Alberta Investment Management Corp Makes New $4.55 Million Investment in BlackRock $BLK

robot
Abstract generation in progress

Alberta Investment Management Corp initiated a new position in BlackRock (NYSE: BLK) during the third quarter, acquiring 3,900 shares valued at approximately $4.55 million, contributing to the asset manager’s high institutional ownership. BlackRock recently increased its quarterly dividend to $5.73 per share, yielding about 2.1% annually, and reported strong EPS that beat estimates, though revenue was slightly below expectations. Despite a current “Moderate Buy” consensus from analysts, the company faces potential headline and governance risks due to a Rosen Law Firm investigation and recent insider selling.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)