Washington Trust Company Lowered Its Blackrock (BLK) Holding; Ing Infrastructure Industrials & Materials Fund Has 1.18 Sentiment

June 23, 2018 - By Peter Erickson

BlackRock, Inc. (NYSE:BLK) Logo

Washington Trust Company decreased Blackrock Inc (BLK) stake by 3.32% reported in 2018Q1 SEC filing. Washington Trust Company sold 1,149 shares as Blackrock Inc (BLK)’s stock declined 4.32%. The Washington Trust Company holds 33,488 shares with $18.14M value, down from 34,637 last quarter. Blackrock Inc now has $84.23 billion valuation. The stock decreased 0.43% or $2.24 during the last trading session, reaching $522.74. About 524,851 shares traded. BlackRock, Inc. (NYSE:BLK) has risen 32.79% since June 23, 2017 and is uptrending. It has outperformed by 20.22% the S&P500. Some Historical BLK News: 15/04/2018 – BlackRock co-founder warns on complacency over Chinese tech; 09/05/2018 – Blackrock Advisors Buys New 2.1% Position in Aptiv; 24/05/2018 – BLACKROCK’S MILLER: RATES WILL MOVE `MODESTLY HIGHER’; 16/03/2018 – BlackRock Debt Strategies Fund, Inc. Announces Commencement of Tender Offer; 13/03/2018 – BlackRock’s Deshler to Lead Carleton College’s $800 Million Fund; 04/05/2018 – The buy makes Berkshire the third-largest Apple shareholder, behind Vanguard and BlackRock; 10/05/2018 – BlackRock Latin American Investment Trust Plc: Blocklisting – Interim Review; 06/03/2018 – BLACKROCK, & KYRIBA REPORT A PARTNERSHIP TO HELP OPTIMIZE LIQUI; 27/03/2018 – BlackRock’s Turnhill Says Rates Could Go Above 3% Over Next Two Years (Video); 27/03/2018 – BlackRock Frontiers Investment Trust Plc: Result of General Meeting

Ing Infrastructure Industrials & Materials Fund (IDE) investors sentiment decreased to 1.18 in 2018 Q1. It’s down -0.04, from 1.22 in 2017Q4. The ratio is negative, as 13 active investment managers increased or started new stock positions, while 11 reduced and sold stakes in Ing Infrastructure Industrials & Materials Fund. The active investment managers in our database reported: 2.60 million shares, up from 2.40 million shares in 2017Q4. Also, the number of active investment managers holding Ing Infrastructure Industrials & Materials Fund in top ten stock positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 10 Increased: 7 New Position: 6.

The stock increased 0.52% or $0.08 during the last trading session, reaching $15.59. About 58,617 shares traded. Voya Infrastructure, Industrial (IDE) has risen 1.20% since June 23, 2017 and is uptrending. It has underperformed by 11.37% the S&P500.

Another recent and important Voya Infrastructure, Industrial (NYSE:IDE) news was published by Tucson.com which published an article titled: “Voya Infrastructure, Industrials and Materials Fund Declares Quarterly Distribution” on June 16, 2018.

National Asset Management Inc. holds 0.07% of its portfolio in Voya Infrastructure, Industrial for 31,598 shares. Aviance Capital Partners Llc owns 13,423 shares or 0.06% of their US portfolio. Moreover, Advisors Asset Management Inc. has 0.03% invested in the company for 130,523 shares. The Alabama-based Cornerstone Advisors Inc has invested 0.02% in the stock. Private Advisor Group Llc, a New Jersey-based fund reported 26,011 shares.

Among 18 analysts covering BlackRock (NYSE:BLK), 13 have Buy rating, 0 Sell and 5 Hold. Therefore 72% are positive. BlackRock had 90 analyst reports since August 26, 2015 according to SRatingsIntel. The rating was maintained by Bank of America with “Buy” on Monday, June 19. The stock has “Buy” rating by Deutsche Bank on Monday, January 15. The stock has “Buy” rating by Gabelli on Wednesday, September 16. The firm has “Outperform” rating by Credit Suisse given on Tuesday, April 12. Barclays Capital maintained BlackRock, Inc. (NYSE:BLK) on Thursday, October 13 with “Equal-Weight” rating. The stock of BlackRock, Inc. (NYSE:BLK) has “Buy” rating given on Thursday, October 15 by Deutsche Bank. The stock of BlackRock, Inc. (NYSE:BLK) has “Overweight” rating given on Friday, September 8 by Barclays Capital. The firm has “Outperform” rating given on Thursday, January 21 by RBC Capital Markets. The firm has “Buy” rating given on Thursday, October 12 by UBS. Deutsche Bank maintained the shares of BLK in report on Tuesday, July 18 with “Buy” rating.

Investors sentiment decreased to 0.99 in 2018 Q1. Its down 0.20, from 1.19 in 2017Q4. It turned negative, as 51 investors sold BLK shares while 357 reduced holdings. 99 funds opened positions while 306 raised stakes. 129.75 million shares or 0.11% more from 129.61 million shares in 2017Q4 were reported. Field & Main Bancorp reported 102 shares. 9,018 were accumulated by Stellar Mgmt Lc. Lombard Odier Asset Mgmt (Europe) Limited holds 1,243 shares or 0.05% of its portfolio. Fjarde Ap holds 0.29% of its portfolio in BlackRock, Inc. (NYSE:BLK) for 34,529 shares. West Oak Limited Liability Company reported 15 shares. Cibc Asset Management has 16,239 shares for 0.06% of their portfolio. Stewart Patten Ltd Liability Company accumulated 535 shares. First Merchants Corporation has 0.44% invested in BlackRock, Inc. (NYSE:BLK). Woodmont Invest Counsel Limited Liability Corp owns 1,950 shares or 0.29% of their US portfolio. Quinn Opportunity Prtn Llc invested in 1,000 shares or 0.07% of the stock. State Teachers Retirement System has 0.26% invested in BlackRock, Inc. (NYSE:BLK) for 196,795 shares. Washington State Bank owns 196 shares for 0.02% of their portfolio. Tru Department Mb Natl Bank N A holds 21,913 shares or 1.36% of its portfolio. Todd Asset Ltd Llc holds 0.84% of its portfolio in BlackRock, Inc. (NYSE:BLK) for 56,038 shares. Engineers Gate Manager LP owns 0.3% invested in BlackRock, Inc. (NYSE:BLK) for 8,395 shares.

More notable recent BlackRock, Inc. (NYSE:BLK) news were published by: Seekingalpha.com which released: “BlackRock closing 16 US iShares ETFs in August” on June 19, 2018, also Seekingalpha.com with their article: “Recent Purchase: BlackRock” published on June 18, 2018, Seekingalpha.com published: “ETF price wars: BlackRock slashes more fees” on June 05, 2018. More interesting news about BlackRock, Inc. (NYSE:BLK) were released by: 247Wallst.com and their article: “Top Analyst Upgrades and Downgrades: BlackRock, Chevron, Disney, Intel, Kinder Morgan, Zillow and More” published on June 18, 2018 as well as Investorplace.com‘s news article titled: “7 Founder-Led Companies to Own Forever” with publication date: June 20, 2018.

Analysts await BlackRock, Inc. (NYSE:BLK) to report earnings on July, 16. They expect $6.71 EPS, up 28.05% or $1.47 from last year’s $5.24 per share. BLK’s profit will be $1.08 billion for 19.48 P/E if the $6.71 EPS becomes a reality. After $6.70 actual EPS reported by BlackRock, Inc. for the previous quarter, Wall Street now forecasts 0.15% EPS growth.

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