BlackRock, Inc. (BLK) Shares Sold by Charter Trust Co

Financial Architects Inc boosted its position in BlackRock by 0.7% in the second quarter. Kings Point Capital Management increased its position in shares of BlackRock by 34.5% in the first quarter.

Gareth Morgan Investments Limited Partnership decreased its ownership in BlackRock, Inc. stock by 0.4% in the quarter ending 06/30/2017. Twin Tree Management LP increased its position in shares of BlackRock by 131.2% in the first quarter. Trust Co now owns 4,237 shares of the asset manager's stock worth $1,613,000 after buying an additional 307 shares during the last quarter. Trust Co raised its stake in shares of BlackRock by 7.8% in the fourth quarter.

Tiaa Cref Investment Management LLC divested its investment by shedding 8,142 shares a decrease of 1.9% as of 06/30/2017. First Midwest Bank Trust Division's holdings in BlackRock were worth $1,156,000 at the end of the most recent reporting period. Peoples Financial Services CORP. bought a new position in shares of BlackRock during the first quarter worth $115,000. Skylands Capital LLC now owns 12,075 shares of the asset manager's stock valued at $4,631,000 after buying an additional 7,075 shares during the last quarter.

BlackRock, Inc. (BlackRock), launched on February 13, 2006, is an investment management company. (NYSE:BLK) traded up 0.35% during midday trading on Friday, reaching $424.16.

About 185,286 shares traded. The company has a market cap of $68.98 billion, a price-to-earnings ratio of 20.4126 and a beta of 1.71.

BlackRock, Inc. has a 52 week low of $336.84 and a 52 week high of $442.84. The stock's 50 day moving average price is $428.03 and its 200-day moving average price is $399.68.

BlackRock (NYSE:BLK) last issued its quarterly earnings results on Monday, July 17th. The asset manager reported $5.24 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $5.39 by $0.15. Los Angeles Capital Management Equity Research reported 29,882 shares stake. The firm had revenue of $2.97 billion for the quarter, compared to the consensus estimate of $3.01 billion. During the same quarter a year ago, the business posted $4.78 EPS. The firm's revenue for the quarter was up 5.7% on a year-over-year basis. On average, equities research analysts expect that BlackRock, Inc. will post $21.85 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 22nd. Investors of record on Tuesday, September 5th will be paid a $2.50 dividend. The ex-dividend date is Thurs, Aug 31st. The dividend payment will be $2.500 per share for the quarter which is $10.00 annualized. BlackRock's payout ratio is 47.98%. If you are reading this article on another website, it was stolen and republished in violation of global copyright laws. The legal version of this story can be viewed at (NYSE:BLK). St Germain D J Com reported 2,241 shares. Deutsche Bank AG reaffirmed a "buy" rating and issued a $455.00 price target (down from $465.00) on shares of BlackRock in a research report on Tuesday, July 18th. Finally, Wells Fargo & Company restated a "market perform" rating and set a $425.00 price objective (up previously from $380.00) on shares of BlackRock in a report on Wednesday, July 12th. BidaskClub cut shares of BlackRock from a "strong-buy" rating to a "buy" rating in a report on Monday, July 31st. Jefferies Group LLC restated a "hold" rating and set a $387.00 price target on shares of BlackRock in a report on Wednesday, May 17th.

Among 2 analysts covering Destination XL Group (NASDAQ:DXLG), 2 have Buy rating, 0 Sell and 0 Hold. BlackRock presently has an average rating of "Buy" and a consensus price target of $434.93. Also, Director Susan Wagner sold 2,500 shares of the business's stock in a transaction that occurred on Friday, June 2nd. It increased, as 38 investors sold BLK shares while 294 reduced holdings. Red Mountain Capital Partners Llc bought 100,000 shares as the company's stock declined 28.36% while stock markets rallied. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The stock was sold at an average price of $405.98, for a total transaction of $202,990.00. The disclosure for this sale can be found here. National Asset Management Inc. now owns 716 shares of the asset manager's stock worth $275,000 after buying an additional 3 shares in the last quarter. UBS upgraded BlackRock, Inc.

Chevron Corporation manages its investments in subsidiaries and affiliates, and provides administrative, financial, management and technology support to the United States and worldwide subsidiaries that engage in integrated energy and chemicals operations.