C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Has $1.17 Million Holdings in BlackRock $BLK

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its position in BlackRock (NYSE:BLK) by 285.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,091 shares of the asset manager’s stock after acquiring an additional 808 shares during the period. 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.

A number of other hedge funds and other institutional investors have also bought and sold shares of BLK. FAS Wealth Partners Inc. boosted its stake in shares of BlackRock by 1.1% during the second quarter. FAS Wealth Partners Inc. now owns 817 shares of the asset manager’s stock valued at $857,000 after purchasing an additional 9 shares in the last quarter. First Financial Bank Trust Division boosted its position in BlackRock by 0.5% during the 3rd quarter. First Financial Bank Trust Division now owns 1,794 shares of the asset manager’s stock worth $2,092,000 after buying an additional 9 shares during the period. HM Payson & Co. grew its holdings in BlackRock by 0.6% during the 3rd quarter. HM Payson & Co. now owns 1,444 shares of the asset manager’s stock worth $1,683,000 after acquiring an additional 9 shares during the last quarter. PUREfi Wealth LLC grew its holdings in BlackRock by 2.0% during the 3rd quarter. PUREfi Wealth LLC now owns 460 shares of the asset manager’s stock worth $536,000 after acquiring an additional 9 shares during the last quarter. Finally, Shum Financial Group Inc. increased its position in BlackRock by 0.4% in the 4th quarter. Shum Financial Group Inc. now owns 2,183 shares of the asset manager’s stock valued at $2,336,000 after acquiring an additional 9 shares during the period. Institutional investors own 80.69% of the company’s stock.

Key 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

BlackRock Trading Up 0.1%

NYSE BLK opened at $967.39 on Friday. The company has a current ratio of 2.98, a quick ratio of 2.98 and a debt-to-equity ratio of 0.37. The business has a fifty day simple moving average of $1,029.49 and a 200 day simple moving average of $1,076.34. BlackRock has a 12 month low of $773.74 and a 12 month high of $1,219.94. The firm has a market capitalization of $150.47 billion, a P/E ratio of 27.31, a PEG ratio of 1.24 and a beta of 1.48.

BlackRock (NYSE:BLK) last posted 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. The firm had revenue of $7.01 billion for the quarter, compared to the consensus estimate of $6.80 billion. BlackRock had a net margin of 22.93% and a return on equity of 14.78%. The business’s revenue for the quarter was up 23.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $11.93 EPS. On average, analysts predict that BlackRock will post 47.41 EPS for the current fiscal year.

BlackRock Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Friday, March 6th were issued a dividend of $5.73 per share. This represents a $22.92 annualized dividend and a yield of 2.4%. This is a boost from BlackRock’s previous quarterly dividend of $5.21. The ex-dividend date was Friday, March 6th. BlackRock’s dividend payout ratio is presently 64.71%.

Insider Activity

In other news, Director J. Richard Kushel sold 385 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $1,084.91, for a total value of $417,690.35. Following the transaction, the director owned 3,335 shares in the company, valued at $3,618,174.85. The trade was a 10.35% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Martin Small sold 27,047 shares of the company’s 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 completion of the transaction, the chief financial officer directly owned 10,557 shares of the company’s stock, valued at approximately $12,363,724.98. This represents a 71.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 111,319 shares of company stock valued at $123,999,249. 1.98% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms have commented on BLK. Bank of America upped their price target on BlackRock from $1,456.00 to $1,464.00 in a research report on Wednesday, December 10th. Barclays upped their price target on BlackRock from $1,300.00 to $1,350.00 and gave the stock an “overweight” rating in a research note on Friday, January 16th. BNP Paribas Exane boosted their price objective on BlackRock from $1,290.00 to $1,300.00 and gave the company an “outperform” rating in a report on Thursday, January 15th. TD Cowen cut BlackRock from a “buy” rating to a “hold” rating in a report on Wednesday, January 14th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of BlackRock from $1,296.00 to $1,380.00 in a report on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, BlackRock has a consensus rating of “Moderate Buy” and an average price target of $1,298.78.

BlackRock Company Profile

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.