State Street Corp

Most Recent

  • uploads///EU Fund Flows
    Macroeconomic Analysis

    Fund Flows Continue to Rise in the European Union

    Fund flows in European equities (EFA) have expanded at a slower pace since 2011. Overall, they’ve grown at an average of 10% over the past three years.

    By Robert Karr
  • uploads///AUM by product
    Earnings Report

    BlackRock’s Diversified Offerings Can Benefit from Rate Hikes

    In the first quarter, BlackRock managed ~$1.9 trillion in fixed income offerings, up from ~$1.6 trillion in the first quarter of 2017.

    By Robert Karr
  • uploads///Retail
    Macroeconomic Analysis

    BlackRock’s Retail Continues to Attract New Clients across Classes

    BlackRock’s (BLK) retail business had assets under management (or AUM) of $542 billion as of March 31, 2016.

    By Robert Karr
  • uploads/// Year Treasury Bond Issuance versus Bid Cover Ratio
    Fund Managers

    10-Year Treasury Note Market Demand Barely Moved Last Week

    On July 8, ten-year Treasury notes worth $21 billion were auctioned—the same as the previous week.

    By Lynn Noah
  • uploads///Repurchases
    Earnings Report

    BlackRock Increases Dividend on Improved Operating Performance

    BlackRock has historically paid out the major portion of its profits in dividends. It increases its dividend per share in-line with its performance.

    By Robert Karr
  • uploads///AM
    Financials

    How Could a Trade War Impact Asset Managers?

    After Trump announced that Chinese investments in US tech stocks would be restricted, the Dow Jones Industrial Average spiked downward.

    By Raymond Anderson
  • uploads///AUM by product
    Company & Industry Overviews

    Interest Rate Expectations Have Jolted Equity and Debt Alike

    Asset managers (VFH) are seeking stability in order to attract funds toward either equity or debt offerings.

    By Robert Karr
  • uploads///Valuation
    Company & Industry Overviews

    BlackRock’s Valuations following the Decline in Global Equities

    BlackRock (BLK) stock has risen 27.6% over the past six months and 39.0% over the past year.

    By Robert Karr
  • uploads///Rel val
    Company & Industry Overviews

    Can State Street Recover Its Discounted Valuations?

    On a next 12-month basis, State Street Corporation (STT) has a PE (price-to-earnings) ratio of 13.9x. Its competitors’ average is 21.22x.

    By Raymond Anderson
  • uploads///em f
    Company & Industry Overviews

    Emerging Market Equities Saw Outflow in Week Ending August 14

    China’s devaluation of its currency, combined with a steep decline in Russia’s GDP, led investors to withdraw funds from these emerging markets.

    By Robert Karr
  • uploads/// Year Floating Rate Note Issuance Versus Bid Cover Ratio
    Company & Industry Overviews

    Why the Bid-to-Cover Ratio Rose for 2-Year Floating Rate Notes Auction

    The US Treasury introduced two-year floating rate notes (or FRNs) in January 2014.

    By Lynn Noah
  • uploads/// Year Floating Rate Note Issuance Versus Bid Cover Ratio
    Fund Managers

    Market Participants Make a Beeline for 2-Year Floating Rate Notes

    The US Department of the Treasury introduced two-year FRNs (floating rate notes) in January 2014. An FRN is a debt security. Its interest payment varies.

    By Lynn Noah
  • uploads///price to cashflow STT
    Company & Industry Overviews

    State Street: A Look at Total Assets under Management

    State Street Corporation ended fiscal 2017 with total AUM of ~$2.8 trillion, with an equity component of ~$1.7 trillion.

    By Raymond Anderson
  • uploads///relative valuations STT
    Company & Industry Overviews

    Why State Street Has Lower Valuations

    Wall Street analysts have given a one-year price target on State Street of $117.53.

    By Raymond Anderson
  • uploads/// Year Floating Rate Note Issuance Versus Bid Cover Ratio
    Company & Industry Overviews

    Why Overall Demand Tanked for 2-Year Floating-Rate Notes

    Overall, $13 billion worth of floating-rate notes were auctioned, the same as in February’s auction.

    By Lynn Noah
  • uploads///Earnings suprise
    Earnings Report

    BlackRock Misses 1Q16 Estimates on Declining Global Equities

    BlackRock (BLK) reported its 1Q16 earnings on April 14, 2016. The company missed Wall Street analysts’ adjusted EPS estimates of $4.29, posting EPS of $4.25.

    By Robert Karr
  • uploads///jeshoots com LtNvQHdKkmw unsplash
    Financials

    How to Pick Asset Management Stocks to Invest in

    If you’re looking to diversify your portfolio, asset management stocks are worth a look. Here’s how to pick the right asset management stock to invest in.

    By Ben Hartwig
  • uploads/// Year Floating Rate Note Issuance Versus Bid Cover Ratio
    Company & Industry Overviews

    High Discount Margin: Highest Ever for 2-Year Floating Rate Notes

    The US Department of the Treasury introduced two-year FRNs (floating rate notes) in January 2014. An FRN is a debt security. Its interest payment varies.

    By Lynn Noah
  • uploads/// Year Floating Rate Note Issuance Versus Bid Cover Ratio
    Macroeconomic Analysis

    Demand Nose-Dived for Two-Year Floating Rate Notes Auction

    Market demand for two-year floating rate notes in September fell sharply to 24.7% of the accepted competitive bids—its lowest mark ever—compared to 43.6% at August’s auction.

    By Lynn Noah
  • uploads/// types of Asset Managers Saul
    Financials

    Traditional assets: Defining active and passive management

    Active asset management refers to those asset managers that essentially try to outperform the average market return, a benchmark, or a hurdle rate that may have been set internally.

    By Saul Perez
  • Financials

    The big 3 ETF providers in the US—iShares, SPDR, and Vanguard

    In the U.S., Blackrock (BLK), State Street GA (STT), and Vanguard are the top three ETF providers. They have a 40.1%, 22.3%, and 20.7% market share, respectively.

    By Surbhi Jain
  • uploads///seic pbv
    Earnings Report

    How Has SEI Investments Performed Compared to Its Peers?

    SEI Investments has outperformed its peers based on forward PE and PBV.

    By Gabriel Kane
  • uploads///STT
    Company & Industry Overviews

    Understanding State Street’s Investment Management Business

    State Street Corporation’s (STT) investment management business generated revenues of $1.6 billion in 2017, up from $1.3 billion in 2016.

    By Raymond Anderson
  • uploads///analysts
    Company & Industry Overviews

    State Street: What Analysts Have to Say in April 2018

    In April 2018, five analysts suggested a “strong buy” for STT stock, and 11 recommended a “hold” rating.

    By Raymond Anderson
  • uploads///Payout
    Earnings Report

    State Street’s Asset Position: Still a Concern in 1Q16?

    As of the fourth quarter of 2015, State Street (STT) reported average total assets that were 10.6% lower than 4Q14.

    By Robert Karr
  • uploads///Repurchase
    Earnings Report

    BlackRock Rewards with Higher Dividends and Repurchases

    BlackRock has repurchased $1.1 billion worth of its own stock over the past four quarters. In 1Q16, the company’s stock repurchases were worth $300 million.

    By Robert Karr
  • uploads///analysts
    Company & Industry Overviews

    Analyst Ratings on Blackstone Have Stayed Steady

    Asset managers have been negatively affected in 1H 2018 by the unsupportive global environment.

    By Raymond Anderson
  • uploads///Earnings expectation
    Company & Industry Overviews

    Asset Managers to See Growth on Diversified Offerings in 1Q18

    The recent fall in stocks globally is expected to put some pressure on asset managers’ (VFH) operating performances in 1Q18.

    By Robert Karr
  • uploads///FI asset management
    Earnings Report

    BlackRock expected to benefit from fixed income ETFs

    BlackRock benefited the most from the money in motion due to macro factors. Fixed income ETFs in 4Q14 attracted almost half of the total new funds in 2014.

    By Robert Karr
  • uploads///sp valuations
    Macroeconomic Analysis

    Earnings Season Is Expected to Impact US Equity Valuations

    The upcoming earnings season can help you understand whether the markets will see prolonged consolidation or upward movement from existing valuations.

    By Robert Karr
  • uploads///investmnt man
    Earnings Report

    How ETFs Can Impact State Street’s Investment Management Division

    In the first quarter, BlackRock (BLK) saw inflows of $35.0 billion in its ETF offerings.

    By Raymond Anderson
  • uploads///Presence of Asset Managers Saul
    Financials

    The main players in asset management

    The efficient market hypothesis maintains that the market prices everything correctly and so it isn’t possible to outperform the market in the long run.

    By Saul Perez
  • uploads///Total AUM by Type
    Financials

    How big is the asset management industry?

    Audited and verified annual figures at the end of 2013 indicate that total assets under management of US registered investment companies equalled nearly $17.1 trillion.

    By Saul Perez
  • uploads///Part  Institutipnal Investors
    Basic Materials

    Are Institutional Investors Buying or Selling Deere?

    The 13F filings of June 30 indicate that institutional investors own ~67.1% of Deere’s (DE) outstanding shares.

    By Peter Neil
  • uploads///ivz post
    Earnings Report

    Acquisitions Boost Invesco’s Assets under Management

    Invesco (IVZ) reported its second-quarter results today, posting EPS of $0.66.

    By Raymond Anderson
  • uploads///dices over newspaper profit
    Earnings Report

    State Street’s Second-Quarter Earnings and Acquisition Plan

    On July 20, State Street (STT) reported its second-quarter earnings. The company’s EPS was $2.05, which surpassed analysts’ expectations by $0.04.

    By Raymond Anderson
  • uploads///Rel Val
    Earnings Report

    How T. Rowe Price’s Valuation Compares

    T. Rowe Price’s (TROW) NTM (next-12-month) PE ratio is 15.19x, higher than peers’ average of 10.08x.

    By Raymond Anderson
  • uploads///AUM asset cls
    Earnings Report

    What Could Help T. Rowe Price in Q2 2018

    Of T. Rowe Price’s (TROW) total assets under management in the first quarter, $579.3 billion comprised equity, $135.8 billion comprised fixed income and money market assets, and $299.1 billion were multi-asset funds.

    By Raymond Anderson
  • uploads///AUCA
    Earnings Report

    State Street’s Investment Servicing Division: What’s Ahead?

    In the first quarter, State Street’s Investment Servicing division garnered net interest income of $663.0 million for a YoY increase of 30.0%.

    By Raymond Anderson
  • uploads///AMTD
    Company & Industry Overviews

    Tariffs: TD Ameritrade’s Views and the Impact on Asset Managers

    On July 11, JJ Kinahan of TD Ameritrade Holding (AMTD) stated his views on the rising US-China trade tensions.

    By Raymond Anderson
  • uploads///Analyst
    Financials

    How Wall Street Rates BlackRock and Asset Managers

    Analysts gave BlackRock a price target of $613.15 on an NTM basis.

    By Robert Karr
  • uploads///ttoal AUM
    Company & Industry Overviews

    A Look at Invesco’s Total Assets under Management

    At the end of the first quarter, Invesco (IVZ) had total AUM (assets under management) of $934.2 billion.

    By Raymond Anderson
  • uploads///stock _
    Company & Industry Overviews

    What Could Affect Invesco’s Performance in Q2 2018?

    In this series, we’ll study the factors that could drive Invesco’s performance, valuations, and analyst ratings.

    By Raymond Anderson
  • uploads///market cap
    Company & Industry Overviews

    State Street’s Investment Management Division in Q2

    State Street’s (STT) investment management division garners fee revenue from trading services, management and processing fees, and other revenue.

    By Raymond Anderson
  • uploads///EV
    Company & Industry Overviews

    What’s Expected for State Street’s Investment Servicing Business

    In the first quarter, State Street’s (STT) fee revenue made up a significant portion of its investment servicing revenue.

    By Raymond Anderson
  • uploads///money home coin investment
    Company & Industry Overviews

    T. Rowe Price’s Assets under Management Rose in May

    T. Rowe Price released its AUM for May on June 12. The company’s AUM was $1.04 trillion—compared to $1.02 trillion in April.

    By Raymond Anderson
  • uploads///stt
    Company & Industry Overviews

    What’s Impacting State Street?

    A weaker performance in the equity markets in Q1 2018 negatively impacted asset managers’ AUMs (assets under management).

    By Raymond Anderson
  • uploads///TROW
    Earnings Report

    T. Rowe Price Group’s 1Q18 Results Beat Expectations

    T. Rowe Price Group reported earnings today for the quarter that ended in March.

    By Raymond Anderson
  • uploads///Wealth
    Company & Industry Overviews

    Can Bank of America Generate Alpha for Investors in 2018?

    Banks and asset managers (XLF) had a great run in 2017 due to a rise in broad markets, allowing them to generate a higher base and performance fees.

    By Robert Karr
  • uploads///TD to EV
    Earnings Report

    How Invesco’s Assets under Management Are Trending

    As of January 31, 2018, Invesco Limited (IVZ) reported total assets under management (or AUM) of $972.6 billion, a 3.7% rise compared to the total AUM as of December 31, 2017.

    By Raymond Anderson
  • uploads///Analyst ratings
    Financials

    Why Wall Street Is Long on BlackRock Post-Rout

    Wall Street analysts are expecting a limited upside for asset managers (VFH) as well as broader indexes in 2018.

    By Robert Karr
  • uploads///analysts
    Earnings Report

    What Analysts Are Recommending for State Street Today

    Of the 20 analysts tracking State Street (STT) in January 2018, none has recommended a “strong sell” or a “sell.”

    By Raymond Anderson
  • uploads///Rel Val
    Earnings Report

    Can State Street Recover from Discounted Valuations?

    State Street’s (STT) PE (price-to-earnings) ratio stood at 14.6x on an NTM (next-12-month) basis, compared with the peer average of 17x.

    By Raymond Anderson
  • uploads///EV to rev
    Earnings Report

    Understanding State Street’s Balance Sheet

    State Street’s (STT) total assets stood at $238.4 billion at the end of 4Q17, compared with $242.6 billion in 4Q16.

    By Raymond Anderson
  • uploads///Valuation
    Company & Industry Overviews

    BlackRock’s Valuations Stable amid Strong Operating Performance

    BlackRock is currently trading at a forward price-to-earnings ratio of 17.6x, compared with the industry average of 18.6x.

    By Robert Karr
  • uploads///Earnings expectation
    Company & Industry Overviews

    BlackRock and Competitors Look at Strong 1Q18 Numbers

    Among the major asset managers, BlackRock (BLK) is expected to post sequential and year-over-year growth in earnings per share to $6.38 in 1Q18 and $6.83 in 2Q18.

    By Robert Karr
  • uploads///Analyst ratings
    Financials

    Wall Street Analysts Long on Asset Managers in 2018

    Analysts gave BlackRock a price target of $614.92 on a next-12-month basis.

    By Robert Karr
  • uploads///Repurcahses
    Company & Industry Overviews

    BlackRock Shareholder Payouts Rise amid Strong Growth

    BlackRock’s (BLK) board approved a 15.0% increase in quarterly dividends to $2.88 payable in March 2018.

    By Robert Karr
  • uploads///AUM by product
    Company & Industry Overviews

    Trump Administration’s Reforms to Benefit BlackRock and Industry

    BlackRock managed assets worth ~$1.9 trillion on December 31, 2017, compared with ~$1.6 trillion during the previous year.

    By Robert Karr
  • uploads///Valuations
    Company & Industry Overviews

    How Premium Are BlackRock’s Premium Valuations Going into 2018?

    BlackRock’s (BLK) outperformance, estimate beats, and new assets have helped the company command premium valuations.

    By Robert Karr
  • uploads///Analysts
    Financials

    Wall Street Rates BlackRock High in the Industry for 2018

    Asset managers (VFH) have had “buy” to “hold” ratings in recent months since equities are expected to be upbeat in the next few quarters.

    By Robert Karr
  • uploads///Rel val
    Earnings Report

    State Street’s Valuation after 3Q17 Results

    State Street (STT) has a one-year forward PE (price-to-earnings) ratio of 14.72x, representing a discounted valuation.

    By Raymond Anderson
  • uploads///profit margin
    Earnings Report

    Breakdown of State Street’s Assets under Management

    State Street (STT) has a total AUM (assets under management) of $2.7 trillion in 3Q17. Of the total AUM, equity contributed $1.6 trillion.

    By Raymond Anderson
  • uploads///AUM of asset managers
    Financials

    Assets under Management of Alternative Asset Managers

    On June 30, 2016, Carlyle Group (CG) reported total assets under management (or AUM) of $175.6 billion.

    By Raymond Anderson
  • uploads///Product type
    Company & Industry Overviews

    How Global Interest Rate Policies Are Affecting Asset Managers

    The Federal Reserve has continually raised rates from December 2015 through June 2017, to 1.50% from 0.25%.

    By Robert Karr
  • uploads/// Top
    Company & Industry Overviews

    November Winners: Wide Moat Rated Banks and Railroad Stocks

    The dawn of a Trump era in the United States has drastically changed the fortunes of domestic stock markets—unlike adverse predictions from many experts prior to the election.

    By VanEck
  • uploads///BK EPS
    Earnings Report

    BNY Mellon’s Third Quarter Earnings Top Estimates

    Bank of New York Mellon (BK) reported 3Q earnings on October 20. The company’s adjusted earnings of $0.90 per share beat consensus estimates of $0.81 and were 22% higher year-over-year.

    By Rebecca Keats
  • uploads///Earnings and estimates
    Earnings Report

    How Do BlackRock’s Net Income and AUM Look amid Uncertainty?

    BlackRock has become the world’s largest asset manager in just two decades. The company is managing $4.7 trillion in assets.

    By Robert Karr
  • uploads///Profitability
    Earnings Report

    Will BlackRock See Margins Dip Marginally in 2Q16?

    BlackRock is focusing on its iShares and retail offerings, which will help it scale up its assets under management as well as increase its margins.

    By Robert Karr
  • uploads///iShares
    Earnings Report

    BlackRock’s iShares Expected to Expand in 2Q16

    BlackRock’s (BLK) iShares had assets under management (or AUM) of $1.1 trillion as of March 31, 2016. The company continues to bring in innovative themes to address investor needs.

    By Robert Karr
  • uploads///Valuations
    Macroeconomic Analysis

    How Asset Managers’ Valuations Will Impact Brexit

    BlackRock (BLK) and other traditional asset managers have traded at premiums compared to alternative funds such as Blackstone (BX) and Carlyle Group (CG).

    By Robert Karr
  • uploads///Repurchase
    Macroeconomic Analysis

    BlackRock Declared $2.29 in Dividends in 1Q16

    In 1Q16, BlackRock declared a total dividend per share of $2.29, an increase of 5% compared to the corresponding quarter last year.

    By Robert Karr
  • uploads///Weekly T Bill Issuance and Bid Cover Ratio
    Company & Industry Overviews

    Last Week’s 13-Week Treasury Bill Auction: Focus on Direct Bidders

    The US Treasury Department auctioned 13-week Treasury bills (or T-bills) worth $28 billion on May 2.

    By Lynn Noah
  • uploads/// Year Treasury Note Issuance versus Bid Cover Ratio
    Company & Industry Overviews

    Why the Bid-to-Cover Ratio Surged for 7-Year Treasury Notes Auction

    The US Treasury Department holds seven-year Treasury notes (or T-note) auctions every month.

    By Lynn Noah
  • uploads///Revenues
    Earnings Report

    Could Foreign Exchange Become a State Street Tailwind in 2016?

    Foreign exchange revenues fell 14.9% to $143 million in 4Q15 due to lower currency volatility and client-related volumes.

    By Robert Karr
  • uploads///AUM
    Earnings Report

    State Street’s Product Innovation: The Key to AUM Base in 2016?

    State Street engages in the management of assets for its institutional as well as retail clients. Its AUM declined to $2.2 trillion in the December quarter of 2015.

    By Robert Karr
  • uploads///BNY EPS
    Earnings Report

    BNY Mellon’s 1Q16 Earnings Beat Estimates, Stock Gains 2.5%

    The world’s second-largest custody bank, BNY Mellon (BK) reported its first-quarter earnings on April 21. The company’s earnings of $0.73 per share beat consensus estimates of $0.67 and were 9% higher year-over-year.

    By Rebecca Keats
  • uploads///Weekly T Bill Issuance and Bid Cover Ratio
    Company & Industry Overviews

    Indirect Bidders Participated in the 13-Week T-Bills Auction

    The U.S. Department of the Treasury auctioned 13-week T-bills worth $28 billion on April 11. The offer amount of these bills was the same as the previous auction.

    By Lynn Noah
  • uploads///Valuation
    Earnings Report

    How BlackRock Has Maintained Its Premium Valuations amid Slowing Growth

    BlackRock has historically traded at a premium compared to its peers. It is currently trading at a premium forward price-to-earnings ratio of 16.6x.

    By Robert Karr
  • uploads///Institutional
    Earnings Report

    BlackRock Institutional Is Investing in Fixed Income

    BlackRock’s (BLK) institutional assets under management (or AUM) were $2.8 trillion as of March 31, 2016. Institutional AUM formed 63% of the company’s total AUM.

    By Robert Karr
  • uploads/// Year Treasury Note Issuance versus Bid Cover Ratio
    Company & Industry Overviews

    Why the Bid-to-Cover Ratio Rose for the 10-Year T-Notes Auction

    On April 13, ten-year T-notes worth $20 billion were auctioned. The bid-to-cover ratio rose. The ratio was 2.75x—the highest since the January 2016 auction.

    By Lynn Noah
  • uploads///Retail
    Macroeconomic Analysis

    BlackRock Expects to Attract Funds from Retail Clientele in 2016

    BlackRock’s Retail segment had AUM of $541 billion as of December 31, 2015. Retail’s AUM formed 13% of the company’s total AUM.

    By Robert Karr
  • uploads///Weekly T Bill Issuance and Bid Cover Ratio
    Company & Industry Overviews

    How Was Market Demand for the 13-Week Treasury Bill Auction?

    The U.S. Department of the Treasury conducted the weekly auction of 13-week Treasury bills on February 16, 2016. The total issuance was worth $37 billion.

    By Lynn Noah
  • uploads/// Month Treasury Bill Issuance versus Bid Cover Ratio
    Company & Industry Overviews

    Bid-to-Cover Ratio Fell for 26-Week Treasury Bill Auction

    The U.S. Department of the Treasury held the weekly 26-week Treasury bill auction on February 16, 2016. T-bills totaling $30 billion were on offer.

    By Lynn Noah
  • uploads/// Year TIPS Bond Issuance versus Bid Cover Ratio
    Company & Industry Overviews

    Demand for 30-Year TIPS Has Tanked in February

    The US Treasury auctioned 30-Year TIPS worth $7 billion on February 18, 2016. The amount was the same as during the October 22, 2015, auction.

    By Lynn Noah
  • uploads///EMF
    Macroeconomic Analysis

    Emerging Markets See Inflows Rise on Government Initiatives

    During the week ended January 22, 2016, emerging market equities (EEM) saw total inflows of $176 million compared to $110 million during the previous week.

    By Robert Karr
  • uploads///Revenues
    Earnings Report

    International Equities, Strong Dollar Fuel State Street’s Revenue

    State Street (STT) reported total revenues of $2.6 billion in 4Q15, down 2.7% from $2.7 billion in 4Q14.

    By Robert Karr
  • uploads///Payout
    Earnings Report

    State Street Maintains Its High Payout Ratio, Dividend Rises

    State Street (STT) has historically paid out most of its profits in dividends. The company increases its dividend per share in line with performance.

    By Robert Karr
  • uploads///USF
    Macroeconomic Analysis

    US Equities See Outflows of $3.1 Billion

    US equity outflows In the week ended January 22, 2016, US equities saw total outflows of $3.1 billion compared to $1 billion in the previous week. These equities saw outflows due to slow growth, contraction in the manufacturing sector, and the perceived outperformance of European equities. The US economy saw unemployment claims rise in December […]

    By Robert Karr
  • uploads///em f
    Macroeconomic Analysis

    Investors Continue to Withdraw from Emerging Markets

    During the week ending December 4, emerging markets saw total outflows of $658 million, compared to outflows of $372 million during the previous week.

    By Robert Karr
  • uploads///us f
    Macroeconomic Analysis

    Long-Term Outflows Continue, ETFs Attract Funds for US Equities

    In the week ending December 4, 2015, US equities saw total outflows of $3.4 billion, compared to $4.6 billion in the previous week.

    By Robert Karr
  • uploads///Expenses
    Macroeconomic Analysis

    Analyzing WisdomTree’s Compensation and Marketing Initiatives

    WisdomTree’s compensation and benefits expense increased by 94.3% from the third quarter of 2014 to $19.4 million, forming 47% of total expenses.

    By Robert Karr
  • uploads///Stock
    Macroeconomic Analysis

    WisdomTree Investments Has Returned 33% in the Past Year

    WisdomTree Investments’ (WETF) stock has returned approximately 33% over the past year ending November 11. It is currently trading at $20.70.

    By Robert Karr
  • uploads///Valuations
    Earnings Report

    State Street Trades at a Discount on Servicing and Management

    Currently, State Street is trading at a one-year forward price-to-earnings ratio of 12.5x compared to the industry average of 14.5x.

    By Robert Karr
  • uploads///AUM
    Earnings Report

    State Street Assets Under Management and Servicing Fall

    State Street’s assets under management fell by 9% to $2.2 trillion as on September 30, 2015, as compared to $2.4 trillion as on September 30, 2014.

    By Robert Karr
  • uploads///Stock
    Earnings Report

    State Street Income Falls on Equity Valuations, Interest Rates

    State Street reported its 3Q15 earnings on October 23, 2015. It missed analysts’ operating earnings per share estimates, posting operating EPS of $1.16.

    By Robert Karr
  • uploads///Valuation
    Earnings Report

    BlackRock Trades at a Premium on Its Strong Operating Performance

    Currently, BlackRock is trading at a premium, with a price-to-earnings ratio of 15.6x compared to the industry average of 13.2x.

    By Robert Karr
  • uploads///seic pm
    Earnings Report

    SEI Investments’ Income and Revenue Fell in 3Q15

    SEI Investments provides asset management, investment processing, and investment operations solutions to institutional and individual wealth management.

    By Gabriel Kane
  • uploads///Stock Repurchases
    Earnings Report

    BlackRock Rewards Shareholders through Repurchases and Dividends

    BlackRock has repurchased $1.1 billion worth of its own stock over the past four quarters. In 3Q15, the company repurchased stock worth $275 million.

    By Robert Karr
  • uploads///Stock
    Earnings Report

    BlackRock 3Q15: Net Income Declines, Earnings Beats the Estimates

    BlackRock, the world’s biggest asset manager, reported its 3Q15 earnings on October 14, 2015. The company beat analysts’ estimates, posting EPS of $5.00.

    By Robert Karr
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