Is BLK a buy? - Seeking Alpha

Quote & Headlines Market Currents StockTalk

Today 5d 1m 3m 1y 5y 10y

52wk high:

52wk low:

EPS:

PE:

Div Rate:

Yield:

Market Cap:

Volume:

2,705 people get BLK articles and Market Currents by email alert.

Get email alerts on BLK »

FOCUS | PRO | RELATED | TRANSCRIPTS | NEWS & PR

BlackRock: ETF Growth To Drive Expansion
Chris O'Donnell • Wed, Jun 12
BlackRock: Could $400 Be On The Horizon?
Dave Dierking • Fri, May 17 • 1 Comment
Blackrock: My Preferred Way To Play Rising Markets
Fund Gurus • Tue, May 14 • 3 Comments
BlackRock: Fundamental Stock Research Analysis
F.A.S.T. Graphs • Wed, May 8
BlackRock: This Industry-Leading Asset Manager Is Like A Rock
Saibus Research • Wed, May 1
Bully For BlackRock
Bret Jensen • Tue, Apr 16 • 5 Comments
Why I'm Bullish On BlackRock And Lincoln National
DoctoRx • Mon, Apr 1 • 3 Comments
4 Reasons To Consider Blackrock
Arsene Lupin • Mon, Apr 1 • 3 Comments
BlackRock: Ready To Rise To New Highs
Basileus • Thu, Feb 14 • 3 Comments
BlackRock: This Industry Leading Asset Manager Offers Double Digit Dividend Growth
Saibus Research • Tue, Feb 5 • 1 Comment
BlackRock A Solid Pick For Growth And Income
Zacks Investment Research • Tue, Jan 22
Behind BlackRock's Blowout Numbers
Bret Jensen • Sun, Jan 20 • 5 Comments
Whisper Number Impact: Earnings Preview For BlackRock
WhisperNumber • Wed, Jan 16
Vanguard Woke BlackRock From Its Slumber
Saibus Research • Tue, Oct 30, 2012 • 7 Comments
Betting On Blackrock
Bret Jensen • Mon, Oct 8, 2012 • 12 Comments
BlackRock: A Solid Addition In The Capital Market Industry
Robert Wong • Fri, Sep 21, 2012
BlackRock's iShares Fee Cut Will Help It Stabilize Its Market Share
Saibus Research • Tue, Sep 11, 2012
Why I'm Still Bullish On Blackrock
Benjamin Goldman • Tue, Aug 21, 2012 • 1 Comment
Enhanced Income Strategy For BlackRock - Update 4
K202 • Wed, Aug 8, 2012 • 5 Comments
BlackRock: An Undervalued, Industry-Leading Asset Manager To Pick Up
Saibus Research • Wed, Aug 1, 2012 • 1 Comment

To learn more about Seeking Alpha Pro, click here.

S&P Not Fussed On Dollar, EM Currency ETFs
Benzinga • Fri, Jun 14 • 1 Comment
Is It Worth Adding PNC Financial To Your Portfolio?
Elisa Lemmola • Fri, Jun 14 • 4 Comments
MarketAxess: An Attractive Small-Cap Pick
IAEResearch • Mon, Jun 10 • 4 Comments
Equity CEFs: Top Funds By Fund Family (Part I)
Douglas Albo • Tue, May 28 • 18 Comments
13F Watch: Funds Add Healthcare And Trim Technology As Activists Take Center Stage
CFA Institute Contributors • Thu, May 16
Ultimate Sustainable Dividend Portfolio - May 2013 Update - Crushing the S&P 500
Intelligent Speculator • Wed, May 15 • 16 Comments
3 Undervalued U.S. Financials With A Greater Than 2% Dividend Yield
Black Coral Research • Tue, May 14 • 9 Comments
Cramer's Lightning Round - EMC Is Controversial (4/23/13)
SA Editor Miriam Metzinger • Wed, Apr 24 • 1 Comment
3 Stocks In An Uptrend That Have Grown Sales, Earnings And Dividends By Double Digits
Arie Goren • Mon, Apr 15
Apollo Global Management: Earnings Surprise After Earnings Surprise
Zacks Investment Research • Wed, Apr 3 • 1 Comment
6 Great Dividend Growth Plays In Financials
Dave Dierking • Tue, Apr 2 • 4 Comments
Where Have All The Cheap Stocks Gone? 3 Undervalued Picks
Frank J. Constantino • Mon, Mar 25 • 13 Comments
4 Companies That Have The Support Of Insiders And Institutions
Brad Kenagy • Thu, Mar 21 • 9 Comments
Cramer's Lightning Round - Think Cypress, Not Cyprus (3/19/13)
SA Editor Miriam Metzinger • Wed, Mar 20
Fidelity Increases Commission-Free ETF Count to 66
Ron Rowland • Mon, Mar 18 • 2 Comments
Fidelity, BlackRock In ETF Partnership
Tom Lydon • Thu, Mar 14 • 1 Comment
Healthcare Sector Leads A Strong Market Forward
Scott Martindale • Thu, Mar 14
Cramer's Mad Money - Sad Tales Of Seller's Remorse (3/11/13)
SA Editor Miriam Metzinger • Tue, Mar 12 • 10 Comments
Bond Play: A Look At Federal Furloughs
Jari Ulmer • Sun, Mar 10 • 10 Comments
How To Invest In The ETF Boom
Paulo Santos • Tue, Feb 12 • 16 Comments

BlackRock's CEO Hosts Investor Day (Transcript)
Tue, Jun 18
BlackRock Management Discusses Q1 2013 Results - Earnings Call Transcript
Tue, Apr 16
BlackRock, Inc. Presents at 2013 Credit Suisse Financial Services Forum, Feb-13-2013 08:00 AM
Wed, Feb 13
BlackRock Management Discusses Q4 2012 Results - Earnings Call Transcript
Thu, Jan 17
BlackRock Management Discusses Q3 2012 Results - Earnings Call Transcript
Wed, Oct 17, 2012
BlackRock Management Discusses Q2 2012 Results - Earnings Call Transcript
Wed, Jul 18, 2012
BlackRock's CEO Discusses Q1 2012 Results - Earnings Call Transcript
Wed, Apr 18, 2012
BlackRock's CEO Discusses Q4 2011 Results - Earnings Call Transcript
Thu, Jan 19, 2012
BlackRock's CEO Discusses Q3 2011 Results - Earnings Call Transcript
Wed, Oct 19, 2011
BlackRock's CEO Discusses Q2 2011 Results - Earnings Call Transcript
Wed, Jul 20, 2011
BlackRock's CEO Discusses Q1 2011 Results - Earnings Call Transcript
Thu, Apr 21, 2011
BlackRock's CEO Discusses Q4 2010 Results - Earnings Call Transcript
Tue, Jan 25, 2011
BlackRock, Inc. Management Discusses Q3 2010 Earnings Call Transcript
Wed, Oct 20, 2010
BlackRock, Inc. Q2 2010 Earnings Call Transcript
Thu, Jul 22, 2010
BlackRock, Inc. Q4 2009 Earnings Call Transcript
Wed, Jan 27, 2010
BlackRock, Inc. Q3 2009 Earnings Call Transcript
Tue, Oct 20, 2009
BlackRock Q4 2008 Earnings Call Transcript
Wed, Jan 21, 2009
BlackRock Inc. Q3 2008 Earnings Call Transcript
Tue, Oct 21, 2008
BlackRock, Inc. Q2 2008 Earnings Call Transcript
Thu, Jul 17, 2008
BlackRock, Inc. Q1 2008 Earnings Call Transcript
Wed, Apr 16, 2008

Could BofA Still Toss Countrywide into Bankruptcy?

at Fox Business (Jun 11, 2013)
Yes, You Do Trust a Computer to Manage Your Money

at CNBC.com (Jun 7, 2013)
Financial Stocks: Financial stocks up, as May payrolls rise

at MarketWatch.com (Jun 7, 2013)
Private Equity Bracing for Higher Rates

at CNBC.com (Jun 5, 2013)
BlackRock Announces It is Holding Investor Day 2013 on June 18th, 2013

Business Wire (Jun 4, 2013)
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

Business Wire (Jun 3, 2013)
Financial Stocks: Financial stocks fall on manufacturing data

at MarketWatch.com (Jun 3, 2013)
iShares Obtains New Cusip Numbers For Four ETFs

Business Wire (May 31, 2013)
So You're Not Saving Enough for Your Retirement

at CNBC.com (May 31, 2013)
CORRECTING and REPLACING BlackRock Declares Quarterly Dividend of $1.68 on Common Stock; Laurence D. Fink to Present at the Deutsche Bank Global Financial Services Investor Conference on June 4th

Business Wire (May 30, 2013)
SEC Pokes Nasdaq; Dow 28,000?; Chinese M&A Sizzle

at CNBC.com (May 29, 2013)
US Needs Mandatory Savings Policy: BlackRock's Fink

at CNBC.com (May 29, 2013)
Finally, Clarity From the Fed! Or Maybe Not ...

at CNBC.com (May 24, 2013)
BlackRock’s Laurence D. Fink to Present at the 29th Annual Bernstein Strategic Decisions Conference on May 30th

Business Wire (May 23, 2013)
Lew quizzed over super-council’s secrecy

at MarketWatch.com (May 22, 2013)
Early Movers: TGT, LOW, MRK, SPLS & More

at CNBC.com (May 22, 2013)
When ‘loser’ ETFs close, investors can lose too

at MarketWatch.com (May 21, 2013)
Lew sees loosening of underwriting standards

at MarketWatch.com (May 21, 2013)
Early Movers: HD, BBY, URBN, DELL & More

at CNBC.com (May 21, 2013)
Early Movers: YHOO, CPB, BA, GE & More

at CNBC.com (May 20, 2013)

BLK vs. ETF Alternatives

Company Description

BlackRock, Inc. is one of the largest publicly traded investment management firms in the United States with $1.307 trillion of assets under management at December 31, 2008. BlackRock manages assets on behalf of institutional and individual investors worldwide through a variety of fixed income,... More

Sector: Financial

Industry: Asset Management

Country: United States

All
| Earnings
| Dividends
| M&A
| On the move

Monday, June 17, 9:58 AM It's still the "early days" for ETFs, according to iShares (BLK), which sees ETF AUM more than doubling to $3.5T by 2017. Among the key driving trends is the fast growth of self-directed accounts using ETFs - currently a $4T addressable market with a 9% growth rate. Along with BlackRock as industry giants are State Street (STT) and Vanguard. Smaller players include Schwab (SCHW), Northern Trust (NTRS), and WisdomTree (WETF). 1 Comment [Financials]
Thursday, June 13, 3:07 PM Should PNC unload its 21% stake in BlackRock (BLK) - currently worth $9.46B, but on the books at $5.6B (PNC's total market cap is $37.5B). A sale would enable a sizable buyback (subject to Fed approval), but "not a great trade-off vs. losing 14% of EPS," says Nomura's Keith Murray. Another issue the buildup of a deferred tax asset, meaning the bank would be liable for a $1.9B payment to the IRS if it sold. 1 Comment [Financials]
Wednesday, June 12, 1:31 PM Ahead of BlackRock's (BLK -1.6%) first-ever investor day (the 18th), Goldman - looking for a big move - is advising clients to pick up call options on the stock. Management will surely do a decent job explaining how the "financial Swiss Army knife" of a company is poised to profit. Then there's $3B in free cash flow that can be used for buybacks plus a 2.4% dividend yield (though not quite as attractive as it was 60 days ago). Comment! [Financials]
Friday, June 7, 2:21 PM BlackRock's (BLK +3%) price target is boosted to $281 at Credit Suisse, which continues with its Neutral rating on the stock, the analysts noting the growth in AUM. Money continues to pour into ETPs at ever-faster rates and BlackRock is garnering a big share of it. Comment! [Financials]
Thursday, June 6, 3:41 PM More than $107B has flowed into ETPs this year, an increase of 31.3% over the same period last year, according to ETFGI. Among providers, BlackRock (BLK) has seen inflows of $30.9B, up 65% Y/Y, but outflows from GLD have hit State Street (STT) which has gathered just $3.7B - down from $6.6B a year ago. Among smaller players, WisdomTree (WETF) has more than doubled its entire 2012 take thanks to the popularity of DXJ - its hedged Japan ETF. 2 Comments [Financials]
Tuesday, June 4, 3:07 PM Day 2 of Bank of America's (BAC) Article 77 hearing finds an AIG lawyer arguing those who approved the $8.5B settlement - including BlackRock (BLK) and MetLife (MET) were conflicted and never investigated how much money investors actually lost on the MBS originally valued at $105B. A lawyer for BlackRock says it and other firms agreed to the settlement rather than risk BofA putting Countrywide into bankruptcy. Observing the proceeding, Mike Mayo says there's "significant legal tail risk" for BofA. 24 Comments [Financials]
Monday, June 3, 3:22 AM A New York court is due to start a hearing today over whether it should approve Bank of America (BAC) $8.5B agreement to settle claims with investors over soured mortgage bonds. While heavyweights such as BlackRock (BLK) and Goldman Sachs (GS) support the deal, it faces opposition from AIG (AIG), which says it has $10.5B worth of claims against BofA. Approval of the agreement would enable the bank to take a major step in cleaning up the mess it inherited when it bought Countrywide. 4 Comments [Financials, Top Stories]
Thursday, May 30, 3:49 PM BlackRock (BLK) declares $1.68/share quarterly dividend, in line with previous. Forward yield 2.35%. For shareholders of record June 7. Payable June 24.Ex-div date June 5. (PR) Comment! [Dividends]
Thursday, May 30, 7:52 AM BlackRock (BLK) is downgraded to Hold from Buy at Susquehanna after the stock's big run leaves it less attractively valued, especially with the dividend yield (2.37%) now being challenged by the 10-year Treasury yield (2.13% this morning). Comment! [Financials]
Wednesday, May 29, 3:55 PM Sterne Agee's Jason Weyeneth raises estimates for asset managers who have been benefitting from strong markets. His top pick is Invesco (IVZ) thanks a discounted valuation combining with "rapidly expanding margins, strong diversified organic growth, (and) a well-balanced platform." Not everyone is gaining equally, he says, as weaker-than-expected inflows are an issue at T. Rowe Price (TROW), BlackRock (BLK), and Federated Investors (FII). Comment! [Financials]
Tuesday, May 21, 7:23 AM BlackRock (BLK) fills a void, purchasing P-E property investment advisory firm MGPA ($12B AUM) to boost its Asian real estate business. The transaction - price undisclosed - is expected to close in Q3 and won't materially affect EPS, says BlackRock. Comment! [Financials]
Tuesday, May 21, 7:03 AM BlackRock (BLK) is upgraded to Buy at Macquarie, with price target lifted to $315 from $253. The asset manager is up 40% YTD, up 68% Y/Y. Comment! [Financials]
Thursday, May 16, 1:28 PM Fund managers like BlackRock (BLK) and Legg Mason (LM) get ahead of what could be a "seismic reallocation of assets" by launching "ultra-short" funds with floating NAVs ahead of new money market regulations. These funds are different than the "ultra-short" funds which ran into trouble in 2008 in that their maturities are even shorter and they can only invest in high-grade debt. Somewhat similar ETF offerings: SHV, MINT, BIL, PVI, GSY, VRD, RAVI. 1 Comment [Financials]
Thursday, May 2, 7:08 AM BlackRock (BLK) plans to hire another 300 attorneys to deal with fragmented global regulation, says CEO Larry FInk. "And I'm not the one being regulated, I'm not a bank." Instead, BlackRock is the world's largest owner of bank equity and debt and needs to follow along closely. "There is no consistent manner in which bank resolution will be applied ... It is a mess." Comment! [Financials]
Friday, April 26, 3:05 PM BlackRock director (and Bank of America co-COO) Thomas Montag purchased 5K shares of BLK last week at $248.64 each - a total amount of nearly $1.25M. According to the SEC Form 4, it's his first direct holdings of BlackRock (he's been on the board about 2 years). Comment! [Financials]
Friday, April 19, 8:50 AM Lloyds (LYG) reportedly hires Deutsche Bank to advise on a sale of fund-management unti Scottish Widows Investment. The sluggish low-margin business is a drag on Lloyds - which needs to raise capital and pay off bailout loans - but would be of great value to a buyer with scale like BlackRock (BLK). Comment! [Financials]

techwonk
$PNC, $BLK http://bit.ly/18PuZWj
Sun, 9:56 PM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Jason F
The Market Waits For No One http://bit.ly/1bkXabG $SPX $SPY $BLK $LL $QQQ $DIA
Jun 9, 1:27 PM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Michael Bryant
Franklin Resources ($BEN), Conn's ($CONN), BlackRock ($BLK), Ryland Group ($RYL), & Magellan Midstream ($MMP) rose Thursday on unusual vol.
Jun 7, 12:10 AM
Reply (1)

• !Report Abuse
View all 1 replies
Michael Bryant: All look great, but $CONN's performed the best over the last 52 weeks.
Jun 7, 12:21 AM
• !Report Abuse
Add a reply...

140 characters

Saibus Research
BlackRock: This Industry-Leading Asset Manager Is Like A Rock http://seekingalpha.com/a/tt3p $BLK
May 3, 11:42 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Chines33
Here are the strong earnings beats by investment banking I was looking for $BLK $GS and the overnight metals bounce that looked likely.
Apr 16, 7:42 AM
Reply (4)

• !Report Abuse
View all 4 replies
Ocean Man: I like $SBUX best to beat. Would buy earnings dips in some other names. $KO, $GS, $BLK, $JNJ all green after reports this morning.
Apr 16, 8:29 AM
• !Report Abuse
Chines33: Ya I like $GS $JNJ on dips
Apr 16, 8:36 AM
• !Report Abuse
Add a reply...

140 characters

Saibus Research
record net inflows pushes assets at ETPs to all time high. Means good things for $STT $BK and $BLK http://bit.ly/11JHkpm
Apr 8, 12:28 PM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

The Wall Street Transcript
BlackRock, Inc. ($BLK) to Benefit from Industry Migration from Fixed Income to Equities- http://su.pr/6Qa0Cn
Apr 1, 3:42 PM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

x oil -field
Bloomberg: $BLK Treasuries Fall Before Fed Decision *Amid Bets ECB to Back Cyprus. http://bloom.bg/WUSVCp
Mar 20, 7:36 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

x oil -field
Traders, ICE Concerned Over New SEC Margin Rules for CDS -Source $BLK http://bit.ly/13TXf6V $GLD NASDAQ
Mar 13, 8:58 PM
Reply (1)

• !Report Abuse
View all 1 replies
x oil -field: Reuters: $JPM JPMorgan ignored risks, fought regulators: Senate.http://reut.rs/XNLgo9
Mar 15, 9:13 AM
• !Report Abuse
Add a reply...

140 characters

StockViews
Citi reaffirm BUY on $BLK following call with senior execs. "Favorable first look at Global Retail + iShares"
Mar 12, 8:31 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

LATEST REPLIES

Michael Bryant
Franklin Resources ($BEN), Conn's ($CONN), BlackRock ($BLK), Ryland Group ($RYL), & Magellan Midstream ($MMP) rose Thursday on unusual vol.
Jun 7, 12:10 AM
Reply (1)

• !Report Abuse
View all 1 replies
Michael Bryant: All look great, but $CONN's performed the best over the last 52 weeks.
Jun 7, 12:21 AM
• !Report Abuse
Add a reply...

140 characters

Closet Iguana
Looking for a suggestion of a good solid long term company - thinking about $BLK - not sure
Feb 12, 10:52 AM
Reply (4)

• !Report Abuse
View all 4 replies
Iron Hamster: BLK, ABC, BA, ADP, AET should give you a nice diversified long term portfolio.
May 4, 7:20 AM
• !Report Abuse
Closet Iguana: Thank you very much Hamster. I think I'm going with ABC. Again really appreciate it!
May 6, 12:57 PM
• !Report Abuse
Add a reply...

140 characters

Chines33
Here are the strong earnings beats by investment banking I was looking for $BLK $GS and the overnight metals bounce that looked likely.
Apr 16, 7:42 AM
Reply (4)

• !Report Abuse
View all 4 replies
Ocean Man: I like $SBUX best to beat. Would buy earnings dips in some other names. $KO, $GS, $BLK, $JNJ all green after reports this morning.
Apr 16, 8:29 AM
• !Report Abuse
Chines33: Ya I like $GS $JNJ on dips
Apr 16, 8:36 AM
• !Report Abuse
Add a reply...

140 characters

x oil -field
Traders, ICE Concerned Over New SEC Margin Rules for CDS -Source $BLK http://bit.ly/13TXf6V $GLD NASDAQ
Mar 13, 8:58 PM
Reply (1)

• !Report Abuse
View all 1 replies
x oil -field: Reuters: $JPM JPMorgan ignored risks, fought regulators: Senate.http://reut.rs/XNLgo9
Mar 15, 9:13 AM
• !Report Abuse
Add a reply...

140 characters

Jason F
What To Do When The Market Is At New Highs http://bit.ly/XEINY1 $SPY $DIA $SPX $QQQ $GOOG $AMZN $BLK $MON
Jan 27, 2:18 PM
Reply (4)

• !Report Abuse
View all 4 replies
realornot: don't think... JUST DO IT...... $NKE!
Jan 27, 5:04 PM
• !Report Abuse
Jason F: lol
Jan 27, 7:46 PM
• !Report Abuse
Add a reply...

140 characters

David Jackson
Does $BLK's valuation and dividend yield make it a "buy"?
11/18/12
Reply (2)

• !Report Abuse
View all 2 replies
David Jackson: As background, note this massive insider buy: http://seekingalpha.com/n/ee1r
11/18/12
• !Report Abuse
Hillbilly Stock Star: Manager for National Pension Plan?
11/18/12
• !Report Abuse
Add a reply...

140 characters

Hillbilly Stock Star
BLK......A USA National Pension Plan via Obama?
11/17/12
Reply (5)

• !Report Abuse
View all 5 replies
Hillbilly Stock Star: Hey Ocean any idea on math on National Pension Plan?
11/17/12
• !Report Abuse
Hillbilly Stock Star: Put Uncle Benny in position to normalize interest rates?
11/17/12
• !Report Abuse
Add a reply...

140 characters

Jacob Wolinsky
$DB Said to Limit Bonuses [Morning Update] http://bit.ly/zecHgh $CIT $C $OPEN #MHP $GREK $RBS $BLK $BAC $JPM $WFC
2/8/12
Reply (1)

• !Report Abuse
View all 1 replies
Glen Bradford: http://bit.ly/wVDhHZ
2/8/12
• !Report Abuse
Add a reply...

140 characters

Jacob Wolinsky
BlackRock's Larry Fink is SUPER Bullish on Stocks http://bit.ly/wlE9qS $BLK $SPY
2/8/12
Reply (1)

• !Report Abuse
View all 1 replies
1980XLS-2.0: Stop, you're scaring me.
2/8/12
• !Report Abuse
Add a reply...

140 characters

Alpha Prophets
Check out my new article on Private Equity, "Has the Economy Bottomed?" * http://seekingalpha.com/a/6sev * #economy #trading #investing $PSP $BLK
12/30/11
Reply (2)

• !Report Abuse
View all 2 replies
Hillbilly Stock Star: I know they are sniffing in the oil patch!
12/30/11
• !Report Abuse
Alpha Prophets: Yes sir. That is for certain. North and South Dakota. Also in the natural gas market. Western Pennsylvania and West Virginia.
12/30/11
• !Report Abuse
Add a reply...

140 characters

Dividend Sheet
Best Financial Stock Picks For 2012: http://bit.ly/tgEpnm + $NLY $WBK $BLK $PNC $CME$WFC $DFS $BBD $COF $BRK-A
12/22/11
Reply (4)

• !Report Abuse
View all 4 replies
madav1138: HBAN, KEY
12/23/11
• !Report Abuse
madav1138: FITB
12/23/11
• !Report Abuse
Add a reply...

140 characters

BLK BlackRock, Inc.

BLK

BlackRock, Inc.