Blackrock Inc.
provides investment management services (fixed income, equity and cash
management) to institutional clients and individual investors worldwide as well
as a family of open-end and closed-end mutual funds and offers risk management,
investment system outsourcing and financial advisory services. The company has grown its earnings per share
between 20-23% over the last five years and raised its dividend per share from
$.40 in 2003 to $6.72 in 2012. In
addition, BLK earned a 8-10% return on
equity. Growth should continue as the
company:
(1) introduces
new financial services, especially ETF’s,
(2) expands
globally,
(3) buys back
stock,
(4) makes
acquisitions.
Negatives:
(1) a large
portion of its fees are performance based,
(2) increasing
operating expenses,
(3) global presence
increases currency and regulatory risks.
Blackrock is
rated A by Value Line, has only 18% debt and its stock currently yields 2.4%.
Statistical Summary
Stock Dividend Payout # Increases
Yield Growth Rate Ratio
Since 2003
Debt/ EPS Down Net Value Line
Equity ROE Since 2003 Margin Rating
*BLK
has paid a dividend for only 9 years
Chart
Note; BLK stock
made good progress off its March 2009 low, quickly surpassing the downtrend off
its September 2008 high (redline) and the November 2008 trading high (green
line). Long term, BLK
is in an uptrend (straight blue
lines). Intermediate term, it is in an
uptrend (purple line). The wiggly blue
line is on balance volume. The
Aggressive Growth Portfolio owns a full position in BLK . The upper boundary of its Buy
Value Range Sell
Half Range
7/13
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