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 was unchanged today. By the end of trading, BlackRock fell $1.10 (-0.6%) to $175.05 on light volume. Throughout the day, 883,128 shares of BlackRock exchanged hands as compared to its average daily volume of 1.4 million shares. The stock ranged in price between $171.74-$176 after having opened the day at $173.28 as compared to the previous trading day's close of $176.15. Other company's within the Financial sector that declined today were: Guaranty Federal ( GFED), down 20.5%, Credit Suisse ( DGAZ), down 17.1%, Monarch Community Bancorp ( MCBF), down 15.8%, and Severn Bancorp ( SVBI), down 14.5%.

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 $31.56 billion and is part of the financial services industry. The company has a P/E ratio of 13.9, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 1.7% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate BlackRock a buy, one analyst rates it a sell, and four 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, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front, Village Bank and Trust Financial Corporatio ( VBFC), up 19.3%, Central Federal ( CFBK), up 17%, Ampal-American Israel Corporation ( AMPL), up 16.4%, and Broadway Financial ( BYFC), up 15.7%, were all gainers within the financial sector with Credit Suisse Group ( CS) 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).

null

More from Markets

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%