|Bid||532.80 x 1300|
|Ask||549.00 x 800|
|Day's range||534.68 - 542.94|
|52-week range||403.12 - 594.52|
|PE ratio (TTM)||17.05|
|Earnings date||16 Jul. 2018 - 20 Jul. 2018|
|Forward dividend & yield||11.52 (2.20%)|
|1y target est||608.00|
Isabelle Mateos y Lago, chief multi-asset strategist at BlackRock Investment Institute, discusses the fall of the Turkish lira and what the government and central bank can do to help the economy. She speaks ...
Isabelle Mateos y Lago, chief multi-asset strategist at BlackRock Investment Institute, discusses Italian political uncertainty and its impact on Italian bonds. She speaks on "Bloomberg Surveillance." ...
T. Rowe Price Group (TROW) generates net revenues from investment advisory fees and administrative, distribution, and servicing fees. TROW generated total investment advisory fees of ~$1.2 billion in the first quarter compared to $992.7 million in the first quarter of 2017, reflecting a YoY (year-over-year) rise of 19.8%. Of the total investment advisory fees in the first quarter, US mutual funds contributed $832.9 million while other investment products made a contribution of $356.3 million.
BlackRock (BLK) stock has risen 12.5% over the past six months and 36.3% over the past year, helped by inflows in its iShares and Retail offerings. In comparison, the S&P 500 ETF (SPY) has risen 13.0% over the past year. BlackRock’s performance in 2018 is expected to be impacted by high equity valuations, faster rate hikes, and global issues such a potential trade wars and relations with North Korea. In 2017, the company added record new flows of $367.0 billion, or ~6.0% of its total AUM (assets under management) of $6.3 trillion.
Analysts expect subdued returns for non-diversified asset managers (XLF) in 2018 compared to 2017. This trend is primarily due to high valuations of equities, rising interest rates, and shifting of funds toward commodities that result in higher input prices.
The Federal Reserve has stuck to its initial plan of three rate hikes of 25 basis points in 2018. The central bank implemented a rate hike in March, bringing the Fed funds rate to 1.75%. Rising rates have led to revaluations of equities and commodities amid rising borrowing costs. Analysts are less upbeat on leveraged companies due to their expected decline in net margins on higher finance costs.
This growth is expected to come from ETFs and its Retail segment’s offerings, partially offset by weaker performance in the Institutional segment. ETFs are expected to see subdued flows due to outflows from debt in the first quarter.
BlackRock Global Chief Investment Strategist Richard Turnill discusses the U.S. yield curve. He speaks with Francine Lacqua on "Bloomberg Surveillance." (Source: Bloomberg)
BlackRock Global Chief Investment Strategist Richard Turnill discusses British politics, Bank of England monetary policy and U.K. assets. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)...
When your underlying index is filled with thousands of fixed-income securities, tracking it isn’t exactly a simple task. The crux of the problem: It’s essentially impossible to own every note and bond in the benchmark. If you therefore use a selection of its constituents to replicate the benchmark, you have to continually tweak the characteristics of your optimized portfolio to home in on the performance of the underlying index.
BlackRock (BLK) is giving consistent returns to shareholders in the form of dividends and repurchases backed by consistent operating performance. The company declared a quarterly dividend of $2.88 in the first quarter compared to $2.50 in the first quarter of 2017, forming an annualized yield of 2.2%. The Trump administration’s tax cuts are expected to help equities command higher premiums as well as a long-term shift toward equities rather than debt offerings.
A few years ago Vincent Deluard was a huge cheerleader for smart-beta ETFs, which slice and dice the market using indexes tuned to classic investing factors like momentum and value. With smart-beta portfolios becoming increasingly popular, the global macro strategist at INTL FCStone Financial Inc. recently reached the conclusion that the strategies aren’t as shrewd as they seem. “If everyone’s doing it, it’s not going to work anymore,” Deluard said.
BlackRock (BLK) commands the highest operating margins among its industry peers and is improving it further by deploying technology, economies of scale, and automated advisories. The company has garnered operating margins in the range of 42.0%–45.0% in recent quarters. Its operating margins of 43.0%–45.0% helped the company command higher valuation multiples when compared with industry averages. BlackRock spent ~$2.2 billion in the first quarter, a rise of 13.3% from the previous year on higher compensation, general spending, direct fund expenses, and distribution expenses.
BlackRock (BLK) was managing ~$1.8 trillion through the iShares ETF platform on March 31. The company has attracted lower flows in the first quarter, compared with its average flows in 2017.
Richard Bethell, the first Baron Westbury, was approaching his 70th birthday when he tried his hand at asset management. The politician had served as lord chancellor, overseeing Britain’s legal system. In the century and a half since Bethell took that role, countless high-profile politicians have followed him into the investment management industry, offering to open their contacts books and share insights in exchange for well-paid positions that often take little time.
BlackRock (BLK) manages the highest assets for institutional investors across various product offerings when compared with its global peers. On March 31, the company managed ~$3.5 trillion for institutional clients in active and index offerings, which formed 55.0% of its total assets.
Retail investors have increased their deployments in equity and other asset classes since the beginning of 2017. In the first quarter, the Retail segment attracted $16.7 billion in new flows compared to $11.0 billion in the previous quarter. This was the only segment to register positive growth for BlackRock in the first quarter.
TORONTO, May 18, 2018-- BlackRock Asset Management Canada Limited, an indirect, wholly-owned subsidiary of BlackRock, Inc., today announced the May 2018 cash distributions for the iShares ETFs listed on ...
BlackRock (BLK), the world’s largest asset manager, witnessed lower inflows in ETFs and its Institutional segment in the first quarter. BlackRock is expected to post earnings per share of $6.64 in the second quarter, 1.0% lower sequentially and up 26.7% year-over-year. BlackRock (BLK) posted EPS of $6.70 in the first quarter compared to the estimate of $6.39.
BlackRock CEO Larry Fink explains some of the misunderstandings people have about passive investing and why active isn't dead.
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May.25 -- Isabelle Mateos y Lago, chief multi-asset strategist at BlackRock Investment Institute, discusses the fall of the Turkish lira and what the government and central bank can do to help the economy. She speaks on "Bloomberg Surveillance."
May.22 -- BlackRock Global Chief Investment Strategist Richard Turnill discusses the U.S. yield curve. He speaks with Francine Lacqua on "Bloomberg Surveillance."