Jupiter Asset Management LTD Raised Its Blackrock (BLK) Holding; Enerjex Resources Common (NYSEMKT:ENRJ) Shorts Decreased By 74.78%

May 24, 2017 - By Adrian Mccoy

Jupiter Asset Management Ltd increased Blackrock Inc (BLK) stake by 69.91% reported in 2016Q4 SEC filing. Jupiter Asset Management Ltd acquired 11,382 shares as Blackrock Inc (BLK)’s stock rose 1.17%. The Jupiter Asset Management Ltd holds 27,664 shares with $10.53 million value, up from 16,282 last quarter. Blackrock Inc now has $63.82 billion valuation. The stock declined 0.22% or $0.88 reaching $395.09 on the news. About 42,477 shares traded. BlackRock, Inc. (NYSE:BLK) has risen 12.19% since May 24, 2016 and is uptrending. It has underperformed by 4.51% the S&P500.

Enerjex Resources Incorporated Common (NYSEMKT:ENRJ) had a decrease of 74.78% in short interest. ENRJ’s SI was 17,400 shares in May as released by FINRA. Its down 74.78% from 69,000 shares previously. With 215,500 avg volume, 0 days are for Enerjex Resources Incorporated Common (NYSEMKT:ENRJ)’s short sellers to cover ENRJ’s short positions. The SI to Enerjex Resources Incorporated Common’s float is 0.43%. About 12,823 shares traded. EnerJex Resources Inc (NYSEMKT:ENRJ) has risen 8.25% since May 24, 2016 and is uptrending. It has underperformed by 8.45% the S&P500.

Jupiter Asset Management Ltd decreased Copa Holdings Sa (NYSE:CPA) stake by 6,061 shares to 50,978 valued at $4.63M in 2016Q4. It also reduced Pfizer Inc (NYSE:PFE) stake by 52,095 shares and now owns 705,137 shares. Liberty Media Corp Delaware (Prn) was reduced too.

Investors sentiment increased to 1.17 in Q4 2016. Its up 0.03, from 1.14 in 2016Q3. It increased, as 38 investors sold BLK shares while 294 reduced holdings. 86 funds opened positions while 303 raised stakes. 127.96 million shares or 1.27% less from 129.61 million shares in 2016Q3 were reported. Hudock Grp Limited Liability holds 0.01% or 29 shares in its portfolio. Private Advisor Group Lc has invested 0.06% in BlackRock, Inc. (NYSE:BLK). M&R Cap Mngmt reported 35 shares. Amp Cap Investors holds 43,362 shares or 0.1% of its portfolio. Daiwa Securities Gp holds 39,078 shares or 0.1% of its portfolio. Envestnet Asset Mngmt Inc reported 18,928 shares. Vantage Invest Ltd owns 0% invested in BlackRock, Inc. (NYSE:BLK) for 22 shares. Gilman Hill Asset Mgmt Lc has invested 0.08% in BlackRock, Inc. (NYSE:BLK). Modera Wealth Mgmt Limited Liability Corporation holds 0.23% in BlackRock, Inc. (NYSE:BLK) or 1,764 shares. Dubuque Bank & Trust & Company holds 0% or 61 shares in its portfolio. Wellington Shields Management Ltd Liability Corporation reported 0.16% stake. Kanaly Tru reported 0% stake. Reilly Fincl Advisors Lc has 0.01% invested in BlackRock, Inc. (NYSE:BLK) for 119 shares. Berkshire Asset Mngmt Limited Liability Pa stated it has 0.03% in BlackRock, Inc. (NYSE:BLK). Burke And Herbert Bankshares And Communications holds 1,220 shares.

Among 14 analysts covering BlackRock (NYSE:BLK), 8 have Buy rating, 0 Sell and 6 Hold. Therefore 57% are positive. BlackRock had 57 analyst reports since August 26, 2015 according to SRatingsIntel. Wood maintained BlackRock, Inc. (NYSE:BLK) rating on Thursday, September 3. Wood has “Outperform” rating and $360 target. The stock has “Buy” rating by Argus Research on Monday, January 18. The rating was maintained by Argus Research with “Buy” on Thursday, October 15. The stock of BlackRock, Inc. (NYSE:BLK) has “Outperform” rating given on Thursday, January 21 by RBC Capital Markets. The stock has “Buy” rating by Gabelli on Wednesday, September 16. The stock of BlackRock, Inc. (NYSE:BLK) earned “Buy” rating by Deutsche Bank on Friday, January 8. Deutsche Bank maintained it with “Buy” rating and $392 target in Friday, July 15 report. The company was upgraded on Friday, October 2 by UBS. The firm has “Buy” rating by Deutsche Bank given on Tuesday, January 26. The rating was upgraded by Credit Suisse on Thursday, September 10 to “Outperform”.

EnerJex Resources, Inc. is an independent energy company. The company has market cap of $2.77 million. The Firm is engaged in the acquisition, development, exploitation and production of natural gas and crude oil properties in the United States. It currently has negative earnings. The natural gas and crude oil is obtained by the acquisition and subsequent exploration and development of mineral leases.