PM Images Chances are, if you are a younger investor, instead of buying high-yielding stocks, you prefer either lower-yielding stocks or non-dividend-paying stocks altogether to capture the full benefit of compounding, particularly with a long-term mindset in place. I find myself in a similar situation, with over 30 years before my planned retirement, allocating my capital to blue-chip companies with strong balance sheets, superior profitability, and non-cyclical business models. While I am a major fan of q ...

Shares of BlackRock (BLK) , a well-known global asset manager, are trading just 2.5% off its 52-week high of $885.10 hit on Jul 31.Yet, the BLK stock’s performance has not been impressive this year. The stock has gained only 6.3% compared with the industry and the S&P 500 Index rally of 11.7% and 17.9%, respectively. On the other hand, it has outperformed its peers – T. Rowe Price Group, Inc. (TROW) and Invesco (IVZ) – in the same timeframe.Year-to-Date Price Performance Image Source: Zacks Investment Resea ...

TORONTO, Aug. 20, 2024 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the August 2024 cash distributions for the iShares ETFs listed on the TSX or Cboe Canada which pay on a monthly basis as well as XIU. Unitholders of record of a fund on August 27, 2024 will receive cash distributions payable in respect of that fund on August 30, 2024. Details regarding the “per unit” distribution amoun ...

The latest trading session saw BlackRock (BLK) ending at $870.21, denoting a -0.26% adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 0.97%. Elsewhere, the Dow gained 0.58%, while the tech-heavy Nasdaq added 1.39%.Heading into today, shares of the investment firm had gained 5.03% over the past month, outpacing the Finance sector's loss of 0.47% and the S&P 500's loss of 1.85% in that time.Analysts and investors alike will be keeping a close eye on the perform ...

hapabapa Overview The last time I covered BlackRock TCP Capital (NASDAQ:TCPC), I issued a hold rating because I was uncertain of the portfolio strength in an elevated interest rate environment. Since my prior coverage over a quarter ago, TCPC has deteriorated in price by nearly 14% while the S&P 500 increased by 7%. If we do a quick comparison on a YTD basis, we can see that TCPC's total return has been negative 16.5%. This significantly underperforms VanEck's BDC Income ETF (BIZD). TCPC recently releas ...

Several large, well-known fund management companies bought shares of Trump Media & Technology Group DJT in the second quarter, which comes after the Trump co-founded company made its highly anticipated debut in March.What Happened: New 13F disclosures for the second quarter show purchases of Trump Media stock; shares have declined about 40% in recent weeks, but has been up over 43% in the past 12 months.These hedge funds added to their positions in Trump Media & Technology Group Corp. as follows in the seco ...

BlackRock’s (BLK) efforts to restructure the equity business, along with its robust assets under management (AUM) balance, will likely keep aiding the top line. Given its earnings strength and solid liquidity position, the company is expected to sustain efficient capital distributions in the future, thus enhancing shareholder value.The Zacks Consensus Estimate for BLK’s current-year earnings has been revised upward over the past 30 days. This reflects that analysts are optimistic regarding its earnings grow ...

A month has gone by since the last earnings report for BlackRock (BLK) . Shares have added about 1.3% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is BlackRock due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. BlackRock Q2 Earnings Top Estimates as AUM Hits $1.65TBlac ...

The recent stock market crash impacted even experts from large financial institutions which were made to rethink their holdings, such as BlackRock (NYSE: BLK) and its CEO Larry Fink.Namely, on August 6, Fink sold 148,450 BLK shares in eleven separate transactions at an average price of $845 per share for a total profit of $24,833,598.Fink’s sales of BLK stock on August 6. Source: SEC Fink was one of the most active insider traders of BLK stockIn his previous two trades, which were conducted on May 20 and Fe ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from to . Commission file number 001-33099 BlackRock, Inc. (Exact name of registrant as specified in its charter) Delaware 32-0174431 (State or Other Jurisdiction ...