Investment House Has Decreased By $706,914 Its Blackrock (BLK) Stake; Waddell & Reed Financial Boosted Its Tenaris S A (TS) Stake

May 27, 2018 - By Ash

BlackRock, Inc. (NYSE:BLK) Logo

Waddell & Reed Financial Inc increased Tenaris S A (TS) stake by 62.97% reported in 2017Q4 SEC filing. Waddell & Reed Financial Inc acquired 754,300 shares as Tenaris S A (TS)’s stock rose 7.68%. The Waddell & Reed Financial Inc holds 1.95M shares with $62.20 million value, up from 1.20 million last quarter. Tenaris S A now has $22.16 billion valuation. The stock decreased 2.07% or $0.79 during the last trading session, reaching $37.39. About 2.59 million shares traded or 5.20% up from the average. Tenaris S.A. (NYSE:TS) has risen 6.53% since May 27, 2017 and is uptrending. It has underperformed by 5.02% the S&P500.

Investment House Llc decreased Blackrock Inc (BLK) stake by 49.34% reported in 2017Q4 SEC filing. Investment House Llc sold 1,378 shares as Blackrock Inc (BLK)’s stock rose 3.90%. The Investment House Llc holds 1,415 shares with $727,000 value, down from 2,793 last quarter. Blackrock Inc now has $87.03 billion valuation. The stock decreased 0.23% or $1.22 during the last trading session, reaching $539.61. About 290,043 shares traded. BlackRock, Inc. (NYSE:BLK) has risen 41.90% since May 27, 2017 and is uptrending. It has outperformed by 30.35% the S&P500.

Investors sentiment decreased to 1.19 in Q4 2017. Its down 0.19, from 1.38 in 2017Q3. It fall, as 42 investors sold BLK shares while 325 reduced holdings. 122 funds opened positions while 313 raised stakes. 129.61 million shares or 0.73% less from 130.57 million shares in 2017Q3 were reported. Nomura Asset Mngmt Limited has 0.35% invested in BlackRock, Inc. (NYSE:BLK) for 59,291 shares. The Virginia-based Bb&T Securities Limited has invested 0.14% in BlackRock, Inc. (NYSE:BLK). Groesbeck Mngmt Nj has invested 0.73% in BlackRock, Inc. (NYSE:BLK). Deutsche Natl Bank Ag invested 0.12% in BlackRock, Inc. (NYSE:BLK). Beaumont Financial Prtn Ltd stated it has 421 shares. Park Natl Oh stated it has 0.02% in BlackRock, Inc. (NYSE:BLK). Hennessy Inc holds 2,920 shares. Zacks Invest Mgmt owns 1.47% invested in BlackRock, Inc. (NYSE:BLK) for 131,155 shares. Pioneer Bancshares N A Or owns 10,710 shares. Bridges Inv reported 1.62% of its portfolio in BlackRock, Inc. (NYSE:BLK). Cubist Systematic Strategies Limited Liability Com stated it has 3,918 shares. Charter Trust Company reported 0.26% of its portfolio in BlackRock, Inc. (NYSE:BLK). Willingdon Wealth Management stated it has 1.27% of its portfolio in BlackRock, Inc. (NYSE:BLK). Penobscot Mngmt accumulated 5,695 shares. 478 are held by Pekin Singer Strauss Asset Mngmt Il.

Analysts await BlackRock, Inc. (NYSE:BLK) to report earnings on July, 16. They expect $6.71 earnings per share, up 28.05% or $1.47 from last year’s $5.24 per share. BLK’s profit will be $1.08 billion for 20.10 P/E if the $6.71 EPS becomes a reality. After $6.70 actual earnings per share reported by BlackRock, Inc. for the previous quarter, Wall Street now forecasts 0.15% EPS growth.

Among 18 analysts covering BlackRock (NYSE:BLK), 12 have Buy rating, 0 Sell and 6 Hold. Therefore 67% are positive. BlackRock had 89 analyst reports since August 26, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Tuesday, October 10 by Jefferies. Deutsche Bank maintained it with “Buy” rating and $614 target in Friday, April 6 report. Wood maintained the stock with “Outperform” rating in Thursday, September 3 report. The rating was maintained by JP Morgan on Wednesday, March 14 with “Overweight”. Barclays Capital maintained the stock with “Equal-Weight” rating in Thursday, October 13 report. Jefferies maintained BlackRock, Inc. (NYSE:BLK) rating on Wednesday, April 11. Jefferies has “Hold” rating and $56200 target. Barclays Capital maintained BlackRock, Inc. (NYSE:BLK) on Tuesday, April 5 with “Equal-Weight” rating. The stock of BlackRock, Inc. (NYSE:BLK) earned “Overweight” rating by Barclays Capital on Tuesday, October 10. Deutsche Bank maintained it with “Buy” rating and $369.0 target in Friday, January 8 report. The company was maintained on Thursday, August 17 by Jefferies.

More recent BlackRock, Inc. (NYSE:BLK) news were published by: Seekingalpha.com which released: “BlackRock: Wait For A Better Price” on May 22, 2018. Also Globenewswire.com published the news titled: “BlackRock® Canada Announces May Cash Distributions for the iShares® ETFs” on May 18, 2018. Seekingalpha.com‘s news article titled: “BlackRock partners with ETF investing app Acorns” with publication date: May 09, 2018 was also an interesting one.

Another recent and important Tenaris S.A. (NYSE:TS) news was published by Seekingalpha.com which published an article titled: “Tracking Ole Andreas Halvorsen’s Viking Global Portfolio – Q1 2018 Update” on May 27, 2018.

Among 19 analysts covering Tenaris SA (NYSE:TS), 11 have Buy rating, 1 Sell and 7 Hold. Therefore 58% are positive. Tenaris SA had 47 analyst reports since August 5, 2015 according to SRatingsIntel. Piper Jaffray maintained Tenaris S.A. (NYSE:TS) on Friday, September 22 with “Buy” rating. The firm has “Neutral” rating by Goldman Sachs given on Wednesday, July 20. On Friday, August 4 the stock rating was maintained by Cowen & Co with “Hold”. As per Tuesday, October 11, the company rating was initiated by Berenberg. Piper Jaffray maintained the stock with “Buy” rating in Thursday, February 22 report. The firm has “Buy” rating given on Wednesday, December 20 by Barclays Capital. The rating was maintained by Cowen & Co with “Hold” on Tuesday, May 8. Loop Capital maintained the stock with “Buy” rating in Friday, November 3 report. Howard Weil upgraded the stock to “Focus Stock” rating in Monday, December 14 report. On Wednesday, February 21 the stock rating was maintained by JP Morgan with “Neutral”.

Tenaris S.A. (NYSE:TS) Ratings Chart

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