Baker Avenue Asset Management LP Boosted Stake in Disney Walt Co Com Disney (DIS) by $470,400; Bluemar Capital Management Has Cut Stake in Blackrock (BLK) by $1.50 Million

February 21, 2018 - By Clifton Ray

David Rodriguez decreased its stake in Blackrock Inc (BLK) by 29.16% based on its latest 2017Q3 regulatory filing with the SEC. Bluemar Capital Management Llc sold 3,351 shares as the company’s stock rose 1.17% with the market. The hedge fund run by David Rodriguez held 8,139 shares of the finance company at the end of 2017Q3, valued at $3.64 million, down from 11,490 at the end of the previous reported quarter. Bluemar Capital Management Llc who had been investing in Blackrock Inc for a number of months, seems to be less bullish one the $89.07 billion market cap company. The stock increased 1.70% or $9.23 during the last trading session, reaching $551.83. About 251,743 shares traded. BlackRock, Inc. (NYSE:BLK) has risen 12.19% since February 21, 2017 and is uptrending. It has underperformed by 4.51% the S&P500.

Baker Avenue Asset Management Lp increased its stake in Disney Walt Co Com Disney (DIS) by 11.67% based on its latest 2017Q3 regulatory filing with the SEC. Baker Avenue Asset Management Lp bought 4,800 shares as the company’s stock declined 2.31% while stock markets rallied. The institutional investor held 45,923 shares of the television services company at the end of 2017Q3, valued at $4.53 million, up from 41,123 at the end of the previous reported quarter. Baker Avenue Asset Management Lp who had been investing in Disney Walt Co Com Disney for a number of months, seems to be bullish on the $159.93 billion market cap company. The stock increased 0.36% or $0.38 during the last trading session, reaching $106.36. About 3.68M shares traded. The Walt Disney Company (NYSE:DIS) has risen 9.26% since February 21, 2017 and is uptrending. It has underperformed by 7.44% the S&P500.

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.20, from 1.09 in 2017Q2. It is negative, as 90 investors sold DIS shares while 649 reduced holdings. 95 funds opened positions while 563 raised stakes. 898.84 million shares or 2.35% less from 920.44 million shares in 2017Q2 were reported. Oppenheimer Incorporated holds 156,424 shares or 0.41% of its portfolio. Regent Invest Limited Co reported 13,355 shares or 0.44% of all its holdings. Schroder Grp invested 0.32% of its portfolio in The Walt Disney Company (NYSE:DIS). Mcf Ltd has 0.1% invested in The Walt Disney Company (NYSE:DIS). Adirondack Company holds 1.05% of its portfolio in The Walt Disney Company (NYSE:DIS) for 13,575 shares. Signaturefd Ltd Liability has 0.11% invested in The Walt Disney Company (NYSE:DIS) for 8,704 shares. Golub Group Inc Limited Liability owns 2,599 shares for 0.02% of their portfolio. Badgley Phelps & Bell reported 63,426 shares. Culbertson A N & Co Inc stated it has 0.77% in The Walt Disney Company (NYSE:DIS). Raymond James Fincl Services Advsrs Inc reported 0.27% of its portfolio in The Walt Disney Company (NYSE:DIS). Monetary Grp Incorporated owns 19,255 shares. Teacher Retirement System Of Texas reported 0.51% in The Walt Disney Company (NYSE:DIS). Advisory Ser Network Limited Liability Corp reported 0.25% of its portfolio in The Walt Disney Company (NYSE:DIS). Fiduciary Financial Of The Southwest Tx holds 23,435 shares. Private Co Na, a Ohio-based fund reported 28,493 shares.

Among 39 analysts covering The Walt Disney Company (NYSE:DIS), 23 have Buy rating, 3 Sell and 13 Hold. Therefore 59% are positive. The Walt Disney Company had 152 analyst reports since July 24, 2015 according to SRatingsIntel. BMO Capital Markets maintained the shares of DIS in report on Monday, October 16 with “Sell” rating. The stock of The Walt Disney Company (NYSE:DIS) earned “Hold” rating by Needham on Wednesday, August 9. The firm earned “Hold” rating on Wednesday, August 16 by Loop Capital. BMO Capital Markets maintained it with “Underperform” rating and $95 target in Thursday, February 8 report. The rating was maintained by Piper Jaffray on Friday, December 15 with “Buy”. The stock has “Hold” rating by Deutsche Bank on Thursday, February 18. The stock has “Sell” rating by BMO Capital Markets on Thursday, July 13. The stock of The Walt Disney Company (NYSE:DIS) has “Hold” rating given on Friday, June 23 by Bank of America. Cowen & Co maintained the stock with “Hold” rating in Thursday, September 14 report. As per Thursday, January 14, the company rating was initiated by Drexel Hamilton.

Baker Avenue Asset Management Lp, which manages about $1.13 billion and $888.02M US Long portfolio, decreased its stake in Red Hat Inc Com (NYSE:RHT) by 4,422 shares to 19,383 shares, valued at $2.15 million in 2017Q3, according to the filing. It also reduced its holding in Alibaba Group Hldg Ltd Sponsored Ads (NYSE:BABA) by 3,716 shares in the quarter, leaving it with 14,198 shares, and cut its stake in Chevron Corp New Com (NYSE:CVX).

Investors sentiment increased to 1.38 in 2017 Q3. Its up 0.10, from 1.28 in 2017Q2. It increased, as 27 investors sold BLK shares while 287 reduced holdings. 103 funds opened positions while 331 raised stakes. 130.57 million shares or 0.55% more from 129.86 million shares in 2017Q2 were reported. Ibm Retirement Fund accumulated 3,086 shares or 0.28% of the stock. Buckingham Asset Management Lc has invested 0.24% in BlackRock, Inc. (NYSE:BLK). Hallmark Mgmt Inc owns 2.19% invested in BlackRock, Inc. (NYSE:BLK) for 38,978 shares. Campbell Newman Asset Mgmt owns 37,549 shares. Berkshire Asset Mgmt Limited Liability Corporation Pa owns 676 shares for 0.03% of their portfolio. Charter Trust accumulated 0.24% or 4,392 shares. Daniel Devine & Co holds 3,460 shares. Bnp Paribas Asset Management Sa holds 18,984 shares. Peoples Fincl Service Corp reported 500 shares. Parsec Fincl Management holds 2.4% in BlackRock, Inc. (NYSE:BLK) or 74,165 shares. Invesco stated it has 278,653 shares or 0.05% of all its holdings. Davis Cap Partners Lc invested 10.84% in BlackRock, Inc. (NYSE:BLK). Wade G W & Inc has invested 0.04% in BlackRock, Inc. (NYSE:BLK). Putnam Ltd holds 0.25% of its portfolio in BlackRock, Inc. (NYSE:BLK) for 237,389 shares. Blue Chip invested in 2.08% or 14,463 shares.

Among 18 analysts covering BlackRock (NYSE:BLK), 12 have Buy rating, 0 Sell and 6 Hold. Therefore 67% are positive. BlackRock had 82 analyst reports since August 26, 2015 according to SRatingsIntel. The stock of BlackRock, Inc. (NYSE:BLK) has “Neutral” rating given on Thursday, September 3 by Susquehanna. Deutsche Bank maintained the shares of BLK in report on Thursday, March 17 with “Buy” rating. JP Morgan maintained BlackRock, Inc. (NYSE:BLK) on Thursday, October 12 with “Overweight” rating. Keefe Bruyette & Woods maintained BlackRock, Inc. (NYSE:BLK) rating on Sunday, August 13. Keefe Bruyette & Woods has “Hold” rating and $44000 target. The stock of BlackRock, Inc. (NYSE:BLK) earned “Buy” rating by Deutsche Bank on Wednesday, October 5. The stock of BlackRock, Inc. (NYSE:BLK) earned “Buy” rating by Goldman Sachs on Thursday, September 28. The firm has “Buy” rating given on Friday, August 5 by Deutsche Bank. The rating was upgraded by Credit Suisse to “Outperform” on Thursday, September 10. Wood maintained the stock with “Market Perform” rating in Friday, October 14 report. Barclays Capital maintained BlackRock, Inc. (NYSE:BLK) rating on Wednesday, August 26. Barclays Capital has “Equal-Weight” rating and $337 target.

Analysts await BlackRock, Inc. (NYSE:BLK) to report earnings on April, 18. They expect $6.47 earnings per share, up 23.24% or $1.22 from last year’s $5.25 per share. BLK’s profit will be $1.04B for 21.32 P/E if the $6.47 EPS becomes a reality. After $6.24 actual earnings per share reported by BlackRock, Inc. for the previous quarter, Wall Street now forecasts 3.69% EPS growth.

Bluemar Capital Management Llc, which manages about $314.00M and $199.59 million US Long portfolio, upped its stake in Mgm Growth Pptys Llc by 71,726 shares to 208,287 shares, valued at $6.29M in 2017Q3, according to the filing. It also increased its holding in Appian Corp by 11,350 shares in the quarter, for a total of 36,350 shares, and has risen its stake in Citizens Finl Group Inc (NYSE:CFG).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.