Ideal Power Inc. (IPWR) At $1.26 Forms Bottom; Blackrock (BLK) Sentiment Is 1.19

Ideal Power Inc. (NASDAQ:IPWR) Logo

Blackrock Inc (BLK) investors sentiment decreased to 1.19 in Q4 2017. It’s down -0.19, from 1.38 in 2017Q3. The ratio is negative, as 435 hedge funds increased and started new holdings, while 367 reduced and sold their stock positions in Blackrock Inc. The hedge funds in our database now possess: 129.61 million shares, down from 130.57 million shares in 2017Q3. Also, the number of hedge funds holding Blackrock Inc in top ten holdings increased from 32 to 42 for an increase of 10. Sold All: 42 Reduced: 325 Increased: 313 New Position: 122.

Ideal Power Inc. (IPWR) formed multiple bottom with $1.21 target or 4.00% below today’s $1.26 share price. Ideal Power Inc. (IPWR) has $17.64 million valuation. The stock decreased 3.08% or $0.04 during the last trading session, reaching $1.26. About 167,389 shares traded. Ideal Power Inc. (NASDAQ:IPWR) has declined 66.08% since April 8, 2017 and is downtrending. It has underperformed by 77.63% the S&P500.

Investors sentiment decreased to 1 in 2017 Q4. Its down 1.50, from 2.5 in 2017Q3. It is negative, as 5 investors sold Ideal Power Inc. shares while 2 reduced holdings. 3 funds opened positions while 4 raised stakes. 1.66 million shares or 11.52% less from 1.88 million shares in 2017Q3 were reported. Ogorek Anthony Joseph New York Adv holds 0% or 500 shares in its portfolio. Northern invested in 25,720 shares. Two Sigma Limited Liability reported 19,721 shares. Vanguard Gru invested in 155,640 shares. Royal Natl Bank Of Canada has invested 0% of its portfolio in Ideal Power Inc. (NASDAQ:IPWR). Moreover, Deutsche Bancshares Ag has 0% invested in Ideal Power Inc. (NASDAQ:IPWR). Wells Fargo & Co Mn reported 8,000 shares stake. Credit Suisse Ag invested in 0% or 28,805 shares. Hilton Management stated it has 12,500 shares. Morgan Stanley stated it has 2,000 shares. S Squared Limited Co has 432,120 shares for 0.56% of their portfolio. Blackrock Inc reported 33,645 shares. Thompson Davis Co invested in 42,647 shares or 0.14% of the stock. Geode Capital Mngmt Ltd Liability Com stated it has 59,328 shares. Cetera Advisor Ltd Limited Liability Company reported 0% stake.

Among 8 analysts covering Ideal Power (NASDAQ:IPWR), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Ideal Power has $17.0 highest and $1.3 lowest target. $6.76’s average target is 436.51% above currents $1.26 stock price. Ideal Power had 18 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Ideal Power Inc. (NASDAQ:IPWR) earned “Buy” rating by Northland Capital on Friday, November 10. Oppenheimer initiated Ideal Power Inc. (NASDAQ:IPWR) rating on Wednesday, October 21. Oppenheimer has “Outperform” rating and $17 target. FBR Capital maintained the shares of IPWR in report on Tuesday, February 28 with “Outperform” rating. TH Capital reinitiated it with “Buy” rating and $17.0 target in Wednesday, August 5 report. On Friday, August 11 the stock rating was maintained by Oppenheimer with “Buy”. The stock has “Neutral” rating by Roth Capital on Thursday, January 19. The firm has “Hold” rating given on Wednesday, March 7 by FBR Capital. The rating was downgraded by B. Riley & Co to “Neutral” on Wednesday, March 7. The firm earned “Buy” rating on Tuesday, January 26 by H.C. Wainwright. Rodman & Renshaw initiated Ideal Power Inc. (NASDAQ:IPWR) on Tuesday, January 26 with “Buy” rating.

Analysts await Ideal Power Inc. (NASDAQ:IPWR) to report earnings on May, 10. They expect $-0.15 EPS, up 46.43% or $0.13 from last year’s $-0.28 per share. After $-0.13 actual EPS reported by Ideal Power Inc. for the previous quarter, Wall Street now forecasts 15.38% negative EPS growth.

The stock decreased 3.43% or $18.48 during the last trading session, reaching $519.92. About 518,536 shares traded. BlackRock, Inc. (BLK) has risen 41.90% since April 8, 2017 and is uptrending. It has outperformed by 30.35% the S&P500.

Mizuho Financial Group Inc holds 99.72% of its portfolio in BlackRock, Inc. for 3.07 million shares. Pnc Financial Services Group Inc. owns 34.42 million shares or 17.16% of their US portfolio. Moreover, Davis Capital Partners Llc has 10.13% invested in the company for 180,000 shares. The New York-based Junto Capital Management Lp has invested 6.62% in the stock. Third Point Llc, a New York-based fund reported 1.55 million shares.

Analysts await BlackRock, Inc. (NYSE:BLK) to report earnings on April, 18. They expect $6.46 earnings per share, up 23.05% or $1.21 from last year’s $5.25 per share. BLK’s profit will be $1.05 billion for 20.12 P/E if the $6.46 EPS becomes a reality. After $6.24 actual earnings per share reported by BlackRock, Inc. for the previous quarter, Wall Street now forecasts 3.53% EPS growth.

BlackRock, Inc. is a publicly owned investment manager. The company has market cap of $84.12 billion. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, firms, official institutions, and banks. It has a 17.2 P/E ratio. It also provides global risk management and advisory services.

Ideal Power Inc. (NASDAQ:IPWR) Ratings Chart