georgeclerk QOE Capital - Co-Authored by Analyst Antonio Mello Investment Thesis BlackRock (NYSE:BLK) is one of the world's preeminent asset management firms, premier provider of investment management, and leading providers of investment, advisory and risk management solutions. BlackRock seems poised to continue scaling its Assets Under Management, which ultimately drives large revenue growth for the firm. Additionally, its AUM allows for guaranteed revenue through its fixed management fees from its sti ...

BlackRock, Inc. (BLK) is slated to report second-quarter 2024 results on Jul 15 before the opening bell. Its revenues and earnings are expected to have improved in the quarter on a year-over-year basis.In first-quarter 2024, BLK’s earnings surpassed the Zacks Consensus Estimate. Results benefited from a rise in revenues and higher non-operating income. Further, the assets under management (AUM) balance witnessed improvement owing to net inflows.BlackRock has an impressive earnings surprise history. Its earn ...

文章核心观点 - 公司最近的经营表现良好,资产管理规模和收入利润均有所增长 [4][5][6][7] - 公司通过收购交易来拓展业务,如收购Global Infrastructure Partners和Preqin,以增加在替代资产和技术服务领域的收入占比 [10][11][12][13][14][15] - 公司的估值水平较高,未来增长空间有限,不太吸引长期投资者 [19][20][21] 公司经营情况总结 - 公司资产管理规模在第二季度达到约10.7万亿美元,较上一季度增长1.9% [7] - 公司第二季度收入预计达到48亿美元,同比增长7.6%,主要得益于基本费用的增长 [8] - 公司第二季度营业利润率预计为42.6%,较上一季度有所提升 [9] - 公司净利润预计与上一季度基本持平,增长乏力 [9] 公司并购交易总结 - 公司以125亿美元收购Global Infrastructure Partners,这是公司10多年来最大规模的收购交易 [12] - 公司以32亿美元收购Preqin,这有助于增强公司在私募市场数据服务领域的竞争力 [13][14] - 这些收购交易一定程度上增加了公司的债务杠杆,但仍维持在可接受的水平 [16][17] 公司资本回报政策总结 - 公司季度股息为5.10美元,年增长率约2.2%,股息收益率约2.5%,回报政策较为温和 [18] - 公司季度股票回购规模约3.75亿美元,年化约15亿美元,占市值比重约1.25%,回购力度也不算太大 [18]

Loading... Loading... Goldman Sachs analyst Alexander Blostein reiterated a Buy rating on BlackRock, Inc. BLK with a price forecast of $929. According to Blostein, BlackRock’s latest acquisition — buying Preqin, a private markets data and solutions provider, for$3.2 billion — will provide a meaningful opportunity for revenue synergies, primarily from increased distribution via BlackRock’s broader network. This transaction, funded with $3 billion of incremental debt, with just $200 million in cash, helps Bla ...

BlackRock (NYSE:BLK) is the world’s largest asset management company, and a big player on Wall Street. This status has brought with it a lot of revenue, a lot of earnings, and a lot of good and bad attention. Even so, BlackRock stock hasn’t exactly “crushed it” in terms of performance. Over the past five years, BlackRock shares have underperformed relative to the broad market, as measured by the S&P 500 index. During this time frame, the S&P 500 has gained by 85.63%, versus gains of 67.76% for BLK. Thus far ...

文章核心观点 - BlackRock以32亿美元收购私募市场数据提供商Preqin [1][3] - Preqin预计2024年将带来2.4亿美元的经常性收入 [4] - 私募市场数据的总可寻址市场估计为80亿美元,到2030年可能达到180亿美元 [2][6] 公司层面 - BlackRock通过收购Preqin来增强其Aladdin金融科技平台,获得私募市场数据和研究工具 [4] - Preqin创始人Mark O'Hare将加入BlackRock担任副主席 [6] - BlackRock表示这笔交易预计将在今年年底前完成 [4] - BlackRock的资产管理规模已超过10万亿美元 [5] 行业层面 - 私募市场数据行业正以12%的年增长率快速发展 [6] - BlackRock认为这个行业的总可寻址市场规模很大,未来增长潜力巨大 [2][6]

文章核心观点 - 黑石集团(BLK)宣布以约32亿美元收购私募市场数据提供商Preqin [1][2][3] - 此次收购旨在增强黑石在私募市场的能力,整合投资、技术和数据,为客户提供更全面的解决方案 [2][3][4] - 通过整合Preqin的数据和研究工具与黑石的Aladdin平台,将创造出无与伦比的私募市场技术和数据提供商 [2][3][4] - 此举有助于缩小公开市场和私募市场之间的透明度差距,提升客户的投资决策能力 [3][8][9] 根据相关目录分别进行总结 收购背景和目标 - 此次收购是黑石Aladdin业务战略性拓展至快速增长的私募市场数据领域 [4][5] - 私募市场包括私募股权、房地产、基础设施和对冲基金,预计到2030年将达到18万亿美元的总市场规模 [5][8][9] - 通过收购Preqin,黑石旨在释放巨大的增长潜力,为客户提供无与伦比的数据和分析解决方案 [5][9] Preqin的客户群和收入情况 - Preqin拥有4000多家普通合伙人、有限合伙人和服务提供商的客户关系,将大幅提升黑石的市场覆盖面和客户粘性 [6] - Preqin预计在2024年将产生约2.4亿美元的高度经常性收入,过去三年年增长率约20% [7] 收购对黑石的影响 - 收购Preqin将显著提升黑石的财务表现,高度经常性的收入将带来稳定和不断增长的收益流,提升整体盈利能力 [10][11] - 扩大的客户群和增强的技术能力将使黑石在私募市场数据领域处于领先地位,推动长期增长和股东价值 [11] - 该交易预计在2024年略微摊薄黑石的调整后收益和营业利润率,但预计协同效应带来的价值创造将达到近18%的内部收益率,远高于资本成本 [12] 其他金融服务公司的类似动作 - Blue Owl Capital完成收购Prima Capital Advisors,以增强在房地产市场的地位并进一步丰富其平台产品线 [16][17] - Piper Sandler宣布收购Aviditi Advisors,以增强其在私募股权并购和资本市场领域的领导地位 [18][19]

The aerial view reveals the mutual benefits of combining solar energy production and agricultural land use. Farmers can lease their land to solar energy developers, diversifying their income streams while maintaining agricultural activities on the remaining areas. This symbiotic relationship supports sustainable development by reducing greenhouse gas emissions and promoting renewable energy adoption. Google will partner with BlackRock to develop a 1 gigawatt pipeline of new solar capacity in Taiwan, the U.S ...

BlackRock Inc. (BLK) entered into a strategic partnership with GeoWealth, a financial technology firm, to expand its capabilities to cater to the needs of clients in the $37 trillion U.S. wealth market. This move aligns with the company’s growth strategy to boost its offerings. As of Dec 31, 2023, the GeoWealth platform had more than $28 billion of assets across nearly 180,000 accounts and roughly 200 registered investment advisors. Last year, it expanded its third-party model marketplace to include more th ...

TORONTO, June 26, 2024 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited ("BlackRock Canada"), an indirect, wholly-owned subsidiary of BlackRock, Inc. ("BlackRock") (NYSE:BLK) today announced certain risk rating changes and made permanent a previously implemented annual management fee waiver, each as specifically described below. Risk Rating Changes BlackRock Canada announced today an update to the investment risk rating of the iShares exchange-traded funds (the "iShares Funds" and each an "iSha ...