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Last $5,605 MXN
Change Today 0.00 / 0.00%
Volume 0.0
BLK* On Other Exchanges
Symbol
Exchange
New York
Berlin
Mexico
As of 4:12 PM 04/29/15 All times are local (Market data is delayed by at least 15 minutes).

blackrock inc (BLK*) Snapshot

Open
$5,605
Previous Close
$5,605
Day High
$5,605
Day Low
$5,605
52 Week High
04/24/15 - $5,742
52 Week Low
05/28/14 - $3,895
Market Cap
932.9B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
164.6M
EX-Date
03/4/15
P/E TM
--
Dividend
$8.65
Dividend Yield
1.96%
Current Stock Chart for BLACKROCK INC (BLK*)

blackrock inc (BLK*) Details

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors. It also manages accounts for corporate, public, union and industry pension plans, insurance companies, third-party mutual funds, endowments, foundations, charities, corporations, official institutions, and banks. The firm also provides global risk management and advisory services. It manages separate client-focused equity, fixed income, and balanced portfolios. The firm also launches and manages open-end and closed-end mutual funds, offshore funds, ETF’s, unit trusts, and alternative investment vehicles including hedge funds and structured funds. It invests in the public equity, fixed income, real estate, and alternative markets across the globe. The firm primarily invests in growth, value, and core stocks of small-cap, mid-cap, SMID-cap, large-cap and multi-cap companies. It employs a fundamental and quantitative analysis with a bottom-up stock picking approach to make its investments. The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments. In real estate sector, the firm seeks to invest in Poland and Germany. BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston, Massachusetts, London, United Kingdom, Brazil, Philadelphia, Pennsylvania, Plainsboro, New Jersey, and San Francisco, California.

12,300 Employees
Last Reported Date: 05/8/15
Founded in 1988

blackrock inc (BLK*) Top Compensated Officers

Co-Founder, Chairman and Chief Executive Offi...
Total Annual Compensation: $10.0M
President, Director, Chairman of The Global O...
Total Annual Compensation: $7.7M
Co-President, Senior Managing Director, Co-Ch...
Total Annual Compensation: $4.9M
Chief Financial Officer and Senior Managing D...
Total Annual Compensation: $2.9M
Chief Operating Officer, Senior Managing Dire...
Total Annual Compensation: $3.5M
Compensation as of Fiscal Year 2014.

blackrock inc (BLK*) Key Developments

BlackRock Is Reported To Buy Stake In DSP Blackrock Mutual Fund

BlackRock, Inc. (NYSE:BLK) has offered to buy out its Joint Venture partner Hemendra Kothari's stake in the Indian mutual fund business, said a person familiar with the development. BlackRock wants to acquire veteran investment banker Kothari's 60% equity holding in DSP BlackRock Investment Managers Pvt. Ltd. (DSP BlackRock Mutual Fund). BlackRock is keen on spearheading the growth of its Indian asset management business, said the person in the know. "BlackRock wants to look at different ways to grow the business which has not shown a significant rise in assets under management (AUM)," he said. In response to an Economic Times query on the matter, a BlackRock spokesperson said, "We don't comment on market speculation. We are excited about the potential of the Indian market and we work closely with our JV partner DSP BlackRock to deliver our growth strategy in India." Since negotiations between BlackRock and Kothari are still in early stages, the size of the possible deal could not be ascertained. If the deal goes through, DSP BlackRock could be valued at about 5%-6% of its assets under management, which is higher than the recent deals in the industry, said two officials with rival mutual funds. Hemendra Kothari did not comment on the matter, ET reported.

BlackRock, Inc. Presents at 9th Annual Nomura Global Quantitative Investment Strategies Conference, May-12-2015 02:00 PM

BlackRock, Inc. Presents at 9th Annual Nomura Global Quantitative Investment Strategies Conference, May-12-2015 02:00 PM. Venue: Nomura, Worldwide Plaza ­ 28th Floor, 309 West 49th Street (entrance on 49th), New York, NY 10019, United States. Speakers: Antti Petajisto, Portfolio Manager, Scientific Active Equities.

Blackrock Announces Executive Changes

BlackRock announced that Simona Paravani-Mellinghoff has joined the company to take over the EMEA fiduciary management business. She replaces Richard Urwin after the investment veteran announced his retirement from the company. Paravani-Mellinghoff joins from HSBC, where she worked for 10 years in CIO and investment strategy roles. Urwin, who was with BlackRock for nine years, is set to take some time away from the investment industry and look for a new challenge.

 

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Industry Analysis

BLK*

Industry Average

Valuation BLK* Industry Range
Price/Earnings 18.8x
Price/Sales 5.6x
Price/Book 2.3x
Price/Cash Flow 17.4x
TEV/Sales NM Not Meaningful
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