C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Raises Stake in BlackRock $BLK

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its stake in shares of BlackRock (NYSE:BLK) by 285.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,091 shares of the asset manager’s stock after buying an additional 808 shares during the quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in BlackRock were worth $1,167,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. Brighton Jones LLC grew its position in shares of BlackRock by 23.1% during the 4th quarter. Brighton Jones LLC now owns 1,575 shares of the asset manager’s stock valued at $1,615,000 after acquiring an additional 296 shares during the period. Bison Wealth LLC raised its holdings in shares of BlackRock by 1.6% in the 4th quarter. Bison Wealth LLC now owns 1,052 shares of the asset manager’s stock worth $1,078,000 after purchasing an additional 17 shares during the period. Schnieders Capital Management LLC. purchased a new position in BlackRock in the second quarter valued at approximately $259,000. Edgestream Partners L.P. lifted its stake in BlackRock by 309.3% in the second quarter. Edgestream Partners L.P. now owns 925 shares of the asset manager’s stock valued at $971,000 after purchasing an additional 699 shares during the last quarter. Finally, CW Advisors LLC grew its holdings in BlackRock by 59.5% during the second quarter. CW Advisors LLC now owns 4,701 shares of the asset manager’s stock valued at $4,934,000 after purchasing an additional 1,754 shares during the period. Institutional investors own 80.69% of the company’s stock.

BlackRock Price Performance

Shares of NYSE BLK opened at $967.39 on Friday. The stock has a market cap of $150.47 billion, a PE ratio of 27.31, a price-to-earnings-growth ratio of 1.24 and a beta of 1.48. BlackRock has a fifty-two week low of $773.74 and a fifty-two week high of $1,219.94. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.98 and a current ratio of 2.98. The stock has a fifty day moving average of $1,029.49 and a 200-day moving average of $1,076.34.

BlackRock (NYSE:BLK) last issued its quarterly earnings data on Thursday, January 15th. The asset manager reported $13.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $12.55 by $0.61. BlackRock had a return on equity of 14.78% and a net margin of 22.93%.The business had revenue of $7.01 billion for the quarter, compared to analysts’ expectations of $6.80 billion. During the same quarter in the prior year, the firm posted $11.93 EPS. The firm’s quarterly revenue was up 23.4% on a year-over-year basis. Equities research analysts anticipate that BlackRock will post 47.41 earnings per share for the current year.

BlackRock Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Friday, March 6th were issued a $5.73 dividend. The ex-dividend date of this dividend was Friday, March 6th. This is a positive change from BlackRock’s previous quarterly dividend of $5.21. This represents a $22.92 dividend on an annualized basis and a dividend yield of 2.4%. BlackRock’s payout ratio is currently 64.71%.

Insider Activity

In other BlackRock news, CFO Martin Small sold 27,047 shares of the stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $1,171.14, for a total value of $31,675,823.58. Following the sale, the chief financial officer directly owned 10,557 shares in the company, valued at $12,363,724.98. This represents a 71.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director J. Richard Kushel sold 385 shares of the firm’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $1,084.91, for a total transaction of $417,690.35. Following the completion of the transaction, the director directly owned 3,335 shares of the company’s stock, valued at approximately $3,618,174.85. The trade was a 10.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 111,319 shares of company stock valued at $123,999,249. Corporate insiders own 1.98% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on the company. The Goldman Sachs Group restated a “buy” rating and issued a $1,313.00 target price on shares of BlackRock in a research note on Tuesday, December 9th. BNP Paribas Exane increased their price target on BlackRock from $1,290.00 to $1,300.00 and gave the stock an “outperform” rating in a research note on Thursday, January 15th. Morgan Stanley decreased their price objective on BlackRock from $1,550.00 to $1,368.00 and set an “overweight” rating for the company in a report on Wednesday. Keefe, Bruyette & Woods downgraded shares of BlackRock from a “moderate buy” rating to a “moderate sell” rating in a report on Tuesday, March 3rd. Finally, Freedom Capital upgraded shares of BlackRock from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 23rd. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,298.78.

More BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock’s spot Bitcoin ETF (IBIT) has seen a surge in trading volume, reportedly doubling Coinbase’s volume and making IBIT competitive with major crypto venues — this boosts fee and distribution momentum for BlackRock’s ETF business and signals strong retail/institutional demand. BlackRock’s Bitcoin ETF (IBIT) Doubles the Trading Volume of Coinbase to Now Rival Binance
• Positive Sentiment: BlackRock expanded and extended its revolving credit facility (seventeenth amendment), improving liquidity and reducing near‑term refinancing risk for the firm and its subsidiaries — a balance‑sheet positive that can reassure credit markets. BlackRock Expands and Extends Revolving Credit Facility
• Neutral Sentiment: BlackRock is reallocating capital across themes — increasing exposure to quantum computing (IQM) while adding bearish positions on German government bonds — signaling active tactical positioning that could pay off or hurt near term depending on macro moves. BlackRock Balances Quantum Computing Bet With Bearish German Bond Views
• Neutral Sentiment: BlackRock’s Tactical Opportunities fund has expanded short positions in German bunds (expects yields to rise above 3.13%), a portfolio hedge that reflects Europe inflation worries but is a tactical stance rather than a structural problem. BlackRock Fund Expands Shorts, Sees German Yields Above 3.13%
• Negative Sentiment: Regulatory and litigation risk: Pomerantz LLP has opened an investigation and there are public investor alerts after BlackRock limited withdrawals from its HPS Corporate Lending private credit fund when redemptions exceeded a 5% liquidity threshold — this raises governance, disclosure and legal risk for BlackRock’s fast‑growing alternatives business. BlackRock Liquidity Probe in Private Credit Might Change The Case For Investing In BlackRock (BLK)
• Negative Sentiment: Analyst/market pressure: Morgan Stanley has lowered its expectations for BLK, and other pieces highlight intensifying regulatory scrutiny and governance questions around private credit and ETF communications — factors that could weigh on the stock if litigation or regulatory action escalates. Morgan Stanley Has Lowered Expectations for BlackRock (NYSE:BLK) Stock Price
• Negative Sentiment: Sector stress: large private‑credit firms (e.g., Blue Owl) have limited redemptions after heavy outflows, underscoring systemic liquidity risk in the private credit space that could amplify reputational and redemption risks for BlackRock’s alternatives platform. Blue Owl Limits Redemptions on Private Credit Funds After Massive Exit Requests

About BlackRock

BlackRock, Inc is a global investment management firm that provides a broad range of products and services to institutional, intermediary and individual investors. Its core activities include portfolio management across active and index strategies, exchange-traded funds (ETFs) under the iShares brand, fixed income, equity and multi-asset solutions, as well as alternatives such as private equity, real estate and infrastructure. The firm also offers cash management and liquidity solutions and retirement-focused products designed for defined contribution and defined benefit investors.

In addition to traditional investment management, BlackRock is known for its technology and risk management capabilities, most prominently its Aladdin platform, which combines portfolio management, trading and risk analytics and is used both internally and licensed to external clients.