Form PX14A6G BlackRock Inc. Filed by: Bluebell Capital Partners Ltd

Go back to Form PX14A6G BlackRock Inc. Filed by: Bluebell Capital Partners Ltd

Deutsche Bank on BlackRock (BLK): 'Flows were moderately higher than expected in equity and fixed income iShares'

April 12, 2024 7:48 AM EDT

Deutsche Bank analyst Brian Bedell reiterated a Buy rating and $936.00 price target on BlackRock (NYSE: BLK).

The analyst comments "We view 1Q core results as being mixed overall. Positively, cost control was good with an adjusted operating margin of 42.2% vs. our 41.8% vs. our 41.1% estimate while performance fees were strong, at $204mn vs. our $116mn estimate ($94mn Consensus). However, base mgmt. fees of $3.778bn were below our $3.833bn... More

BofA Securities on BlackRock (BLK): 'ETFs are the main driver of positive LT net flows'

April 12, 2024 7:30 AM EDT

BofA Securities analyst Craig Siegenthaler reiterated a Buy rating and $1,030.00 price target on BlackRock (NYSE: BLK).

The analyst comments "ETFs are the main driver of positive LT net flows. Long-term net flows of $76B slightly missed our $83B forecast while total... More

Goldman Sachs on BlackRock (BLK): 'Mixed 1Q results with a soft fee rate'

April 12, 2024 7:26 AM EDT

Goldman Sachs analyst Alexander Blostein reiterated a Buy rating and $913.00 price target on BlackRock (NYSE: BLK)

The analyst comments "

BLK reported 1Q24 adjusted EPS of $9.81, above both GSe at $9.57 and Visible Alpha Consensus Data $9.37. Operating income of $1,775mn was up 3% q/q and 17% y/y, coming in 5% above Consensus amid higher performance fees within Alts and stronger margin expansion (all non-comp expense driven). That said, management fees of $3,778mn missed... More

BlackRock (BLK) AUM $10.47t, Est. $10.43t - Bloomberg

April 12, 2024 5:59 AM EDT

Blackrock AUM $10.47t, Est. $10.43t - Bloomberg

... More