Boyd Watterson Asset Management Cut Its Blackrock (BLK) Stake; Altisource Asset Management (AAMC)’s Sentiment Is 0.75

November 15, 2017 - By Michael Collier

Boyd Watterson Asset Management Llc decreased Blackrock Inc (BLK) stake by 61.41% reported in 2017Q2 SEC filing. Boyd Watterson Asset Management Llc sold 1,464 shares as Blackrock Inc (BLK)’s stock rose 1.17%. The Boyd Watterson Asset Management Llc holds 920 shares with $389,000 value, down from 2,384 last quarter. Blackrock Inc now has $75.43B valuation. The stock increased 0.01% or $0.07 on November 14, reaching $470.45. About 3,056 shares traded. BlackRock, Inc. (NYSE:BLK) has risen 12.19% since November 15, 2016 and is uptrending. It has underperformed by 4.51% the S&P500.

Altisource Asset Management Corporation provides asset management and corporate governance services to institutional investors. The company has market cap of $119.54 million. The Company’s primary client is Altisource Residential Corporation . It currently has negative earnings. The Firm operates through segment, which is focused on providing asset management and certain corporate governance services to Residential.

Analysts await BlackRock, Inc. (NYSE:BLK) to report earnings on January, 12. They expect $5.92 EPS, up 15.18% or $0.78 from last year’s $5.14 per share. BLK’s profit will be $949.19 million for 19.87 P/E if the $5.92 EPS becomes a reality. After $5.92 actual EPS reported by BlackRock, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Investors sentiment increased to 1.28 in Q2 2017. Its up 0.09, from 1.19 in 2017Q1. It is positive, as 40 investors sold BLK shares while 284 reduced holdings. 95 funds opened positions while 320 raised stakes. 129.86 million shares or 1.53% more from 127.89 million shares in 2017Q1 were reported. Chevy Chase Incorporated owns 113,598 shares for 0.23% of their portfolio. Bryn Mawr reported 0.06% of its portfolio in BlackRock, Inc. (NYSE:BLK). Gareth Morgan Investments LP has invested 0.92% of its portfolio in BlackRock, Inc. (NYSE:BLK). Daiwa holds 0.08% in BlackRock, Inc. (NYSE:BLK) or 28,054 shares. Sumitomo Life Ins invested in 3,801 shares or 0.21% of the stock. Nuveen Asset Management Limited holds 4,043 shares or 0.01% of its portfolio. Bush Odonnell Inc invested in 4.7% or 18,020 shares. Hyman Charles D holds 0.03% in BlackRock, Inc. (NYSE:BLK) or 530 shares. State Of New Jersey Common Pension Fund D reported 104,500 shares or 0.18% of all its holdings. Dsm Cap Ltd Liability Co invested in 0.05% or 7,533 shares. Atria Invests Limited Liability Corporation invested 0.12% in BlackRock, Inc. (NYSE:BLK). Advisor Ptnrs Limited Liability holds 0.21% or 2,156 shares. Riverhead Mngmt Limited Liability reported 2,534 shares or 0.05% of all its holdings. Jacobson Schmitt Advisors Limited holds 0.21% of its portfolio in BlackRock, Inc. (NYSE:BLK) for 746 shares. Price T Rowe Associate Md has 0.03% invested in BlackRock, Inc. (NYSE:BLK) for 370,253 shares.

Among 17 analysts covering BlackRock (NYSE:BLK), 13 have Buy rating, 0 Sell and 4 Hold. Therefore 76% are positive. BlackRock had 75 analyst reports since August 26, 2015 according to SRatingsIntel. JP Morgan maintained the stock with “Overweight” rating in Thursday, October 12 report. Wood maintained BlackRock, Inc. (NYSE:BLK) on Friday, October 14 with “Market Perform” rating. The rating was maintained by Deutsche Bank on Tuesday, January 26 with “Buy”. The rating was maintained by Argus Research with “Buy” on Thursday, October 15. Jefferies maintained BlackRock, Inc. (NYSE:BLK) rating on Monday, July 11. Jefferies has “Hold” rating and $357 target. As per Thursday, March 17, the company rating was maintained by Deutsche Bank. UBS maintained the stock with “Buy” rating in Thursday, October 12 report. The stock has “Buy” rating by Argus Research on Friday, October 2. The firm has “Outperform” rating by Credit Suisse given on Friday, August 11. The firm earned “Hold” rating on Sunday, August 13 by Keefe Bruyette & Woods.

The stock decreased 2.56% or $2 on November 14, reaching $76. About shares traded. Altisource Asset Management Corp (AAMC) has risen 495.14% since November 15, 2016 and is uptrending. It has outperformed by 478.44% the S&P500.

Kazazian Asset Management Llc holds 0.8% of its portfolio in Altisource Asset Management Corp for 5,800 shares. Gratia Capital Llc owns 22,510 shares or 0.6% of their US portfolio. Moreover, Twin Securities Inc. has 0.24% invested in the company for 16,262 shares. The Massachusetts-based Putnam Investments Llc has invested 0.06% in the stock. Blackrock Inc., a New York-based fund reported 1,841 shares.

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By1 Michael Collier




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