BlackRock Inc (BLK): Today's Featured Financial Loser

BlackRock ( BLK) pushed the Financial sector lower today making it today's featured Financial loser. The sector as a whole closed the day up 0.1%. By the end of trading, BlackRock fell $1.08 (-0.6%) to $190.50 on average volume. Throughout the day, 624,532 shares of BlackRock exchanged hands as compared to its average daily volume of 679,500 shares. The stock ranged in price between $190.32-$193.24 after having opened the day at $191.34 as compared to the previous trading day's close of $191.58. Other company's within the Financial sector that declined today were: OptimumBank Holdings ( OPHC), down 34.8%, Plumas Bancorp ( PLBC), down 13.6%, WSB Holdings ( WSB), down 12.7%, and First Financial Service Corporation ( FFKY), down 11.5%.

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors. BlackRock has a market cap of $26.87 billion and is part of the financial services industry. The company has a P/E ratio of 15.3, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 8% year to date as of the close of trading on Monday. Currently there are eight analysts that rate BlackRock a buy, one analyst rates it a sell, and five rate it a hold.

TheStreet Ratings rates BlackRock as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front, Central Bancorp ( CEBK), up 69.8%, Royal Bancshares of Pennsylvania ( RBPAA), up 23.1%, Carver Bancorp ( CARV), up 21.4%, and Annapolis Bancorp ( ANNB), up 18.4%, were all gainers within the financial sector with Public Storage ( PSA) being today's featured financial sector winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).
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