Blackrock Municipal Income Trust (BFK) Receiving Somewhat Positive Media Coverage, Report Shows

12 Month Chart for NYSE:BTA
BlackRock LT Municipal Advantage Trust's (BTA) "Neutral" Rating Reiterated at Goldman Sachs Group Inc
Author

29 May, 2017

The Fund offers a dividend reinvestment plan. First Allied Advisory Services Inc. now owns 13,052 shares of the financial services provider's stock worth $147,000 after buying an additional 1,108 shares during the last quarter. Private Advisor Limited Liability Company holds 0.01% of its portfolio in BlackRock Insured Municipal Income Trust (NYSE:BYM) for 21,039 shares.

BlackRock LT Municipal Advantage Trust (NYSE:BTA) had its target price lowered by Royal Bank of Canada from GBX 425 ($5.53) to GBX 410 ($5.33) in a report published on Friday, May 12th. It has underperformed by 25.37% the S&P500. Bluecrest Capital Management Ltd sold 36,079 shares as Atmos Energy Corp (ATO)'s stock rose 6.63%. BIVV's SI was 2.62 million shares in May as released by FINRA. Atmos Energy Corp now has $8.70B valuation.

The stock decreased 0.53% or $0.23 on May 26, reaching $43.15. About 801,459 shares traded. Atmos Energy Corporation (NYSE:ATO) has risen 12.78% since May 29, 2016 and is uptrending. It has underperformed by 23.58% the S&P500. Bioverativ Inc (NASDAQ:BIVV) has 0.00% since May 29, 2016 and is. Its down 19.10, from 20 in 2016Q3.

A number of other equities research analysts have also recently issued reports on the company. First Allied Advisory Services Inc. raised its position in BlackRock LT Municipal Advantage Trust by 9.3% in the fourth quarter. This represents a $0.65 annualized dividend and a yield of 5.25%. Northwestern Mutual Wealth Management Co.'s holdings in Blackrock Taxable Municipal Bond Trust were worth $131,000 at the end of the most recent quarter. Carroll Fincl stated it has 2,720 shares or 0.01% of all its holdings. 7,674 were accumulated by Winslow Evans Crocker. Raymond James Financial Serv Advsrs accumulated 0% or 17,255 shares. Hightower Advsrs Lc holds 0.02% in Nuveen Maryland Premium Income Municipal (NYSE:NMY) or 114,084 shares. Citigroup Incorporated holds 0% or 40,811 shares. Schnieders Capital Management LLC now owns 14,100 shares of the investment management company's stock worth $316,000 after buying an additional 1,750 shares in the last quarter. Tci Wealth Advsrs Inc holds 0.02% of its portfolio in Nuveen Dividend Advantage Municipal Fund (NYSE:NAD) for 3,060 shares. Shareholders of record on Monday, May 15th will be given a $0.065 dividend. Cullen Frost Bankers has invested 0.01% in Nuveen Dividend Advantage Municipal Fund (NYSE:NAD). Shares for $740,775 were sold by GREGORY LOUIS P on Friday, December 16. Burgundy Asset Mngmt Ltd reported 1.34 million shares stake.

Investors sentiment increased to 1.58 in Q4 2016. Its up 0.20, from 0.9 in 2016Q3. It increased, as 28 investors sold ATO shares while 118 reduced holdings. 51 funds opened positions while 110 raised stakes.

Analysts await Harris Corporation (NYSE:HRS) to report earnings on August, 1. Bokf Na stated it has 0.06% of its portfolio in Harris Corporation (NYSE:HRS). Moreover, Wg Shaheen & Dba Whitney & Com has 0.16% invested in Harris Corporation (NYSE:HRS). Tradewinds Mgmt reported 370 shares. Voloridge Investment Management Llc has invested 0.16% in Harris Corporation (NYSE:HRS). Eventide Asset Management LLC now owns 14,000 shares of the investment management company's stock worth $302,000 after buying an additional 550 shares in the last quarter. 17,850 were reported by Thrivent For Lutherans. D E Shaw And Com Inc owns 270,408 shares for 0.03% of their portfolio. Benjamin F Edwards And Incorporated has 0% invested in Nuveen Maryland Premium Income Municipal (NYSE:NMY). Cobblestone Cap Advsr Ltd Liability Company invested 0.03% in Harris Corporation (NYSE:HRS). Lpl Fin Limited Liability, California-based fund reported 16,013 shares.


More news