont Cap Mngmt holds 9,010 shares. Tiaa Cref Invest Ltd Liability Co reported 261,914 shares. Moreover, New Mexico Educational Retirement Board has 0.03% invested in Commvault Systems, Inc. (NASDAQ:CVLT). Envestnet Asset Mngmt holds 0% or 2,309 shares. 20,993 are held by Mason Street Advsrs Limited Liability Co.

Since February 16, 2018, it had 0 insider purchases, and 13 selling transactions for $34.54 million activity. $887,677 worth of Commvault Systems, Inc. (NASDAQ:CVLT) was sold by Merrill Gary on Wednesday, June 13. The insider HAMMER N ROBERT sold 10,200 shares worth $689,520. Miiller Ronald L had sold 101,521 shares worth $6.63 million. $3.55 million worth of Commvault Systems, Inc. (NASDAQ:CVLT) was sold by BUNTE AL. GEDAY ARMANDO sold $394,425 worth of stock or 7,500 shares. Shares for $371,413 were sold by CAROLAN BRIAN on Tuesday, April 10. $377,391 worth of stock was sold by KURIMSKY ROBERT F on Thursday, March 1.

More news for Commvault Systems, Inc. (NASDAQ:CVLT) were recently published by: Seekingalpha.com, which released: “Commvault Systems’ (CVLT) CEO Bob Hammer on Q1 2019 Results – Earnings Call Transcript” on July 25, 2018. Globenewswire.com‘s article titled: “Analysis: Positioning to Benefit within Synnex, Dave & Buster’s Entertainment, UMB Financial, CommVault, Raven …” and published on August 03, 2018 is yet another important article.

Vanguard Group Inc increased Netscout Sys Inc (NASDAQ:NTCT) stake by 187,615 shares to 7.21M valued at $190.11 million in 2018Q1. It also upped Mgp Ingredients Inc New (NASDAQ:MGPI) stake by 196,380 shares and now owns 768,094 shares. Chart Inds Inc was raised too.

Among 6 analysts covering CommVault Systems (NASDAQ:CVLT), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. CommVault Systems had 7 analyst reports since April 3, 2018 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Hold” on Monday, April 23. On Sunday, April 8 the stock rating was maintained by Mizuho with “Buy”. As per Thursday, June 7, the company rating was maintained by Wells Fargo. The stock of Commvault Systems, Inc. (NASDAQ:CVLT) has “Buy” rating given on Tuesday, April 3 by Wells Fargo. The company was maintained on Tuesday, April 17 by KeyBanc Capital Markets.

Among 6 analysts covering CoStar Group (NASDAQ:CSGP), 5 have Buy rating, 1 Sell and 0 Hold. Therefore 83% are positive. CoStar Group had 6 analyst reports since April 23, 2018 according to SRatingsIntel. The stock has “Market Outperform” rating by JMP Securities on Tuesday, April 24. The company was maintained on Tuesday, April 24 by JP Morgan. SunTrust maintained it with “Buy” rating and $43500 target in Monday, April 23 report. Bank of America maintained CoStar Group, Inc. (NASDAQ:CSGP) rating on Wednesday, July 25. Bank of America has “Buy” rating and $470 target. The rating was maintained by FBR Capital with “Buy” on Friday, July 20. Citigroup maintained CoStar Group, Inc. (NASDAQ:CSGP) on Wednesday, July 25 with “Buy” rating.

Since February 27, 2018, it had 0 insider buys, and 7 sales for $46.01 million activity. 24,821 shares were sold by FLORANCE ANDREW C, worth $9.21M. 3,000 shares valued at $1.08M were sold by KLEIN MICHAEL R on Thursday, March 22. Linnington Matthew sold $2.76 million worth of CoStar Group, Inc. (NASDAQ:CSGP) on Friday, March 2. CARCHEDI FRANCIS sold $4.31M worth of stock. Wheeler Scott T sold $442,113 worth of stock or 1,250 shares. Hill John W also sold $415,472 worth of CoStar Group, Inc. (NASDAQ:CSGP) on Thursday, March 29.

Investors sentiment decreased to 0.99 in Q1 2018. Its down 0.25, from 1.24 in 2017Q4. It turned negative, as 27 investors sold CSGP shares while 115 reduced holdings. 50 funds opened positions while 91 raised stakes. 33.13 million shares or 0.69% less from 33.36 million shares in 2017Q4 were reported. Columbus Circle Investors owns 102,227 shares or 0.75% of their US portfolio. Leisure Capital Management invested in 736 shares. Prudential reported 14,228 shares. Earnest Prns Lc accumulated 0% or 10 shares. Toronto Dominion Bancorporation holds 0% or 2,474 shares. 68,176 were reported by Millennium Mngmt Limited Com. Envestnet Asset Incorporated has invested 0.01% in CoStar Group, Inc. (NASDAQ:CSGP). Art Advisors Limited Liability Com reported 0.19% stake. Moreover, Ubs Asset Americas has 0% invested in CoStar Group, Inc. (NASDAQ:CSGP). Pitcairn invested 0.05% in CoStar Group, Inc. (NASDAQ:CSGP). Tiaa Cref Management Ltd Liability accumulated 102,326 shares or 0.03% of the stock. Franklin Res accumulated 922,157 shares or 0.17% of the stock. First Quadrant Lp Ca reported 0% stake. Ellington has 0.1% invested in CoStar Group, Inc. (NASDAQ:CSGP). Moreover, Bluecrest Cap Limited has 0.01% invested in CoStar Group, Inc. (NASDAQ:CSGP).

CoStar Group, Inc. (NASDAQ:CSGP) Institutional Positions Chart

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Lodge Hill Capital Upped Halliburton Co (HAL) Stake; Bed Bath & Beyond (BBBY)’s Sentiment Is …

Lodge Hill Capital Llc increased Halliburton Co (HAL) stake by 150% reported in 2018Q1 SEC filing. Lodge Hill Capital Llc acquired 375,000 shares …

August 18, 2018 – By Glen Chin

Bed Bath & Beyond Inc. (NASDAQ:BBBY) Logo

Lodge Hill Capital Llc increased Halliburton Co (HAL) stake by 150% reported in 2018Q1 SEC filing. Lodge Hill Capital Llc acquired 375,000 shares as Halliburton Co (HAL)’s stock rose 4.06%. The Lodge Hill Capital Llc holds 625,000 shares with $29.34 million value, up from 250,000 last quarter. Halliburton Co now has $35.17B valuation. The stock increased 0.50% or $0.2 during the last trading session, reaching $39.97. About 6.07M shares traded. Halliburton Company (NYSE:HAL) has risen 10.53% since August 18, 2017 and is uptrending. It has underperformed by 2.04% the S&P500. Some Historical HAL News: 22/05/2018 – MAT, HAL, ORCL: *Exclusive* – Some Oracle customers are frustrated with software audit pressure and rejecting large deal proposals, with Halliburton & Mattel being two examples (@amir); 02/05/2018 – MEAG Munich Adds Duke Realty, Exits Halliburton: 13F; 28/05/2018 – Halliburton and Saudi Aramco Reach Deal to Increase Gas Output; 23/04/2018 – Halliburton 1Q Drilling/Evaluation Rev $1.93B; 03/04/2018 – Halliburton’s Frack-Tech Fight Moves to U.S. Navy’s Spy Patents; 10/04/2018 – Halliburton Closes Above 50-Day Moving Average: Technicals; 23/04/2018 – Halliburton Hits 1Q Estimates — Earnings Review; 04/04/2018 – HAL, SLB: At press conference unveiling new oil and gas discovery in #Bahrain. 1bilion barrel discovery. Light oil and gas discovered; 27/05/2018 – ARAMCO AWARDS HALLIBURTON CONTRACT FOR UNCONVENTIONAL GAS PROJ; 22/04/2018 – DJ Halliburton Company, Inst Holders, 1Q 2018 (HAL)

Bed Bath & Beyond Inc (BBBY) investors sentiment increased to 1.06 in Q1 2018. It’s up 0.32, from 0.74 in 2017Q4. The ratio is positive, as 133 funds opened new and increased equity positions, while 126 decreased and sold holdings in Bed Bath & Beyond Inc. The funds in our database now possess: 124.91 million shares, down from 125.01 million shares in 2017Q4. Also, the number of funds holding Bed Bath & Beyond Inc in top ten equity positions decreased from 4 to 3 for a decrease of 1. Sold All: 26 Reduced: 100 Increased: 89 New Position: 44.

Analysts await Bed Bath & Beyond Inc. (NASDAQ:BBBY) to report earnings on September, 18. They expect $0.49 EPS, down 34.67% or $0.26 from last year’s $0.75 per share. BBBY’s profit will be $68.66M for 9.38 P/E if the $0.49 EPS becomes a reality. After $0.32 actual EPS reported by Bed Bath & Beyond Inc. for the previous quarter, Wall Street now forecasts 53.13% EPS growth.

The stock increased 0.60% or $0.11 during the last trading session, reaching $18.39. About 2.08 million shares traded. Bed Bath & Beyond Inc. (BBBY) has declined 48.23% since August 18, 2017 and is downtrending. It has underperformed by 60.80% the S&P500. Some Historical BBBY News: 10/05/2018 – Moody’s Affirms Ten Classes of WFRBS 2013-C17; 11/04/2018 – Bed Bath & Beyond 4Q Adj EPS $1.48; 03/04/2018 – WNBC 4: Toys R Us Gift Cards Can Be Exchanged for Bed Bath & Beyond Credit; 03/04/2018 – Bed Bath & Beyond will exchange Toys R Us and Babies R Us gift cards for store credit through Thursday; 12/04/2018 – Bed Bath & Beyond issued 2018 earnings per share guidance in the low- to mid-$2 range; 11/04/2018 – BED BATH & BEYOND – CO’S GOALS INCLUDE MODERATING DECLINES IN ITS OPERATING PROFIT AND NET EARNINGS PER DILUTED SHARE, IN FISCAL 2018 AND FISCAL 2019; 20/03/2018 – Cost Plus World Market to Open in Greensboro, North Carolina; 17/05/2018 – Bed Bath & Beyond: Temares’ Voluntary Waiver Follows Previous Reductions to Target Compensation Since FY2015; 02/04/2018 – Cost Plus World Market to Open Second Store in the Tampa, Florida Market; 04/04/2018 – Bed Bath & Beyond Inc. Appoints JB Osborne to Bd of Directors

More news for Bed Bath & Beyond Inc. (NASDAQ:BBBY) were recently published by: Nasdaq.com, which released: “Research Report Identifies Amazon, Fanhua, Parsley Energy, Bed Bath & Beyond, Freeport-McMoRan, and Sirius XM …” on July 31, 2018. Fool.com‘s article titled: “Is Home Depot’s Decor Push Where Bed Bath & Beyond Finally Unravels?” and published on July 22, 2018 is yet another important article.

Since January 1, 0001, it had 0 buys, and 1 insider sale for $520,348 activity.

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. The company has market cap of $2.58 billion. It sells a range of domestics merchandise, including bed linens and related items, bath items, and kitchen textiles; and home furnishings, such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables, and juvenile products. It has a 6.47 P/E ratio. It also provides various textile products, amenities, and other goods to institutional clients in the hospitality, cruise line, healthcare, and other industries.

Contrarius Investment Management Ltd holds 6.34% of its portfolio in Bed Bath & Beyond Inc. for 6.34 million shares. Valueworks Llc owns 284,979 shares or 4.56% of their US portfolio. Moreover, Moon Capital Management Lp has 3.75% invested in the company for 370,111 shares. The Missouri-based Towle & Co has invested 2.98% in the stock. Wilsey Asset Management Inc, a California-based fund reported 230,587 shares.

Investors sentiment decreased to 1.01 in Q1 2018. Its down 0.14, from 1.15 in 2017Q4. It worsened, as 52 investors sold HAL shares while 306 reduced holdings. 96 funds opened positions while 265 raised stakes. 671.63 million shares or 0.57% less from 675.47 million shares in 2017Q4 were reported. Sigma Planning Corp accumulated 19,837 shares or 0.07% of the stock. Tokio Marine Asset Mngmt Ltd has 0.21% invested in Halliburton Company (NYSE:HAL) for 25,047 shares. 40,063 are held by Bridges Inv. Metropolitan Life Insur Co Ny stated it has 162,654 shares. Pinnacle Prtnrs has 7,997 shares. Waddell And Reed Fincl invested 0.69% in Halliburton Company (NYSE:HAL). Fayez Sarofim And has 27,094 shares for 0.01% of their portfolio. Moreover, British Columbia Inv Corp has 0.12% invested in Halliburton Company (NYSE:HAL) for 328,268 shares. Legal General Gp Public Ltd holds 4.07 million shares or 0.15% of its portfolio. Finemark National Bank & invested in 12,154 shares or 0.04% of the stock. Invest Management Of Virginia Ltd Liability Com has invested 1.29% in Halliburton Company (NYSE:HAL). Massachusetts Fin Serv Communications Ma reported 195,363 shares. Fincl Architects holds 0.02% or 2,114 shares in its portfolio. 7,150 were reported by Murphy Capital Management Inc. Essex Fincl owns 8,364 shares.

Bed Bath & Beyond Inc. (NASDAQ:BBBY) Institutional Positions Chart

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What’s in Thestreet Inc (NASDAQ:TST) After Decline in Shorted Shares?

Vanguard Group invested 0% of its portfolio in TheStreet, Inc. (NASDAQ:TST). Impax Asset Mngmt Limited Co accumulated 1.47 million shares.

August 18, 2018 – By Adrian Mccoy

TheStreet, Inc. (NASDAQ:TST) Logo

Investors sentiment increased to 1.9 in Q1 2018. Its up 0.99, from 0.91 in 2017Q4. It improved, as 3 investors sold TheStreet, Inc. shares while 7 reduced holdings. 10 funds opened positions while 9 raised stakes. 23.08 million shares or 7.32% more from 21.50 million shares in 2017Q4 were reported.

Technology Crossover Mngmt Vi Ltd Liability Corp stated it has 12.7% in TheStreet, Inc. (NASDAQ:TST). Bank Of New York Mellon accumulated 51,902 shares or 0% of the stock. Massachusetts-based Essex Investment Communication Limited Liability Com has invested 0.04% in TheStreet, Inc. (NASDAQ:TST). Eam Investors Lc, a California-based fund reported 366,954 shares. Vanguard Group invested 0% of its portfolio in TheStreet, Inc. (NASDAQ:TST). Impax Asset Mngmt Limited Co accumulated 1.47 million shares. Utd Services Automobile Association holds 0% in TheStreet, Inc. (NASDAQ:TST) or 16,585 shares. Blackrock has 1.30M shares for 0% of their portfolio. Guggenheim Cap Ltd Com invested in 0% or 13,072 shares. Brown Advisory owns 0% invested in TheStreet, Inc. (NASDAQ:TST) for 141,646 shares. Joel Isaacson Co Ltd Llc reported 0.02% of its portfolio in TheStreet, Inc. (NASDAQ:TST). Renaissance Limited Co has invested 0.01% in TheStreet, Inc. (NASDAQ:TST). Wells Fargo Mn holds 0% in TheStreet, Inc. (NASDAQ:TST) or 9,701 shares. California Pub Employees Retirement Sys owns 0% invested in TheStreet, Inc. (NASDAQ:TST) for 79,200 shares. Millennium Lc reported 161,947 shares.

The stock of Thestreet Inc (NASDAQ:TST) registered a decrease of 55.12% in short interest. TST’s total short interest was 65,700 shares in August as published by FINRA. Its down 55.12% from 146,400 shares, reported previously. With 146,900 shares average volume, it will take short sellers 0 days to cover their TST’s short positions. The short interest to Thestreet Inc’s float is 0.24%.

The stock decreased 2.34% or $0.05 during the last trading session, reaching $2.09. About 88,918 shares traded. TheStreet, Inc. (NASDAQ:TST) has risen 97.80% since August 18, 2017 and is uptrending. It has outperformed by 85.23% the S&P500.

TheStreet, Inc., a financial news and information provider, provides business to business and business to consumer (B2C) content and products worldwide. The company has market cap of $103.67 million. The firm operates through three divisions: TheDeal/BoardEx, RateWatch, and Business to Consumer. It has a 3.39 P/E ratio. The Company’s B2B products include The Deal, a digital subscription model that delivers coverage primarily to institutional investors on changes in corporate control comprising merges and acquisitions, private equity, corporate activism, and restructuring; and BoardEx, an institutional relationship capital management database and platform, which holds profiles of approximately 1 million business leaders.

TheStreet, Inc. (NASDAQ:TST) Ratings Coverage

Among 2 analysts covering TheStreet (NASDAQ:TST), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. TheStreet has $300 highest and $2.7500 lowest target. $3’s average target is 43.54% above currents $2.09 stock price. TheStreet had 4 analyst reports since March 2, 2018 according to SRatingsIntel. The stock of TheStreet, Inc. (NASDAQ:TST) has “Buy” rating given on Wednesday, June 20 by FBR Capital. The firm earned “Buy” rating on Friday, March 2 by FBR Capital. The firm has “Buy” rating by Lake Street given on Wednesday, June 20. FBR Capital maintained the shares of TST in report on Monday, July 16 with “Buy” rating.

More news for TheStreet, Inc. (NASDAQ:TST) were recently published by: Prnewswire.com, which released: “TheStreet, Inc. to Announce Second Quarter 2018 Results on Wednesday, August 8, 2018” on August 03, 2018. Seekingalpha.com‘s article titled: “TheStreet -2.3% as revenues dip amid ad shift” and published on August 08, 2018 is yet another important article.

TheStreet, Inc. (NASDAQ:TST) Institutional Positions Chart

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Insider Buying: BlackRock, Inc. (BLK) Director Acquires 1000 Shares of Stock

BlackRock, Inc. (NYSE:BLK) Director William E. Ford bought 1,000 shares of the business’s stock in a transaction dated Thursday, August 2nd.

BlackRock logoBlackRock, Inc. (NYSE:BLK) Director William E. Ford bought 1,000 shares of the business’s stock in a transaction dated Thursday, August 2nd. The shares were bought at an average cost of $467.92 per share, for a total transaction of $467,920.00. Following the transaction, the director now owns 5,400 shares in the company, valued at approximately $2,526,768. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

BlackRock stock opened at $474.15 on Friday. The company has a debt-to-equity ratio of 0.88, a current ratio of 3.87 and a quick ratio of 3.87. BlackRock, Inc. has a one year low of $408.62 and a one year high of $594.52. The stock has a market capitalization of $76.71 billion, a price-to-earnings ratio of 20.98, a price-to-earnings-growth ratio of 1.49 and a beta of 1.61.

BlackRock (NYSE:BLK) last released its quarterly earnings results on Monday, July 16th. The asset manager reported $6.66 EPS for the quarter, beating analysts’ consensus estimates of $6.55 by $0.11. The company had revenue of $3.61 billion during the quarter, compared to analysts’ expectations of $3.58 billion. BlackRock had a return on equity of 13.20% and a net margin of 38.97%. The firm’s revenue was up 11.4% compared to the same quarter last year. During the same period last year, the business posted $5.24 earnings per share. equities analysts predict that BlackRock, Inc. will post 27.71 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 24th. Shareholders of record on Friday, September 7th will be issued a $3.13 dividend. This is a positive change from BlackRock’s previous quarterly dividend of $2.88. This represents a $12.52 annualized dividend and a yield of 2.64%. The ex-dividend date is Thursday, September 6th. BlackRock’s dividend payout ratio (DPR) is presently 50.97%.

Several equities analysts have commented on the company. JPMorgan Chase & Co. set a $547.00 price objective on BlackRock and gave the company a “buy” rating in a research report on Sunday, July 8th. Citigroup upgraded BlackRock from a “neutral” rating to a “buy” rating in a report on Monday, June 18th. Morgan Stanley lowered their target price on BlackRock from $624.00 to $607.00 and set an “overweight” rating for the company in a report on Thursday, July 12th. Keefe, Bruyette & Woods upgraded BlackRock from a “market perform” rating to an “outperform” rating and set a $590.00 target price for the company in a report on Friday, July 13th. Finally, Barclays lowered their target price on BlackRock from $615.00 to $595.00 and set an “overweight” rating for the company in a report on Tuesday, July 17th. One research analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $594.25.

A number of institutional investors and hedge funds have recently modified their holdings of the business. BlackRock Inc. grew its holdings in BlackRock by 2.1% in the second quarter. BlackRock Inc. now owns 7,601,685 shares of the asset manager’s stock valued at $3,793,546,000 after purchasing an additional 153,749 shares during the period. Summit Trail Advisors LLC lifted its position in shares of BlackRock by 53,902.3% in the first quarter. Summit Trail Advisors LLC now owns 1,274,454 shares of the asset manager’s stock valued at $1,274,000 after acquiring an additional 1,272,094 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its position in shares of BlackRock by 2.8% in the second quarter. Schwab Charles Investment Management Inc. now owns 476,036 shares of the asset manager’s stock valued at $237,562,000 after acquiring an additional 12,785 shares in the last quarter. Royal Bank of Canada lifted its position in shares of BlackRock by 6.9% in the first quarter. Royal Bank of Canada now owns 452,599 shares of the asset manager’s stock valued at $245,183,000 after acquiring an additional 29,222 shares in the last quarter. Finally, Amundi Pioneer Asset Management Inc. lifted its position in shares of BlackRock by 1.5% in the first quarter. Amundi Pioneer Asset Management Inc. now owns 448,835 shares of the asset manager’s stock valued at $243,142,000 after acquiring an additional 6,507 shares in the last quarter. 84.12% of the stock is currently owned by institutional investors.

BlackRock Company Profile

BlackRock, Inc is a publicly owned investment manager. 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, corporations, official institutions, and banks.

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Insider Buying and Selling by Quarter for BlackRock (NYSE:BLK)

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Altman Advisors Inc. Purchases 183406 Shares of BlackRock, Inc. (NYSE:BLK)

Altman Advisors Inc. grew its position in shares of BlackRock, Inc. (NYSE:BLK) by 3,276.3% during the second quarter, according to its most recent …

BlackRock logoAltman Advisors Inc. grew its position in shares of BlackRock, Inc. (NYSE:BLK) by 3,276.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 189,004 shares of the asset manager’s stock after purchasing an additional 183,406 shares during the quarter. BlackRock makes up 2.0% of Altman Advisors Inc.’s holdings, making the stock its 20th biggest holding. Altman Advisors Inc. owned approximately 0.12% of BlackRock worth $2,140,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in BLK. Summit Trail Advisors LLC boosted its stake in shares of BlackRock by 53,902.3% during the first quarter. Summit Trail Advisors LLC now owns 1,274,454 shares of the asset manager’s stock valued at $1,274,000 after purchasing an additional 1,272,094 shares in the last quarter. FIL Ltd boosted its stake in shares of BlackRock by 386.0% during the first quarter. FIL Ltd now owns 322,223 shares of the asset manager’s stock valued at $174,555,000 after purchasing an additional 255,927 shares in the last quarter. BlackRock Inc. boosted its stake in shares of BlackRock by 2.6% during the first quarter. BlackRock Inc. now owns 7,447,936 shares of the asset manager’s stock valued at $4,034,698,000 after purchasing an additional 192,139 shares in the last quarter. Cornerstone Wealth Management LLC acquired a new stake in shares of BlackRock during the second quarter valued at about $377,000. Finally, Bessemer Group Inc. boosted its stake in shares of BlackRock by 6,346.5% during the second quarter. Bessemer Group Inc. now owns 183,724 shares of the asset manager’s stock valued at $91,685,000 after purchasing an additional 180,874 shares in the last quarter. 84.12% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts have recently commented on the company. JPMorgan Chase & Co. reissued a “focus list” rating and set a $547.00 price target on shares of BlackRock in a research note on Monday, July 2nd. Keefe, Bruyette & Woods raised BlackRock from a “market perform” rating to an “outperform” rating and set a $590.00 price target on the stock in a research note on Friday, July 13th. Goldman Sachs Group cut their price target on BlackRock to $570.00 and set a “buy” rating on the stock in a research note on Tuesday, July 17th. ValuEngine lowered BlackRock from a “buy” rating to a “hold” rating in a research note on Friday, June 15th. Finally, Deutsche Bank cut their price target on BlackRock from $570.00 to $561.00 and set a “buy” rating on the stock in a research note on Thursday. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $594.25.

BlackRock stock opened at $474.15 on Friday. The company has a current ratio of 3.87, a quick ratio of 3.87 and a debt-to-equity ratio of 0.88. The company has a market capitalization of $76.71 billion, a P/E ratio of 20.98, a P/E/G ratio of 1.49 and a beta of 1.61. BlackRock, Inc. has a one year low of $408.62 and a one year high of $594.52.

BlackRock (NYSE:BLK) last posted its quarterly earnings data on Monday, July 16th. The asset manager reported $6.66 EPS for the quarter, topping the Zacks’ consensus estimate of $6.55 by $0.11. The company had revenue of $3.61 billion for the quarter, compared to analyst estimates of $3.58 billion. BlackRock had a return on equity of 13.20% and a net margin of 38.97%. The firm’s quarterly revenue was up 11.4% on a year-over-year basis. During the same period in the previous year, the firm earned $5.24 earnings per share. equities analysts predict that BlackRock, Inc. will post 27.71 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 24th. Investors of record on Friday, September 7th will be paid a $3.13 dividend. This is a positive change from BlackRock’s previous quarterly dividend of $2.88. This represents a $12.52 dividend on an annualized basis and a dividend yield of 2.64%. The ex-dividend date of this dividend is Thursday, September 6th. BlackRock’s payout ratio is currently 50.97%.

In other BlackRock news, insider Jeff A. Smith sold 166 shares of BlackRock stock in a transaction that occurred on Monday, May 21st. The stock was sold at an average price of $546.13, for a total value of $90,657.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director William E. Ford bought 1,000 shares of the stock in a transaction on Thursday, August 2nd. The stock was acquired at an average price of $467.92 per share, with a total value of $467,920.00. Following the completion of the acquisition, the director now owns 5,400 shares of the company’s stock, valued at approximately $2,526,768. The disclosure for this purchase can be found here. 1.75% of the stock is owned by insiders.

BlackRock Company Profile

BlackRock, Inc is a publicly owned investment manager. 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, corporations, official institutions, and banks.

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Institutional Ownership by Quarter for BlackRock (NYSE:BLK)

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