Piper Jaffray Companies (PJC) Reaches $78.95 After 3.00% Down Move; University Of Notre Dame Du Lac Has Increased Its Blackrock (BLK) Position

April 8, 2018 - By Marguerite Chambers

BlackRock, Inc. (NYSE:BLK) Logo

University Of Notre Dame Du Lac increased Blackrock Inc (BLK) stake by 36.73% reported in 2017Q4 SEC filing. University Of Notre Dame Du Lac acquired 4,082 shares as Blackrock Inc (BLK)’s stock rose 3.90%. The University Of Notre Dame Du Lac holds 15,195 shares with $7.81 million value, up from 11,113 last quarter. Blackrock Inc now has $84.12 billion valuation. The stock decreased 3.43% or $18.48 during the last trading session, reaching $519.92. About 518,536 shares traded. BlackRock, Inc. (NYSE:BLK) has risen 41.90% since April 8, 2017 and is uptrending. It has outperformed by 30.35% the S&P500.

The stock of Piper Jaffray Companies (NYSE:PJC) is a huge mover today! The stock decreased 7.23% or $6.15 during the last trading session, reaching $78.95. About 275,951 shares traded or 130.09% up from the average. Piper Jaffray Companies (NYSE:PJC) has risen 30.55% since April 8, 2017 and is uptrending. It has outperformed by 19.00% the S&P500.The move comes after 5 months negative chart setup for the $1.20 billion company. It was reported on Apr, 8 by Barchart.com. We have $76.58 PT which if reached, will make NYSE:PJC worth $36.00M less.

Investors sentiment decreased to 1.19 in 2017 Q4. Its down 0.19, from 1.38 in 2017Q3. It fall, as 42 investors sold BLK shares while 325 reduced holdings. 122 funds opened positions while 313 raised stakes. 129.61 million shares or 0.73% less from 130.57 million shares in 2017Q3 were reported. Field And Main National Bank & Trust has 102 shares for 0.05% of their portfolio. The New York-based Loeb Partners has invested 0.23% in BlackRock, Inc. (NYSE:BLK). Bourgeon Capital Mgmt Ltd Limited Liability Company owns 7,716 shares for 2.17% of their portfolio. Raymond James & Assoc owns 0.13% invested in BlackRock, Inc. (NYSE:BLK) for 136,252 shares. First Allied Advisory Serv Inc owns 6,953 shares. Estabrook Mgmt owns 190 shares. New Mexico Educational Retirement Board holds 11,939 shares or 0.23% of its portfolio. Stratos Wealth owns 0.03% invested in BlackRock, Inc. (NYSE:BLK) for 1,384 shares. Missouri-based Moneta Grp Investment Limited Liability Com has invested 0% in BlackRock, Inc. (NYSE:BLK). Cullen Frost Bankers has 0.93% invested in BlackRock, Inc. (NYSE:BLK). Confluence Wealth Ltd Com owns 1,681 shares for 0.41% of their portfolio. Williams Jones Assoc Ltd Llc invested in 0.01% or 1,183 shares. Gw Henssler Assoc Limited holds 0.76% or 15,747 shares in its portfolio. Pennsylvania-based Blb&B Advsr Ltd Liability has invested 0.07% in BlackRock, Inc. (NYSE:BLK). Quantum Capital Management has 0.45% invested in BlackRock, Inc. (NYSE:BLK) for 3,647 shares.

Among 18 analysts covering BlackRock (NYSE:BLK), 12 have Buy rating, 0 Sell and 6 Hold. Therefore 67% are positive. BlackRock had 84 analyst reports since August 26, 2015 according to SRatingsIntel. As per Thursday, April 14, the company rating was maintained by Citigroup. The rating was maintained by Morgan Stanley with “Overweight” on Thursday, October 5. The stock of BlackRock, Inc. (NYSE:BLK) earned “Buy” rating by Deutsche Bank on Friday, September 9. The stock has “Buy” rating by Deutsche Bank on Monday, January 15. The stock has “Equal-Weight” rating by Barclays Capital on Tuesday, August 9. Goldman Sachs upgraded the shares of BLK in report on Thursday, September 28 to “Buy” rating. Wells Fargo maintained it with “Hold” rating and $555.0 target in Tuesday, January 16 report. The firm has “Buy” rating by Argus Research given on Thursday, October 15. On Thursday, September 10 the stock rating was upgraded by Credit Suisse to “Outperform”. The firm has “Buy” rating given on Monday, June 19 by Bank of America.

Since February 2, 2018, it had 0 buys, and 2 sales for $5.63 million activity. 10,000 shares were sold by Fairman Francis E IV, worth $961,297 on Friday, February 2. DUFF ANDREW S also sold $4.67 million worth of Piper Jaffray Companies (NYSE:PJC) shares.

Piper Jaffray Companies operates as an investment bank and asset management firm that serves firms, private equity groups, public entities, non-profit entities, and institutional investors in the United States and internationally. The company has market cap of $1.20 billion. The companyÂ’s Capital Markets segment offers investment banking and institutional sales, trading, and research services for various equity and fixed income products. It currently has negative earnings. It raises capital through equity financings; provides advisory services relating to mergers and acquisitions, equity private placements, and debt advisory services for corporate clients; underwrites debt issuances; and offers municipal financial advisory and loan placement services, as well as various over-the-counter derivative products.

Piper Jaffray Companies (NYSE:PJC) Institutional Positions Chart

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